The economic future of New York depends on everyone coming back, not just the tourists. Too bad office workers don’t want to join them. Source: New York Times
Posts published in “Renting and Leasing (Real Estate)”
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
Discrimination Weakens Tool for Reducing N.Y. Homelessness, Lawsuit Says
By Gotham Rex on May 25, 2022
Vouchers, which help people afford rent, have long been seen as a key to solving the nation’s housing woes. But in New York City, a broken oversight system is undermining their effectiveness, advocates say. Source: New York Times
Rents May Rise as Much as 6 Percent for Some N.Y.C. Tenants
By Gotham Rex on May 6, 2022
In a preliminary vote, the Rent Guidelines Board approved the biggest increases in nearly a decade. Source: New York Times
In New York, Panel Backs Rent Increases for More Than 2 Million
By Gotham Rex on May 5, 2022
The city board that sets rents on most regulated apartments may be considering some of the highest increases in years. Source: New York Times
Looming Rent Increase of Up to 9 Percent Tests Adams’s Housing Priorities
By Gotham Rex on May 4, 2022
Some Democrats are calling proposed increases for New York City’s roughly one million rent stabilized apartments “unconscionable.” Mayor Eric Adams says he wants to support small landlords. Source: New York Times
How 2 Industries Stymied Justice for Young Lead Paint Victims
By Gotham Rex on March 29, 2022
The U.S. insurance and real estate industries have waged a decades-long campaign to avoid liability in lead cases, helping to prolong an epidemic. The cost for millions of children has been incalculable. Source: New York Times
He’s Been a Killer and a Mob Associate. Is He a Hit Man?
By Gotham Rex on March 24, 2022
George Bratsenis appears in a New Jersey court today to enter a plea in a murder-for-hire case. Source: New York Times
Treasury Shifts Cash Among States as Pandemic Housing Aid Dries Up
By Gotham Rex on March 16, 2022
The Biden administration pulled back the aid from states and counties with unspent funds and diverted it to four states pressing for more: California, New York, New Jersey and Illinois. Source: New York Times
This Price Surge Really Hits New Yorkers Hard
By Gotham Rex on March 7, 2022
Rents are spiking in the city, especially in wealthier neighborhoods, where they have gone up by 40 percent. Source: New York Times
New York’s Ban on Evictions Is Expiring. What Happens Now?
By Gotham Rex on January 14, 2022
The moratorium’s end presents Gov. Kathy Hochul with a potential challenge as she prepares to run for a full term. Source: New York Times
New York Requested $1 Billion for Pandemic Rent Relief. It's Getting Far Less.
By Gotham Rex on January 4, 2022
The gap illustrates how severe the economic crisis has been in New York, and how aid programs may be falling short. Source: New York Times
For One Rockaways Couple, Lockdown Was a Creative Windfall
By Gotham Rex on January 3, 2022
While many hoped to use the enforced isolation of quarantine creatively, the couple who started Locus of Occult actually did. Source: New York Times
In 2021, New York’s Housing Market Made a Stunning Comeback
By Gotham Rex on December 31, 2021
It’s a trend that will likely continue in 2022, as momentum shifts away from the suburbs and international travel returns — unless new Covid variants interfere. Source: New York Times
In One Queens Building, the Third Apartment Is the Charm (for Now)
By Gotham Rex on December 20, 2021
When they needed more space, and then enough room to work at home, they graduated to ever-larger apartments in the same Astoria building. But what comes next? Source: New York Times