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Why it’s so hard to find an apartment you can afford
  + stars: | 2024-02-19 | by ( Anna Bahney | ) edition.cnn.com   time to read: +7 min
Washington, DC CNN —Finding a new apartment to rent can be a slog. In New York City, the rental vacancy rate, which is the share of habitable unoccupied units, has dropped to a record low 1.4%. In Boston, the rental vacancy rate was a very tight 2.6% at the end of last year, according to the Census Bureau. However, the most recent vacancy rate is also lower than the more typical 3.6% from prior to the pandemic. In the fourth quarter of 2023, the rental vacancy rate was 6.6%.
Persons: Maria Torres, , Orphe Divounguy, , that’s, Lawrence Yun, Yun Organizations: DC CNN, New York City Department of Housing Preservation, Development, Census, New York City, Springer, Real Estate Investment Services, Joint Center for Housing Studies of Harvard University, National Association of Realtors Locations: Washington, Northeastern, New York, Boston, New York City, Yorker, Manhattan, Northeast, Southern, Austin , Texas
Texas' fastest-growing city is a small spot outside Dallas called Josephine, census data shows. “It's a stressor being in that type of environment,” Moore told Business Insider. AdvertisementAccording to census data, Josephine is the fastest-growing city in Texas. AdvertisementAn aerial view of Josephine, Texas. “The majority of the homes in the city of Josephine are overwhelmingly priced at $300,000.
Persons: Josephine, , Cassidy Moore, Moore —, McKinney , Texas —, , ” Moore, Moore, she’d, Redfin, Dallas ’, Antonio —, , Let's, ’ ”, homebuilder, Horton, Robbie Hale, Burnet, Bonnie Hunt, Lisa Palomba “ Josephine, ” Hunt, “ It's, Lisa Palomba, ” Palomba, Josephine —, We're, Sherman Organizations: Texas, Service, Fort Worth metroplex, Google, US, Waverly Estates, Estates, Texan, Real Estate, McKinney Locations: Dallas, Fort Worth, McKinney , Texas, Josephine, Texas, Florida, San Antonio, New Braunfels, Austin, DFW, Josephine , Texas, D.R, Meadow, Horton, Sun, Florida , Georgia, Arizona, McKinney, Plano,
It had become unbearable for Troy Mongillo and his girlfriend, Amanda Pabon, to spend time at home. But the couple quickly discovered what has become a reality in Beacon and the rest of the Hudson Valley, directly north of New York City: Affordable rentals were hard to come by. They were shocked by how few apartments fell within their budget and how much landlords were demanding of them just to apply. “I was starting to feel like there’s just no end in sight,” Mr. Mongillo said of the weeks they spent searching for a new home. “Things felt really bleak.”An intensifying housing crisis has gripped New York City and urban areas around the country, fueled by the rising costs of homeownership, surging rents and limited housing stock.
Persons: Troy Mongillo, Amanda Pabon, Mr, Mongillo Organizations: New Locations: Beacon , N.Y, Beacon, Hudson, New York City
For Love & Money is a column from Business Insider answering your relationship and money questions. This week, a reader's husband isn't willing to consider renting out part of their home. Write to For Love & Money using this Google form. AdvertisementIf your husband isn't fully onboard with the idea, then it's a no-go. Write to For Love & Money using this Google form .
Persons: isn't, , doesn't, you've Organizations: Business, Service, Security
The ruling left Mr. Trump with the opportunity to raise different objections to Mr. Vance’s subpoena. AUTUMN 2020Prosecutors interviewed employees of the main bank and insurance company that serve Mr. Trump and issued several new subpoenas. The brief unsigned order was a decisive defeat for Mr. Trump and a turning point in Mr. Vance’s investigation. Just hours later, eight years of financial records were handed over to Mr. Vance’s office. After Mr. Bragg expressed reservations about the case, Mr. Pomerantz and Mr. Dunne suspended the presentation of evidence about Mr. Trump to a grand jury.
Persons: Donald J, Michael D, Cohen, Trump, , Cyrus R, Vance Jr, Vance’s, Stefani Reynolds, Trump’s, Allen H, Weisselberg, Vance, Alvin L, Bragg, Mark F, Carey Dunne, Pomerantz, Dunne, Bragg’s, Allen Weisselberg, Stormy Daniels, Mr, Midwinter Organizations: Mr, New, Trump Organization, The New York Times, Trump Locations: Manhattan, New York State, U.S
It will mean fundamentally reevaluating our conception of free will and human agency — and reckoning with our tortured relationship with shame. Many health plans have refused to cover GLP-1s for weight loss , citing limited approval from the Food and Drug Administration. I don't know when I first became overweight, but I remember the moment I was taught to be ashamed of it. They can stop the vicious feedback loop where our food choices and weight drive the shame that drives our food choices and weight. But no matter how heavy that burden was, one thing made it easier to bear: I wasn't weighed down by my shame.
