Renting a glitzy Manhattan apartment for half the market rate while raking in a six-figure salary is urban legend for most New Yorkers. But it is reality for a small class of renters, thanks to the city’s rent-stabilization law.
The best housing deals in New York City happen to go to some of the wealthiest renters in the area, according to The Wall Street Journal’s analysis of New York City’s 2023 Housing and Vacancy Survey, the most recent figures.
