the rent is still pretty damn high

Supreme Court Decides At Least Some NYC Apartments Will Remain Affordable

Supreme Court Decides At Least Some NYC Apartments Will Remain Affordable

For more than 40 years, finding a rent-stabilized apartment in New York City has been like winning the lottery. Earlier this morning, the U.S. Supreme Court shot down a challenge to the rent-stabilization regulations, meaning at least a million city residents will continue to pay rent that is only a fraction of what their neighbors pay [More]