Is there a difference between rent control & rent stabilization? Rent Control: The rent control program generally applies to residential buildings constructed before February 1947 in municipalities that have not declared an end to the postwar rental housing emergency. A total of 51 municipalities have rent control, including New York City, Albany, Buffalo and various cities, towns, and villages in Albany, Erie, Nassau, Rensselaer, Schenectady and Westchester counties. For an apartment to be under rent control, the tenant (or their lawful successor such as a family member, spouse, or adult lifetime partner) must have been … (5 comments)
renting: How to Rent an Apartment in Manhattan NYC:
- 06/10/11 01:40 AM
Renting an Apartment in Manhattan, NYC Everyone wants their first New York City rental experience to be a positive one. As a current or future Manhattanite, you should familiarize yourself with the rules of renting in order to make your experience as hassle and worry free as possible. Carefully read any documentation presented to you by your future landlord before entering into any contract. Although many leases contain predominantly boilerplate language, in many instances clauses may be added to the lease contract that supersede or alter the lease agreement in some way. Such additions are called riders. Also, the … (27 comments)
renting: Buying? Selling? Renting? Leasing? Have it Your Way in Manhattan, NYC
- 11/29/10 03:30 AM
I just read an article in The Real Deal about 10 US cities where it is sensible to rent. According to data compiled by Trulia, NYC ranked number one on a list of national cities that are most ideal for renting. The list was based on home prices vs rental prices. All of the cities where it makes sense to rent have a strong housing market, local economy and good jobs. While it may be a buyer's market in many places, those places with high home costs, renting is a viable option since it will cost less to rent than to … (25 comments)
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