View the map from ProPublica in its interactive form here >> Last year close to 22,000 tenants across the city were evicted from their homes, an issue that the folks at ProPublica trace to a 1994 City Council vote on “vacancy decontrol,” which allowed landlords to evade rent regulation and charge market rate for vacated apartments that cost $2,000 or more a month (it’s now $2,500). Not only did this incentive rent hikes, but it’s led to a major blow to the city’s rent stabilized inventory. To show the correlation between evictions and rent regulation, ProPublica has created this interactive map of the […]
Map highlights the correlation between evictions and rent stabilization loss in NYC : 6sqft
