Airbnb limits some new reservations in NYC as new short-term rental laws take hold

Officials and housing advocates pushing for the new rules say they're necessary to protect the city’s housing stock and to stop apartments from becoming de facto hotels.

The US housing market may be trapped in a prolonged freeze

Fannie Mae economists predicted in a revised forecast that the U.S. housing market faces a prolonged downturn due to high mortgage rates and limited supply.

Thousands of NYC's rent-stabilized apartments sat empty, IBO report says

Rent-stabilized apartments are highly sought after in New York City. But more than 13,000 such apartments sat vacant for at least two years between 2021 and 2022.

Adams: NYC will give some migrants 60 days notice to leave shelter system

New York City Mayor Eric Adams says the city will start giving adult asylum seekers in the city’s shelter system 60 days notice to find somewhere else to live.

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.

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.

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.

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.

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.

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.

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.

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.