Exact(10)
Tenants don't set rents.
To recoup costs, the government set rents so high that no one could afford them.
That means they are free to set rents that take into account the earnings and livings costs of their tenants when deciding the right level of rents.
Developers contend that they also need subsidies and tax abatements in order to set rents at competitive levels and to make projects economically viable.
In New London, downtown property is becoming more expensive, but under the co-op arrangement, participants can manage the Hygienic, set rents, and not be squeezed out, he said.
As the New York City Rent Guidelines Board prepared for a vote tonight to set rents for 2.3 million tenants, Mayor Rudolph W. Giuliani yesterday proposed what he called moderate increases, of 3percent and 55 percent.
Similar(50)
In a second transfer it suggests councils be entitled to set rent subsidy levels in their local private sector.
Each developer has set rent at around $1,800 for a one-bedroom and $2,500 for a two-bedroom unit, at least $500 more than rents for similar-sized units in apartment buildings constructed before World War II.
A coalition of councils, led by Islington in north London, have said they will seek legal advice to challenge the decision as they believe local authorities should set rent rates.
POINTING out that the referral services are not involved in setting rents, Mr. Gerstein cautioned that some people listing apartments "try to make a profit on it".
But if he sets rents too high, he might not attract the young college graduates who make up a key constituency.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com