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rents dropping - beware

Started by harrylic
about 9 years ago
Posts: 3
Member since: Jan 2010
Discussion about Linc LIC at 43-10 Crescent Street in Hunters Point
Rents are dropping in the LINC, and in LIC, but management is not passing those decreases to current tenants renewing. In fact, they are trying to raise the rents for current tenants while renting identical units for less. If you are renewing or going in for the first time, make sure to negotiate because the building doesn't care about being fair to current tenants.
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