Tuesday, April 17, 2007

Rent Control, A Perspective

I know, I know. I blather on and on about rent control. I confess, it is an obsession of mine, and Curbed is all too happy to supply my demand.

After posting my own thoughts on the subject, I came across this entry on Curbed, which should give one perspective on how it affects a building.

Portrait of a Lower East Side Building

It ended up leading me to this real estate site, where I looked up a few listings and found many more drool producing rents. Including one ground floor apartment on Henry St. One tenant in this building rents a two bedroom, 800 sq ft apartment - complete with an 1,150 sq ft "private rear yard". The cost for such a pleasure? $396 a month!!

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