renting

Single-family apartments in the Williamsburg neighborhood in New York (USA)
Roommates + Landlords
What is a rent-impairing violation for a NYC apartment?
By Celia Young |January 3, 2025 - 1:30PM
Aerial view of NYC looking downtown
Sell
2025 NYC real estate forecast: Buyers and sellers tango, renters hold their breath

… law could lead to higher rents The FARE Act introduced by City Council member Chi Ossé requires owners to pay their brokers … rate will spend most of the year in the sixes with a shortlived spike above 7 percent but never getting below 6 …

By Jennifer White Karp |January 2, 2025 - 12:30PM
Supporters of the FARE Act gather at a rally at the steps of City Hall before the Nov. 13th vote, where the act passed with 42 council members in favor.
The Search
REBNY sues to block new NYC broker fee law
By Celia Young |December 17, 2024 - 10:45AM
Chi Ossé at the rally at the steps of City Hall before the Nov. 13th vote on the broker fee bill.
The Search
NYC broker fee bill becomes law without Adams’s signature

… fee once this new law takes effect in June 2025 Council member Chi Ossé who introduced the law said in a statement … City Council and passed with a vetoproof majority of 42 members in favor on Nov 13th At a rally before the vote Ossé … may sue to block the laws implementation REBNY President James Whelan vowed to pursue all options to fight the …

By Celia Young |December 16, 2024 - 3:00PM
Manhattan looking south toward the Freedom Tower
The Market
For the second month in a row, NYC median rents rise
By Jennifer White Karp |December 12, 2024 - 9:30AM
A street view of apartment buildings with the Empire State Building in the background at the High Line
The Market
New law requires NY landlords to notify tenants of bed bugs within 72 hours
By Celia Young |November 26, 2024 - 2:30PM
New York City Council Member Sandy Nurse speaks at the Nov. 12th hearing.
Neighborhood Intel
City Council debates bills requiring AC in apartments, allowing more short-term rentals, and expanding anti-harassment protections
By Celia Young |November 19, 2024 - 2:30PM
A rendering of the six-story building at the corner of White Plains Road and Penfield Street. 
Affordable Housing
Senior housing lottery launches for 50 rent-stabilized apartments in Wakefield
By Celia Young |November 19, 2024 - 12:30PM
Chi Ossé on the steps of the New York City Council ahead of an afternoon vote on his FARE Act.
The Search
Broker fee bill passes with strong support in NYC Council vote

… vote this afternoon The FARE Act introduced by City Council member Chi Ossé eliminates a major financial hurdle for many … Yorkers came out in support of the bill including Council member Keith Powers who previously tried and failed to … prioritizing ideology over economic and practical reality James Whelan president of the Real Estate Board of New York …

By Celia Young |November 13, 2024 - 3:30PM
A ray of sunlight hits the red brick facade with blue windows of apartment buildings in New York
The Search
CityFHEPS housing voucher program ‘plagued with problems,’ audit says
By Celia Young |November 6, 2024 - 12:30PM