NYC program focuses on fixing up and selling "zombie homes"
As CBS2's Lisa Rozner reports, those who stand to benefit from the initiative are potentially low- and moderate-income families.
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As CBS2's Lisa Rozner reports, those who stand to benefit from the initiative are potentially low- and moderate-income families.
With rents notoriously high in Brooklyn and Manhattan, you might think New York City is the most expensive place in the U.S. for renters, but that's not the case.
StreetEasy says 34% of available inventory is made up of apartments in which tenants could not afford new prices after the deals they received during the pandemic.
It's officially summer, and that means a lot of New Yorkers are apartment hunting. Rental prices are sky high, but there may be some hope. CBS2's Mary Calvi spoke with Casey Roberts from StreetEasy.
According to Realtor.com's April rental report, rents are on the rise in the New York City metro area, especially for studio apartments.
The New York City Rent Guidelines Board took a preliminary vote Thursday to increase rent stabilized units. CBS2's Natalie Duddridge has the details.
Thursday's vote will be followed by four public hearings before the final decision in June.
The $100 million project will eventually provide more than 2,000 affordable homes in Far Rockaway, and create jobs.
Many felt the pandemic would leave much of the office space vacant. But it turns out that's not exactly the case.
Many thought the pandemic left much of the city's commercial office space vacant. But it turns out that's not exactly the case. CBS2's Kevin Rincon reports.
Many people in New York City are feeling the squeeze on their rent. As pandemic deals end, even long-term renters are facing unheard-of increases; CBS2's Natalie Duddridge reports.
"For Sale" signs are few and far between in Westchester County. Low inventory plus high demand equals a difficult time for homebuyers.
As of July, the median home sale price in Manhattan was $1.2 million compared to $386,000 in the Bronx.
The 500 affected employees will instead work form home, from new shared workspaces in Manhattan and from offices in New Jersey and Connecticut.
Advocates say it's a big step toward ending housing discrimination against people who have served time in jail.
One realtor says those who sign away their rights to inspections move in and then might discover dangerously old plumbing, a bad roof, a faulty furnace or worse.
Though housing prices have soared in many parts of the country, and inventory is way down, real estate sales may still be stronger in 2021.
The home on Greenwood Lake in Orange County was once owned by the parents of Jeter's grandfather, before the family sold it in 1996.
Notable firms like Corcoran Group and Century 21 are accused of illegally discriminating against low-income tenants with housing vouchers.
Proponents say the cost of 3D technology construction is 50% cheaper than comparable newly constructed homes in Riverhead and 10 times faster.
Erin Hudson, real estate reporter at The Real Deal. estimates - based on public loan documents - secret apartments push vacancy rates of many buildings to 25% and higher.
The coronavirus pandemic has led to a spike in county real estate prices, as people move from the city to the suburbs.
StreetEasy says renters are no longer willing to pay the so-called "commute premium" of living in Manhattan, because so many people are working from home.
A new survey of vacancies along the 244 blocks of Broadway found 335 street-level vacant storefronts, compared to 188 in 2017.
As New Yorkers flee the city amid the coronavirus pandemic, parts of the city's real estate market are rife with empty apartments. CBS2's Jessica Moore reports the industry is dealing with nearly record low numbers of new condo and co-up sales, while renters are focusing on a new list of priorities.
David Grullon Jr. is allegedly killed a 34-year-old Connecticut man after he fired a gun and the bullet went through the wall.
New York City Comptroller Mark Levine said NYC faces a budget shortfall of $2.2 billion this fiscal year, and $10.4 billion in FY2027.
Officials are asking for help finding the person who abandoned a dog with a severe cut to its throat near a New York cemetery.
Infielder Bo Bichette and the New York Mets have agreed to a $126 million, 3-year contract, a source tells The Associated Press.
The New Jersey man convicted of driving drunk and killing four people at a Fourth of July celebration in Manhattan will spend at least 24 years in state prison.
New York City Comptroller Mark Levine said NYC faces a budget shortfall of $2.2 billion this fiscal year, and $10.4 billion in FY2027.
The New Jersey man convicted of driving drunk and killing four people at a Fourth of July celebration in Manhattan will spend at least 24 years in state prison.
Surveillance video shows the woman being dragged beneath the vehicle for several feet in Brownsville.
Negotiators for major New York City hospitals and the state nurses union returned to the bargaining table as the city's largest nurses strike enters a fifth day.
Get ready for more winter weather in the Tri-State Area because we're tracking two chances for accumulating snow this weekend.
David Grullon Jr. is allegedly killed a 34-year-old Connecticut man after he fired a gun and the bullet went through the wall.
Get ready for more winter weather in the Tri-State Area because we're tracking two chances for accumulating snow this weekend.
Two men posing as Amazon delivery workers held a Connecticut homeowner at gunpoint while robbing him and his wife, police said.
Wednesday night, things begin to change. Showers linger, and areas well north and west may pick up some light snow.
Police in Danbury, Connecticut, are actively looking for a man who they believe fired a deadly gunshot that traveled through a wall and killed his neighbor.
