Former tenant·8 months ago
Extraordinary Rent Hikes
Pros
Standard New York City apartment in great area
Cons
The building management hikes rent every year so the whole building vacates and new tenants come in. My rent went up 25% from 2023 to 2024 in a market that only increased by 6%. All my neighbors have similar stories. Don’t plan to live here more than a year because they will do it again.
Advice to the owners
Not ethical to raise that high in one year. This is our home and our life.
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