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 ...

The sky-high rent can be blamed on extremely high demand to live in the city coupled with low inventory. A recent study found that New York City approved less new housing per resident than any ...

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 ...

NEW YORK-- The New York City Council voted Tuesday that New Yorkers in rent-stabilized apartments will maintain certain protections. In a 42-2 vote, City Council passed a continuation of the New ...

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 (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 ...