Rats, Roaches, Leaks: Rent-Stabilized Building Owners Whose Bets Went Sour Delay Repairs
Crumbling conditions in two Bronx buildings show how tenants pay the price when real estate speculation doesn’t work out.
This article was published in partnership with THE CITY.
I had leaks, my foot fell through the floor. My son caught lead when he was two, from a window pane and now he has to go to speech therapy. The pipes are ridiculous. I have mold.
A previous version of this article includes quotes from a 2021 interview with a representative of the Community Housing Improvement Program, a building owner trade group, describing a survey of members’ operating costs. Those quotes have been removed, as the interview took place before more comprehensive information was made available.
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