Manhattan prices begin to 'stabilize,' fighting an 80 percent rent hike, & more
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This week, readers turned their attention to Manhattan’s co-op and condo sales market. The median sales price slipped in the third quarter year over year, as it has done for the past four, consecutive quarters. But it was the smallest decrease so far and a sign that prices are beginning to stabilize.
Also of interest: A long-time renter wants to know if an 80 percent rent hike is legal. Because the renter lives in a market-rate apartment, the answer is yes.
Here are this week's top five posts:
1) Manhattan co-op and condo prices appear to be ‘stabilizing’
2) Can I fight an 80 percent rent hike for my Brooklyn apartment?
4) New bill would provide relief to some condos and co-ops facing Local Law 97 fines
5) Is your neighbor harassing you? Follow these 4 steps to handle the problem