Justice
Is Your NYC Apartment Rent-Stabilized?
Nearly half of the city’s housing stock is. A new tool will help you find out.
Ah, the New York City rent-stabilized apartment. Tucked inside multi-unit buildings dated 1947 to 1973, these apartments come guarded by maximum allowable rent increases, usually between 2 to 6 percent. Tenants enjoy extra legal protections from eviction, and the right to renew their leases as they wish—more or less indefinitely.
Sounds as mythical as a Manhattan journalist with a $40,000 shoe closet, right?