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Failure to provide these may allow the tenant to receive a lower rent. [4] Outside of New York City, the state government determines the maximum rents and rate increases, and owners may periodically apply for increases. In New York City, rent control is based on the Maximum Base Rent system. A maximum allowable rent is established for each unit.
Short-term rental (STR) describes furnished self-contained apartments or houses that are rented for short periods of time. [1] They are usually seen as an alternative to hotels. "Short stay" rentals are an offshoot of the corporate housing market, [2] and are also offered by private owners and investors via online platforms such as Airbnb. [1]
Airbnb, citing data from Apartment List, said vacancy rates for apartments in New York City have remained virtually unchanged at 3.4% since the law took effect. The company also said the cost of ...
The San Remo is a cooperative apartment building at 145 and 146 Central Park West, between 74th and 75th Streets, adjacent to Central Park on the Upper West Side of Manhattan in New York City. It was constructed from 1929 to 1930 and was designed by architect Emery Roth in the Renaissance Revival style. The San Remo is 27 stories tall, with ...
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The Washington Square Village apartment complex is visible in the background. In the early 19th century, the tract on which Washington Square Village now stands was in the Eighth ward in the northernmost part of the New York City. Beyond were only farms and estates stretching north from what is now Washington Square Park. Neither the Park nor ...
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