Housing

News 4’s Ida Siegal reports from the Upper East Side.

New Yorkers who live in rent-stabilized apartments find out if their rent is going up again. News 4’s Ida Siegal reports. 

The NYC Rent Guidelines Board voted Monday night in favor of a series of potential rent increases for New Yorkers living in the city’s one million rent-stabilized apartments. The board voted to increase rents by 2.75% on one-year leases and 5.25% on two-year leases. The board had been deciding the rates on two proposed hikes: a 2-4.5% increase on one-year…

While one expert points to signs of improvement in the housing market, others say more listings and lower interest rates won’t counteract higher home prices.

The waitlist will be open for applications until Sunday. News 4’s Andrew Siff reports. 

Starting Monday, the city is opening the waitlist for NYCHA’s Section 8 Voucher Lottery for the first time in 15 years — allowing for more people to take a chance at the city’s rent subsidy lottery, according to city officials. The waitlist will be open for applications until Sunday, the city said. Mayor Eric Adams said that last time NYCHA…

The average annual wage in New York City is no longer keeping up with the rising costs of living and monthly rent, which is squeezing out workers even in typically more lucrative careers like technology, according to a new report. Residents are constrained when searching for the limited number of rentals on the market, and soaring prices just add salt…

New York is eyeing a parcel of unused land off a Long Island airport as part of its first state-owned housing development. Gov. Kathy Hochul announced Friday that a 13-acre site at Republic Airport in East Farmingdale has been earmarked for a major redevelopment that will include affordable housing, open space and “other community amenities.” The exact number of housing…

Creditnews Research ranked the cities by the percentage of neighborhoods within reach for the typical married-couple household to buy a home.

A New York City landlord named the worst in the city by the Public Advocate’s office is at Rikers after allegedly failing to perform hundreds of court-ordered repairs on some Manhattan properties he owns.

A New York City landlord named the worst in the city by the Public Advocate’s office could now be heading to jail, after allegedly failing to perform hundreds of court-ordered repairs on some Manhattan properties he owns.

February’s 0.4% rise in consumer prices was driven largely by housing and energy costs.

The National Association of Realtors has agreed to a landmark settlement that would eliminate real estate brokers’ longstanding automatic commissions, commonly of up to 6% of the purchase price.

While mortgage rates remain elevated for potential homebuyers, factors outside borrowing costs are keeping housing unaffordable for many, experts say.

A New York City landlord named the worst in the city by the Public Advocate’s office could now be heading to jail, after allegedly failing to perform hundreds of court-ordered repairs on some Manhattan properties he owns.

Authorities believe the landlord is out of state, but plan to work with law enforcement in California to take the man into custody. News 4’s Lynda Baquero reports. 

New York City sounded the alarm this week after a report shed further light on the city’s housing crisis. The amount of available apartments across the five boroughs dropped to a low rate not seen in more than five decades, according to the NYC Housing and Vacancy Survey. The report, done on average every three or so years, found...

Here are the top 10 “hottest housing markets” for 2024. However, homebuyers should consider that “market heat” means more competition, an expert says.

Living in New York has enough challenges, made worse when your building faces a number of violations from the city, ranging from hot water outages to nonfunctioning heat units. Each year, New York City Public Advocate Jumaane Williams releases a list of the worst landlords in the city based on average open violations. This year, landlord Daniel Ohebshalom, along with…

The annual list of the worst landlords of 2023, according to the Department of Housing Preservation and Development and New York City Public Advocate Jumaane Williams, has been released.