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Harlem Building’s Shocking Price Tag | Real Estate News
A Harlem rent-stabilized building with 24 units just hit the market for over a million—less than a new Kia Telluride per unit—sparking debate over tenant ownership and the plummeting value of such properties since 2019’s tenant protection laws. With similar Bronx deals selling for under $66K/unit, experts like Jay Martin argue that while the math seems tempting for tenants, operating costs likely outweigh rent revenue, making ownership a financial trap under current rules. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on…
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