rent-stabilized

American  

[rent-stey-buh-lahyzd] / ˈrɛntˌsteɪ bəˌlaɪzd /

adjective

1. regulated by law so that rent increases may not exceed a specified amount.

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Other Word Forms

• rent-stabilization noun

Example Sentences

I wrote back that I would accept $10,000 less than the posted $60,000 salary if it meant staying in consideration, just enough to get by in my rent-stabilized New York apartment.

From Slate

It has just lowered the cap on rent increases for rent-stabilized apartments, a massive portion of the city’s housing stock that houses nearly half of the city’s residents.

From Los Angeles Times

Ms. Weaver’s crowning achievement is a 2019 state law that restricts New York City landlords’ ability to pay for renovations by raising rent and does away with the ability to deregulate rent-stabilized units—which account for nearly half the city’s rental housing—when tenants move out.

From The Wall Street Journal

Signature Bank failed in spring 2023 as depositors fled, spooked by its large exposure to the crypto industry and lending concentration in New York City’s rent-stabilized apartment buildings.

From The Wall Street Journal

Rent-stabilized buildings have been selling at steep discounts, some for less than the cost of a NYU degree.

From The Wall Street Journal