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We’ve spilled a lot of ink on the many Democrats running for mayor, but don’t forget there’s a Republican primary next month too. Candidates Fernando Mateo and Curtis Sliwa met (virtually) last night for their first official debate, and
Despite Deep Rent Cuts, Essential Workers Are Mostly Left Out
The pandemic has led to deep discounts in New York’s rental market, but the city is still unaffordable for many of the city’s most vital workers
Even though median rents in New York City have dropped by as much as 15 percent during the pandemic, most essential workers still have trouble finding affordable homes.Credit.Brittainy Newman/The New York Times
Feb. 17, 2021
Two things have been true since the pandemic flattened New York’s rental market last March: prices have fallen sharply, but not for the people who need relief most.
Median rents in N.Y.C. have dropped, but thatâs not helping essential workers.
Rental prices in New York City have dropped, but the biggest cuts are mostly in Manhattan, not in cheaper neighborhoods in Brooklyn and Queens where many essential workers live.Credit.Tom Sibley for The New York Times
Feb. 17, 2021
Two things have been true since the pandemic flattened New Yorkâs rental market last March: Prices have fallen sharply, but not for the people who need relief most.
Now a new report shows how little those price cuts have helped the more than a million New Yorkers the city calls essential workers.