Is now the time to buy a home in New York City's suburbs?

As the real estate market remains red hot, some brokers say now may not be the best time to be looking to buy a new home in New York City's suburbs.

Major demand for homes in New York
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Even with unemployment numbers still high, real estate brokers say the housing market is booming. But there are important factors to consider before you jump into homeownership.

Protesters march on Gracie Mansion over plan to move homeless out of NYC hotels

Advocates for the homeless marched on Gracie Mansion Sunday to protest the city’s decision to move some 300 homeless men from The Lucerne Hotel on the Upper West Side.

Homeless protests on Upper West Side
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Protesters took their voices to Gracie Mansion on Sunday to oppose the city's plan to move around 300 homeless men from The Lucerne Hotel on the Upper West Side.

Confusion, anger as more NYC homeless are shuffled around city

The homeless crisis is continuing to draw a rift between residents in New York City, as dozens of families are now being relocated from the Flatlands Family Residence in Brooklyn, just days before the first day of school.

Family shelter evictions
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The homeless crisis is continuing to draw a rift between residents in New York City, as dozens of families are now being relocated from the Flatlands Family Residence in Brooklyn, just days before the first day of school.

Manhattan apartment vacancies surge to record amid coronavirus exodus

Rental listings in Manhattan have risen to a record 15,025 at the end of August, while the vacancy rate climbed to a record 5.1 percent.

Homeless to be moved from UWS hotel after residents revolt

The city’s plan to temporarily house homeless men in hotels on the Upper West Side has backfired, after people who live in the neighborhood threatened to sue the city over the policy.

City moving homeless people from UWS hotel
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The city?s plan to temporarily house homeless men in hotels on the Upper West Side has backfired, after people who live in the neighborhood threatened to sue the city over the policy.

NYU student group demands Black-only campus housing

New York University officials signaled they are open to a student group's demands to create Black residence floors on campus next year, but the petition is already receiving backlash for proposing students segregate themselves.

Heavy buyer demand and low rates send US home sales surging amid COVID-19 pandemic

Spurred by ultra-low mortgage rates, home buyers rushed last month to snap up a limited supply of existing houses, causing the pace of purchases to jump by a record-high 24.7%.

Leaving New York City
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Vacancy rates are rising in New York City as more people choose to leave. But the coronavirus isn?t the only reason people are departing.

Moving companies swamped with customers leaving NYC
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Fears of growing violence and the coronavirus have a lot of people choosing to move out of New York City.

Residents protest plan to convert hotel into family shelter

Oyster Bay has taken legal action against the owner of a hotel, citing a violation of zoning codes and safety issues.

NYCHA residents complain of dangerous living conditions in the Bronx

For one NYCHA resident in the Bronx, the pandemic has made her already difficult living situation even harder, with much-needed repairs to her apartment left not done.

Apartment vacancies hit record high in Manhattan

The exodus of people from New York City now means that a whopping 13,117 apartments have been listed for rent in Manhattan alone, more than twice as many apartments as were available for rent at this time last year.

NYCHA resident complains of dangerous living conditions
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For one NYCHA resident in the Bronx, the pandemic has made her already difficult living situation even harder, with much-needed repairs to her apartment left undone.

Young people moving out of NYC area
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Many young people are fleeing New York City due to the pandemic, part of an exodus that could have a serious economic impact on the city.