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| 07/12/2007 07:53:51 PM |
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| 07/12/2007 07:36:51 PM |
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| 07/12/2007 07:16:39 PM |
50Day02: Entranceby citymarsComment by citymars: Originally posted by jonfrommk: ... sorry to be a pain with all these questions but can you tell me what rent stabilised means |
In NYC, rent stabilization is one form of rent regulation. Unlike rent control, which used to guarantee a tenant's rent could not be raised, rent stabilization puts a percentage cap on how much the rent can be raised each year.
As you can imagine, there is a big battle between landlords and tenants over the future of rent regulation. The laws are slowing changing to favor the landlords: new apartments are never subject to rent regulation, while the old apartments that are stabilized are becoming a thing of the past. Once a certain monthly rent is reached on an apartment, it is automatically removed from rent stabilization restrictions. So with each new lease, the landlord can raise the rent to "market value" or whatever he feels he can get.
That is why they say there will eventually be no middle class in Manhattan: there will be subsidized housing for the poor (e.g., projects), and the rest will go to those who can afford to pay the exorbitant rents. |
| 07/12/2007 07:06:48 PM |
50Day03: NW Office Viewby citymarsComment by citymars: Originally posted by jonfrommk: ... Are those blocks resi or commercial? Any idea of the cost per sq ft (if comm) or price (if resi) ... |
Hi, Jon. I don't mind the questions, but I have NO idea about prices. I'm fairly certain these are all residential buildings, though businesses of some kind may be planned for the street level spaces.
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| 07/12/2007 06:13:11 PM |
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| 07/12/2007 05:07:53 PM |
50Day02: Entranceby citymarsComment by jonfrommk: Larry nice shot and great B&W conversion, sorry to be a pain with all these questions but can you tell me what rent stabilised means
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| 07/12/2007 05:06:29 PM |
50Day03: NW Office Viewby citymarsComment by jonfrommk: Some quite nice design techniques here (thanks for the shot because it shows them off well)
Are those blocks resi or commercial? Any idea of the cost per sq ft (if comm) or price (if resi)
Terrific sky |
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| 07/12/2007 05:04:24 PM |
50Day10: View Westby citymarsComment by jonfrommk: Wow, I cant believe that you have got resi going up by a power station...I think youd get hung drawn and quartered if you tried that in the UK
Fantastic urban landscape which I have to say I find fascinating not only visually but also because of my work
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| 07/12/2007 12:39:38 PM |
50Day08: Mannequinby citymarsComment by cgino: And here I though "Hell's Kitchen" was just the name of a very funny reality show on Fox... :-) Cool shot, I like the crop, really makes you focus on the writing on the shirt! |
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| 07/12/2007 12:37:21 PM |
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