Civic Report
No. 34 March 2003

Table 4: Subsidies Generated By Rent Stabilization, By Borough, New York City, 1999 Borough Total Number of Stabilized Units Median Stabilized Rent Median Renter Household Income Median Subsidy Subsidy as Percent of Rent, Median 1999 1993 Bronx 185,406 $550 $18,904 $58 10% 11% Brooklyn 268,822 $607 $25,154 $5 1% 5% Lower and Mid-Manhattan 238,425 $1000 $47,000 $397 37% 19% Upper Manhattan1 111,215 $600 $22,500 $9 2% * Queens 196,691 $690 $30,000 * * * Staten Island 10,341 $650 $30,000 * * * New York City Total 1,010,900 $650 $31,000 $42 6% 7%               Notes: * Effectively zero 1. Includes Lower East Side / Chinatown

Table 5: Median Rents and Income Levels, New York City, 1993–1999 Median Contract Rent   1993 1999 % Increase Unregulated 640 750 17% Stabilized 525 650 24%         Median Household Income   1993 1999 % Increase Unregulated 25000 37000 48% Stabilized 20160 28000 39%

Table 6: Median Rents By Borough, New York City, 1993–1999 Borough 1993 1999 % Increase Bronx        Unregulated 600 700 17%  Stabilized 450 550 22% Brooklyn        Unregulated 600 700 17%  Stabilized 500 607 21% Lower- and Mid-Manhattan        Unregulated 1090 2029 86%  Stabilized 750 1000 33% Upper Manhattan1        Unregulated 716 750 5%  Stabilized 486 600 23% Queens        Unregulated 675 750 11%  Stabilized 564 690 22% Staten Island        Unregulated 575 650 13%  Stabilized 564 650 15%         Note: 1. Includes Lower East Side / Chinatown

Table 7: Deregulation of All Stabilized Units, Median Predicted Rent Changes and Number of Units Affected, By Borough, New York City           100% Deregulation Borough 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 Bronx 185,406 $550 $58 10% $37 7% Brooklyn 268,822 $607 $5 1% * * Lower and Mid-Manhattan 238,425 $1000 $397 37% $218 22% Upper Manhattan1 111,215 $600 $9 2% * * Queens 196,691 $690 * * * * Staten Island 10,341 $650 * * * * New York City Total 1,010,900 $650 $42 6% $8 1%               Notes: * Effectively Zero 1. Includes Lower East Side / Chinatown

[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]