This is the elephant in the room about this article complaining that some rent-controlled apartment dwellers in NYC are not getting the same amenities as full-rent payers: “In 2011, the median rent for a rent-regulated apartment in Manhattan was $1,321 a month, compared with $2,696 for a market-rate apartment, according to the Furman Center.” This disparity has been true for decades: Section 8 Housing is sufficiently a contentious issue in residential real estate that I’m actually mildly surprised that it hasn’t sparked riots. Or targeted assassinations. What real estate agents do not want to say here is that this: Continue reading Why Johnny can’t use the new spa: Rent control and the second class apartment dweller.