
FARE Act adding to “landlord strangulation,” one owner says
April 9, 2026
The Real Deal
Conventional wisdom holds that rent-stabilized apartments are snapped up instantly and held for years, if not decades. But one landlord told me tenants are moving more and becoming pickier, making it harder for her to fill units that rent for close to market rate. For highly qualified tenants, apartment hunting has become easier as turnover has increased, she said.

The FARE Act, which took effect last June, has a lot to do with these trends, said the owner, who has also been a commercial real estate broker since 1980. I’ll identify her by her initials, LT. LT’s explanation is rooted []This article originally appeared on The Real Deal. Click here to read the full story.
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