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In 1920, New York adopted the Emergency Rent Laws, which effectively charged the courts of New York State with their administration. [ 19 ] [ 20 ] [ 21 ] The rent laws were the result of a series of widespread rent strikes in New York City from 1918 to 1920 that had been sparked by a World War 1 housing shortage, and the subsequent land ...
The New York State Division of Housing and Community Renewal (DHCR) is an agency of the New York state government [1] responsible for administering housing and community development programs to promote affordable housing, community revitalization, and economic growth. Its primary functions include supervising rent regulations through the State ...
Skyline Tower, previously known as Court Square City View Tower, is a residential skyscraper in the Long Island City neighborhood of Queens in New York City. [ 1 ] [ 2 ] The building topped out in October 2019, surpassing One Court Square to become the tallest building in Queens at 762 feet (232 m). [ 3 ]
Zumper’s National Rent Index hit another record high in July — with the median monthly price for a newly listed one-bedroom apartment climbing to $1,450, up 11% from a year ago.
The decision comes after the City of New York's Rent Guidelines Board voted last week to increase rents for rent-stabilized apartments by 2.75% for one-year leases and 5.25% for two-year leases.
The new development consists of 958 rental apartments, 288 of which are affordable. [ 5 ] [ 8 ] Amenities include an outdoor pool, a 20,000-square-foot (1,900 m 2 ) gym, a private library for residents, co-working space, a children's playroom and a demonstration kitchen.
The red-hot rental market in the U.S. is showing signs of cooling. Prices are still up from this time last year, but August 2022 was the first time the market experienced a single-digit growth in ...
HPD is currently in the midst of New York City Mayor Bill de Blasio's Housing New York initiative to create and preserve 300,000 units of affordable housing by 2026. By the end of 2021, the City of New York financed more than 200,000 affordable homes since 2014, breaking the all-time record previously set by former Mayor Ed Koch. [3]