Three New York City apartment buildings. (Photo by: GHI/Education Images/Universal Images Group via Getty Images) New York City’s polarized political climate has created a misalignment in incentives ...
Few would argue that New York City is mired in a housing crisis — as defined by high prices and low vacancies. There’s good evidence for that conclusion. The most recent federal New York City Housing ...
Next month will mark the latest chapter in one of New York's most bitter feuds: tenants vs. landlords. When the Rent Guidelines Board meets to determine how much the owners of nearly half of New York ...
The average rent for a 594-square-foot apartment in New York City runs for $3,858 per month, according to data from Apartments.com. However, prices can soar much higher in a hot real estate market, ...
On Election Day in Astoria, Ellie stood in a line that curled around the block of her polling site. The 31-year-old paralegal, who declined to use her real name for privacy reasons, earns $78,000 ...
HARLEM, Manhattan (WABC) -- Despite calls for a rent freeze, the NYC Rent Guidelines Board approved a 3% increase for one-year rent-stabilized leases, and 4.5% for ...
For a tenant, finding a rent-stabilized apartment in New York City has long felt like finding a needle in a haystack — and even when found, the needle might cost $2,500 a month and probably doesn’t ...
New York has taken a big step towards regulating short-term rentals (tthe rooms and homes for rent on platforms like AirBnB and VRBO, also known as STRs) the same way it does motels and hotels; ...
New York City offers a stark example of the problems created by rent control. The city’s framework, which allows tenants unilaterally to bequeath their rent-controlled apartments, has gutted landlords ...
Rent control lies at the center of New York City’s mayoral race. Frontrunner Zohran Mamdani and his supporters want to freeze rents to combat surging housing costs; other mayoral candidates have ...
There is no free lunch. Someone always pays for it. That’s true of housing as well. Freezing rent for all rent-stabilized tenants, who make up 40% of renters, will have two main consequences. First, ...
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