The spring rental season is nearly upon us, that time when the boroughs teem with would-be tenants scouring Craigslist and traipsing behind brokers to New York’s ever-dwindling supply of quality apartments. Who are these people?
According to the latest New York City Housing and Vacancy Survey, most city renters are between the ages of 25 and 54 (more specifically, between the ages of 35 and 44); and the renters in these age ranges tend to be men. More women, however, over 55 rent than do men over the same age. And, finally, they have a good chance of living in a regulated and/or subsidized apartment: About two-thirds of New York’s apartments are not market-rate.