Study: Vacation homes for the rent-stabilized?

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A study claims that thousands of New Yorkers are living in rent-stabilized apartments at the same time they own expensive vacation homes outside of the city. A doctor, for instance, occupies a two-bedroom, rent-stabilized spread overlooking Central Park while owning a $1 million home in Florida. Living in rent-stabilized apartments is usually not precluded by personal income, but it’s illegal for a tenant to occupy a rent-stabilized apartment if it’s not the tenant’s primary residence. more [Sun]

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