The city saw a net gain in the number of rent-stabilized apartments added to the housing stock last year for the first time since vacancy decontrol became law in 1994. The saw a net gain of 4,387 stabilized units in 2017 — 11,044 new apartments and a loss of 6,657 units — according to new figures from the Rent Guidelines Board cited by Politico. The return of 421a helped the production of new stabilized apartments. […]
source https://therealdeal.com/2018/05/29/number-of-rent-stabilized-units-rises-for-first-time-since-deregulation-began/
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