The Real Deal New York

This month in RE history: Builders testify on $10-a-room rentals

October 23, 2015 04:40PM
By Adam Warner


Tenements in New York City

From the October issue: Three years after the passage of the Emergency Rent Laws of 1920, and amid price gouging by landlords and rampant overcrowding, builders told the State Housing Commission that livable tenements could be built for around $10 a room per month, 92 years ago this month. The laws protected tenants from capricious rent increases and unfair eviction as of Sept. 27, 1920, but did not offer relief to tenants in newly constructed buildings. [more]