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Rent growth slows, but problem remains. Asking rents grew by 2.4% from $3,500 a year ago, a substantial slowdown compared to prior years. New York City rents experienced an annual double-digit ...
Into the 1950s, a severe housing shortage prompted the first deregulation of rental units. In New York City, apartments in single and two-family homes became deregulated after April 1, 1953. Cities and towns outside New York City were given permission to deregulate when ready.
Travelers planning to visit New York City may find it harder to book an Airbnb.. The city will begin enforcing its Short-Term Rental Registration Law on Sept. 5, requiring short-term rental hosts ...
William A. Moses, the founder of the Community Housing Improvement Program, a trade association that represents the owners of over 4,000 apartment buildings in New York City, said in 1983 that rent control was "the principal reason for neighborhood deterioration" and that at least 300,000 apartment units would have been built in New York City ...
A 2023 survey by New York City government estimated a total of "230,200 units that were vacant but not available" [9] within the five boroughs of the city. The NYC Housing Authority counted 330,118 residents in 161,585 apartments within the public housing system in 2023. [ 10 ]
WASHINGTON (Reuters) -The U.S. Supreme Court declined on Tuesday to hear a bid by landlord groups to challenge rent stabilization laws in New York City that cap rent hikes and … People 3 months ago
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