Summit Properties USA is set to take over a roughly 5,200-unit New York City apartment portfolio after no other bids emerged at a bankruptcy auction Thursday to beat its $451.3M offer. The sale, which ...

NEW YORK CITY (PIX11) — The Rent Transparency Act, which took effect in January, is intended to make it easier for prospective renters to know when a building has rent stabilized apartments, but how ...

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Editor’s note: The above video aired in a previous newscast. NEW YORK CITY (PIX11) — The new year will ring in a host of new laws in New York City, one of which will make it easier for apartment ...

After her husband died in 1996, Brunnie Lebron—now age 71—picked up her two daughters and moved into the third floor of a prewar building near West Harlem, right off St. Nicholas Avenue. The ...

Ashlyn is one of Forbes Home's in-house writers and a former civil engineer-turned content writer with over six years experience. Until recently, Ashlyn focused on creating content for Forbes Home as ...

Benevel Management has purchased three rent-stabilized properties in the Bronx for $54 million, indicating that the real estate industry still has at least some appetite for the asset class despite ...

U.S. stocks have already clawed back their losses from last week — and it is only Wednesday. Yet, as Fawad Razaqzada, a market analyst at StoneX, pointed out in commentary shared with MarketWatch this ...

Soaring insurance costs and other financial pressures are hitting affordable housing hard — and it comes amid Mayor-elect Zohran Mamdani’s proposal to freeze rents for stabilized units. A report from ...

The Fujinon Techno-Stabi TS-L 1640 binoculars' built-in image stabilization makes high magnification wobbles a thing of the past. They are the perfect companion for scanning constellations and easy ...

Some three million New Yorkers live in apartments with rent levels set by the market. They would not benefit from Mr. Mamdani’s rent freeze. By Mihir Zaveri The main thrust of Zohran Mamdani’s housing ...