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by bogomipz
2974 days ago
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Nice cherry picked data. That's a HUD report. Try checking the NYC Rent Guidelines Report for accurate data: Manhattan 2.57 and Queens 2.11 [1] That's from page 2. It also shows a -25% and -35% change for vacancy rates from 3 years prior for those two boroughs. And you can't seem to produce any citation for your assertion about a piece of the tax code that allows landlords to make more money from empty apartments than renting them at market rate. [1] https://www1.nyc.gov/assets/rentguidelinesboard/pdf/hsr00.pd... |
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The Rent Guidelines Board has been an advocate for landlords for as long as I've lived here. Even now: https://ny.curbed.com/2018/4/13/17234694/nyc-rent-stabilizat...