Oct 11

This highly comprehensive study is the first of its nature in more than 25 years and consists of cumulative data and information based on a sampling of 50,000 rent-stabilized buildings. The study provides strong evidence to dispel the Potter-like characterization that rent-stabilized owners are primarily large corporate interests, speculators, frequent “flippers” of properties or absentee owners who make obscene amounts of profits, unfairly taking advantage of their tenants.

via The New York Observer.

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