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re: NYC officially approves a rent freeze for up to 2 years

Posted on 6/27/26 at 7:06 pm to
Posted by Kinderman
Member since Oct 2023
1646 posts
Posted on 6/27/26 at 7:06 pm to
Posted by Athanatos
Baton Rouge
Member since Sep 2010
8204 posts
Posted on 6/27/26 at 10:45 pm to
quote:

Neighborhoods have 75% of the apartments being around $2k. Many of those are bought by investors and turned into condos in the 800k-1M range. Many of those condos are bought as vacation/secondary stays in the city. Neighborhood now has 35% of the apartments being around $2k.


Do you have a cite to something suggesting this is occurring in quantities sufficient for the result you propose?
Posted by Lickitty Split
Inside
Member since Apr 2017
4194 posts
Posted on 6/27/26 at 11:02 pm to
So can I as a landlord not renew the lease with the tenant and then jack the price up? I wouldn’t give the tenant the option. When I say no renewal I’ll let them offer to pay more.
Posted by RoscoeSanCarlos
Orange Beach
Member since Oct 2017
2158 posts
Posted on 6/28/26 at 6:13 am to
Dude… STFU. I lived and worked in NYC. My mother graduated from high school in NYC. Your weekend trip doesn’t make you more informed. Now go sit in the corner and suck your thumb little boy.
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