Rent board approves increases of 3 to 4.5 percent for rent-stabilized units

By a vote of 54 the Rent Guidelines Board last night approved increases up to 3 percent for oneyear leases and up to 45 percent on twoyear leases … impacts New York Citys nearly one million rentstabilized apartments and applies to new leases and renewals …

By Celia Young |July 1, 2025 - 9:30AM
New York state budget greenlights more condo conversions, new housing vouchers, but no down payment assistance

… Some New York City renters could gain a path to buying their … under legislation passed in the whopping $254 billion New York state budget last month The budget lowers the … or wouldbebuyers that would need to agree to convert some newer large apartment buildings from rental to condo Its one …

By Celia Young |May 22, 2025 - 10:30AM
Mayor Adams is bringing the tax lien sale back. Here’s how to get your property off the list

… If youre an owner who has fallen behind on your bills for property taxes water sewer or for emergency repairs or … on the list to act before their liens are sold Warning notices are sent in the mail 90 60 30 and 10 days before the … lien sale operates … The sale process involves the City of New York pooling eligible liens and transferring ownership …

By Jennifer White Karp |May 16, 2025 - 9:30AM