Civic Report
No. 34 March 2003

Table 8: Stabilized Units Turning Over At Least Once During 1997–1998, By Borough, New York City Borough Quartile Median Stabilized Rent Total Number of Stabilized Units Units Turning Over at Least Once During 1997–1998 Percent Number of Units Bronx all $550 185,406 30% 55,203   1 361   15% 6,999   2 513   31% 14,787   3 598   36% 16,500   4 743   37% 16,917 Brooklyn all $607 268,822 31% 84,457   1 450   17% 11,943   2 575   33% 22,144   3 666   37% 24,534   4 843   39% 25,836 Lower and Mid-Manhattan all $1,000 238,425 30% 70,716   1 500   20% 10,830   2 875   32% 17,090   3 1165   39% 20,348   4 1700   42% 22,448 Upper Manhattan1 all $600 111,215 39% 43,232   1 350   16% 5,410   2 535   25% 8,542   3 668   37% 12,673   4 922   49% 16,607 Queens all $690 196,691 31% 61,348   1 498   19% 9,260   2 626   32% 15,777   3 728   34% 17,177   4 900   38% 19,134 Staten Island all $650 10,341 43% 4,497   1 400   28% 752   2 642   38% 960   3 735   54% 1,440   4 900   55% 1,345 New York City Total all $650 1,010,900 32% 319,453             Notes: 1. Includes Lower East Side / Chinatown

Table 9: Two-Year Vacancy Deregulation of Stabilized Units, Adjusted For Subsidy Levels, Predicted Rent Changes and Number of Units Affected, By Borough, New York City Borough Total Number of Stabilized Units Median Stabilized Rent Median Subsidy Subsidy as Percent of Rent, Median Median Rent Change from 100% Deregulation Adjusted ** Rent Change from Vacancy Deregulation Rent Change Percent Affected Units Affected Bronx 185,406 $550 $58 10% $37 $54 21% 38,642 Brooklyn 268,822 $607 $5 1% * * 25% 66,721 Lower and Mid-Manhattan 238,425 $1000 $397 37% $218 $374 13% 30,408 Upper Manhattan1 111,215 $600 $9 2% * * 30% 33,721 Queens 196,691 $690 * * * * 25% 49,078 Staten Island 10,341 $650 * * * * 35% 3,598 New York City Total 1,010,900 $650 $42 6% $8 $35 22% 222,168                   Notes: *  Effectively Zero ** Adjusted to take into account subsidy levels and overcounting; see text 1. Includes Lower Eastside/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]