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 … a state ban on pricefixing software that sets rents for landlordswhich Hochul pitched in January Read on for how the … bidding on a single or twofamily home but nonprofits land banks and community land trusts are exempt Funding for deed …

By Celia Young |May 22, 2025 - 10:30AM
Zohran Mamdani wants more union-built housing and to expand rent stabilization in NYC

… member Zohran Mamdani has ambitious plans for building 200000 new housing units in New York City For current NYC tenants he wants to make the city more effective at … manager  Whitney Tilson Mamdani wants to build 200000 new rentstabilized apartments over the next 10 years grow the …

By Celia Young |March 3, 2025 - 3:30PM
Brad Lander pitches homesharing and co-ownership for city workers to ease the housing crisis

… New York City Comptroller Brad Lander bought an apartment with his wife in … part of the city and to connect small property owners with renters through an Airbnbstyle platform Read on to learn … of habitability and good conditions and repairsI would appoint people who want to keep rents as low as possible and …

By Celia Young |February 24, 2025 - 3:30PM
My NYC landlord charges $75 if the rent is three days late. Is that OK?

… for your landlord to charge you any late fee unless your rent is more than five days late under state law Late fees are capped at $50 or 5 percent of your monthly rent whatever is less and can only be imposed after five … Protection Act a landmark series of rent reforms passed in 2019 Editors Note Realty Bites tackles your NYC rental …

By Celia Young |February 19, 2025 - 3:30PM
How I won a two-bedroom apartment for $3,500 through NYC’s housing lottery

… in Clinton Hill Her new place is $3500 per monththe same rent they paid for a previous one bedroom that was half the … ago but it didnt work out because my thenpartner and I werent living together That also showed me it was possible to … is 886 square feet and $3500 per month which is the same rent we paid for the one bedroom We split the rent evenly …

By Celia Young |February 17, 2025 - 3:00PM