What Neighborhoods Have the Best FARE Act Deals?

Where to focus your apartment search

Areas with large buildings and professional property management companies adapted fastest to the new rules.

Neighborhoods with high concentrations of rent-stabilized units offer the clearest long-term savings.

Specific areas worth targeting

Established Brooklyn and Queens neighborhoods near major subway lines where property managers handle dozens of buildings efficiently.

Areas like Astoria, Park Slope, and Crown Heights with lots of pre-1974 buildings that qualify for rent stabilization.

Where to be more cautious

Luxury Manhattan enclaves where rent increases might offset your broker fee savings in the first year.

Rapidly gentrifying neighborhoods where small landlords might attempt illegal workarounds.

New construction areas dominated by market-rate luxury buildings where savings may be minimal.

Focus on transparency and compliance over trendy zip codes until the market fully stabilizes.