TarumK t1_j7zb1ux wrote
Reply to comment by TheSheikYerbouti in Median New York rent passes $4,000 a month in January by geoxol
I think you're confusing stabilized and controlled. A huge fraction of the buildings in NY are stabilized b default. If you rent a stabilized building now you're gonna pay market rate, and the rent's gonna go up 3/4 percent annually. In a couple years you'll probably be below market, but not that far below market. It's really only gonna be way below market if you've been there 20 years. But it's not hard to get at all.
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