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Rent control limits the price a landlord can charge a tenant for rent and also regulates the services the landlord must provide. Failure to provide these may allow the tenant to receive a lower rent. [4] Outside of New York City, the state government determines the maximum rents and rate increases, and owners may periodically apply for increases.
A law barring monthly rents of more than $10,000 for new listings is stopping high-end homes from going on the market, real estate agents and brokers say. Such homes could be in demand for wealthy ...
Queens Boulevard is a major thoroughfare connecting Midtown Manhattan, via the Queensboro Bridge, to Jamaica in Queens, New York City, United States. It is 7.5 miles (12.1 km) long and forms part of New York State Route 25. Queens Boulevard runs northwest to southeast from Queens Plaza at the Queensboro Bridge entrance in Long Island City.
According to real-estate listing service StreetEasy, Jamaica's real-estate prices are rising the fastest out of all localities in New York City. The community's median home prices rose 39% in 2015. [41] The median sales price for a small row house in 2015 was $330,000, [42] and the median asking rent for a three-bedroom house in 2015 was $1,750 ...
Rent burden, or the percentage of residents who have difficulty paying their rent, is 51% in Sunnyside and Woodside, about equal to the boroughwide and citywide rates of 53% and 51% respectively. Based on this calculation, as of 2018, Sunnyside and Woodside is considered to be high-income relative to the rest of the city and not gentrifying.
Schooley laid out streets and divided his property into 469 lots, measuring 25 by 100 feet (7.6 m × 30.5 m), which he then sold off for $300 each. [ 4 ] [ 7 ] In 1869, a railroad stop at 73rd Street (then named Wyckoff Avenue) was opened by the South Side Railroad , which was sold in 1874 to the North Side Railroad, which then was merged into ...