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Rent control in NYC applied (originally) to most units - units in existing buildings - and without regard to income.

IZ only applies to new buildings, only to a limited number of units, and is offset for the developer by being allowed to build more units. And the units must be occupied by people within the stated income limits.

its quite different from rent control.

by AWalkerInTheCity on Jul 12, 2012 2:22 pm • linkreport

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