Recent insights revealed by the Furman Center highlight a worrying trend: the financial distress associated with rent-stabilized properties could see exponential growth. The data indicates that landlords of these properties are increasingly finding it challenging to meet their financial obligations due to static rent rates amidst rising costs. This imbalance is driving concerns about the long-term sustainability of rent-stabilized housing, a vital component of affordable living in New York City. Stakeholders are urged to address this issue proactively to prevent a potential crisis in rental markets. With increased operational expenses and constrained revenue streams, the future of rent-stabilized apartments is at a critical juncture. The study underscores the importance of policy intervention to support both tenants and landlords to maintain the viability of New York’s affordable housing stock.
The Real DealNew data shows substantial growth in UK’s aerospace, defense, and space sectors
June 17, 2025
In the latest growth revelation, new data from ADS uncovers that the combined value of the aerospace, defense, security, and space industries has surged by