New Jersey officials are warning residents to be careful after a resident reported their small dog was possibly attacked by a coyote.
Get ready for more winter weather in the Tri-State Area because we're tracking two chances for accumulating snow this weekend.
A data company is finding that some Airbnb hosts in New Jersey are charging a lot for the time period around upcoming World Cup matches.
A pastor in Morristown, New Jersey, says community members are too afraid to go outside after recent ICE activity.
Jersey City Mayor Steven Fulop is reflecting on his public career as he moves to New York for his next job.
Get ready for more winter weather in the Tri-State Area because we're tracking two chances for accumulating snow this weekend.
A federal judge ruled the Empire Wind project can move forward while he considers the merits of the Trump administration's order to suspend it.
Hochul said she would commit $1.7 billion in the next budget to expand child care in New York in her 2026 state of the state address.
Wednesday night, things begin to change. Showers linger, and areas well north and west may pick up some light snow.
Three people were sentenced Tuesday for their roles in murdering and dismembering a man and a woman in Amityville in February 2024.
New York City Comptroller Mark Levine said NYC faces a budget shortfall of $2.2 billion this fiscal year, and $10.4 billion in FY2027.
Hochul said she would commit $1.7 billion in the next budget to expand child care in New York in her 2026 state of the state address.
Venezuelan opposition leader María Machado previously said she wanted to "share" the prize for removing Nicolás Maduro from power.
A panel of judges on a federal appeals court ruled Thursday that a district court judge did not have the authority to order the release of Columbia University activist Mahmoud Khalil.
An Immigration and Customs Enforcement officer shot a man Wednesday night in north Minneapolis after allegedly being attacked by men with shovels during an arrest operation, three U.S. officials told CBS News.
Negotiators for major New York City hospitals and the state nurses union returned to the bargaining table as the city's largest nurses strike enters a fifth day.
Nurses continue to hold the picket line as the largest nurses' strike in New York City history is on its third day with no end in sight.
Nurses say health care benefits and workplace safety are their main reasons for striking, and are refusing to go back to work until their demands are met.
Loved ones of patients at hospitals in New York City are concerned about care as nurses continue to strike due to failed contract negotiations on Monday.
The New York State Nurses Association said it called for the strike as negotiations stalled with the city's wealthiest hospitals.
John Forté, the Grammy-nominated musician known for his work with the Fugees, was found dead in his home in Massachusetts.
The 2026 Golden Globes honored the standouts in both film and television from last year. See the full list of winners and nominees.
Here is everything you need to know about how to watch and stream the 2026 Golden Globes.
Bob Weir wrote or co-wrote and sang lead vocals on Grateful Dead classics including "Sugar Magnolia," "One More Saturday Night" and "Mexicali Blues."
Video of an angry confrontation during intermission at a performance of "Mamma Mia!" on Broadway is going viral on social media.
Infielder Bo Bichette and the New York Mets have agreed to a $126 million, 3-year contract, a source tells The Associated Press.
Ilya Sorokin made 35 saves for his NHL-leading fifth shutout of the season as the New York Islanders edged the Edmonton Oilers 1-0 on Thursday night.
Jimmy Butler had 32 points and eight rebounds, Stephen Curry warmed up in the second half to finish with 27 points and seven assists, and the Golden State Warriors beat the New York Knicks 126-113 on Thursday night.
Authorities said the alleged scheme involved 39 players, 17 different NCAA Division I men's basketball teams and 29 games.
Negotiations are ongoing, but John Harbaugh is expected to end up coaching the New York Giants.
A group in Queens has banded together to revive landlines and give their children a simpler way to socialize.
A city-approved plan to rezone a stretch of Atlantic Avenue is expected to bring thousands of new apartments to Brooklyn, but tenant advocates say the deal falls short for lower-income residents and could accelerate displacement.
A three-year pilot run by the Brooklyn Justice Initiative and the Mayor's Office of Criminal Justice aims to improve court compliance and reduce recidivism by meeting participants where they live.
Harlem native Teyana Taylor wins her first major acting honor at the 83rd Golden Globes Awards for her performance in Paul Thomas Anderson's "One Battle After Another." Locals say it's a win for the whole neighborhood.
Legislation would protect and expand hunger programs and improve benefit security as New York pantries see rising demand.
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.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Dogs got decked out for the annual Tompkins Square Halloween Dog Parade in New York City's East Village on Saturday.
Cosplayers flooded New York City's Javits Center in October 2024 for the annual New York Comic Con convention.
John Elliott has the Tri-State Area's updated Friday afternoon First Alert Forecast on CBS News New York.
Mount Sinai representatives and NYSNA returned to the bargaining table after a week of picketing. CBS News New York's Doug Williams reports.
New York City is facing a massive budget gap in the immediate future, Comptroller Mark Levine said Friday.
It happened around 6:45 a.m. near the intersection of Pitkin and Osborn Street. CBS News New York's Hannah Kliger reports.
Dylan House, Director of Public Programs at the Brooklyn Children's Museum, talks with CBS New York's Mary Calvi about the museum's "Celebrate Martin Luther King Jr. Festival".
