Kennedy criticizes the flattering Obama-Colbert interview, implies they should rent a ‘motel room’
Sen. John Kennedy Comments on Obama and Colbert’s Friendship Senator John Kennedy from Louisiana recently lightheartedly suggested that Barack Obama and Stephen Colbert should share a “motel room” after a friendly interview aired on “The Will Caine Show.” The discourse followed a conversation between Obama and Colbert at the former president’s new Presidential Center in […]
Rent guidelines board in New York City votes to potentially freeze rents for 1 million apartments in initial decision
Potential Rent Freeze Discussion in NYC During a preliminary vote on Thursday, members of the city’s Rent Guidelines Commission put forth the idea of potentially freezing rents for approximately one million rent-stabilized apartments in New York City. This development springs from a board heavily influenced by supporters of socialist Mayor Zoran Mamdani. Landlords have repeatedly […]
Milling Room in NYC suddenly closes, potentially owing over $1 million in rent
Restaurant Closure and Owner’s Accident A well-known restaurant on the Upper West Side has unexpectedly closed, facing claims of over $1 million in unpaid rent due to its owner’s serious accident in Mexico, according to reports. The Milling Room, famous for its large dining area and distinctive glass ceiling, shut its doors last December after […]
Poll reveals young people leaving Boston due to worries about rent and safety
Young Residents Leaving Boston Due to High Costs and Safety Issues A recent study highlights that many young people are leaving Boston, primarily due to steep rental prices and concerns about safety. The Greater Boston Chamber of Commerce, which represents business interests in the area, conducted a survey involving 600 participants aged 20 to 30 […]
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 […]