What Does a Rent-Stabilized Apartment Look Like in New York City?

How hard is it to land a rent-stabilized apartment in NYC? A new rent freeze will keep rents flat for tenants in these apartments starting in October. The city has roughly 1 million rent-stabilized apartments, accounting for about half of its rental housing stock. But scoring one is so coveted that even mentioning it can “turn heads in rooms.” #NYC #Housing #WSJ