California retirement community hikes elderly couple's rent by $1,000/month: 'That has to be a mistake'

Residents at a Southern California retirement home are seeing their monthly payments go up by more than $1,000 a month, leading some to question whether they'll still be able to afford to live there.

Here’s how much the average 1-bedroom, 2-bedroom rent is in America

Nationwide rent prices continued to climb in August 2022, according to a new report. Here’s a look at how much renters are paying on average this month, and when the market could level off.

FTC says Opendoor must pay $62 million after cheating home sellers

The Federal Trade Commission says online homebuyer Opendoor must pay $62 million to settle charges that it cheated homesellers out of thousands of dollars.

This NJ city has been named U.S.'s most expensive for renters

A city in New Jersey has been named the most expensive for renters in the U.S., while a recent report says the Garden State is the seventh most expensive state in the nation for renters.

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.

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.

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.