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Is my now-stabilized rent based on the last stabilized rent for the apartment, or is it based on what I pay now?
I moved into an apartment and signed a rent-stabilized lease, which has a "preferential rent" significantly lower than the stabilized rent the landlord can charge.
The stabilized rent climbed to $1,850 a month.
Her stabilized rent ended up at $1,726.78 a month.
The stabilized rent rose to $2,200, market rate.
Oh yes, and the stabilized rent on the apartment was $2,000 a month.
Similar(47)
In Staten Island, according to the survey, median market rents and stabilized rents are about the same.
But stabilized rents outside Manhattan are, on average, not far from market rents.
The building is rent stabilized (rents range from about $800 to just under $2,000).
In the Bronx, stabilized rents actually rose slightly faster than market rents between 1999 and 2002.
They fear that the rising stabilized rents will serve in the long run to undermine public support for rent stabilization.
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