Rent Hikes Slow Down in Queens and Brooklyn
New data shows that rent prices in Queens and Brooklyn aren’t rising as fast as they were before. In December 2024, the year-over-year rent increases in these two boroughs were smaller than they were in 2023. Meanwhile, Manhattan rents are actually going up faster now than they were a year ago. This shift suggests that…
City Takes Over Bronx Building After Years of Landlord Neglect
For years, people living in the building at 2201-2205 Davidson Avenue in the Bronx have had to deal with broken elevators, leaking pipes, mold, rats, and even roaches. Some had to spend their own money to fix serious problems like holes in the walls or missing hot water. The building had more than 600 open…
Westchester Firm to Purchase Affordable Housing Complexes in Hudson, NY
A Westchester-based firm that specializes in renovating apartments is reportedly in final talks to purchase two major affordable housing complexes in Hudson, New York. K & R Preservations plans to acquire the 100-unit Providence Hall and the 50-unit Schuyler Court, both of which predominantly rent to tenants using Section 8 housing vouchers, the federal program…