Feb. 19, 2025 By Ethan Marshall With cities across the United States increasingly turning vacant office buildings into residential spaces, the New York metropolitan area has emerged as the nation’s leader in office-to-apartment conversions in 2025, according to a report by the real estate listing site RentCafe. The New York metropolitan area has 8,310…
Feb. 18, 2025 By Ethan Marshall Being single in New York City isn’t just emotionally expensive—it’s financially draining too. A new study has found that renters who live alone are paying a staggering $20,100 more per year than those who split a home with a partner or roommate, making the so-called “singles tax” in…
Nov. 7, 2024 By Ethan Marshall After the average rent for roommates in New York City spiked in the aftermath of the COVID-19 pandemic, a report by the roommate-finding site SpareRoom indicated prices began to stabilize during the third quarter of 2024, reaching $1,540. After hitting its peak average roommate rent of $1,625 during the second quarter…
Sep. 24, 2024 By Ethan Marshall New York City has launched a housing lottery for three units at 18-15 Linden St. in Ridgewood. This 5-story building yields a total of nine residences, with six being at market rate. The other three residences have been set aside for those earning 130% of the area median…