Rent stabilization apartment (White Plains: to rent, condo, neighborhood)

[dtiger]

I am trying to buy a condo in White Plains, and then I have just found it's in a rent-stabilization building.

If I intend to rent this condo out after a few years when I get married, what's the implication of this policy to me as a potential landlord?

The relevant laws are quite lengthy and complicated. Could someone give me a short explanation in plain words? Thanks!

[wordlife]

what neighborhood is it in? My intuition tells me its somewhere between lake and main or close by the vicinity.

[dtiger]

That's right. It's very close to the City Center.

Do you know if such buildings are priced lower than the similar ones without this restriction policy?

Originally Posted by wordlife

what neighborhood is it in? My intuition tells me its somewhere between lake and main or close by the vicinity.