Owners of rent-stabilized buildings get a bum rap, Bob "Big Knak Attack" Knakal writes, for being "primarily large corporate interests, speculators, frequent 'flippers' of properties or absentee owners who make obscene amounts of profits, unfairly taking advantage of their tenants." The end. No, no, just kidding. Knakal points to a new (unbiased?) survey showing that "a typical owner is a long-term investor and an immigrant managing his or her own properties through a family business, living in or near the properties and dependent upon the rental revenue for a significant portion of his or her income." So stop leaving flaming bags of poop on their doorsteps, plz. [NYO]
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