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New York City’s Rent-Stabilized Buildings Are Becoming a Long-Term Hold

Trying to solve the affordability problem in New York City is like banging your head against a wall. But, if you’re living in a rent-stabilized building, don’t bang too hard — the landlord isn’t likel

New York City’s Rent-Stabilized Buildings Are Becoming a Long-Term Hold
Photo: Commercial Observer

Summary

Trying to solve the affordability problem in New York City is like banging your head against a wall.

But, if you’re living in a rent-stabilized building, don’t bang too hard — the landlord isn’t likely to fix the damage.

There are about 1 million rent-stabilized apartments in New York City, according to the Metropolitan Council […]

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