NYC rental market in crisis — as tenants are priced out and rent-stabilized landlords rush to sell cheap
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On Election Day in Astoria, Ellie stood in a line that curled around the block of her polling site. The 31-year-old paralegal, who declined to use her real name for privacy reasons, earns $78,000 annually — and has been priced out of three apartments in five years. Her rent jumped $520 in the last three years alone to $2,270, not including utilities, and that’s even living with two roommates, each paying that amount, in a market-rate unit. She voted that day, she said, because she was “tired
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