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An average worker in the Big Apple could afford to spend up to $2,216 per month on housing without spending over 30 percent of their annual income.
The City Council is pushing for an additional $3.66 billion for affordable housing over the next five years, building on the $10.5 billion the mayor earmarked in his executive budget in April.
The Supreme Court is hearing a case that could have wide reverberations on the status of homeless people nationwide.
NYC RGB issued a preliminary vote allowing landlords to raise rents on rent-stabilized residential units this past Tuesday.
"Will the Signature buildings be viewed as a one-off, or the tip of an iceberg of a more endemic problem?"