Lawmakers mull action on evictions as rent relief expansion stalls
With just three weeks left before federal funds dry up and eviction moratoriums run out, details of New York’s...
Rental Market
The Latest
Tenants sign leases in record numbers but rents stay down
Renters were out in force in Manhattan and Brooklyn again last month, as rents continued to slide and concessions...
National
Landlords jarred by sudden drop in rent collection
Market-rate apartment owners just reported the lowest rental payment rate since April. In its monthly survey, the National Multifamily...
Cuomo to ease requirements for rent relief
The eligibility requirements for New York’s rent-relief program will be relaxed so that more can access the funds. Details of the specific changes to the program were not provided, but sources said Gov. Andrew...
Landlords lose challenge against pandemic renter protections
A group of New York landlords are considering an appeal after a federal judge rejected their bid to challenge...
National Archive
“Casino Loyale”: Developers, ex-LA deputy mayor indicted in Huizar corruption scandal
Real estate developers and a former Los Angeles deputy mayor have been charged in the two-year-long corruption case centered around ex-L.A. City Council member...
Tenant group sees opportunity in multifamily foreclosures: report
Distressed debt fund managers aren’t the only ones smelling opportunity from a coming foreclosure crisis. A nonprofit seeking to...
New leases in Manhattan and Brooklyn surge: Elliman
Brooklyn and Manhattan prices have finally come down enough to pull renters back. It could be an early indicator...
New York’s own “squad” heads to Albany
Numerous progressive state candidates, some endorsed by the Democratic Socialists of America, will take their seats in the state...
NYC rents and inventory dipped in October
Rents across the city continued their downward spiral in October, even as the number of apartments on the market began to wane, an analysis by The Real Deal found. In Manhattan, the median rent...