NYC rents shoot up, pushing out tenants who signed pandemic deals
New York City's pandemic rent deals initially sounded like a good idea for many. But as the deals expire, many renters are being priced out of their apartments.
Despite high rent, it’s still cheaper than buying a home – except in these cities
Rents are up 14.1% over the same time last year — they’ve hit record levels every month for the past 16 months.
Confidence of US home builders plunges in July as rising costs slow sales
U.S. homebuilder confidence for single-family homes posted its seventh straight monthly decline in July, another sign of a weakening housing market.
Average Manhattan rents soar to record highs
The average monthly rent for a Manhattan apartment has soared to a new record high, while brokers say things aren't going to slow down anytime soon.
LGBT Network senior housing complex on Long Island
A 75-unit LGBT-friendly senior housing complex in Bay Shore is said to be the first of its kind in a U.S. suburb.
NYC Rent Guidelines Board votes to increase rents
The Rent Guidelines Board voted to raise rents on one- and two-year leases on the city's 1 million rent-stabilized apartments and lofts. Find out by how much lease renewals are going up.
NYC rent hike hearing
New York City's Rent Guidelines Board is supporting rent increases between 2 and 4% for one-year leases and between 4 and 6% for two-year leases for rent-stabilized apartments.
Shaquille O'Neal unveils basketball court, 'Shaq Tower' in Newark
Newark celebrated new developments in recreation for kids as well as housing in downtown, all thanks to the involvement of NBA legend and Newark native Shaquille O'Neal.
Company offering $2,000 to unleash 100 cockroaches in your home: Here's why
They are looking for 5 to 7 household owners for the experiment, which will last for about 30 days.
NY electric bills to rise 12% this summer
Con Edison, which provides energy for roughly 10 million people living in New York City and Westchester County has estimated that power bills this summer will be a whopping 11-12% higher than in 2021.
NYC rent hikes: Some residents could see 6% increase
In a preliminary vote, the Rent Guidelines Board voted 5-4 to propose rent increases on one-year leases for apartments and lofts by 2%-4%, and by 4%-6% on two-year leases.
Migration from big cities boosts housing prices in smaller markets
Since the COVID-19 pandemic, more people are moving out of big cities, driving up housing prices in smaller markets like Boise.
Anonymous donor pays $60K overdue rent for NY public housing
Numerous tenants who faced eviction after the end of New York’s eviction moratorium in January had their overdue rent paid by an anonymous person.
NYC rent hike could affect 1M apartments with up to 9% increase
New Yorkers who live in the city's rent-controlled apartments are bracing for a vote from the Rent Guidelines Board that could see nearly 1 million apartments see as much as a 9% rent hike.
Chinatown homeless shelter plans shelved after community pushback
After community pushback, New York City is scrapping one of the four planned homeless shelters set to go up in and around Chinatown.
Home prices jumped 20% in February. These 3 cities saw eye-popping increases in a year
Home sales are falling as interest rates rise, but when will we see home prices go down? Experts say not quite yet.
Manhattan rents rising shockingly fast
Many people who left New York City during the pandemic have returned. So the rising rents are due to supply-and-demand forces.
NYC building workers and landlords reach deal, averting strike
More than 32,000 workers, including doormen, handymen, porters, concierges, and superintendents, now have a tentative contract deal with landlords that includes the biggest raise they have ever received — about 12% over four years.
NYC rent-stabilized apartments could see 9% price hike
One-year leases could see a hike between 2.7 and 4.5%, while two-year leases could jump between 4.3 and 9%.
US long-term mortgage rates rise; 30-year loan reaches 5%
Long-term U.S. mortgage rates continued to climb this week as the key 30-year loan rate reached 5% for the first time in more than a decade amid persistent high inflation.