The Squeeze: Some Long-Term Renters Facing Unheard-Of Increases
Many people in New York City are feeling the squeeze on their rent. As pandemic deals end, even long-term renters are facing unheard-of increases; CBS2's Natalie Duddridge reports.
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Many people in New York City are feeling the squeeze on their rent. As pandemic deals end, even long-term renters are facing unheard-of increases; CBS2's Natalie Duddridge reports.
"For Sale" signs are few and far between in Westchester County. Low inventory plus high demand equals a difficult time for homebuyers.
As of July, the median home sale price in Manhattan was $1.2 million compared to $386,000 in the Bronx.
The 500 affected employees will instead work form home, from new shared workspaces in Manhattan and from offices in New Jersey and Connecticut.
Advocates say it's a big step toward ending housing discrimination against people who have served time in jail.
One realtor says those who sign away their rights to inspections move in and then might discover dangerously old plumbing, a bad roof, a faulty furnace or worse.
Though housing prices have soared in many parts of the country, and inventory is way down, real estate sales may still be stronger in 2021.
The home on Greenwood Lake in Orange County was once owned by the parents of Jeter's grandfather, before the family sold it in 1996.
Notable firms like Corcoran Group and Century 21 are accused of illegally discriminating against low-income tenants with housing vouchers.
Proponents say the cost of 3D technology construction is 50% cheaper than comparable newly constructed homes in Riverhead and 10 times faster.
Erin Hudson, real estate reporter at The Real Deal. estimates - based on public loan documents - secret apartments push vacancy rates of many buildings to 25% and higher.
The coronavirus pandemic has led to a spike in county real estate prices, as people move from the city to the suburbs.
StreetEasy says renters are no longer willing to pay the so-called "commute premium" of living in Manhattan, because so many people are working from home.
A new survey of vacancies along the 244 blocks of Broadway found 335 street-level vacant storefronts, compared to 188 in 2017.
As New Yorkers flee the city amid the coronavirus pandemic, parts of the city's real estate market are rife with empty apartments. CBS2's Jessica Moore reports the industry is dealing with nearly record low numbers of new condo and co-up sales, while renters are focusing on a new list of priorities.
It's a seller's market in Sullivan County and the Catskills.
It's not just the fear of falling ill, but for some, to secure financial futures.
Real estate developer Stanley Chera, a friend and donor of President Donald Trump, has died of coronavirus.
A pair of apartments represents the ultimate in luxury on their own, and together offer potential for truly palatial living.
As the Brooklyn real estate boom continues with new construction, it's still often the historic homes that have a real "wow" factor.
Architecturally, the 13,000 square foot home sitting amidst nearly six acres is a standout. Historically, it holds a place of honor in Greenwich, as well.
The nearly 3,000 square foot apartment recently underwent a multi-million dollar renovation, completely rebuilt to capture the elegance of art deco.
Real estate groups fired back, saying the ban puts an undue burden on the backs of landlords, who'd just end up raising monthly rent.
How will New York's new broker fee rules affect renters and the real estate industry? Real Deal reporter Erin Hudson breaks things down for CBSN New York.
The new third floor residence at 172 Madison at 35th Street has the perfect balance of interior opulence and city accessibility.
Jalen Brunson had 26 points and 11 assists, leading the Knicks to a 134-106 win over the reeling Wizards on Monday.
Yankees right-hander Luis Gil captured the AL Rookie of the Year Award on Monday, edged Baltimore's Colton Cowser.
Leaders in Nassau and Suffolk counties rolled out a strategy Monday to try and stop congestion pricing.
Prosecutors rested their case Monday in the trial of Daniel Penny, the Marine veteran charged in the chokehold death of Jordan Neely on board a subway train last year.
Two women testified before the House Ethics Committee that Matt Gaetz paid them "for sex," their lawyer told CBS News' Major Garrett.
Yankees right-hander Luis Gil captured the AL Rookie of the Year Award on Monday, edged Baltimore's Colton Cowser.
Leaders in Nassau and Suffolk counties rolled out a strategy Monday to try and stop congestion pricing.
Prosecutors rested their case Monday in the trial of Daniel Penny, the Marine veteran charged in the chokehold death of Jordan Neely on board a subway train last year.
New York City and 10 other counties are now under a drought warning. The Big Apple had previously been under a drought watch.
Random stabbings in New York City on Monday left three people dead. Police believe the attacks were all carried out by the same suspect, who has been charged.
It looks like the Tri-State Area will get a substantial soaking of rain later this week, something it definitely needs due to the risk of wildfires.
