Battery Park City rent protections extended for long-time tenants

Hundreds of tenants at Gateway Plaza, Battery Park City’s oldest and largest residential development, will have their annual rent increases capped at 2.5 percent for the next 43 years. On Monday, the Battery Park City Authority (BPCA) announced an agreement with Marina Tower Associates to extend those protections for roughly 430 units with continuous occupancy [...] The post Battery Park City rent protections extended for long-time tenants first appeared on 6sqft.