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In Manhattan, the average rent topped $5,000 for the second straight month in July, increasing 1.1% to $5,113 from $5,058 in June.
Across New York City’s five boroughs in 2023, rent rates grew an average of 8.6 percent compared to just 1.2 percent for wages — the largest gap among the country’s 50 biggest metropolitan ...
Rent regulation in New York is a means of limiting the amount of rent charged on dwellings. Rent control and rent stabilization are two programs used in parts of New York state (and other jurisdictions). In addition to controlling rent, the system also prescribes rights and obligations for tenants and landlords. [1]
The median monthly rent cost for an apartment in New York City is $4,163, according to the most recent numbers from Rent.com. Armacost isn’t the only one to feel the pain.
Signed by. Andrew Cuomo. Signed. June 14, 2019. Status: Current legislation. The Housing Stability and Tenant Protection Act of 2019 ( HSTPA) is a New York state statute that introduced major changes to landlord-tenant law. [1]
Moving Day in Little Old New York, satirical painting, c.1827. Moving Day was a tradition in New York City dating back to colonial times and lasting until after World War II. On February 1, sometimes known as "Rent Day", landlords would give notice to their tenants what the new rent would be after the end of the quarter, [1] and the tenants ...
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