Rents in New York City’s most affluent areas have increased by 60% since the pandemic.
Rent prices in some of New York City’s most affluent neighborhoods have surged over 60% since the pandemic, leaving even six-figure earners grappling with housing costs. Tribeca and Soho experienced the most significant uptick, with rents rising about 60% from 2020 to 2025, as reported in an analysis by Bloomberg, utilizing data from StreetEasy and […]
NYC’s ban on Airbnb did not reduce rents or increase vacancies, according to a report.
New York’s Airbnb Ban: Misguided Promise or Necessary Measure? New legislation restricting Airbnb in New York was touted as a solution to alleviate the housing crisis. However, a recent report suggests that rents have surged, with vacancy rates approaching unprecedented lows. Officials promoted a law dubbed Local Method 18, claiming it would help protect New […]
High rents, empty floors, Tk220cr upfront: How Premier Bank helped enrich the Iqbal family
Premier Bank Scandal Unfolds in Bangladesh While much of the discourse regarding Bangladesh’s banking struggles centers on fictitious loans, a more sophisticated and seemingly legitimate operation tied to Premier Bank has surfaced. This scheme, allegedly orchestrated by HBM Iqbal, the long-time founding chairman of the bank, has reportedly affected millions. A recent investigation by Bangladesh […]
Rents in New York City keep rising to unprecedented levels
Manhattan Rent Prices Surge Rents in Manhattan are escalating to unprecedented levels. The real estate evaluation firm reported that average rents climbed 7% from last year, reaching a record $5,450 in June. This information comes from a collaboration between Miller Samuel and real estate agent Douglas Elliman. Median rents also hit new highs, increasing by […]
Can the NYC mayor freeze rents as Zohran Mamdani suggests? Not really, but they can have a significant effect.
A significant move is needed to freeze rent in the city. If Zoran Mamdani, the socialist candidate, is handed a position on a powerful board that could easily thwart his aims, one might want to check with Eric Adams. A committee of nine members, all chosen by the mayor, recently voted to increase rental prices […]
Rents surge an astonishing 15% after NYC eliminates broker fees
Last week, the city eliminated broker fees, thanks to a victory for renters, but landlords still managed to find a way to benefit from the situation. As expected, they increased rents to make up for their losses. According to a report from a real estate analysis firm, rents have surged by 15% since the controversial […]
‘It makes me sick’: the Amsterdam shops closing because of soaring rents | Netherlands
tHis tea and coffee flower perfume fills the air of Zonnetje (The Sun) behind the counter, with Marie Louise’s Bellder measuring loose leaf tea and surrounding the black leaves in a packet of paper. The mahogany-colored shelves stack pots containing beans from Java, Ethiopia, Java and India, alongside the Bric-a-Brac, including vintage tea cans and […]
Property guardians: caretaker solutions to sky-high city rents | Renting property
Top-priority, open-plan facilities in the trendy East London neighborhood usually retreat thousands of pounds of rent a month, but Luke Williams pays just a small portion. The 45-year-old program manager is one of the many experts who look to protect real estate. This causes people to live in vacant buildings in exchange for rent cuts. […]
Canada rents billboards across US to push anti-tariff messages
Canada is trying to convince Americans to oppose President Trump's trade war by launching an advertising campaign in 12 red-directed states, promoting anti-biased messages and reminding them that “no one can win” with an approach that comes from the White House. Foreign Minister Melanie Jolly said last week that the Canadian government will launch a […]
‘Shady’ $7B Biden climate slush fund recipient facilitated NY low-income housing sale that hiked rents, forced out residents: tenants
WASHINGTON — A New York woman, a woman expected to earn nearly $7 billion from the Biden administration's Climate Slash Fund, was once forced through the sale of low-income housing complexes in Westchester County, and has grown by up to 80%, making it unable to spend many tenants. SADIE MCKEOWN – a Democratic donors He […]