NYC Rent Guidelines Board set to vote on latest increase
The proposed increase would raise some people's rent up to 6.5%. CBS New York's Christina Fan has the details.
Watch CBS News
The proposed increase would raise some people's rent up to 6.5%. CBS New York's Christina Fan has the details.
A public hearing over a proposal that could dramatically change the city's broker fee system took place at City Hall Wednesday.
New York City's rent stabilized tenants could soon be hit with a rent hike.
An agreement was reached with the National Association of Realtors to pay $418 million to a settlement fund over the course of four years. Brian Schwagerl, clinical assistant professor at the Schack Institute of Real Estate at NYU joins CBS New York to discuss.
The annual income needed to afford even a basic home in the U.S. has risen sharply since the pandemic, a new report shows.
The survey found nearly 15% of Americans have purchased a home with a person other than a romantic partner, and 48% say they would consider it.
The White House is proposing a "mortgage relief credit" that would give homebuyers an annual tax credit of $5,000 for two years.
CBS New York got an exclusive look at one of the first buildings converting to residential housing, and has learned more on how this may change the landscape of the Big Apple.
For the first time in more than 50 years, the city's vacancy rate has dropped to 1.4% So how did we get here, and what's being done about it?
StreetEasy says SoHo tops the list, followed by Tribeca and Nolita.
Many home buyer across the Tri-State Area are rejoicing, with mortgage interest rates starting to tick down a bit. But what will the upcoming New Year look like? Will it be a buyers market or a sellers market? CBS New York's John Dias has the story.
Some good news for New York City renters, a StreetEasy report says November marks the slowest year-over-year rent growth since August 2021.
Two new reports show a clearer picture of just how many New Yorkers left the state during the pandemic.
Living in the five boroughs will never be a bargain, but if you dream of being a home owner, there are some neighborhoods you might want to check out.
The state and city are committing $200 million to jumpstart the redevelopment of the 100-year-old building.
Some say they're asked for birth certificates, marriage licenses, and even high fees for access to their own homes.
We spoke with Roadway Moving President Ross Sapir for some tips on making your next move a bit less stressful.
Whether it's a 40,000-square-foot compound with an elevator in the bathroom, or a 200-sq.-ft studio with office space hidden in the closet, home is a place that holds a huge space in our psyche.
Throughout the meeting, tenants and advocates called for a rent decrease, drowning out the board with jeers.
New York City's Rent Guidelines Board is considering significant rent increases for rent-stabilized apartments.
The Rent Guidelines Board is hearing from tenants and landlords on the future of rent-stabilized apartments.
The report also found nearly 80% of households are "housing burdened," which means more than 30% of income goes toward rent.
With real estate season in full swing, we hear from CBS News Business Analyst Jill Schlesinger for a look at the current market.
The gap between renting an owning is the largest it's been in more than 15 years, an industry analysis found.
Surge in borrowing costs is pushing some buyers out of the market, while sellers face a quandary.
George Springer capitalized on two miscues to circle the bases, Trey Yesavage pitched into the seventh inning and the Blue Jays beat the bumbling Mets 2-1 on Monday night.
The anticipated pain of a massive property tax increase in Jersey City has been alleviated somewhat.
A 13-year-old boy was killed and another teenager was hurt when the moped they were on crashed into an open driver's side door in Queens on Monday afternoon.
The number of older adults using smartphones soared from 55% in 2016 to 90% now, according to the AARP. That makes senior citizens one of the fastest growing groups using digital devices.
Prosecutors described how 36-year-old Olivia Bithorn's long history of alcohol abuse allegedly led to her 18-month-old son's death.
A 13-year-old boy was killed and another teenager was hurt when the moped they were on crashed into an open driver's side door in Queens on Monday afternoon.
The number of older adults using smartphones soared from 55% in 2016 to 90% now, according to the AARP. That makes senior citizens one of the fastest growing groups using digital devices.
Prosecutors described how 36-year-old Olivia Bithorn's long history of alcohol abuse allegedly led to her 18-month-old son's death.
Archbishop Ronald Hicks is returning to New York City with a sacred souvenir from a pilgrimage to Rome.
Video shows people were dancing at a community celebration moments before a three-wheel motorcycle barreled through Commodore Barry Park.
Dangerously hot weather arrives in the New York City area starting Wednesday.
Monday's severe weather has come and gone, but that doesn't mean the system is leaving the area.
After a tranquil, warm weekend, more turbulent weather lies ahead in the New York City area.
Weather is tranquil and pleasant in the New York City area for Father's Day weekend as summer officially begins.
Dangerous heat is building across the Tri-State Area with the threat of severe storms, making Thursday and Friday First Alert Weather Days.
The anticipated pain of a massive property tax increase in Jersey City has been alleviated somewhat.
Jersey City residents are fired up and frustrated, as city leaders reconsider a proposed property tax hike that could raise bills by about 20%.
Dangerously hot weather arrives in the New York City area starting Wednesday.
