Manhattan rent soars to record $5,000 a month
According to a report, a one-bedroom reached a record average of $5,058 in June, and it went up even more in July.
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According to a report, a one-bedroom reached a record average of $5,058 in June, and it went up even more in July.
It is expected that rents will climb even further in August.
Senators debated amendments to the economic bill, which contains many of President Biden's climate, energy, health and tax goals.
More New Yorkers have been working from home and keeping it casual, hurting the bottom line.
As of June, it's the most expensive U.S. city, with an average rent of $5,500.
This is for customers enrolled in the Energy Affordability Program.
Even the least expensive items at bodegas and shops around New York City are getting hit.
The report found, on average, rentals that were listed in 2020 or 2021 and re-listed in Q2 of 2022 showed a 20.4% increase in asking rents per year.
Tech companies are expected to announce their second quarter reports, as the Federal Reserve considers raising interest rates again.
The nationwide average for a gallon of regular plunged to $4.36 per gallon.
A total of $7,500 in free gas went out to residents.
AAA says the national average for a gallon of regular is $4.41, down from its high of $5.01 on June 14.
As inflation puts the squeeze on, some people are looking for creative ways to boost their income.
An ACC representative says the top reasons pets are surrendered include financial issues and housing issues.
The newest figures are raising some serious concerns about our economy.
Data from the Labor Department shows consumer prices rose 9.1 percent from a year ago, the fastest pace since 1981.
Many owners say they are making drastic changes to how they operate or closing down for good.
Bill Pantano says he can't evict the tenant because of the state's Emergency Rental Assistance Program, even though the eviction moratorium expired months ago.
The state's Department of Community Affairs is now accepting pre-applications online through July 22.
The average price at the pump is down 24 cents over the past month, but it's $1.66 higher than it was one year ago.
The former will rise 3.25 percent and the latter will go up 5 percent, following 5-4 vote Tuesday night.
Move comes in an effort to put the breaks on rising costs, but it means loans and credit cards will cost more.
President Biden is now calling on oil refineries to increase supply and to worry less about high profits.
Markets tried to shake off Monday's massive losses. On Tuesday, the S&P 500 fell yet again.
According to AAA, the entire Tri-State Area is seeing record high prices so far this weekend.
A celebration of life was held Saturday for Akai Gurley, who was shot and killed by a New York City police officer 10 years ago.
The New York Islanders beat the St. Louis Blues on Saturday night to end a three-game skid.
Tomas Tatar had a goal and an assist and the New Jersey Devils beat the Washington Capitals on Saturday night.
The CBS News New York First Alert Weather Team is watching for the potential of a storm that may disrupt travel plans in the Tri-State Area on Thanksgiving and Black Friday.
The New York Red Bulls posted a 2-0 victory over New York City FC in an Eastern Conference semifinal on Saturday night.
A celebration of life was held Saturday for Akai Gurley, who was shot and killed by a New York City police officer 10 years ago.
The CBS News New York First Alert Weather Team is watching for the potential of a storm that may disrupt travel plans in the Tri-State Area on Thanksgiving and Black Friday.
New York has repealed a seldom-used law over a century old that made it a crime to cheat on your spouse.
A teen was slashed in the face during an argument at a Brooklyn subway station late Friday night, according to police.
Families of children injured by medical malpractice at birth and pushed into a New York state fund to receive critical care are waiting for state officials to address claim denials.
The CBS News New York First Alert Weather Team is watching for the potential of a storm that may disrupt travel plans in the Tri-State Area on Thanksgiving and Black Friday.
The MTA announced the Federal Highway Administration has given congestion pricing the green light, clearing the way for it to start on Jan. 5, 2025.
After a long period of drought and fire hazards, we're getting an early taste of winter. New York, New Jersey and Connecticut have been desperate for rain.
The first major snowstorm of the season brought school closures, power outages, and heavy snow to our region, including to areas that badly needed it.
Jodi Rell, who became Connecticut's second female governor when John Rowland resigned in a corruption scandal, has died at 78.
The CBS News New York First Alert Weather Team is watching for the potential of a storm that may disrupt travel plans in the Tri-State Area on Thanksgiving and Black Friday.
A fire in Bayonne displaced several families and caused a day care to evacuate Friday.
A Hudson Valley woman says her car was driven from Queens to New Jersey after she parked at an unlicensed long-term parking lot near John F. Kennedy International Airport.
The MTA announced the Federal Highway Administration has given congestion pricing the green light, clearing the way for it to start on Jan. 5, 2025.
After a long period of drought and fire hazards, we're getting an early taste of winter. New York, New Jersey and Connecticut have been desperate for rain.