The risk of wildfire development will remain elevated across the Tri-State Area through the next several days.
A Red Flag Warning is in effect today across the entire Tri-State Area until 6 p.m.
Service is finally restored after a transformer explosion and fire along Amtrak tracks in the Bronx caused service suspensions throughout the region Tuesday and Wednesday.
A Red Flag Warning is back in effect for much of New York, New Jersey and Connecticut, as the fire threat remains high.
New Jersey Rep. Mikie Sherrill, a Democrat, says she is running for governor in 2025.
Orange County, New York is dealing with an extended state of emergency due to the ongoing Jennings Creek wildfire.
It looks like the Tri-State Area will get a substantial soaking of rain later this week, something it definitely needs due to the risk of wildfires.
Hundreds of delays at Newark Liberty International Airport on Saturday resulted from air traffic control staffing problems.
The risk of wildfire development will remain elevated across the Tri-State Area through the next several days.
Leaders in Nassau and Suffolk counties rolled out a strategy Monday to try and stop congestion pricing.
A cellphone company worker says he was attacked by a Long Island law enforcement officer while doing his job.
It looks like the Tri-State Area will get a substantial soaking of rain later this week, something it definitely needs due to the risk of wildfires.
Stony Brook residents are calling for the restoration of the centuries-old Mill Pond, which was drained and destroyed during a torrential storm in August.
A Rockville Centre police detective faces hate crime charges following an incident in Manorville, prosecutors said Wednesday.
Leaders in Nassau and Suffolk counties rolled out a strategy Monday to try and stop congestion pricing.
Two women testified before the House Ethics Committee that Matt Gaetz paid them "for sex," their lawyer told CBS News' Major Garrett.
New Jersey Rep. Mikie Sherrill, a Democrat, says she is running for governor in 2025.
The MTA board voted to approve Gov. Kathy Hochul's revamped New York City congestion pricing plan today.
President-elect Donald Trump's Cabinet and senior staff picks are facing an uncertain future as his selections received mixed reviews in recent days — and a handful sent shockwaves through Washington.
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.
Dozens of New York and New Jersey schools are impacted by a recall of meat and poultry products potentially contaminated with listeria.
With the release of part one of her new memoir, Cher talks about her relationship - on stage and off - with Sonny Bono, and why their TV partnership survived beyond their marriage.
Sean "Diddy" Combs has tried to reach out to prospective witnesses and sway public opinion from jail in NYC to influence potential jurors in his sex trafficking trial, prosecutors say.
Betty White will be honored with a stamp in 2025, the U.S. Postal Service announced on Friday.
Six Flags announced it shut down the Kingda Ka and Green Lantern roller coasters to make way for two new rides including The Flash coaster.
John Krasinski is People magazine's Sexiest Man Alive for 2024. The magazine announced the actor-writer-director as its pick during "The Late Show with Stephen Colbert."
Jalen Brunson had 26 points and 11 assists, leading the Knicks to a 134-106 win over the reeling Wizards on Monday.
Yankees right-hander Luis Gil captured the AL Rookie of the Year Award on Monday, edged Baltimore's Colton Cowser.
The New York Giants are benching quarterback Daniel Jones and fan-favorite Tommy DeVito will start against the Tampa Bay Buccaneers this week, the team announced Monday.
Jonathan Quick stopped 24 shots for his second straight shutout as the New York Rangers beat the Seattle Kraken on Sunday night.
Karl-Anthony Towns had 26 points and 15 rebounds, and the Knicks completed a weekend sweep of the Nets with a 114-104 victory on Sunday.
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.
The Hispanic Society's new exhibit traces how different cultures influenced the women of Spain as they found their own voices throughout history.
Brooklyn transit riders are worried about an ongoing proposal to cut bus stops as part of a redesign project.
A Long Island man's life savings were stolen from his bank account, and he says he's been waiting a year to get it back.
As work is being completed on a six-block stretch of the Ocean Parkway Greenway, cyclists say the rest of the bike path is overdue for upgrades.
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 Lonnie Quinn says we'll see sun and clouds on Tuesday and Wednesday before the rain moves in on Thursday.
While not yet mandatory, the city is asking that residents conserve water and is offering tips on how to do so. CBS News New York's Dick Brennan reports.
CBS News New York's Jenna DeAngelis has the latest on the stabbing spree and Jennifer Bisram has more on the suspect's history of homelessness and mental health issues.
As CBS News New York's Zinnia Maldonado reports, they will get VIP treatment at next month's first responders' game.
CBS News New York's Vanessa Murdock explains what it all means.
