Rents grew seven times faster than wages in NYC last year

… The rent is still too damn high and its growing faster than wages can keep up … a lower rent increase at renewal time You can figure out what your neighbors are paying so you know if an increase is

By Celia Young |May 8, 2024 - 11:30AM
3 legal battles could spell big changes for property taxes and housing vouchers in NYC

… New York Citys property tax system could see significant changes thanks to a ruling … than on condos and coops in wealthier neighborhoods Gothamist reported  The decision could herald a new tax policy for … of another legal battle a March 13 settlement would make renters whose housing vouchers were incorrectly terminated …

By Celia Young |March 20, 2024 - 1:20PM
Rents hit record February high in Manhattan and Brooklyn

… buyers to purchase an apartment rather than rent says Jonathan Miller president of appraisal firm Miller Samuel and author of the report  The rental market …

By Celia Young |March 19, 2024 - 9:24AM