#rent-stabilized-buildings

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#financial-distress #maintenance-costs #new-york-city #operating-income #housing-code-violations
NYC real estate
fromNew York City, NY Patch
2 weeks ago

These NYC Neighborhoods Will See The Highest Rent Increases, Report Finds

Maintenance costs in rent-stabilized buildings exceed rental income, leading to financial distress, particularly in pre-1974 buildings and those with high stabilized units.
NYC real estate
fromtherealdeal.com
1 month ago

Just 10% of NYC multifamily buildings claim 80% of evictions: REBNY

Just 10 percent of multifamily buildings cause 80 percent of evictions and roughly half of housing code violations, concentrated in specific neighborhoods and predominantly among rent-stabilized properties.
Renovation
fromtherealdeal.com
9 months ago

Inside a nonprofit's effort to clean up billions in rent-stabilized debt

Community Preservation Corp is implementing loan modifications to address financial distress in rent-stabilized buildings.
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