Apartments Sit Vacant After New York Rent Law Overhaul
In an unintended consequence of New York’s 2019 rent-stabilization law, landlords are leaving cheap units off the market.| The Real Deal
In an unintended consequence of New York’s 2019 rent-stabilization law, landlords are leaving cheap units off the market.| The Real Deal
Even if New York City’s vacancy rate exceeds 5 percent, elected officials likely won’t let the housing emergency, or rent stabilization, end anytime soon.| The Real Deal
Landlord groups say the Housing and Vacancy Survey distorts the vacancy rates in New York City to maintain rent stabilization.| The Real Deal
HPD announced that the city’s vacancy rate fell to 1.4 percent in 2023, with only 33,000 apartments available for rent.| The Real Deal
