Table
4
Rent Stabilized Vacant Units and Vacancy Rates
New York City, 1996 and 1999
| |
1996 |
1999 |
| All
Vacant for Rent Units |
81,256 |
64,412 |
| Rent
Stabilized Units |
37,549 |
25,790 |
| |
Pre-1947
Stabilized |
29,381 |
20,069 |
| |
Post-1947
Stabilized |
8,168 |
5,720 |
| |
Net
Vacancy Rate(a) |
| |
1996 |
1999 |
| All
Rental Units |
4.01%(b) |
3.19%(b) |
| Rent
Stabilized Units |
3.57 |
2.46 |
| |
Pre-1947
Stabilized |
3.85 |
2.61 |
| |
Post-1947
Stabilized |
2.83 |
2.06 |
________________________
Sources:
U.S. Bureau of the Census, 1996 and 1999 New York City Housing
and Vacancy Surveys.
Notes:
(a)
The vacancy rate is calculated by dividing vacant available
for rent units that are not dilapidated by the sum of vacant
available for rent units that are not dilapidated and renter-occupied
units.
(b)
The standard error of the vacancy rate for all renter units
was 0.21 percent in 1996 and 0.19 percent in 1999.
|