An actress lived for decades in this New York City apartment – for $28 a month

[lnguyen]

https://www.cnn.com/2018/05/14/us/new-york-apartment-rent-control-actress-trnd/index.html

[brudgers]

What I find interesting is that the low rent did not effect the economic viability of the real-estate purchase. It wasn't even part of the calculus in the building purchase. It's also worth noting that the low rent was not due to rent control but due to personal relationships between the tenant and the building's owners.