Civic Report
No. 34 March 2003

Table A-6: HedonicenEquation, Unregulated Sector, Queens Dependent Variable    Natural log of monthly contract rent Number of Observation   901 Adjusted Squared Multiple R   0.411 Variable   Coefficient Std. Error T Intercept   6.150 0.044 141.31 Number of bedrooms   0.096 0.016 6.02 Number of other rooms   0.062 0.011 5.65 Built prior to 1947   -0.161 0.025 -6.40 Built btw. 1947 and 1969   -0.051 0.026 -1.98 Broken or boarded-up windows on street   0.000 0.039 0.00 Excellent or good neighborhood   0.029 0.020 1.40 Three or more maintenance deficiencies   0.032 0.031 1.03 Length of tenure   -0.019 0.005 -3.96 Length of tenure, squared   0.000 0.000 0.62 Queens Zone 14   0.182 0.029 6.20 Queens Zone 15   0.134 0.029 4.56 Queens Zone 16   0.156 0.028 5.64

Table A-7: Deregulation of All Stabilized Units, Median Predicted Rent Changes and Number of Units Affected, Bronx And Upper Manhattan           100% Deregulation   Total Number of Stabilized Units Median Stabilized Rent Median Subsidy Subsidy as Percent of Rent, Median Median Rent Change from Deregulation Median Percent Rent Change Lower Bronx and Upper Manhattan1 207,361 $560 $41 8% $28 5% Kingsbridge Heights / Mosholu Riverdale / Kingsbridge Williamsbridge / Baychester 69,684 $580 $42 7% $34 6% Throgs Neck / Co-op City Pelham Parkway 19,576 $570 $89 17% $57 10%                Notes: 1. Mott Haven / Hunts Point; Soundview / Parkchester; Morrisania / East Tremont; Central Harlem / East Harlem; Highbridge / South Concourse; Morningside Heights / Hamilton Heights; University Heights / Fordham; Washington Heights / Inwood

Table A-8: Deregulation of All Stabilized Units, Median Predicted Rent Changes and Number of Units Affected, Brooklyn           100% Deregulation   Total Number of Stabilized Units Median Stabilized Rent Median Subsidy Subsidy as Percent of Rent, Median  Median Rent Change from Deregulation Median Percent Rent Change Sunset Park / Bensonhurst Sheepshead Bay / Gravesend Borough Park Williamsburg / Greenpoint 83,422 $612 $12 2% * * Brooklyn Heights / Fort Greene Park Slope / Carroll Gardens Flatbush / Flatlands / Canarsie Bay Ridge 83,217 $668 * * * * Bedford Stuyvesant / Bushwick East New York / Starrett City Brownsville / Ocean Hill Coney Island 46,968 $565 * * * * N. Crown Hts. / Prospect Hts. South Crown Heights East Flatbush 55,215 $600 $15 2% * *               Note: * Effectively zero

[Table 1] [Table 2] [Table 3] [Table 4] [Table 5]
[Table 6] [Table 7] [Table 8] [Table 9] [Table A-1] [Table A-2]
[Table A-3] [Table A-4] [Table A-5] [Table A-6] [Table A-7]
[Table A-8] [Table A-9] [Table A-10] [Table A-11]