The MTA announced the Federal Highway Administration has given congestion pricing the green light, clearing the way for it to start on Jan. 5, 2025.
After a long period of drought and fire hazards, we're getting an early taste of winter. New York, New Jersey and Connecticut have been desperate for rain.
The first major snowstorm of the season brought school closures, power outages, and heavy snow to our region, including to areas that badly needed it.
A plan to regionalize some New York public school services has set off alarm bells among Long Island parents and educators.
The iconic Stella Ristorante in Floral Park, Long Island will close on Dec. 31 after 64 years in business.
The New York Department of Motor Vehicles has overhauled its point system, and the points drivers accrue are going to stay on their record longer.
A New York City Councilmember is taking the city's Department of Homeless Services to task, saying it needs to do a better job managing food at the city's migrant shelters.
Trump's sentencing in the "hush money" case has been delayed by a New York judge.
President-elect Donald Trump made the announcement Thursday evening after Matt Gaetz withdrew himself from consideration.
The suit claims McMahon and others at the WWE were aware of misconduct decades ago and negligent in failing to prevent it.
Lattes and other espresso-based drinks may not be available at some McDonald's restaurants due to a glitch with coffee machines.
The packaging label omitted a key ingredient, prompting a Food and Drug Administration recall.
The manufacturer of tumblers sold at Wawa stores says it has received four reports of cuts from the product's metal drinking straws.
Decision to cut topping comes as officials work to confirm source of E. coli outbreak linked to McDonald's Quarter Pounders.
Gov. Kathy Hochul on Tuesday announced a $150 million investment in a new state-of-the-art cell and gene therapy hub to be built on Long Island.
Lawyers for actor Jonathan Majors and Grace Jabbari agreed to dismiss the case with prejudice, according to a joint filing in Manhattan federal court.
Cynthia Erivo, Ariana Grande, AMC and fans react to the debate over in-theater singing during "Wicked."
A federal judge is deciding whether to release Sean "Diddy" Combs on bail as he awaits trial on sex trafficking and racketeering charges.
Chris Stapleton took home four Country Music Association Awards and hardly left the stage on Wednesday night, while an absent Morgan Wallen won the night's biggest prize, entertainer of the year.
The leader of a New York City church where pop star Sabrina Carpenter filmed scenes for a music video has been stripped of his duties.
The New York Islanders beat the St. Louis Blues on Saturday night to end a three-game skid.
Tomas Tatar had a goal and an assist and the New Jersey Devils beat the Washington Capitals on Saturday night.
The New York Red Bulls posted a 2-0 victory over New York City FC in an Eastern Conference semifinal on Saturday night.
The Utah Jazz ran past the New York Knicks to snap a four-game skid.
The Philadelphia 76ers snapped a five-game losing streak with a win over the Brooklyn Nets in an NBA Cup game Friday night.
The new Davis Center will bring back the wonder of skating and swimming alongside Harlem Meer in Central Park.
Thursday marks exactly 60 years since the Verrazzano-Narrows Bridge opened to much fanfare.
Nov. 29 is the last day for New York City restaurants to remove roadway dining sheds, which will now be seasonal under new regulations set by the City Council.
A new state-of-the-art trash system in NYCHA's Polo Grounds Towers in Harlem promises to tackle energy, rodent and recycling issues.
Families in Central Harlem will soon settle into their new homes at Marcus Garvey Village, which also brings free gathering spaces to the community and an LGBTQ center.
Dogs got decked out for the annual Tompkins Square Halloween Dog Parade in New York City's East Village on Saturday.
Cosplayers flooded New York City's Javits Center in October 2024 for the annual New York Comic Con convention.
Tens of thousands of people flooded Manhattan streets on June 2, 2024 for the 60th annual Israel Day on Fifth Parade.
The Francis Scott Key Bridge in Baltimore collapsed early Tuesday, March 26 after a column was struck by a container ship that reportedly lost power, sending vehicles and people into the Patapsco River.
The 50th Annual Village Halloween Parade drew massive crowds, celebrating the theme "Upside/Down:Inside/OUT."
CBS News New York's Vanessa Murdock has your weather forecast for November 23 at 11 p.m.
New York Gov. Kathy Hochul has repealed a 1907 law that made it a crime to cheat on your spouse, calling it silly and outdated.
November is the Season of Giving here at CBS News New York. Saturday, we had teams stationed across New Jersey, helping ensure everyone enjoys a delicious meal this Thanksgiving. CBS News New York's Jessica Moore reports.
The NYPD is looking for a man who stole a car with a little girl inside in Brooklyn on Saturday afternoon. The suspect dumped the car about three miles away with the child still inside, unharmed.
A man is dead after plummeting from a Washington Heights apartment building window following a home invasion.
