|Photos provided by Real Rent Reform Campaign|
Sign the Real Rent Reform (R3) petition to end to
vacancy bonus and preferential rent loopholes.
Almost 240,000 NYC families live in a rent stabilized apartment
with a preferential rent - a discount that can be taken away at
lease renewal leading to a sudden increase of hundreds of dollars.
The vacancy bonus gives landlords a 20% increase in rent
each time an apartment turns over, providing an incentive for
harassment of long-term tenants.