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Housing

NYC pilot program to offer $395K to homeowners building extra housing

NYC pilot program to offer $395K to homeowners building extra housing

The Plus One ADU, short for ‘accessory dwelling units’, would help owners build additional housing for tenants.

November 22
NYCHA residents and migrants spar over food, resources in Queens

NYCHA residents and migrants spar over food, resources in Queens

Tensions are rising between NYCHA residents and newly-arrived migrants over limited food and resources.

November 17
East Harlem NYCHA complex gets $8M for flood prevention

East Harlem NYCHA complex gets $8M for flood prevention

According to residents of the Clinton Houses, an NYCHA public housing facility at 108th and Lexington in East Harlem, flooding is a major issue.

November 16
New Rochelle residents frustrated over uninhabitable apartments post-Hurricane Ophelia

New Rochelle residents frustrated over uninhabitable apartments post-Hurricane Ophelia

Residents at the Dorchester Gardens apartment complex in New Rochelle haven’t been able to move into their homes since September when remnants of Hurricane Ophelia dumped a deluge of rain and water into their apartments.

November 14
NYCHA unveils new safety proposal for e-bike owners

NYCHA unveils new safety proposal for e-bike owners

NYCHA has proposed new rules for owning and operating e-bikes for its tenants after a string of deadly fires across the city.

November 8
Report: You would need to earn six figures to afford a median-priced home in the US

Report: You would need to earn six figures to afford a median-priced home in the US

The Associated Press reported that home sales continue to decline but prices continue to climb.

November 3
Airbnb faces lawsuit as Upper West Side landlords demand $3M over Local Law 18

Airbnb faces lawsuit as Upper West Side landlords demand $3M over Local Law 18

Two Upper West Side landlords are suing Airbnb citing violations of Local Law 18, the city’s newly enacted short-term rental law.

November 1
Is NYC the worst city for renters in America?

Is NYC the worst city for renters in America?

Is New York City actually the worst city for renters in the United States? The answer might surprise you!

October 26
US housing market needs 1M more homes to satisfy demand

US housing market needs 1M more homes to satisfy demand

National Association of Realtors Chief Economist Lawrence Yun argued that policy changes could boost housing supply. The shortage of homes is keeping upward pressure on prices.

October 24
Housing in NJ to provide independent lifestyle for autistic adults

Housing in NJ to provide independent lifestyle for autistic adults

A single mother, with the inspiration of her autistic son, is building a new housing project in New Jersey to give autistic people an opportunity to live more independent lives while also continuing to receive the services they need.

October 20
Ribbon-cutting for new affordable housing complex of NYC hip-hop museum

Ribbon-cutting for new affordable housing complex of NYC hip-hop museum

A ribbon-cutting ceremony was held for a new affordable housing complex in the Bronx Thursday at the future home of the Universal Hip-Hop Museum.

October 19
Mayor Adams unveils housing plan: 100,000 new homes over the next 15 years

Mayor Adams unveils housing plan: 100,000 new homes over the next 15 years

Part of the initiative also does away with parking requirements for apartment buildings linked to pricey parking garages.

September 22
Monthly home prices hit all-time high, driving pending sales down

Monthly home prices hit all-time high, driving pending sales down

Monthly home prices have hit an all-time high in recent weeks, driving down pending home sales by as much as 28%. 

September 15
Average Manhattan rent remains over $5,500 a month

Average Manhattan rent remains over $5,500 a month

The average rent in Manhattan is now $5,552 a month, while the median rent remains at $4,400 a month.

September 14
New NYC law cracking down on short-term rentals takes effect

New NYC law cracking down on short-term rentals takes effect

Questions remain over whether Local Law 18, a law aiming to regulate booking service platforms like Airbnb will ultimately ease the city's housing shortage or have unexpected adverse effects.

September 13
Residents rally for affordable housing instead of another homeless shelter

Residents rally for affordable housing instead of another homeless shelter

Officials want permanent solutions to homelessness, not expensive quick fixes.

September 12
Airbnb limits some new reservations in NYC as new short-term rental laws take hold

Airbnb limits some new reservations in NYC as new short-term rental laws take hold

Officials and housing advocates pushing for the new rules say they're necessary to protect the city’s housing stock and to stop apartments from becoming de facto hotels.

September 5
Home prices will rise in 2023 as affordability crisis worsens, Goldman says

Home prices will rise in 2023 as affordability crisis worsens, Goldman says

Goldman Sachs projects home prices to climb by 1.8% this year amid housing shortage

August 28
The US housing market may be trapped in a prolonged freeze

The US housing market may be trapped in a prolonged freeze

Fannie Mae economists predicted in a revised forecast that the U.S. housing market faces a prolonged downturn due to high mortgage rates and limited supply.

August 28
Thousands of NYC's rent-stabilized apartments sat empty, IBO report says

Thousands of NYC's rent-stabilized apartments sat empty, IBO report says

Rent-stabilized apartments are highly sought after in New York City. But more than 13,000 such apartments sat vacant for at least two years between 2021 and 2022.

August 23
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FBI releases images of 2 suspects involved in employee carjacking in DC, offer $10,000 reward

FBI releases images of 2 suspects involved in employee carjacking in DC, offer $10,000 reward

Strong winds knock over National Christmas Tree in front of White House

Strong winds knock over National Christmas Tree in front of White House

White House 2023 Christmas decor unveiled

White House 2023 Christmas decor unveiled

Watch: Train adorned with Christmas lights rumbles through southern England

Watch: Train adorned with Christmas lights rumbles through southern England

Thanksgiving Turkey Pardon: Biden pardons turkeys Liberty, Bell in White House tradition

Thanksgiving Turkey Pardon: Biden pardons turkeys Liberty, Bell in White House tradition

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More NYC landlords reporting late payments to credit reporting agencies

More NYC landlords reporting late payments to credit reporting agencies

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Trump is back in New York court for civil fraud trial as testimony nears an end

How much New York's minimum wage will increase on Jan. 1, 2024

How much New York's minimum wage will increase on Jan. 1, 2024

These New York laws take effect in 2024

These New York laws take effect in 2024

These NJ laws take effect in 2024

These NJ laws take effect in 2024

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