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Staggering cost of NYC living laid bare: Average worker earned $90k in 2023 - but it still wasn t enough for them to afford an apartment on their own

An average worker in the Big Apple could afford to spend up to $2,216 per month on housing without spending over 30 percent of their annual income.

San franciscoUnited statesNew yorkYork state department of laborUs census bureau american communityNew york state departmentBig appleVacancy survey

Council Pushes for More Housing Funds As City Budget Negotiations Enter Final Weeks

The City Council is pushing for an additional $3.66 billion for affordable housing over the next five years, building on the $10.5 billion the mayor earmarked in his executive budget in April.

New yorkUnited statesNew yorkerCouncilmember justin brannanEric adamCouncilmember pierina sanchezBrendan cheneyCouncilmember sanchezBrooklyn councilmember sandyCouncil progressive caucusMembers of the council progressive caucusAyman siam officeDepartment of housingCommittee on housingCity councilVacancy survey

Can the act of being homeless in itself be a crime?

The Supreme Court is hearing a case that could have wide reverberations on the status of homeless people nationwide.

New yorkUnited statesGrants passSan franciscoEric adamsTaufiq klinkenborgLily morganBrad landerTheane evangelisBrett kavanaughHousing vacancyPass city councilSupreme courtLegal aid societyCommunity service societyNinth court

Tenant reps walk out of Rent Guidelines Board vote

NYC RGB issued a preliminary vote allowing landlords to raise rents on rent-stabilized residential units this past Tuesday.

East riverNew yorkUnited statesEast harlemNoord hollandTandy lauJimmy mcmillanJay martinEric adamsJoshua brownUs supreme courtLegal aid societyVacancy surveyUs census bureauCooper unionCommunity housing improvement program

Opinion: What the Workout of the Signature Bank Loans Can Teach About Preserving Affordable Housing

"Will the Signature buildings be viewed as a one-off, or the tip of an iceberg of a more endemic problem?"

New yorkUnited statesAdi talwara brooklynFreddie macSignature bankYork community bankHousing vacancyCommunity preservation corporationCommunity stabilization partnersFund managementDeposit insurance corporationHousing stabilityTenant protection actNew york community bankVacancy surveyNew york city

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