Persons: I'd, They're, , dieters, I've, Wayne LaPierre, David Vades Joseph, Mounjaro, , you'd, would've, Kit Kat, they've, untangling, Stephen Spielberg's Organizations: National Rifle Association, NRA, Food and Drug Administration, New York City Marathon, Harvard Law School, GLP, BI Locations: York, Greenwich Village, darting, GLP
Rental housing markets across the country have become increasingly unaffordable and competitive. Syracuse, New York is the most competitive rental market in the US, according to a new report. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIt's widely known that coastal regions like the New York City metro and the San Francisco Bay area have some of the most expensive and competitive housing markets in the country. But housing markets across the country, even in places that were long affordable, aren't building enough new housing and have severe home shortages.
Persons: , that's Organizations: Service, New, San, Business Locations: Syracuse , New York, New York City, San Francisco Bay
The "skybridge" connecting the two hotel towers is set to feature a 150,000-gallon rooftop infinity pool. Bjarke Ingels GroupThe development is one of several projects competing for three casino gaming licenses recently approved for downstate New York by the state’s gaming commission. Bjarke Ingels GroupSoloviev Group has also promised that an unspecified percentage of the gaming profits, starting with a minimum $5 million donation, will go to an independently run non-profit community fund. Freedom Plaza will also contain public green space and a new Museum of Freedom and Democracy. Bjarke Ingels GroupUnaffiliated with Long Island University’s Museum of Democracy, the new institution will contain pieces of the Berlin Wall and works from the Soloviev Group’s art collection.
Persons: Bruce Munro, Le Corbusier, Wallace Harrison, Oscar Niemeyer, , Ray Pineault, , Michael Hershman Organizations: CNN, New, United, Museum of Freedom and Democracy, British, Soloviev Group, BIG, UN, downstate, Soloviev, Mohegan, Museum of Freedom, Democracy, of Freedom and Democracy, Ingels Group, University’s Museum of Democracy Locations: New York City, Midtown Manhattan, Madison, Danish, North America, York City, York, New York, Long
The people of Suffolk County, Long Island, need to start considering it. Like most of the suburbs surrounding New York City, Suffolk County is suffering from a major shortage of homes. In December, New York Governor Kathy Hochul announced she'll send $59 million to Long Island to deal with water contamination and sewer upgrades. “The governor has said she wants to see more housing on Long Island. Last year, Long Island public officials led the charge against Gov.
Persons: , Hunter Gross, , ” Gross, Long, Suffolk County’s, Ed Romaine, Kathy Hochul, you’ve, , Joe, Edmund Smyth, ” Smyth, ” Long, Kathy Hochul’s, who’ve, boomers, can’t, that's, Ian Wilder, Nathan Cummings, ” Cummings, Cummings Organizations: Service, Hamptons, Business, Newsday, Republican, ” Long Islanders, Gov, New, Housing Services, Yale Law Locations: Suffolk County, Long, New York City, Huntington, Suffolk, New York, Huntington , Suffolk County, Levittown, Black, Old Lyme , Connecticut
(Reuters) - A Russian missile struck an apartment block in a village in Ukraine's northern Kharkiv region on Wednesday, killing two people and wounding at least four, police said, adding that four others might be buried under the rubble. The region and its capital suffer frequent Russian attacks. Police said that the S-300 missile system was likely used during the strike on the village of Velykyi Burluk, destroying eight of 16 flats in the building. Among the (wounded) victims – three men and a woman," police said. The Latest Photos From Ukraine View All 91 ImagesPhotos You Should See View All 22 Images(Reporting by Yuliia Dysa; Editing by Nick Macfie)
Persons: Yuliia Dysa, Nick Macfie Organizations: Reuters, Police Locations: Russian, Ukraine's, Kharkiv, Velykyi
ARLINGTON, Va. (AP) — Real estate data firm CoStar Group is moving its headquarters from Washington, D.C., to northern Virginia, a move that will bring roughly 650 jobs to the state. The relocation is expected to result in 500 jobs moving from D.C., plus the creation of 150 new jobs. The move comes as the Legislature is considering a $2 billion deal to relocate the NBA's Washington Wizards and NHL's Washington Capitals from their home in downtown to Washington to northern Virginia. Arlington County has successfully recruited numerous corporate headquarters in recent years, most famously landing the second Amazon headquarters in 2018. JBG Smith, the real estate company selling the office tower to CoStar, declined comment Wednesday.
