New York City Rent Squeeze Continues: Median Prices Up Across Manhattan, Brooklyn, and Queens Amid High Mortgage Rates
New York City rents continue to increase in November, with Manhattan median reaching $4,200 and higher demand in Brooklyn and northwest Queens. High mortgage rates drive more into rentals, potentially influenced by future economic policies.
Luxury Real Estate Tycoons Tal and Oren Alexander, From High-End Properties to Federal Sex Trafficking Charges
Real estate brothers Tal and Oren Alexander, along with Alon Alexander, are arrested on federal sex trafficking charges involving drugging and assaulting dozens of women.
NYC Restaurateurs Zhan Petrosyants and Marianna Shahmuradyan Face Lawsuit Over $122K in Unpaid Rent at Trump World Tower
The article discusses a lawsuit for unpaid rent against Zhan Petrosyants and Marianna Shahmuradyan of New York, and separate claims of insurance fraud involving an associate of Mayor Eric Adams.
New York City Transforms 165 Acres of Contaminated Land into Vital Community Spaces Including Affordable Housing and Schools
NYC has remediated 165 acres, leading to 28,000 new housing units and other developments, with Mayor Adams praising the environmental progress and impact on housing and education.
New York City Council Considers Bill to Ease Restrictions on Short-Term Rentals, Clashing with Hotel Industry and Advocacy Groups
NYC Council is considering a bill that would allow short-term rentals for one- and two-family homes, sparking debate between homeowners and the hotel industry.
SL Green Cements Midtown Presence With Major Leases Near Grand Central Terminal
SL Green Realty inks a ten-year lease renewal with Travelers Insurance for 123,000 sq ft near Grand Central and signs Alvarez & Marsal to a 15-year lease at 100 Park Avenue.
New York City Unveils 'City of Yes' Plan to Tackle Housing Crisis with 80,000 New Homes Over 15 Years
NYC celebrated the passage of the "City of Yes for Housing Opportunity," aiming to create 80,000 new homes and invest $5 billion in housing and infrastructure.
New York City Introduces Annual Parapet Inspection Mandate to Enhance Building Safety by 2024
NYC mandates annual parapet inspections for building safety, with compliance required by December 31, 2024. The rule exempts one- or two-family homes and buildings with barriers.
Bronx Tenants Battle Unsafe Living Conditions, Landlords Face Legal Action Over Neglect and Collapse Aftermath
Bronx residents face hazardous living conditions, with one building lacking heat and elevator service, and another suffering from a collapse and looting, leading tenants to sue landlords over longstanding neglect and safety issues.
Iconic Manhattan Helmsley Building Faces Foreclosure Amid Real Estate Challenges
The Helmsley Building in Manhattan faces foreclosure due to financial issues and a valuation drop, despite RXR Realty's efforts and potential for residential conversion.
East Harlem Tenants File Suit Against Landlord, Accusing Emerald Equities of Withholding Security Deposits Amid Building Issues
Nearly 5,000 New Yorkers filed complaints against landlords for withholding security deposits, prompting a collective lawsuit by East Harlem tenants against Emerald Equities.
Staten Island Residents on Edge Over Future of Former St. John's University Campus Amid Housing Rumors
Residents of Grymes Hill are concerned about the potential housing development on the former St. John's University campus, despite the school's denial of such plans.
New York City Introduces More Affordable Housing Options with Rents Starting Under $1,000
Housing Connect lists affordable apartments in NYC, with rents under $1,000, featuring options in Queens and a Madison Avenue high-rise with a housing lottery.












