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The Brief: Playing the carbon markets (podcast), affordable housing in the U S , health equity, five critiques of blended finance
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New York Life s Impact Investment Initiative Commits $50 million to IMPACT Community Capital in support of affordable housing preservation
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M.K. Hhana
The pandemic was the impetus for many renters leaving NYC, opening units and dropping rents.
These nine renters took advantage of the favored market and upgraded their living spaces for less.
With free-month deals and negotiations, some are saving hundreds on bigger or newer apartments.
New York is a notoriously unaffordable city but over the past year, the sky-high rents that once characterized life in the five boroughs have crept back down to earth.
Renters who fled the city s cramped apartments, seeking more square footage and fresh air, opened the chasm of pricey rentals in need of tenants, which forced landlords to cut deals to bring in new occupants.