Judge rules against Elizabeth Street garden, clearing way for affordable housing development
A state appellate court has unanimously ruled that the city can build an affordable housing development on the land the garden sits on.
A state appellate court has unanimously ruled that the city can build an affordable housing development on the land the garden sits on.
Mayor Adams vetoes City Council housing voucher bills
New York City Mayor Eric Adams has announced he is vetoing four City Council bills intended to give more assistance to homeless people and address the city's affordable housing crisis, setting the stage for a showdown between the Mayor and the Council.
New York City Mayor Eric Adams has announced he is vetoing four City Council bills intended to give more assistance to homeless people and address the city's affordable housing crisis, setting the stage for a showdown between the Mayor and the Council.
NYC rent increase approved for rent-stabilized apartments: What to know
Millions of New Yorkers living in rent stabilized apartments will now have to dish out more money each month.
Millions of New Yorkers living in rent stabilized apartments will now have to dish out more money each month.
NYCHA unveils $1.5B plan to rebuild Elliott-Chelsea and Fulton Houses in Manhattan
The Chelsea-Elliott Houses and the Fulton Houses, on Manhattan's West side, will be torn down and rebuilt.
The Chelsea-Elliott Houses and the Fulton Houses, on Manhattan's West side, will be torn down and rebuilt.
Roommate or risk? Experts caution against online connections in NYC
Experts suggest thinking twice before moving in with an online roommate in New York City.
Experts suggest thinking twice before moving in with an online roommate in New York City.
What is NYC's most affordable neighborhood for recent college grads?
The median rent in the city now stands at a staggering $3,700 a month, but if you're a savvy apartmenthunter, you can find a new place to live that won't break the bank.
The median rent in the city now stands at a staggering $3,700 a month, but if you're a savvy apartmenthunter, you can find a new place to live that won't break the bank.
NY legislative session nearing end with fate of several bills still unknown
With 48 hours to go, the fate of bills on affordable housing, a bill to allow New York City to lower its speed limit, or a bill to change the name of the Mario Cuomo Bridge back to Tappan Zee are unknown.
With 48 hours to go, the fate of bills on affordable housing, a bill to allow New York City to lower its speed limit, or a bill to change the name of the Mario Cuomo Bridge back to Tappan Zee are unknown.
Low-income tenants rally against rent increases at NYC rent board hearing
During a preliminary vote last month, the Rent Guidelines Board considered raising rents between 2% and 5% for one-year leases, and between 4% and 7% for two-year leases.
During a preliminary vote last month, the Rent Guidelines Board considered raising rents between 2% and 5% for one-year leases, and between 4% and 7% for two-year leases.
Renters get some relief as rent burdens plummet, but low-income families still struggle: new report
Renters in the U.S. are experiencing some relief from rental burdens, according to a new report by Moody’s Analytics. The number of metros experiencing higher rent burdens dropped 91% from last quarter.
Renters in the U.S. are experiencing some relief from rental burdens, according to a new report by Moody’s Analytics. The number of metros experiencing higher rent burdens dropped 91% from last quarter.
Spring homebuyers to continue facing inventory woes
New home listings dropped 21.3% year over year nationwide.
New home listings dropped 21.3% year over year nationwide.
NYC Rent Guidelines Board passes preliminary vote on rent increases
In a preliminary vote, the Rent Guidelines Board approved potential rent adjustments for one-year and two-year leases in New York City.
In a preliminary vote, the Rent Guidelines Board approved potential rent adjustments for one-year and two-year leases in New York City.
NYC's Rent Guidelines Board hears testimonies amid impending rent hike vote
Rallies and debates triggered by possible rent hikes across New York City have garnered an emotional response from New Yorkers hoping to keep their head above water with their monthly housing expenses.
Rallies and debates triggered by possible rent hikes across New York City have garnered an emotional response from New Yorkers hoping to keep their head above water with their monthly housing expenses.
NYC rent-stabilized apartments could see rent increase of up to 16%
The Rent Guidelines Board is considering potential increases to rent in the city's roughly 1 million rent-stabilized apartments. Those increases could be as much as 16%, the highest increase in decades.
The Rent Guidelines Board is considering potential increases to rent in the city's roughly 1 million rent-stabilized apartments. Those increases could be as much as 16%, the highest increase in decades.
New Yorkers must earn this much to live like they make $100K
With the average monthly rent for a one-bedroom apartment now a staggering $4,100, you might be shocked to see how much money a New Yorker needs to earn to take home the equivalent of $100,000.
With the average monthly rent for a one-bedroom apartment now a staggering $4,100, you might be shocked to see how much money a New Yorker needs to earn to take home the equivalent of $100,000.
SALT Deductibility Act aims to bring relief to high-tax NYC homeowners
Homeowners in high tax states like New York may soon be able to breathe a sigh of relief as legislation has been filed in Congress to lift the cap placed on the State and Local Tax deductions known as SALT.
Homeowners in high tax states like New York may soon be able to breathe a sigh of relief as legislation has been filed in Congress to lift the cap placed on the State and Local Tax deductions known as SALT.
East Village residents rally against 'corporate takeover' of apartments
Residents say a private equity firm Meadow Partners bought the buildings on East 11th and 12th streets and is aggressively displacing long-term tenants and hiking up rents.
Residents say a private equity firm Meadow Partners bought the buildings on East 11th and 12th streets and is aggressively displacing long-term tenants and hiking up rents.
Upper West Side safe haven shelter plan draws pushback from community
The city's decision to open a safe haven homeless shelter near an elementary school on the Upper West Side is drawing pushback from neighbors, but also some support.
The city's decision to open a safe haven homeless shelter near an elementary school on the Upper West Side is drawing pushback from neighbors, but also some support.
Gov. Hochul joins GDNY: Bail reform, affordable housing and more
Bail reform, affordable housing and more: Gov. Kathy Hochul joined Good Day New York to discuss a variety of topics.
Bail reform, affordable housing and more: Gov. Kathy Hochul joined Good Day New York to discuss a variety of topics.
Mayor Adams' 'cubicles to condos' plan still needs lawmakers' approval
The city is looking to convert some of its 136 million square feet of empty office space into condos, but the effort still needs approval from lawmakers in Albany to go forward.
The city is looking to convert some of its 136 million square feet of empty office space into condos, but the effort still needs approval from lawmakers in Albany to go forward.
Number of millionaire renters in NYC jumps 171% in just five years
According to a new study from the website RentCafe, the number of people who make more than $1M in household income who choose to rent instead of buy has shot up by 171% in just the last five years.
According to a new study from the website RentCafe, the number of people who make more than $1M in household income who choose to rent instead of buy has shot up by 171% in just the last five years.