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NEW YORK, NY - JANUARY 21: The Empire State building and the skyline of Manhattan is viewed from one of the top floors of the newly built Four Seasons private residences at 30 Park Place on January 21, 2015 in New York City. The building, which was built by Silverstein Properties, Inc. and designed by Robert A.M. Stern Architects, will be the tallest residential tower in downtown Manhattan when complete. An event to celebrate the final pour of structural concrete on the 82nd floor of the 926-foot tall building brought dozens of employees from both firms along with construction workers and members of the real estate community. (Photo by Spencer Platt/Getty Images)
The Empire State building and the skyline of Manhattan on January 21, 2015 in New York City. (Photo by Spencer Platt/Getty Images)
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NYC passes sweeping plan to create more affordable housing

Many of New York City's residential neighborhoods will feature denser and taller development as part of a sweeping housing plan that will mandate the construction of more affordable housing and rewrite the city's decades-old zoning to enable more residential development.

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Nuns Face Eviction
Sister Mary Benedicte, left, serves food at the Fraternite Notre Dame Mary of Nazareth Soup Kitchen in San Francisco, Tuesday, Feb. 9, 2016. (AP Photo/Jeff Chiu)
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Nuns who help homeless face eviction in costly San Francisco

The sisters of Fraternite Notre Dame's Mary of Nazareth House said Tuesday that they can't afford a monthly rent increase of more than 50 percent, from $3,465 to $5,500, and they have asked their landlord for more time to find a cheaper place to serve the poor.

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Rental prices
Scott Olson, Getty Images
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US home rental prices rise again in June

U.S. home rental prices climbed much faster than incomes in June. But there are signs of slowing momentum around major job hubs such as New York, Los Angeles and Washington.

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High Rents
FILE - In this Feb. 3, 2015 file photo, a luxury rental building rises high above other buildings in the East Harlem section of New York. (AP Photo/Seth Wenig, File)
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Renters appear more satisfied in many pricey US cities

High rents are worth it.

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NJ apartment
Dino Flammia, Townsquare Media NJ
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Renting in NJ more costly than most states, study finds

Affording a modest apartment's rent is harder in New Jersey than in most other states.

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Category: New Jersey News, News Tags: ,
Unaffordable Rents
This Friday, Feb. 27, 2015, photo shows a sign advertising a house for rent in Los Angeles. (AP Photo/Richard Vogel)
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More Americans spending at least half their pay on housing

The surging cost of rental housing has squeezed a rising proportion of U.S. families since the Great Recession struck in 2007.

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Rental prices
Scott Olson, Getty Images
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Rents rise in US overall but dip in Chicago and Minneapolis

U.S. home rental prices rose at a steady rate in January, but prices barely budged or even dipped in parts of the Midwest and Mid-Atlantic.

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Vacancy Rate For U.S. Apartments Reaches Highest Rate In 20 Years
Justin Sullivan, Getty Images
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Growing Demand for Apartments Pushing Up Rents

These are good times for U.S. landlords. For many tenants, not so much.

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Category: Money & Business Tags: ,
Apartment building
Apartment building (Flickr User Jon Parise)
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NJ Apartment Demand Boosts Rent Costs [AUDIO]

Rents will continue to go up in 2014 thanks to high demand for apartments throughout New Jersey.

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Category: New Jersey News, News Tags: , ,

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