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TABLE 9 - Maximum Mean Monthly Losses from Vacancy Decontrol over the Next Two Years Due to Higher Rents of Vacated Apartments by Age of Head

Age of Head Mean loss to new occupants of regulated units over the next two years Percentage of regulated apartments that will be vacated within two years Mean loss averaged over all occupants of regulated units
Younger than 62 $51 34% $17
62 or Older $134 19% $26

NOTE. _ Calculations assume that vacated apartments are occupied by households with same age of head as previous residents and that vacancy decontrol has no effect on who lives where. They ignore unmeasured benefits of vacancy decontrol. Always Open Go to: NYC-311 Home | Contact Us | Directory | Privacy Policy