Spring Fever
Now that Tom Cruise has completed his "mission" the big news has turned to impending rent increases for rent-stabilized apartments.
Mission Impossible 5 seems to be keeping housing prices affordable in New York city. Taking into consideration the number of rehabilitated buildings in the Harlem area that are subsidized by the city the proposed rent increase is going to have an obvious economic impact on residents. If they have a car they are in even more financial trouble.
At least the weather has been nice and spring like. Hopefully readers have been taking advantage of the weather by enjoying the wonderful parks and recreation that Harlem offers. Stocking up on allergy medication might be a good idea too considering the high pollen count and it is only going to get worse.
Photo credit: (c) Donald Andrew Agarrat (Harlemite)
- Real Estate, Notes from the Editor | Time: 4:45 pm (UTC+8)