New York State officials have set the stage to take action on the state’s housing crisis. On Monday, the governor announced a framework for a package of housing laws that would make it easier to build homes and curb the skyrocketing cost of living. Leaders are still hashing out details. But proponents say the package […]
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A five-minute walk to work and around $600 a month in rent was hard to pass up in 1990. Rodolfo Calica worked as a parking attendant at Maimonides Medical Center in Borough Park, Brooklyn. His wife, Queenie Calica, also began working there in the 2000s as a housekeeper. It made sense to them to move […]
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Everyone — landlords, tenants, builders and their various allies — seems to agree that a deal is desperately needed to address the worsening housing crisis in New York State. What is holding it up? There are three main factions fighting over a few key priorities, including tough new restrictions on evictions and significant tax breaks […]
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New York City is known for its pricey real estate, but some homeowners get an unexpected bargain: Property taxes on some of the fanciest, most coveted properties are often very low — at least relatively. The flip side? Renters and homeowners in lower-income neighborhoods end up carrying a lot of the burden. Take, for example, […]
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In a 115-year-old ferry terminal in New York’s financial district, an abundance of excess now exists. Walls lined with Loro Piana cashmere, Brooklyn Bridge views, a wellness center, a jazz bar — all of it can be yours for $3,900 annually (or just $2,500, if you’re under 30). Since it opened in 2021, Casa Cipriani […]
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