NYC has 1000’s of empty apartments. You'll never guess why.
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New York City is in a housing crisis—and according to official statistics, roughly 26,000 rent stabilized apartments sit vacant. That’s because New York City law makes many units unprofitable to rent. Today, we’re talking about IJ’s new federal challenge focused on vacant units—not occupied apartments—and what it could mean for property rights and renters.
Today we’re joined by IJ attorneys Suranjan Sen and Will Aronin.
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Private Property | Rental Caps
Lawsuit Challenges New York Law That Keeps Apartments Off the Market During a Housing Crisis
Small property owners challenge New York’s rent stabilization laws on vacant apartments, which keep tens of thousands of units empty amid a housing crisis.
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