Last year, new tenants received concessions, in some cases, three months rent-free on a one-year lease. Now, they're facing the gross rate on top of a rent hike.
A study shows that households would need a yearly income of more than $100,000 to afford an apartment in New York City.
White House officials are outlining plans to build and restore more than 2 million homes.
Just hours before New York's eviction ban was set to expire, Gov. Kathy Hochul called the Legislature back into session.
New York state has been slow to distribute the rental assistance it has received from the federal government. Data from the state shows that as of Aug. 23, only about $203 million of the more than $2 billion in federal relief allocated for New York has been paid out.
Gov. Kathy Hochul’s promise to get more COVID-19 rental assistance money into the hands of struggling New York tenants takes on new urgency after the U.S. Supreme Court struck down the Biden administration’s temporary federal ban on evictions.
A majority of the largest metropolitan markets are seeing rents becoming higher than mortgage costs.
The Supreme Court is allowing evictions to resume across the United States, blocking the Biden administration from enforcing a temporary ban that was put in place because of the coronavirus pandemic.
According to a new report, New York City has unseated San Francisco as the city with the most expensive rent in the nation.
A federal appeals court on Friday allowed the COVID-19-related pause on evictions imposed by the CDC to remain in place, setting up a likely battle before the nation’s highest court.
A federal judge refused Alabama landlords' request to put the CDC’s new eviction moratorium on hold, though she ruled that the freeze is illegal.
The director of the U.S. Centers for Disease Control and Prevention approved a renewed, 60-day eviction moratorium that would protect areas where 90% of the U.S. population lives on Tuesday.
The eviction moratorium expired at midnight Saturday. The White House said the CDC was “unable to find the legal authority” to extend it and called on states to act.
Millions of Americans are at risk of losing their homes now that the federal eviction moratorium has expired.
Tenants saddled with months of back rent are facing the end of the federal eviction moratorium on July 31, a move that could lead to millions being forced from their homes.
State, local officials delivered just 6% of available aid to renters in first half of 2021.
A nationwide eviction moratorium for renters is set to expire Saturday night, after the House of Representatives adjourned for August recess without passing an extension.
Mayor Bill de Blasio has not agreed to extend the hotel stays for homeless residents but his administration just raised the value of rental-assistance programs to help more shelter residents secure affordable housing.
A federal freeze on most evictions enacted last year is scheduled to expire Saturday, after the Biden administration extended the original date by a month.
New data show sales of newly built homes dropped in June to the lowest since the first month of the coronavirus pandemic