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.
An East Harlem community came together on Christmas Eve to remember a woman killed early Tuesday morning in a chain-reaction garbage truck crash involving fallen scaffolding.
The Justice Department said the process of releasing the Epstein files may take "a few more weeks" due to the volume of materials.
It's practically the plot to "Home Alone." A quick-thinking 12-year-old boy in Medford stopped a burglar who broke into his home, police said.
We've issued a First Alert Weather Day for Friday evening into Saturday morning due to snow.
NORAD, the North American Aerospace Defense Command, tracks Santa's Christmas Eve flight around the world each year. Follow a live map of the tracker here.
An East Harlem community came together on Christmas Eve to remember a woman killed early Tuesday morning in a chain-reaction garbage truck crash involving fallen scaffolding.
It's practically the plot to "Home Alone." A quick-thinking 12-year-old boy in Medford stopped a burglar who broke into his home, police said.
We've issued a First Alert Weather Day for Friday evening into Saturday morning due to snow.
A federal judge has given a green light to New York's so-called Green Light Law, rejecting the Trump administration's bid to stop the state from giving people driver's licenses without having them prove they're in the country legally.
Christmas Eve Mass is being held throughout the day at St. Patrick's Cathedral Wednesday.
We've issued a First Alert Weather Day for Friday evening into Saturday morning due to snow.
It's a First Alert Weather Day as a mixture of snow and rain move through the Tri-State Area Tuesday morning.
We have issued a First Alert Weather Day Tuesday as travel could be impacted due to slick roads, especially north and west of the city.
Snow and rain will return to the New York City area before Christmas. Parts of the Tri-State Area have winter weather advisories.
Today is a First Alert Weather Day as heavy rain and 50-60 mph wind gusts cause coastal flooding, downed trees and power outages.
We've issued a First Alert Weather Day for Friday evening into Saturday morning due to snow.
Leaders in Paterson, N.J., are pushing back against Director of National Intelligence Tulsi Gabbard's remarks suggesting the city is working to impose Islamic law.
Saint Cecilia Roman Catholic Church in South Brunswick, New Jersey, was ransacked in a desperate act for quick cash, police say.
It's a First Alert Weather Day as a mixture of snow and rain move through the Tri-State Area Tuesday morning.
Totowa Police Chief Carmen Veneziano appeared in a Massachusetts court and denied allegations he assaulted his girlfriend at a hotel.
It's practically the plot to "Home Alone." A quick-thinking 12-year-old boy in Medford stopped a burglar who broke into his home, police said.
We've issued a First Alert Weather Day for Friday evening into Saturday morning due to snow.
CBS News New York went inside ICE operations on Long Island for a rare view of how, where and why arrests are made.
It's a First Alert Weather Day as a mixture of snow and rain move through the Tri-State Area Tuesday morning.
We have issued a First Alert Weather Day Tuesday as travel could be impacted due to slick roads, especially north and west of the city.
The Justice Department said the process of releasing the Epstein files may take "a few more weeks" due to the volume of materials.
A federal judge has given a green light to New York's so-called Green Light Law, rejecting the Trump administration's bid to stop the state from giving people driver's licenses without having them prove they're in the country legally.
Leaders in Paterson, N.J., are pushing back against Director of National Intelligence Tulsi Gabbard's remarks suggesting the city is working to impose Islamic law.
Mayor-elect Zohran Mamdani named Lillian Bonsignore as the next FDNY commissioner at a Tuesday afternoon news conference.
George Conway, a conservative lawyer turned vocal critic of President Trump, has filed paperwork for a bid to represent New York City in the House.
A spike in measles cases in Rockland County has New York health officials urging families to get vaccinated.
Researchers on Long Island say they've found physical evidence of PTSD in World Trade Center first responders.
In New York, cases of flu, RSV and COVID have spiked since Thanksgiving.
There are at least 500 sudden and unexpected deaths in the city each year, and in roughly a fifth of those cases, a genetic cause can be detected.
UnitedHealthcare and NewYork-Presbyterian have roughly two weeks to reach an agreement or thousands of Medicare Advantage members could be forced to find care elsewhere.
The singer said an MRI showed a cancerous spot on one of his lungs after he recovered from a lengthy bout of bronchitis.
Comedian and actor Bowen Yang performed his final sketch on "SNL" Saturday night, after announcing his unexpected mid-season exit from the show.
A judge Friday voided the conviction of one of the two men found guilty of the 2002 killing of Run-D.M.C. star Jam Master Jay.
The special features interviews with Kathy Bates, Annette Bening, Albert Brooks, Michael Douglas, Kiefer Sutherland, Jerry O'Connell and Mandy Patinkin.
Jake and Romy Reiner released a statement on Wednesday, remembering their parents, Rob Reiner and Michele Singer Reiner, as their best friends.
Adam Pelech scored the tiebreaking goal late in the third period, and the New York Islanders beat the New Jersey Devils 2-1 on Tuesday night.
Taylor Raddysh and Alexis Lafreniere scored 68 seconds apart in a five-goal third period for the New York Rangers in a 7-3 win over the Washington Capitals on Tuesday.
Anthony Edwards scored 38 points to help the Minnesota Timberwolves beat former teammate Karl-Anthony Towns for the first time and hold off the New York Knicks 115-104.
Michael Porter Jr. scored 28 points, as the Brooklyn Nets beat the Philadelphia 76ers 114-106.
The Mets jettisoned another core player Monday, trading second baseman Jeff McNeil to the Athletics for minor league right-hander Yordan Rodriguez.
NYC says center-running bus lanes will speed up commutes and improve safety on one of Brooklyn's busiest corridors, but critics aren't so sure.
Nine Brooklyn Football Club partner bars are collecting shelf-stable food and winter coats to benefit 10 local schools.
The Davis Center in Harlem is now open for its first winter season after technical delays.
After losing his mother to a stroke in 2022, a Brownsville native is turning personal grief into a grassroots foundation, offering counseling and mentorship to children and young adults.
A Brooklyn startup and a national nonprofit are teaming up to turn everyday mail lockers into easy donation hubs, delivering thousands of toys to hospital rooms this holiday season.
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.
CBS News New York's Craig Allen is tracking the storm, which is expected to move into the area during the early evening on Friday.
The boy said he heard noises downstairs and then jumped out a window and called police, who later arrested a 53-year-old man. CBS News New York's Carolyn Gusoff has the story from Medford.
CBS News New York's Dave Carlin takes the pulse of hopeful New Yorkers as they rush to get their tickets before Wednesday night's drawing.
Meanwhile, Democrats in Congress say they're planning legal action if the remaining files aren't released in the coming days. CBS News New York's Erica Brown reports.
The 75-year-old was out collecting bottles on Tuesday morning when tragedy struck, police said. CBS News New York's Lisa Rozner reports.
