The Latest. New York State is planning to pay landlords who rent out single room occupancy units, commonly known as S.R.O.s, in an attempt to fight homelessness by slowing the decades-long decline ...

New York City’s rent control laws were first enacted in the 1940s, during World War II, as part of the Emergency Price Control Act. Their long-term effects became visible by the late 1960s and 1970s, ...

As of Q3 2024, the average roommate rent in New York City is $1,540 per month. The cheapest borough is the Bronx, at $1,134, followed by Queens ($1,254), Brooklyn ($1,499), and Manhattan ($1,891 ...

Rent stabilized dwellings, include apartments, lofts, hotels and single room occupancies. ALSO READ: Debate emerges over whether Eric Adams should resign as mayor of New York City * Get Eyewitness ...

The city has received more than 72,000 migrants since last spring, with more than 45,000 living in 160 taxpayer-funded emergency shelters and hotels, the New York Post reported. Last week, the ...

Today, New York’s rent control laws effectively force landlords to re-rent apartments indefinitely, with tenants enjoying near-absolute security of tenure. Evicting someone—regardless of whether they ...

New York City doesn’t have enough homes. The average New Yorker now spends 34 percent of pre-tax income on rent, up from just 20 percent in 1965.

They need more room at the inn. New York City’s use of hotels as emergency shelters to ... The overall costs to house migrants per night is $352 — including $130 to hotels for the room rental.

NEW YORK (WABC) -- Beginning October 1, the cost of rent is going up for a large number of New Yorkers. One million rent-stabilized apartments will see rate hikes. Under the increases approved by ...