September 21, 2023
PDF to full report Key takeaways: To view more data on HPA and months supply, please visit our interactive.
September 18, 2023
We’re living through one of the greatest housing crunches the U.S. has ever known. It’s resulted in record numbers of homelessness and entire generations certain they will never become homeowners, that critical milestone of the middle class. But there is a simple solution to the problem. The answer to our housing crisis is to legalize…
September 12, 2023
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August 24, 2023
New York City’s Independent Budget Office this week reported that some 13,000 rent-regulated apartments in the city have been vacant for more than two years — fueling the charge that owners are deliberately “warehousing” apartments to pressure legislators to ease limits on rent increases. A group called the End Apartment Warehousing Coalition, comprising 22 tenant organizations, supports…
August 23, 2023
As New York City gives over soccer fields and recreation centers to housing for a wave of migrants, and Gov. Hochul feuds with Mayor Adams, one public housing resident on the Lower East Side has a better way. The New York Times reports that Camille Napoleon “has hosted as many as 12 migrants at a time in…
August 13, 2023
We knew Big Apple public housing is in dangerously bad shape—but it turns out it’s twice as bad as we thought. New York City Housing Authority officials just revealed the $40 billion estimated in 2017 for the new roofs, pipes and boilers the aging projects need has ballooned to $78 billion. Yet a state plan billed…
August 5, 2023
Perhaps cowed by tenant protests, the Rent Guidelines Board has backed off rent increases of as much as 16% (for two-year leases) for the city’s 900,000-plus rent-regulated apartments. That property owners should be limited to modest hikes (2.5% for one-year leases), even as their costs of fuel, taxes and repairs go up, ignores the fact that inflation…
July 30, 2023
No New York pedestrian would disagree with Eric Adam’s characterization of the city’s ubiquitous sidewalk sheds at stalled construction sites as “ugly little green boxes.” But his targeting of private buildings owners with $10,000 a month fines for scaffolding that stays up for more than 90 days without building repairs proceeding also suggests selective prosecution. …
July 25, 2023
Earlier this month, an Oklahoma judge ruled that the City of Tulsa cannot be held legally or financially responsible for the actions of the violent mob that burned down the city’s Greenwood section, known as the Black Wall Street, in 1921. Three survivors of that murderous riot will not, it appears, receive compensation. Despite their disappointment, the…
July 21, 2023
PDF to full report Key takeaways: To view more data on HPA and months supply, please visit our interactive.