Traffic will be impacted in Midtown Manhattan as the city initiates shuttle bus corridors and street closures to accommodate World Cup ticketholders.
The suspect accused of killing two teenage girls in a hit-and-run in Cranford, New Jersey, last year will be tried as an adult, officials said Friday.
Prosecutors described how 36-year-old Olivia Bithorn's long history of alcohol abuse allegedly led to her 18-month-old son's death.
A Long Island school district official is accused of trashing ballots to rig an election.
A Long Island school district official is accused of trashing ballots to rig an election. CBS News New York's Jennifer McLogan reports.
The site will continue to house a casino, but Aqueduct's move to Long Island brings a rare opportunity to the South Ozone Park community.
A young entrepreneur with Down syndrome opened his first brick-and-mortar store on Long Island after his sock company went global.
The anticipated pain of a massive property tax increase in Jersey City has been alleviated somewhat.
The city is required by law to close the entire Rikers Island jail complex by August 2027.
The Supreme Court on Monday ruled that states can count mail ballots that are cast by Election Day but arrive later, rejecting a GOP challenge to a Mississippi law.
A unanimous federal jury found that a preponderance of evidence supported Carroll's claim that Mr. Trump sexually abused her.
Jersey City residents are fired up and frustrated, as city leaders reconsider a proposed property tax hike that could raise bills by about 20%.
A federal judge has temporarily blocked the Justice Department from executing subpoenas in a criminal probe that sought transgender care records for patients treated at New York hospitals.
An off-duty EMT jumped into action at the Knicks parade Thursday when a man appeared to be suffering from an overdose.
New York broadcast giant Bill Ritter announced Friday he is stepping down from the WABC anchor desk after being diagnosed with early stage Alzheimer's.
For half a century, The Valerie Fund has been dedicated to providing care to children with cancer and blood disorders.
A New Jersey nonprofit called The Valerie Fund is celebrating 50 years of providing comprehensive care to children with cancer and blood disorders.
Legendary music executive Clive Davis was laid to rest Monday at a private funeral. Davis helped the careers of generations of artists.
The comic icon behind "Curb Your Enthusiasm" brings his own perspective to America's storied past in a new HBO sketch comedy series – finally making use of his history major from college.
Fans gathered at the Brooklyn Public Library on Thursday for limited-edition card marking 30 years of "Reasonable Doubt."
There appear to be new clues about the location of Taylor Swift and Travis Kelce's wedding.
Clive Davis helped shape the careers of music stars including Janis Joplin, Bruce Springsteen and Whitney Houston.
George Springer capitalized on two miscues to circle the bases, Trey Yesavage pitched into the seventh inning and the Blue Jays beat the bumbling Mets 2-1 on Monday night.
Jarren Duran singled home the winning run to cap a three-run rally in the 10th inning, and the Red Sox finished a four-game sweep of the rival Yankees with a 5-4 victory Sunday night.
Kyle Schwarber became the first major leaguer to reach 30 homers this season with a two-run shot in the seventh inning that sent the Phillies to a 5-4 win over the Mets on Sunday.
The New York Mets defeated the Philadelphia Phillies 6-2 on Saturday to stop their seven-game losing streak.
Jake Bennett held New York to one run in 6 1/3 innings, Masataka Yoshida hit a leadoff home run off Gerrit Cole and the Boston Red Sox beat the Yankees for the third straight day, 4-1 on Saturday.
Fans gathered at the Brooklyn Public Library on Thursday for limited-edition card marking 30 years of "Reasonable Doubt."
After learning to swim in her 40s, one school leader is helping students gain life-saving skills.
Entrepreneurs in Brooklyn are reimagining laundry day as a social experience, turning neighborhood laundromats into gathering spaces.
Experts say the team's title run created a feeling of collective joy and connection, while some local businesses are also seeing a boost from the celebration.
Knicks fans who couldn't make it to Thursday's parade still found a way to celebrate across New York in true blue-and-orange fashion.
People dressed in elaborate headgear and paraded up Fifth Avenue for New York City's Easter Sunday tradition.
The Halloween tradition strolled through Manhattan's East Village on Sunday, with furry friends dressed in colorful costumes.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
The annual Easter Parade and Easter Bonnet Festival was held in Manhattan on April 20, 2025.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The NYPD said the teen operating the bike swerved to avoid hitting the door, but lost control and collided with a truck. CBS News New York's Naveen Dhaliwal reports.
The county's new police drones can be launched to aid in medical emergencies and criminal investigations.
Video shows the boy with a suitcase getting into a car and being driven away outside the family's home in Valley Stream.
The NYPD said it was looking for a woman accused of spraying bear spray that got into the hotel's HVAC system and spread to nearly everyone. CBS News New York's Ali Bauman reports.
The Sail4th 250 gathering of warships and historic vessels could be the largest ever of its kind. On Monday, CBS News New York's Bradley Blackburn boarded one of the ships taking part.