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If you'd rather rent than buy a house, finding a rent-stabilized apartment might be the perfect way to lower your monthly rental costs. And since the state of New York passed the Rent Act of 2015 ...
NYC apartment that’s just feet from subway platform rents for $4K-a-month. Deirdre Bardolf. February 22, 2025 at 4:15 AM. ... who splits the $4,000-a-month rent with two roommates.
Into the 1950s, a severe housing shortage prompted the first deregulation of rental units. In New York City, apartments in single and two-family homes became deregulated after April 1, 1953. Cities and towns outside New York City were given permission to deregulate when ready.
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The McKibbin Street Lofts are two opposing loft buildings in East Williamsburg, Brooklyn. They share similar features, such as 5 floors (16 apartments per floor at 255 and 20 at 248). The apartments range in size from 400 to 2500 square feet (various units between the first and second floors of both buildings are duplexes).
Since NoHo is primarily made up of loft apartments, this in turn makes it one of the most expensive and desirable neighborhoods in Manhattan. Its small size and central location also contributes to a high demand, again keeping prices high. [1] In 2014, a one-bedroom loft could rent at an average monthly rate of US$4,000. [13]
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