Vacant preschools in NYC cost taxpayers almost $100 million in rent alone
New York City’s Struggles with Preschools: Millions Spent, Buildings Vacant New York City has used almost $100 million in taxpayer money to lease over 20 buildings for preschools, but six months later, none of them are operational, according to reports. Currently, the city is still covering rent and utility costs for 28 facilities—an investment that […]
Struggling San Diego workers compelled to rent houses in Tijuana to afford their expenses
Increasing living costs in San Diego are pushing some workers to rent more affordable homes in Tijuana and commute daily. Amy McKee, who works as a warehouse inventory clerk, used to pay $1,200 monthly for a room in a shared house in San Diego. Now, she spends only $400 for a one-bedroom apartment in Tijuana […]
How Mamdani’s Rent Guidelines Board is manipulating the data to implement his rent freeze
The Rent Guidelines Committee in the city won’t finalize any decisions regarding this year’s rent hikes for regulated apartments until June. Yet, officials are already compiling data to support Mayor Zoran Mamdani’s proposed rent freeze. Recent findings from the 2026 Revenue and Expenditure Survey show that landlords managing rent-stabilized units saw a 6.2% increase in […]
Median rent in Manhattan hits a record $5,000 as experts caution that conditions will worsen.
Manhattan Rent Hits Record High, Experts Warn of Looming Crisis The median rent in Manhattan has climbed to an unprecedented $5,000, with concerns that Mayor Mamdani’s promise of a rent freeze might exacerbate the situation. This milestone, reached in February, reflects a year-on-year increase of approximately 6%. According to the Corcoran Group and Rent Hop, […]
Mamdani asked to ease state rent regulations to increase available apartments.
Landlords Push for Changes Amid Housing Crisis in NYC As New York City contends with ongoing issues related to homelessness and affordable housing, landlords of rent-stabilized apartments are urging Mayor Zoran Mamdani to modify a state law they believe is keeping many units off the market. Their call for a relaxation of restrictions on approximately […]
Median rent in the US reaches a four-year low in February
The Big Money Show delves into the topics of mortgage rates, property taxes, and the challenges home sellers are currently facing. In February, rental prices showed some easing, with various metropolitan areas recording noticeable declines. The national median asking rent reached its lowest point in four years. Research from Realtor.com indicates that the median asking […]
Cottage from real-life ‘Heated Rivalry’ available for rent on Airbnb
“Heated Rivalry” enthusiasts might be excited to know that they can soon step into the iconic cottage from the series. The cottage, known as Barlochan Cottage, is situated by Lake Muskoka in Canada, a key location for the character Shane, played by Hudson Williams. This serene spot became central to the love story between Shane […]
New York City mayor Zohran Mamdani’s commitment to a rent freeze ignites housing discussion
New York’s Housing Crisis: Mamdani’s Rent Freeze Proposal Faces Pushback During his campaign for mayor of New York, Zoran Mamdani emphasized one key pledge: to freeze rents. However, the realities of the city’s intricate economic landscape are complicating this promise amidst a growing housing affordability crisis. As the new administration sets its agenda, Mamdani’s plans, […]
Colombian undocumented migrant awaits sentencing for killing NYC landlady over rent disagreement
Colombian Immigrant Sentenced for Murder of Queens Landlord Authorities have announced that a Colombian immigrant, Davi Vidal, was sentenced to over 20 years in prison for the brutal murder of his landlord in Queens. This case highlights the tragic consequences of disputes over rent. Back in December 2023, the then-teenager Vidal, aged 20, fatally assaulted […]
Mamdani set to ‘halt rent’ after filling NYC board with similar progressive appointees
Mayor’s Rent Freeze Plans Take Shape with New Appointments Mayor Zoran Mamdani seems poised to fulfill his campaign promise of a “rent freeze” after appointing members aligned with his progressive views to the city’s rent guidelines committee. On Tuesday, he appointed five new members and reappointed another, securing a majority on the nine-member commission. “I […]