Report Profiles Demographics of Rent-Stabilized Tenants
The NYU Furman Center recently released a fact brief that details characteristics about the socioeconomic and demographic characteristics of the tenants who live in stabilized housing. The brief, Profile of Rent Stabilized Units and Tenants in New York City, is an update to a 2012 Furman Center brief. According to the brief, in 2011, roughly 66 percent of tenants living in rent-stabilized units had “low incomes” (less than $58,950 in 2011), compared to roughly 54 percent of tenants in market-rate units.