Posted by Provost on August 22, 2001 at 23:37:04:
In Reply to: stabilized rooms? posted by Cory on August 22, 2001 at 22:55:18:
Stabilization does apply to roomming houses, they are covered under a seperate law, and are known as SRO's (single room occupancy) They receive much lower increases (2% the last few years).
At one time SRO's provided a solid room for working class folks and newcomers to the city. However they have long since been regulated out of existence. No new SROs have been built since the 1940's, and those that remain are generally run by nonprofits for the benefit of persons in certain programs (such as former homeless, drug adicts, etc.)
: I have a question: are only full apartments -- that is with kitchen -- stabilized, or does stabilization also apply to rooms in rooming houses which are over 6 units per building and built during the stabilization time period (I forgot when this is).
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