The Housing Stability and Tenant Protection Act (HSTPA) severely limits rent increases, eliminates vacancy decontrol, and restricts how much you can pass through for renovations in rent-stabilized buildings. This permanently compresses building income and reduces valuations - especially for buyers who previously relied on the vacancy bonus strategy. Your buyer pool narrows primarily to investors underwriting current rents, not speculative upside.
From the seller playbook: Selling Rent-Stabilized Buildings
This is general information, not legal, tax or accounting advice. Every situation is different. Talk to a licensed attorney, accountant or tax professional before you act.
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