Understanding the Diversity of New York City’s Rent-Stabilized Housing
Rent-stabilized homes play an essential role in maintaining affordability for New York City tenants, not only citywide but also within neighborhoods that have otherwise experienced sharp rent increases over time. Preserving the quality and affordability of nearly one million rent-stabilized housing is a critical mandate for policymakers in New York City and New York State.
Understanding variation within the rent-stabilized stock is essential. Rent-stabilized apartments are found in a wide variety of buildings, and they are regulated through very different pathways. Those differences shape how they perform against some of the key features of rent stabilization – affordability, quality, and financial sustainability. A clearer picture of the stock and the pressures facing different segments is necessary to support long-term preservation.
To help meet this need, the NYU Furman Center has developed a new series that offers a clearer, more structured picture of the rent-stabilized stock. The briefs segment buildings based on how they became stabilized and it provides a detailed look at the geography of the stock. The briefs also provide a look into rents and violations data within each segment, while describing the financial constraints they face. This series will allow policymakers and researchers to see where financial and physical pressures are most acute.
Discover the Full Series:
- Overview Brief: Understanding the Segments of New York City’s Rent-Stabilized Housing
- Data Brief 1: Legacy 90%+ Rent-Stabilized Properties
- Data Brief 2:Government-Subsidized, Income-Restricted Properties