Tag: Rent

NYC renters face skyrocketing ‘singles tax’ as solo living gets pricier: report

single

Feb. 18, 2025 By Ethan Marshall Being single in New York City isn’t just emotionally expensive—it’s financially draining too. A new study has found that renters who live alone are paying a staggering $20,100 more per year than those who split a home with a partner or roommate, making the so-called “singles tax” in…

Outpost Club: The affordable housing solution for renters in NYC looking for flexibility

Outpost Club

Feb. 12, 2025 By Ethan Marshall The real estate and management platform Outpost Club offers various programs and benefits to help people find and better afford rentals across New York City. Outpost Club helps to provide furnished housing for prospective renters. They also put a lot of effort into screening potential tenants in order…

Queens mayoral candidates Ramos and Mamdani pledge rent freeze for stabilized apartments at housing forum

Each of the seven mayoral candidates at Saturday's forum. Photo: Alex Chan

Dec. 11. 2024 By Shane O’Brien State Sen. Jessica Ramos and Assembly Member Zohran Mamdani committed to freezing rents for millions of New Yorkers living in rent-stabilized apartments at a Mayoral Forum on Housing on Saturday. Ramos and Mamdani, the two Queens-based candidates in the 2025 mayoral race, joined fellow candidates, including former Assembly Member… Read more »

US Supreme Court declines to hear challenges to NY rent stabilization law

An apartment building on Shore Road in Bay Ridge, Brooklyn.

Nov. 12, 2024 By Ben Brachfeld The US Supreme Court has declined to hear two challenges to New York’s rent stabilization law, keeping in place a system regulating rents for roughly a million apartments despite landlords attempting to overturn it. The high court in Washington declined to grant certiorari to two landlords’ challenges, G-Max Management…

Queens rent continues year-over-year rise in October 2024: report

queens

Nov. 12, 2024 By Ethan Marshall Housing units in Queens had the average cost of rent go up 3.28% in October 2024, compared to the same month the previous year, according to a report by the real estate firm M.N.S. Real Estate. Year-over-year, the average rent in Queens rose from $2,803 in October 2023…

Average roommate rent in NYC hold steady in third quarter of 2024: report

roommate

Nov. 7, 2024 By Ethan Marshall After the average rent for roommates in New York City spiked in the aftermath of the COVID-19 pandemic, a report by the roommate-finding site SpareRoom indicated prices began to stabilize during the third quarter of 2024, reaching $1,540. After hitting its peak average roommate rent of $1,625 during the second quarter…

High rents in NYC led to less demand for units in June 2024: report

demand

Jul. 23, 2024 By Ethan Marshall The median asking price for rent in New York City rose in June 2024 compared to the same time the previous year, contributing heavily to less demand for rentals, according to a report by the real estate listing site StreetEasy. Year-over-year, the median asking rent in New York…