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How small NYC landlords determine rents

How small NYC landlords determine rents

How do landlords decide what to charge? Is there a magic formula that can explain how your rent was established? The New York Times did a survey of small landlords in New York asking them how they determined what rent to charge for their non-rent-regulated apartments and found that most small landlords prioritize good tenants over tenants who can pay high rents, and most don’t price their units as high as the market may allow […]


Source: realdeal

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