More rent, more problems at new buildings

New “luxury” apartment buildings across New York City are piling up housing violations at an unexpected rate. Nearly 10 percent of roughly 1,600 residential buildings completed since 2016 have at least one housing code violation per apartment, averaging 2.1 violations per unit — more than double the citywide average of 0.8 — according to an analysis of city data by Gothamist. The findings suggest an increasing quality problem in the city’s newest housing stock, even as developers market many of the buildings as high-end rentals loaded with amenities. Tenants at several newly built towers report chronic maintenance issues ranging from […] This article originally appeared on The Real Deal. Click here to read the full story.