Affordable housing plan dropped from NY state budget

After opposition, Gov. Hochul has backed off a plan to allow single-family homeowners to turn parts of their residences into apartments, to create more affordable housing.

Gov. Hochul's single-family home proposal draws criticism, opposition

A provision in the state budget would allow single-family homes to be turned into apartments, to make affordable housing more accessible.

NYC rental prices up, availability drops

Apartments across the city are renting for an average of $2,700, up over 8 percent from 2020.

Long Island housing market stays red-hot

The median sales price for a Long Island home in December was $645K in Nassau and $525K in Suffolk County.

New York's pandemic-era eviction moratorium expires

Advocates and landlords don’t expect a flood of evictions right away, as the state still provides some eviction protection, but advocates say the state is setting the ground for a homelessness crisis.

Ryan Serhant on timing the real estate market
video

Real estate agent Ryan Serhant from the Bravo show 'Million Dollar Listing New York' talks about trying to time the market to buy at the best price.

New York to reopen rent aid applications, halted since Nov.

The state stopped accepting rental assistance applications in November. New Yorkers who apply for rental aid are protected from eviction while the state reviews their applications.

Real estate firm sues NYC over workplace vaccine mandate

A lawsuit has been filed in federal court challenging New York City’s sweeping mandate requiring nearly all private-sector businesses to ban unvaccinated employees from the workplace.

Santa Claus’ house: Take a tour of his North Pole estate valued at $1M

Santa Claus’ house on Zillow is estimated at more than $1 million, and the online real estate marketplace is offering a tour of the North Pole property.

NYC named most expensive city in the U.S.

New York City has been named the most expensive city to live in in the U.S. and across North America. But where does it rank globally?

Treasury targets all-cash real estate deals in anti-corruption effort

The Treasury Department may expand reporting requirements on all-cash real estate deals to help crackdown on bad actors' use of the U.S. market to launder money made through illicit activity.

Gowanus rezoning approved but critics remain

A coalition called Voice of Gowanus is critical of a rezoning plan recently approved by the City Council. The plan could create thousands of new housing units.

High property values, low interest rates prompt homeowners to refinance

New Jersey homeowner Robert Torino saw the changing market and decided to refinance his house a few months ago. His new rate is below 4%. These are some benefits to refinancing your home loan.

Homeless shelter opens on Billionaires' Row

After several years of back-and-forth battles, a homeless shelter has opened along the so-called Billionaires' Row in Manhattan.

People, homes vanish due to new privacy method for 2020 census

A method used by the Census Bureau for the first time to protect confidentiality in the 2020 census has made people and occupied homes vanish.

Tiny town slammed by applications for free land

A town in the Australian Outback hoped its offer of free residential land to anyone who would make it their home might attract five new families to the remote community of 800. But authorities have been overwhelmed by more than 250 inquiries in less than two weeks.