Last year, New York buildings with at least one rent-stabilized apartment sold on average for $203,000 a unit, down 34% since 2019. One of the key reasons for drop in apartment prices in New York is tough rent control. These rules benefit longtime tenants at the expense of newcomers, and they’re an inefficient way to help those who need it most, scholars have found.
US News: Last year, New York buildings with at least one rent-stabilized apartment sold on average for $203,000 a unit, down 34% since 2019. One of the key re
The Social Housing Development may help tackle the state-wide housing crisis archpaper.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from archpaper.com Daily Mail and Mail on Sunday newspapers.