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Spencer Platt/Getty A decision Tuesday could change rent-stabilized units drastically. This would be an unprecedented development for NYC Mayor Bill De Blasio’s administration. Building owners are proposing rent increases. One million New Yorkers who live in rent-stabilized housing may be facing rent hikes of an unprecedented scale under Mayor Bill de Blasio’s administration thus far. […]
Manhattan rents fell year-over-year by the most in nearly seven years in March, according to a report from Douglas Elliman Real Estate. This happened even though landlords continue to offer several concessions to get new leases. Manhattan landlords seem to be running out of tricks. They’re aggressively offering a month of free rent and other […]
Ross Kinnaird/Getty Jordan Spieth rents two houses at The Masters, one for relaxing with family and friends and one for when he needs to focus or sleep. It appears that most other golfers only rent one house. Spieth followed this strategy in 2015 when he went on to win The Masters. Jordan Spieth has a […]
Laurin/Shutterstock One way to create affordable housing is by taxing more expensive new homes. Los Angeles is trying to solve its housing crisis with a linkage fee, one of numerous additional costs that drive up the price of housing. The solution looks at housing from each extreme level of cost, but others can not get […]
Sarah Jacobs/Business Insider Rents in North Brooklyn are falling more than a year before the L train is set to shut down between Brooklyn and Manhattan, according to StreetEasy. That creates a bargain for people who are willing to make the trade-off for a longer commute. Sales prices aren’t falling. But it’s taking longer for […]
Sarah Jacobs/Business Insider Rents in North Brooklyn are falling more than a year before the L train is set to shutdown between Manhattan and Brooklyn, according to Streeteasy. That creates a bargain for people who are willing to make the trade-off for a longer commute. Sales prices aren’t falling. But it’s taking longer for houses […]
Shutterstock Renters in America spent a record amount of money on housing in 2017. They paid $ 485.6 billion to landlords, about 1% more than they did in 2016, according to Zillow. This was the slowest pace in recent years because more renters transitioned into homeownership. But tight supply and strong demand from buyers are […]
Getty/Ari Perilstein Many retailers are closing stores, but luxury still seems to be thriving. Cushman & Wakefield has crunched the numbers to find the most expensive streets shopping streets in America. These shopping areas have thrived despite the retail apocalypse. If there’s a retail apocalypse going on, nobody told the stores on 5th Avenue. […]
Flickr/ajgelado InterNations recently released its 2017 list of best cities for living and working abroad. City rankings are based on survey responses from nearly 8,000 people in 40 countries. For each city, we also compiled cost of living estimates from Numbeo’s database. If you’re thinking about living abroad, the best people to ask for […]
The international charity Oxfam rented out President Trump’s childhood home in Queens, New York, letting four refugees stay for a weekend. The publicity stunt comes as the Trump administration’s temporary travel and refugee bans are about to expire. The action was intended to put pressure on Trump, and other world leaders attending the UN General […]
