The latest vacancy data now mirrors pre-COVID figures following a “pandemic-height outlier,” according to New York State’s affordable housing agency. The number of empty apartments also matches the vacancy rate…
The nine-member Rent Guidelines Board (RGB) voted Tuesday to raise rents by 3.25 percent on one-year leases and by 5 percent on two-year leases, the highest increase for rent-stabilized…
Corporations exist to make profit. In the housing context, corporate landlords extract as much profit from their investments as possible. The results are rent increases, cost-cutting on building maintenance, reductions…
Los aumentos de las tarifas para el millón de apartamentos con renta estabilizada de la ciudad son menos de lo que los propietarios han exigido, citando el incremento de los…
“Two years into the pandemic, the city is moving ahead with a return to ‘normal,’ but the pre-pandemic real estate market’s ‘normal’ is not something to which we should aspire…
The rate increases are lower than property owners have pushed for, citing rising costs. But tenants and housing advocates who’ve called for a rent freeze say the hike will worsen…
