The nonprofit watchdog Citizens Budget Commission has joined the rising chorus of industry observers — and now independent researchers — calling on the city to step in and address the growing distress ...
Rent stabilized apartments: If you’re a renter, you probably want one. If you’re a landlord or developer, you probably don’t. It’s time to get clear on exactly what it means to have a rent-stabilized ...
Some rent-stabilized buildings have lost so much value that their owners literally can't even give them away. But a key report released by the New York City Rent Guidelines Board on Thursday shows ...
In a swerve from precedent, the Rent Guidelines Board’s two tenant members dismissed Tuesday’s preliminary vote as a sham, casting a vote of no confidence in both the board and Mayor Eric Adams.
Regulatory changes are taking a bite out of the asset class' desirability as an investment, owners and brokers say.
The Rent Guidelines Board voted Monday night to permit rent increases of 3 percent on the city’s 2.4 million rent stabilized tenants. With Democratic mayoral nominee Zohran Mamdani promising to freeze ...
Your pricey apartment could actually be rent-stabilized. That’s the case for Manhattan artist Richard Carroll Jr., who told Gothamist he unknowingly lived in a rent-stabilized apartment for nearly two ...
When it comes to multifamily real estate investment, rent-stabilized housing can be an under-appreciated asset in the right circumstances. In cities like New York, where strict new rent regulations ...
Rent stabilized apartments: If you’re a renter, you probably want one. If you’re a landlord or developer, you probably don’t. With the city and state starting to ramp up their enforcement of rent ...