Why Are Rent Controlled Apartments So Hard to Find in NYC?

Nick at Hauseit (https://www.hauseit.com) reveals why it's practically impossible to find a rent controlled apartment for rent in NYC. Save money when buying, selling and renting real estate in New York and Florida with Hauseit (https://www.hauseit.com). Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. How it works: https://www.hauseit.com/how-it-works/
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Full Blog Post: https://www.hauseit.com/rent-controlled-apartment-nyc-real-estate/

Rent controlled apartments in NYC are hard to find is because they're not making any more of them. There are only 16 000 or so of them left in NYC, and the only way you can get one is if you are a qualifying family member with succession rights of an existing rent-controlled tenant.

If you are looking for a good deal on a rental in NYC, you need to stick to rent stabilized apartments which are still out there. You can find one online and there's also a list that you can cross-reference from the city which has a list of rent stabilized buildings.

Rent stabilized apartments are different from rent-controlled units, but they're all part of the rent regulation program here in NYC. Also check out affordable housing lotteries. These lotteries are for apartments in new buildings where developers are getting tax breaks and in exchange they agree to provide highly advantageous pricing for a handful of rentals in the building.
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Save money when buying, selling and renting real estate in New York and Florida with Hauseit (https://www.hauseit.com). Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. Learn how it works: https://www.hauseit.com/how-it-works/

Hauseit Group LLC, Licensed Real Estate Broker
Tel: +1 (888) 494-8258
Email: [email protected]
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