Tag: Renting and Leasing (Real Estate)

Who’s to Blame When Algorithms Discriminate?

When the Fair Housing Act was passed in 1968, the injustice it aimed to root out in the housing market was often egregious: Real estate agents steered black families away from white neighborhoods; landlords refused to rent to them; and property managers’ racism was plainly stated in apartment listings. The culprits were clear and their […]

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When You Give Your House Keys to a Stranger

One Saturday afternoon in late May, I puzzled over my toilet seat, attempting to decipher the strange Hieroglyphics someone had drawn onto the porcelain surface using Sharpie marker. Or maybe waterproof mascara? Weeks earlier, my husband and I had listed our home for rent through a broker. We live in Cape May, a quaint Victorian […]

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A Gentler Way to Gentrify?

Don’t call the real estate development company Venn a developer. Its founders prefer “neighboring start-up.” And don’t call the company’s tenants, who are scattered across 20 buildings in the quickly gentrifying Brooklyn neighborhood of Bushwick, renters. They are “members” or “Venners.” “We describe ourselves as a new way of living,” said Or Bokobza, the chief […]

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WeWork Takes Key Step Toward I.P.O., Citing Heady Growth and Huge Losses

WeWork, a real estate firm that leases shared office space, on Wednesday officially set in motion the process of becoming a publicly traded company by filing a financial prospectus with regulators. The offering by the company, which is led by a brash Israeli entrepreneur and backed by money from Saudi Arabia, will be a major […]

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A Broadway Performer Finds His Spot in Harlem

When Jawan M. Jackson learned he had landed an ensemble role in “Motown: The Musical” on Broadway in December 2012, he knew he wanted to live in Harlem. Mr. Jackson, a Detroit native, had stayed with a friend there when he came to the city for his callback audition. “It immediately felt comfortable,” he said. […]

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Struggling Barneys Considers Its Options, Including Bankruptcy

When Barneys NY opened the elegant revolving doors of its 10-story French limestone flagship store at 660 Madison Avenue in 1993, it established a retail landmark that soon came to be synonymous with a certain kind of New York style. Shoppers thronged as much to imbibe the atmosphere of insider luxury as to buy the […]

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Airbnb, Under Attack in New Jersey, Seeks a New Ally: Voters

[What you need to know to start the day: Get New York Today in your inbox.] JERSEY CITY — One of the most popular lodging choices for visitors to Manhattan is not actually in New York City. Just across the Hudson River in New Jersey, Airbnb and other home-sharing sites are booming, attracting travelers seeking […]

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Landlords Strike Back, Suing to Dismantle Rent-Regulation System

Two real estate trade groups and seven landlords filed a federal lawsuit on Monday night aimed not just at opposing the new rent laws in New York City, but also at challenging the entire rent-regulation system, which dictates the rents of about 2.4 million tenants who live in nearly 1 million rent-stabilized apartments. They are […]

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Counting Down to a Green New York

New York’s ambitious plan to fight climate change by virtually eliminating greenhouse gas emissions by 2050 is underway — and the battle begins at home. Two-thirds of the city’s planet-warming pollution is produced by buildings, primarily residential ones, according to a 2017 inventory. In spite of recent efforts, impeded in part by years of intense […]

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In Berlin, Socialism Is Suddenly Hot Again

BERLIN — Is this city, the former capital of communist East Germany, returning to socialism, this time in both parts of the once divided city? From the tenor of the increasingly anxious debate around Berlin’s housing crisis, it certainly seems so: On June 14, activists handed the Berlin Senate a petition with 77,000 signatures calling […]

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A New Approach on Housing Affordability

A growing number of Americans are struggling to cope with the high and rising cost of rental housing in the United States. On any given night last year, more than half a million Americans were homeless. Nearly 11 million households managed to keep a roof over their heads only by spending more than 50 percent […]

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When a Great Apartment Plays Cupid

In New York, where apartments tend to be small and good ones hard to come by, real estate often plays an outsize role in romance, speeding along some relationships and straining others as couples juggle the stages of courtship with lease terms and the lure of cheaper rent. At least, it did for Helga Traxler […]

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Live in a Regulated Apartment? New York City Just Decided Your Rent

[What you need to know to start the day: Get New York Today in your inbox.] It is a decades-old tradition: A nine-member city board meets once a year in a packed auditorium in Lower Manhattan before a raucous crowd of hundreds of tenants and landlords. Tensions flare. Protesters are sometimes arrested. And the board’s […]

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He’s in Charge of Housing for 11,000 Minnesotans. Can He Handle 400,000 New Yorkers?

[What you need to know to start the day: Get New York Today in your inbox.] One chairman resigned in 2008 a few months after a 5-year-old boy fell 10 stories to his death trying to escape a stalled elevator in a Brooklyn housing project. Another chairman resigned in 2013 following reports of mismanagement and […]

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A Plan to Mine the Minnesota Wilderness Hit a Dead End. Then Trump Became President.

ELY, Minn. — In the waning months of the Obama administration, a Chilean conglomerate was losing a fight with the United States government over a copper mine that it wanted to build near a pristine wilderness area in Minnesota. The election of President Trump, with his business-friendly bent, turned out to be a game-changer for […]

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Congrats (or Condolences) on Your New Job: Running the Housing Authority

[What you need to know to start the day: Get New York Today in your inbox.] One chairman resigned in 2008 a few months after a 5-year-old boy fell 10 stories to his death trying to escape a stalled elevator in a Brooklyn housing project. Another chairman resigned in 2013 following reports of mismanagement and […]

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How New Rent Laws in N.Y. Help All Tenants

[What you need to know to start the day: Get New York Today in your inbox.] The bulk of the landmark changes to New York’s rent laws last week was aimed at strengthening protections for the 2.4 million people who live in New York City’s rent-regulated apartments, or almost half of the city’s tenants. But […]

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Landlords Oppose Trump Plan to Evict Undocumented Immigrants

WASHINGTON — Landlords and local officials across the country say a White House proposal to eject undocumented immigrants from subsidized housing would displace some of their most reliable tenants and add major financial strains to an already cash-strapped system. Officials with the Department of Housing and Urban Development, prodded by hard-liners like Stephen Miller, President […]

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Rent Laws’ Impact: Tenant Paradise or Return of the ‘Bronx Is Burning’?

[What you need to know to start the day: Get New York Today in your inbox.] When a neighborhood landlord named Stephanie Kirnon learned about the far-reaching changes to New York’s rent laws, she grew anxious: How would she afford the $29,000 in repairs to the leaky roof of the 26-unit apartment building she owns […]

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New Rent Laws Pass in N.Y.: ‘The Pendulum Is Swinging’ Against Landlords

[What you need to know to start the day: Get New York Today in your inbox.] ALBANY — New York lawmakers on Friday passed a sweeping package of rent laws designed to dramatically enhance tenant protections and reshape the state’s housing landscape, after a monthslong battle that galvanized tenant activists and dealt a blow to […]

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