New York Today: New York Today: How to Find a Rent-Stabilized Apartment

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Finding a rent-stabilized apartment is not impossible.

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Drew Angerer/Getty Images

Good morning on this overcast Tuesday.

It is the holy grail of New York City living: the rent-stabilized apartment.

In these mythical flats, the price of rent is controlled by the city and typically increases at a fraction of the price of similar units on the market.

Despite their fabled status, they do exist: According to city data, there were about a million rent-stabilized apartments in the city last year, making up about 44 percent of its total rental stock.

So how do you actually secure one of these unicorns?

We spoke to brokers and drew on our own recent apartment-hunting experience. Here’s some advice to get your search started.

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Know what to look for. Rent-stabilized units are mostly in buildings that were built before 1974, have six or more units, have not been previously deregulated, and are not a co-op or condo.

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Search smart. Do an advanced search using the keywords “rent stabilized” in real estate listing sites like RentHop, StreetEasy, Zillow or Craigslist. If you save a search on some sites, you’ll receive a daily email with new listings that match your criteria.

Zero in on odd prices … “Look for a funny price point, like $1993.64 instead of $2,000,” said Douglas Wagner, director of brokerage at Bond New York. “Anything with change attached to it at a lower price range is probably old-school rent stabilized.”

… But ignore listings over $2,733.75. That’s the current price when an apartment can be deregulated.

Search city data. The Rent Guidelines Board has listings of the city’s rent-stabilized buildings. If you think a building might have rent-stabilized units, you can look it up here, or call Homes and Community Renewal.

Schmooze everyone. “Meet your broker in person and make friends with them,” Mr. Wagner said. “Brokers tend to respond to people who respond to them,” he added, and will have you in mind when a new listing becomes available. Talk to doormen, longtime neighborhood residents, and friends and co-workers who live in rent-stabilized apartments, said Neeta Mulgaokar, an associate broker at Mirador Real Estate. Contact their landlords and follow up with them regularly.

Give yourself time. Begin your search six to eight weeks before you will move, said Eva Nowakowski, a real estate saleswoman at Citi Habitats. And move quickly. Below-market rent-stabilized apartments are often snatched up the same day they are listed.

Don’t move. Once you find a place, you can stay as long as you want. As long as you pay rent and follow the rules, you’re guaranteed a renewal of the lease.

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Here’s what else is happening:

Weather

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Tomorrow:

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If you’re moving today, cross your fingers.

There’s a chance of rain this afternoon, and the high is near 50, about 12 degrees below average.

Tomorrow will probably be the high point of the week, with lots of sunshine and temperatures near 60.

In the News

A federal judge held off on deciding who should get the first look at a trove of materials seized in the F.B.I. raids last week on President Trump’s personal lawyer, Michael D. Cohen. [New York Times]

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Michael Cohen, President Trump’s embattled lawyer, leaving court in Manhattan on Monday.

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Jeenah Moon for The New York Times

A woman and her daughter were killed in a fire that tore through their two-story Queens house before dawn on Monday, the authorities said. [New York Times]

The 19th Congressional District, which includes Hudson Valley, has emerged as a battleground for the Democratic Party in its hope to flip the House of Representatives in the midterm elections. [New York Times]

Did Yoselyn Ortega, a nanny who fatally stabbed two small children, suffer from mental illness? As the trial winds down, the defense and prosecution make their case to the jury. [New York Times]

The city will remove a statue of J. Marion Sims, a pioneering gynecologist who conducted experimental surgeries on female slaves, from Central Park. [New York Times]

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The statue commemorating Dr. J. Marion Sims will be removed from Central Park on Tuesday morning, and relocated to Green-Wood Cemetery in Brooklyn, where he is buried.

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An Rong Xu for The New York Times

New York City’s Department of Corrections will now house incarcerated individuals based on the gender they identify as, Mayor Bill de Blasio announced. [Metro New York]

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Since Dec. 16, 1940, New York has not opened a new subway line, aside from a handful of small extensions and connections. [City Lab]

How did New York City get its 212 area code? [Untapped Cities]

Brooklyn cops found more than 70 guns and an “unprecedented” stash of ammo in the basement of a Queens home. [New York Daily News]

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Today’s Metropolitan Diary: “Saturday Night Out, 1978

For a global look at what’s happening, see Your Morning Briefing.

Coming Up Today

It’s National Volunteer Week. Learn how to get involved in your community at a New York Cares orientation session at the New York City Cares headquarters in Lower Manhattan. 6 p.m. [Free]

Celebrate 25 years of New York City Transit’s “Poetry in Motion” campaign with readings and conversations with poets at the New York Transit Museum in Downtown Brooklyn. 6:30 p.m. [$10]

A new season of the Stranger Than Fiction documentary film series kicks off with a screening of “Boom for Real: The Teenage Years of Jean-Michel Basquiat,” at the IFC Center in Greenwich Village. 7:30 p.m. [$17]

An evening of Scandinavian music at the Scandinavia House in Midtown Manhattan. 7:30 p.m. [Free]

The podcast “Late Night Whenever” will be recorded in front of a live audience with the guests Danielle Brooks (Netflix’s “Orange Is the New Black”) and Ben Sinclair (HBO’s “High Maintenance”) at The Greene Space in Lower Manhattan. 7:30 p.m. [$20]

Mets host Nationals, 7:10 p.m. (SNY). Yankees host Marlins, 6:35 p.m. (YES).

Alternate-side parking remains in effect until May 10.

For more events, see The New York Times’s Arts Entertainment guide.

And Finally…

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The New York Times newsroom yesterday, as the staff gathered to watch the announcement of the 2018 Pulitzer Prizes.

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Benjamin Norman for The New York Times

The winners of the 2018 Pulitzer Prizes were announced yesterday. Among them were works of journalism by, and about, New Yorkers.

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For public service, The New York Times and The New Yorker shared the prize for their reporting on prominent men accused of sexual abuse and harassment, including Harvey Weinstein and Bill O’Reilly.

For national reporting, the staffs of The New York Times and The Washington Post won for their coverage into Russian interference in the 2016 election.

For criticism, Jerry Saltz of New York magazine won for his work on visual art in America, touching on work and exhibitions at the Whitney, Frieze New York and the Met.

For editorial cartooning, Jake Halpern, a freelance writer, and Michael Sloan, a freelance cartoonist for The New York Times, won for a series that chronicled a real-life family of Syrian refugees coming to America.

In the category of feature writing, Rachel Kaadzi Ghansah, a reporter for GQ, won for her profile of Dylann Roof, who killed nine people inside a church in Charleston, S.C.

Here is a list of this year’s winners and finalists. Congratulations to those in New York and around the world.

New York Today is a morning roundup that is published weekdays at 6 a.m. If you don’t get it in your inbox already, you can sign up to receive it by email here.

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