New York City|News|
NYC Board Revotes To Lower Rent Hikes On 2-Year Apartment Leases
That final vote on rent increase is expected to be held at the end of June.

That final vote on rent increase is expected to be held at the end of June.

How to find the right home that works for you and why an experienced Realtor can be the difference maker

The project at 5 Times Square will also include 313 permanently affordable homes for New Yorkers, officials said.
The first public hearing on the proposed rent increases will be held on May 22 in Manhattan.
Housing Justice for Young People Aging out of Foster Care in NYC details 5-year plan to provide 800 new homes for youth exiting foster care
The combined penthouse, takes up the tower’s top four levels, spanning 11,480 square feet.
Brooklyn had six neighborhoods on the top 10 list of locations for buyers.
February's median rental price in Manhattan beat a previous record reached in the summer of 2023.
Last year, HPD issued 24 percent more violations than they did in 2023.
High-end commercial towers drive a post-pandemic recovery for the nation’s leading business district.
Six of the top 10 neighborhoods are in Brooklyn, three in Queens, with just one in Manhattan.
Over 22 percent of rentals across the city offered at least one month of free rent as concessions in December — the highest since July 2021.
The selection of the developer in a bidding process that launched last September marks a major turning point for a national landmark.
City Council is expected to vote Wednesday on a bill designed to eliminate broker fees. Two Manhattan reps could play a pivotal role.
Mayor Eric Adams says he’ll weigh what to do about the measure. Real estate industry launches campaign warning of unintended consequences.
This home offers 11 large rooms, 4 bedrooms, 3 full baths and a powder room and is 6/10's of a mile to the Train Station and sits on .27 acr
On Oct. 1, one million rent-stabilized apartments will see price increases.
This exquisite home offers grand living with over 6,000 square feet of meticulously designed space! Luxury Living at it's Best!
Abandon all hope, ye who enter here.
Mayor Eric Adams promises to deliver 500,000 new homes by 2032. A new executive order could leverage city-owned land to make it happen.
“We expect registrations will continue to increase in time as building owners respond to the Notices of Delinquency.”
The lottery for the Hudson Yards building ends on Oct. 9.
Annual Awards Event Benefits Fordham’s ‘Building Futures’ Scholarship Fund
Apartments were once drying up in the city, but not anymore, according to StreetEasy. (They're still ridiculously expensive, however.)
Manhattan's median rent hit a scorching $4,250, and it's not even summer yet.
Single New Yorkers need to make at least $65 an hour to make ends pleasantly meet, according to a ConsumerAffairs study.
The hikes for rent-stabilized leases preliminarily approved by the Rent Guidelines Board aren't final, but will shape a coming debate.
Rent is up 20 percent over the past year, and 50 percent since pre-COVID, a new study found.
The rent is so high, even a decline still puts it at record-breaking levels.
Renters face increasing financial hardships while landlord incomes have risen, according to back-to-back Rent Guidelines Board studies.
Is it time to move across the Hudson into a 6 bedroom, 3/1 bath home with a generous yard and less than a mile to Mid-Town Direct Trains?
During the Gilded Age of architecture, wealth was often on display in opulent mansions rowhouses of industrialists and politicians.
The rent has never been higher for a February across three boroughs, according to a new study.
The decline is the first since 2022, and signals a competitive spring scramble for apartments, according to a new StreetEasy study.
Once a Caldor discount department store, the building now houses a basement food court where stalls sell dumplings, noodles, and more.
Here's a hint: Pete Davidson.
Manhattan ranks 187th out of 189 cities for how far a paycheck stretches after rent, among other depressing findings from a new study.
So much for January's falling rent. (Granted, it was still more than $4,000.)
OneKey® MLS Reports Single-family, Closed Median Sale Price of $649,000
January's eviction numbers were nearly identical to those in January 2020, right before the COVID pandemic struck, according to data.