With landlords facing higher costs for property maintenance, a rent regulation panel approved some of the largest increases for rent-stabilized units in nearly a decade. Source: New York Times
Posts published in “Real Estate and Housing (Residential)”
Homes for Sale in New Jersey and on Long Island
By Gotham Rex on June 16, 2022
This week’s available properties are a four-bedroom, Victorian-era house in Maywood, N.J., and a four-bedroom Colonial in Cold Spring Harbor, N.Y. Source: New York Times
Chappaqua, N.Y.: A Westchester Hamlet That’s ‘Not Cookie-Cutter’
By Gotham Rex on June 15, 2022
Those looking for a home outside the city praise Chappaqua for its variety of housing and small-town feel. Source: New York Times
Happy the Elephant Doesn’t Have Human Rights, Court Finds
By Gotham Rex on June 15, 2022
Animal advocates had argued that the longtime resident of the Bronx Zoo was imprisoned. Source: New York Times
Adams Announces Plan to Fix New York City’s Growing Housing Crisis
By Gotham Rex on June 14, 2022
Mayor Eric Adams laid out a blueprint to increase homeownership, reduce street homelessness and improve public housing. But housing groups say his budget, $1 billion short of what he had promised, will not be enough. Source: New York Times
Not Just a Fence: The Story of a Stainless Steel Status Symbol
By Gotham Rex on June 12, 2022
Like the white picket fence, the stainless steel fence — prevalent in New York neighborhoods densely populated by Asian homeowners — evokes a sense of making it, but it’s flashier. Source: New York Times
Homes for Sale in Connecticut and Westchester
By Gotham Rex on June 9, 2022
This week’s available properties are a five-bedroom home in Fairfield, Conn., and a five-bedroom house in Hastings-on-Hudson, N.Y. Source: New York Times
Lawrence D. Ackman, a Cityscape’s Financier, Dies at 83
By Gotham Rex on June 8, 2022
A behind-the-scenes power in New York, he helped the city’s leading developers fulfill their skyscraping ambitions. Source: New York Times
Easton, Pa.: A Gritty River Town Being Transformed
By Gotham Rex on June 8, 2022
For more than a decade, this historic city has been a refuge for those who want more real estate for their money, along with lower property taxes. Source: New York Times
Their Solution to the Housing Crisis? Living With Strangers.
By Gotham Rex on June 1, 2022
Thrown together by New York City’s brutal housing market, these roommates find a way to get by — even in close quarters. Source: New York Times
New Haven, Conn.: More Than Just Academics and Mozzarella
By Gotham Rex on June 1, 2022
After decades of crime, the city is ‘coming up’ — with the cuisine and culture of a major metropolis, but the laid-back vibe of a smaller place. Source: New York Times
From Gun Laws to Abortion, 5 Issues for N.Y. Legislators as Session Ends
By Gotham Rex on May 31, 2022
A move to raise the minimum age to buy AR-15-style weapons is among several hot-button issues still to be resolved in Albany before the session ends. Source: New York Times
How Do You Find an Apartment in N.Y.C. These Days?
By Gotham Rex on May 28, 2022
Apartment hunting in the city has never been easy, but now the search has become seemingly impossible as prices soar. Readers told us about their pandemic housing struggles — and eventual successes. Source: New York Times
New York’s Most Generous Tax Break Could Bite the Dust
By Gotham Rex on May 27, 2022
The State Legislature is unlikely to renew the 421a subsidy, which for decades has benefited nearly every large residential real estate project in the city. Source: New York Times
N.Y.C.’s 421a Tax Break for Housing Development Will Likely Expire
By Gotham Rex on May 26, 2022
The subsidy, known as 421a, has been used in nearly every big residential project over its 51-year history. It costs the city $1.77 billion annually in lost tax revenue. Source: New York Times