There were more than 22,000 short-term rentals listed in NYC last August. The number of legal listings has dropped precipitously.
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short-term rentals. An estimated 40,000 listings will need to comply with new rules, like... As of August 28, only 257 licenses have been approved by New York City's Office of Special...
New York City’s Office of Special Enforcement says it has now decided on 90% applications... short-term rentals. Owners may have placed properties on the so-called Prohibited Buildings...
Economic growth and stability in NYC depend upon the ability for workers and others wishing to move into or within the city to find housing they can afford. As has been noted in our monthly Economic Newsletters, median “asking rent” on publicly listed apartments available for leasing rose to a record high level in 2023 and remains at $3,500 per month citywide—$42,000 per year—near its peak despite levelling off ...
luxury rentals with zero affordable housing. In March, Lalezarian Properties paid $33.5 million to Princeton International Properties for an eight-story, 93,000-square-foot medical office...
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