Buyers, sellers and renters are in for more twists and turns, as soaring mortgage rates and stubborn inflation signal belt tightening ahead. Source: New York Times
Posts published in “Renting and Leasing (Real Estate)”
New York City May Ban Tenant Criminal Background Checks
The city could join New Jersey, Seattle and San Francisco in curtailing the ability of landlords to vet applicants’ criminal histories. Source: New York Times
Why the Rent Is So High
New York City faces a housing crisis that’s making it harder for middle- and low-income people to live here. Source: New York Times
One Woman’s Life in Subsidized Housing, and Her Campaign to Fix It
At the Holmes Towers on the Upper East Side, La Keesha Taylor has formed a coalition to keep the elevators running, the heat working and the rodents at bay. Source: New York Times
Airbnb Operator Sued by New York City in Fight Over Short-Term Rentals
A building near the East River in Manhattan was the site of one of the biggest illegal rental operations in the city in the past year, a lawsuit said. Source: New York Times
Papaya King, a Hot Dog Pioneer on the Upper East Side, Faces a Possible End
The original Papaya King created the city’s signature combo of franks and tropical fruit juices. But a demolition plan could finish its decades-long reign. Source: New York Times
In Buffalo, New Apartments Sprout Up in Vacant Warehouses
A decade-long effort to transform industrial relics is showing signs of progress and expanding the city’s population for the first time in 70 years. Source: New York Times
The Wild History of the Real ‘Only Murders’ Building
Viewers of the Hulu series know it as the Arconia, but the Upper West Side building has a name — and a dramatic story — of its own. Source: New York Times
In Bronx Housing Court, Tenants Fight to Stay in Their Homes
Since New York’s eviction moratorium ended in January, tenants and their landlords are returning to housing court. Source: New York Times
Understanding Rent Regulation in N.Y.C.
Rent-stabilized apartments in the city are due to have their largest rent increase in almost a decade. Source: New York Times
Rent Board Votes for 3.25% Increase on One-Year Leases
Two million New Yorkers who live in rent-stabilized apartments will be affected by increases approved at a raucous meeting of the Rent Guidelines Board. Source: New York Times
Rents Will Rise by at Least 3.25 Percent for 2 Million New Yorkers
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
Adams Announces Plan to Fix New York City’s Growing Housing Crisis
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
Their Solution to the Housing Crisis? Living With Strangers.
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
N.Y.C. Companies Are Opening Offices Where Their Workers Live: Brooklyn
As workers return to the office, some companies have relocated to ease the commute. Source: New York Times