How to Tell Which New York City Apartments are Rent Regulated
By Kyle Pennacchia
More than 56 percent of New York City residents are burdened by spending more than one-third of their income on rent and utilities according to a recent New York City Housing and Vacancy Survey. The challenge current landlords and city officials face is making the rental market within the city limits profitable, while also keeping rental rates affordable and readily available for all New York City residents.
Owning a residential building in New York City can be...