Landlords
New York Renters Are Now Paying the Price for the ‘Covid Discount’
“It breaks our heart,” she said. “We had lived in that neighborhood for eight years. We knew every single doorman. We knew people in the neighborhood. We were hoping to blend our former lives with our new lives and that was an opportunity that was not given to us.” Many New Yorkers moved during the […]
Know MoreMy Roommate Won’t Pay Rent and Won’t Leave. What Can I Do?
Q: Two years ago, my wife and I got a roommate to share the rent-stabilized apartment in Manhattan that we’ve lived in for 40 years. A year ago, he stopped paying rent for his room — he didn’t claim job loss or another hardship, he just refused to pay. We do not have a written […]
Know MoreStart-Ups Flock to WeWork, Trellis and Other Low-Commitment Spaces
When Melissa Pancoast moved her financial literacy start-up, The Beans, into a WeWork office in San Francisco’s Salesforce Tower last May, most of the offices around her were rented out but unoccupied. As vaccination rates climbed and San Francisco flirted with lifting pandemic restrictions, her neighbors started trickling back in. Ms. Pancoast’s social calendar soon […]
Know MoreThe Tenants Tried to Stop an Eviction. Now They Could Own the Building
Lizzette Concepcion moved into the building in 2010, arriving postpartum from a homeless shelter. Mr. Giddings sued her for unpaid rent. However, he changed his address repeatedly, making it impossible for her to get the housing subsidy to him, according to her lawyer at the time, Jane Li. Ms. Concepcion estimated that she owes $20,000 […]
Know MoreFirst-Time Home Buyers Are Getting Squeezed Out by Investors and Corporations
CHARLOTTE, N.C. — At her first meetings with clients, many hoping to buy a first home, Sarah Ortiz Hilton runs through a list of warnings. They may have to offer tens of thousands of dollars over the asking price only to have those offers rejected anyway, Ms. Hilton, a real estate agent, tells them. They […]
Know MoreHow a Lone Tenant Is Holding Up a $70 Million Condo Deal
The condo market is surging, a potential boon for holdouts like Mr. Ozsu. Manhattan had the most apartment sales of any first quarter in 33 years, with nearly twice as many new development sales as in the same period last year, according to a recent report by the brokerage Douglas Elliman. Similar conditions have led […]
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