I recently learned that tenants in rent stabilized buildings are
getting rent dedcreases related to the economic problems of the past
few years. Is this true? New York City

Hi judylinda-ga,

I was able to find several articles and reports that discussed rent
decreases across the board in NYC following September 11 and
continuing into 2002. However, I was unable to locate anything that
demonstrates that this trend is continuing. Instead, a 2003 article in
New York Living Magazine purports that the rental market is in the
upswing, although yet not fully recovered.

Reinventing Renting: The Rental Market Now
Steve Coulter
New York Living Magazine
http://www.newyorklivingmag.com/recent_articles/rental_story.shtml

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new york city AND rent reductions

cynabun-ga