Tag: rent
The rent is too damn high in New York City, and the data confirms it. The New York Times analyzed a survey by the Census Bureau and reported that for the past three years, rent has soared at a rate higher than inflation — with no signs of slowing down. From the Times: In a […]
When facing accusations of potentially illegal activity from New York City officials in January, Airbnb defended itself by arguing that a majority of users rent apartments on occasion. The roomsharing service didn’t present any data at the time, but now community activist Murray Cox has scraped data from Airbnb’s site and put together an interactive […]
New York is experiencing the largest wave of new condo development since 2006. The city needs condos. They have to need them right? They’re everywhere! Even though no one is living in the luxury apartments, demand is high. In Manhattan, you have record-setting skyscrapers going up to house the super-rich. In Brooklyn, you have countless […]
Once in a while, a gem pops up on NYC Reddit that makes years we’ve spent living in windowless basement shitholes and shanty dorms seem a little better, for this is an amazingly bad and pompously pitched set-up right here. Let Joseph Morgan give you a tour of this “Luxury Midtown East” apartment and it’s twelve bunk beds […]
Marolda Properties is being subpoenaed by the Division of Housing’s Tenant Protection Unit for repeated “abusive behavior” targeting Asian-American and Chinese-speaking tenants. The company recently purchased several large buildings in aggressively gentrifying Chinatown and according to the Daily News, their landlord is trying to force tenants out of rent-controlled apartments by “withholding basic services, refusing to renew leases as required by law and starting baseless eviction […]
Trump Village Apartments in Brighton Beach and Coney Island were built in 1964 by Fred C. Trump, father of real estate magnate and known asshole Donald “Fuckface Von Clownstick” Trump. They offer “modest rents” and even a few rent-regulated apartments, according to the Brooklyn Eagle. Recently, building owners Trump One started moving the tenants to “a submetering system for electrical usage” […]
There are several swanky residential high-rises coming to Downtown Brooklyn. The developers of these luxury buildings need to fill a community board preference quota. There are roughly 1,000 affordable rent housing units planned for the neighborhood around BAM. These developers are now claiming that they can’t fill their quotas because there are not enough “qualifying” locals, DNAinfo […]
As part of an ongoing annual tradition in the city, thousands of tenants are typically let down en masse when the Rent Guidelines Board approves a dramatic rent hike. But this year, in an extremely rare move, there will only be a 1 percent increase on one-year leases and a 2.75 percent increase on two-year leases for rent […]
According to the U.S. Department of Housing and Urban Development , you can afford to live somewhere when the rent is 30 percent or less of your income. That is, if you make $40,000 a year and your rent is more than $1000, you can’t afford your apartment. As you might imagine, there are lots […]
Look at that. That minimalist Dan Flavin knew what he was doing, am I right? Sure, his signature sculptural fluorescent light installations looked good at the Dia or, say, at the Wissenschaftspark Rheinelbe in Gelsenkirchen, Germany, but don’t they look hot in a SoHo loft? Fellow famous minimalist Donald Judd lived here and you can now rent the renovated loft from […]
