4.8k rent stabilized unit vs. 4.3k non rent stabilized unit
Hi!
My roommate and I are deciding btwn two places, one is a 4.8k rent stabilized unit while the other is a 4.3k non rent stabilized unit. Both are in corporate buildings.
The 4.8k rent stabilized also has in-unit laundry and a tiny bit more space like a walk in closet, while the other has in-building laundry, bit smaller, but in a slightly more convenient neighborhood (same work commute but maybe like 5-10 mins closer to weekend hangout spots?)
It will be ideal to stay in the unit long term. But it’s hard to say whether we will actually will, since both neighborhoods are new to us, we are early in our careers, and aren’t certain about our job security and all.
The non stabilized unit is owned by TF Cornerstone, if anyone knows how much they would typically increase rent by. Looking to get some opinions from those with more experience, as I’ve heard some non stabilized still have reasonable renewal rates depending on landlord?