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Why does this neighborhood begin here, and not there, that block dangerous and rents on this one prohibitively expensive?
In separate votes, the board froze rents on residential hotels for one-year leases, the only kind offered.
Today, however, asking rents on Madison and elsewhere are dropping by as much as one-third, brokers say.
True, rents on deregulated homes would rise, but not universally.
Rents on the remaining units have doubled or even tripled.
And the rents on those venues are massive.
"First, SoHo has the most expensive rents on the planet.
So you have very low rents on large apartments, high rents on small apartments; low rents on apartments that are ideally located or possess many amenities, higher rents on apartments with inferior locations and fewer amenities".
Rents on the kind of big compounds foreign outfits liked have halved.
Rents, on the other hand, seem set to increase, thanks to low vacancy rates.
Rents on the majority of apartments are controlled; politicians flocked to defend the occupants.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com