The road to rent stability

The Rochester Beacon recognizes Fourth Economy's assistance with the Rental Vacancy Rate Study alongside Mullin & Lonergan Associates Inc., and Highland Planning LLC. After all of the surveys were processed, the contractors had data on 245 properties, or 37 percent of those considered appropriate. With that information, they estimated that the net vacancy rate of Rochester’s ETPA-eligible rental properties was 9 percent, too high for the city to adopt the ETPA and institute rent stabilization.