New York City’s Innovative Approach to Alleviate Housing Crisis: Small-Scale Solutions
In a bold move to tackle the daunting housing crisis in New York City, the local government is experimenting with a micro-solution approach. This innovative strategy involves incentivizing homeowners to convert spaces like garages and attics into rentable apartments. On Tuesday, city officials unveiled a new program that allocates up to $400,000 each to 15…
The Bronx Housing Market Struggles as Inventory Reaches New Lows
In March, The Bronx saw a significant decline in home sales, new listings, and overall inventory. This is based on a report by the Hudson Gateway Association of Realtors (HGAR). The report highlighted changes in single-family homes, co-ops, and condos. Let’s break down what happened and what this means for The Bronx real estate market….
Your Guide to Riding Amtrak Through New York’s Cities and Countryside (VIDEO)
Taking Amtrak through New York is one of the most comfortable and scenic ways to travel across the state. Instead of dealing with traffic or airport delays, you can sit back and watch the Hudson River, small towns, and rolling hills pass by your window. From New York City to Niagara Falls, Amtrak connects nearly…
Why Tourists Help Drive Up Home Prices in NYC
Are you fed up with tourists? Tourism does more than bring crowds and busy streets. It also helps shape the economy and the housing market. When millions of visitors come to a city like New York every year, they bring money, attention, and long-term interest. The constant flow of visitors who fall in love with…
NYC Housing Lotteries Open: Apartments Starting at Just $465 a Month
There are six housing lotteries opening in NYC. Finding an affordable place to live in New York City can feel almost impossible. With rents continuing to rise, many people are looking for other options. One program that offers hope is the city’s housing lottery. Right now, six new affordable housing lotteries are open across Manhattan,…
Why Even Six-Figure Earners Struggle to Pay Rent in New York City
Since the pandemic, rents in New York City have gone up sharply, especially in the wealthiest and most popular neighborhoods. In some areas, rents are up around 50 to 60 percent compared to just a few years ago. The sharpest jumps are in places like Greenpoint, SoHo, Tribeca, Chelsea, Dumbo, and Long Island City. What…
How New York’s Growing Population Impacts Rent Prices
New York City is the largest city in the United States, with over 8.5 million people living across Manhattan, Brooklyn, Queens, the Bronx, and Staten Island. On top of that, millions more come in every day for work or school from surrounding areas. The city has always been a magnet for newcomers, whether they are…
Why Brooklyn Heights Remains One of New York’s Most Desired Areas
Brooklyn Heights is one of New York City’s oldest neighborhoods. Known for its brownstone homes, tree-lined streets, and historic charm, it has long been a favorite place for people who want to live close to Manhattan but still enjoy a quieter lifestyle. Many of the buildings date back to the 19th century, and the area…
Why Renting Is Beating Buying in Westchester, New York
In the past several years, Westchester County has seen a boom in new apartment buildings. Cities like Yonkers, White Plains, and New Rochelle are leading the way. Yonkers approved thousands of new units in a single year, and New Rochelle wasn’t far behind. These projects aren’t just small developments—many are large complexes with hundreds of…
Rising Prices in New York: An Insight into the Real Estate Market
Rising prices are everywhere. Real estate has always been a barometer of economic vitality and financial health. At its heart is New York, a bustling hub of activity known for its iconic skyline, diverse neighborhoods, and, notably, its spiraling property costs. Recently, the city’s real estate market has witnessed a dramatic escalation in home buying…
Cash Deals Hit Record Highs in Manhattan Real Estate
In the second quarter of 2025, nearly 7 out of 10 homes in Manhattan were bought with cash. That’s the highest level seen in years. Only 31% of buyers used a mortgage. Compared to the same time last year, the share of cash deals went up by more than 20%. Experts say wealthy buyers are…
Downtown New Rochelle Faces Parking Shortage Amid Boom
In recent years, New Rochelle, a city in Westchester County, has been going through big changes. The downtown area has seen a lot of new buildings — tall apartment towers, businesses, and restaurants. These projects are part of a plan to bring new life to the city and attract more people to live and work…