NYC decides on who should pay broker fees amid affordable housing crisis

In New York City, rental broker fees can be as much as15% of the annual rent. So far the FARE Act bill has 33 sponsors in the 51-member City Council, which is one vote away from a veto-proof majority.

NYC rent: Who should pay cost of broker fees? City Council hearing scheduled

NYC is one of the only cities in the U.S. where tenants are slammed with broker. Under a new City Council proposal, that may not longer be the case.

NYCHA Section 8 housing application deadline: What you need to know

The application window for New York City's Section 8 Housing Choice Voucher (HCV) program waitlist opened for the first time in nearly 15 years.

Housing affordability is Gen Z's top voting issue, survey finds

Rising housing costs are making it difficult for first-time buyers to secure a home, an issue concerning young voters ahead of November’s election. 

NYCHA opens Section 8 applications: Are you eligible?

NYCHA has started accepting applications for the Section 8 Housing Choice Voucher program waiting list for the first time in nearly 15 years. Here's what you need to know.

Map shows hourly wage needed to afford rent in New York

A study looked at the hourly wage needed to afford rent in every state in 2023. Here's where New York ranked.

NYC reopens Section 8 housing waitlist after 15 years - What you need to know

NYCHA will start accepting applications for the reopening of the Section 8 Housing Choice Voucher program beginning June 3 and running until June 9.

Homes are overvalued in most of the US – and the problem is worse in these 5 states

An overwhelming majority of homes in the U.S. are overvalued as steep mortgage rates and an ongoing housing shortage push the price of real estate even higher.

House down payments: Highest and lowest averages by city

The average down payment when buying a home in the U.S. is about $56,000 which is 24% more than a year ago.

Housing prices in these states will become 'more affordable,’ Redfin CEO says

The Fed’s handling of rate cuts will play a key role in 2024 housing affordability, but according to one expert, certain U.S. states are already seeing "good" signs.

Officials' assurances over water safety at Jacob Riis Houses doesn't ease residents' concerns

People living at the Jacob Riis Houses on the Lower East Side are still raising concerns about the safety of their water, despite a recent video by Mayor Eric Adams showing him drinking the water and insisting it was fine.

NYC opens first pet-friendly homeless shelter in the Bronx

New York City has opened its first pet-friendly homeless shelter, meaning that people in need of shelter will no longer have to give up their pets to find a place to stay.

NYC rent-stabilized tenants face 6.5% increase in preliminary vote: What to know

Although the vote is a preliminary step in the process, records show that the final votes usually reflect the ranges proposed beforehand, leaving residents on edge.

Queensbridge Houses residents complain over squalid living conditions

A family living in the Queensbridge Houses in Long Island City say they have been afraid to use their kitchen for almost a year because of ongoing issues that have not been fixed, including mold, bad smells and vermin.

Average long-term US mortgage rate hovers near 7%

The average 30-year fixed loan was 7.08% this week, according to Bankrate’s latest survey of large lenders. Here’s what a monthly mortgage payment at the current rate would look like.

Baltimore sells $1 houses in effort to combat vacant home crisis

Baltimore, Maryland, city officials approved a program that would sell city-owned vacant homes for next to nothing at $1 for some applicable residents. 

Who is Daniel Ohebshalom? NYC's 'worst landlord'

Ohebshalom also known as Johnathan Santana (legally) has topped the list and set the record for the most number of violations— twice. He's now doing time at Rikers.