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rent-stabilized
[ rent-stey-buh-lahyzd ]
adjective
- regulated by law so that rent increases may not exceed a specified amount.
Other Words From
- rent-stabi·li·zation noun
Example Sentences
The city’s proposal would make them permanent and go further to mandate every rent-stabilized unit demolished is replaced by an income-restricted affordable unit.
They want officials to mandate developers replace each rent-stabilized unit they demolish with not one but two income-restricted affordable units.
It would make less financial sense for developers to replace existing rent-stabilized housing, and some builders would instead choose to build in single-family areas where they’d demolish houses an occupant has chosen to sell.
In a staff report, it said it would probably prove too costly for many developers and could significantly reduce the construction of housing, including units that are mandated to have rent affordable for low-income households, not merely rent-stabilized.
But Alex Zayas, a 27 year old nursing assistant who lives in a rent-stabilized apartment, doesn’t see it that way.
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