Rental Market


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Paraag Sarva, Steve Lamberti and Joseph Strasburg (Linkedin, Getty)

Startup taps industry execs, mayors to pitch security-deposit alternative

Security-deposit alternative startup Rhino has enlisted a team of mayors and multifamily real estate players to make the case...

Startup taps industry execs, mayors to pitch security-deposit alternative
An industry group’s survey of 100,000 rent-stabilized apartments found that a quarter of tenants have yet to pay June rent (iStock)

Nearly 1 in 4 New Yorkers skipped rent in June: survey

Nearly 25 percent of New York City renters have yet to make rent payments in June, according to one...

Nearly 1 in 4 New Yorkers skipped rent in June: survey
Adam Pincus

Inside the legal strategy to topple New York’s rent law

A month after the new rent law was minted, real estate industry groups filed a federal lawsuit to dismantle...

Inside the legal strategy to topple New York’s rent law
The Rent Guidelines Board on Wednesday will consider four different proposals on what increases should be applied to stabilized apartments and lofts. (iStock)

City board to decide this week whether to freeze rents in stabilized apartments

The city’s rent board is poised to vote Wednesday on whether to freeze rents in stabilized apartments. The Rent...

City board to decide this week whether to freeze rents in stabilized apartments
One year ago, the multifamily market was upended, and the financial impact is still being assessed. (iStock)

The rent law, one year later: “No upside, no opportunity”

Exactly one year ago, New York’s real estate industry was facing a crisis. The legislature had just agreed to...

The rent law, one year later: “No upside, no opportunity”
(iStock)

Manhattan rental vacancy is highest in 14 years

It has been a while since it was this hard for landlords to fill an apartment in New York...

Manhattan rental vacancy is highest in 14 years
A new report says the virus will harm shopping malls especially (iStock)

These 25,000 retail dinosaurs will meet the meteor this year

As many as 25,000 retail stores may close this year due to the coronavirus pandemic, with a majority closing...

These 25,000 retail dinosaurs will meet the meteor this year
One survey of 11.5 million apartments shows that 80 percent of renters paid at least some rent in June. (iStock)

Nearly 80% of renters have made payments in June: report

Rent collections continue to appear stronger than initially expected despite financial stress brought on by the coronavirus. Roughly 80...

Nearly 80% of renters have made payments in June: report
Ithaca Mayor Svante Myrick (Twitter, iStock)

“Cancel rent” campaign notches first victory, in Ithaca

Ithaca’s Common Council isn’t waiting for the state legislature to cancel rent for the town’s 7,500 renters — it...

“Cancel rent” campaign notches first victory, in Ithaca
Assembly Speaker Carl Heastie (Getty)

Assembly speaker fast-tracks rent relief bill

A rent-relief bill facing an uphill battle in the Assembly’s housing committee will head to the chamber floor for...

Assembly speaker fast-tracks rent relief bill
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