Persons: Glenn Youngkin, JBG Smith Organizations: , Washington , D.C, D.C, Washington Wizards, NHL's Washington Capitals, Virginia Gov, Arlington, Arlington County, Boeing, Nestle Locations: ARLINGTON, Va, Washington ,, Virginia, Rosslyn, Arlington County, Potomac, Washington, Richmond, Arlington, U.S
By Jonathan AllenNEW YORK (Reuters) - Lawyers representing New Yorkers facing eviction and living in shelters sued New York City Mayor Eric Adams on Wednesday to try to force him to comply with new local laws expanding access to rental assistance. The lawsuit by the Legal Aid Society comes after the mayor unsuccessfully vetoed the new laws expanding access to vouchers for low-income New Yorkers. The New York City Council, which had voted to override the mayor's veto last July, will soon join Legal Aid in suing the mayor after making the unusual move last week. More than 36,000 households already receive housing vouchers from the city, according to Adams' office. A spokesperson for the mayor said his office was reviewing the lawsuit and that his administration would focus on working with the city council to build more affordable housing across the city.
Persons: Jonathan Allen, Eric Adams, Adams, , Robert Desir, Donna Bryson, Aurora Ellis Organizations: Jonathan Allen NEW YORK, New, New York City, Legal Aid Society, The New, The New York City Council, City Fighting, New York State, Aid Society, Legal, Manhattan Supreme, Coalition, Homeless Locations: The New York, Manhattan, Bronx
(Reuters) - Russia launched several missile attacks on the town of Selydove in Ukraine's eastern Donetsk region, damaging a hospital, destroying a dozen residential flats and injuring several people, Donetsk Governor Vadym Filashkin said on Wednesday. "Reportedly, three people, including a child, are under the rubble (of the hospital)," Filashkin said on the Telegram messaging app, adding that 100 patients were evacuated to hospitals in nearby towns. The 1 a.m. Wednesday strike (2300 GMT Tuesday) damaged a wing of the hospital, Filashkin said. The Latest Photos From Ukraine View All 91 ImagesReuters was not able to independently verify the reports. Photos You Should See View All 22 ImagesBoth Russia and Ukraine deny targeting civilians in strikes on each other's territories.
Persons: Vadym Filashkin, Filashkin, Lidia Kelly, Himani Sarkar Organizations: Reuters Locations: Russia, Selydove, Ukraine's, Donetsk, Ukraine, Russian, Melbourne
A New York City police officer on Monday fatally shot a man in a Queens apartment who officials said had pointed an “imitation gun” at officers who were responding to a 911 call reporting that shots had been fired at the building. “It appears to be an imitation gun,” he said. Chief Maddrey did not say whether the officers had worn and activated body cameras during the shooting, although the circumstances he described suggested they should have under Police Department guidelines. One of the officers fired “multiple shots,” he said, and hit the man at least once. The shooting occurred shortly after 10:30 a.m. in a fourth-floor apartment at the Ocean Bay Apartments public housing complex in the Arverne section of the Rockaway peninsula, Chief Maddrey said.
Persons: Jeffrey B, , Maddrey Organizations: Police Locations: York City, Queens, Rockaway
Amanda Goh/Business InsiderBTO flats are new apartments sold by the Housing Development Board on 99-year leases . Amanda Goh/Business InsiderThe couple paid 720,000 Singapore dollars, or about $535,000, for the apartment in late 2022. Amanda Goh/Business InsiderThere's hardly anything they would like to change about their home — except maybe the couch. Amanda Goh/Business InsiderThe couple has a tip for those who want to renovate their homes: Don't be afraid to let your personality shine through. "Sometimes it's more meaningful to buy loose items instead of having built-in things," Imran said.
Persons: , Imran Ismail, Fadzeera Fadzully, they've, Amanda Goh, Imran, we're, we've, Fadzeera, We've, There's, I've Organizations: Service, Housing, Business Locations: Singapore, Bedok
Homes and a vehicle were hit in the southern Gazan city where hundreds of thousands of displaced Palestinians have fled since the war began. Now, Israel’s stated intention to expand its ground invasion into Rafah has left her terrified, with no idea where she and her family could flee. More than half of Gaza’s 2.2 million people are now sheltering in Rafah, many of them after Israel told them to flee south to avoid the war farther north. Everything else is very expensive.”He feared that many would die if Israel invaded Rafah, especially since people had nowhere else to go. She fled to Rafah from Gaza City, where both her home and her clinic have since been destroyed, giving her little to return to, she said.
Persons: Ahlam Shimali, Israel’s, , Shimali, Israel, Benjamin Netanyahu, Biden, Khan Younis, Fathi Abu Snema, , Sana, Iyad, Abu Bakr Bashir Organizations: Aid, United Nations Locations: Gazan, Gaza, Rafah, , Israel, Egypt, Gaza City
Patrizia Di Gregorio founded the international social network group Expats Living in Rome. Just ask Patrizia Di Gregorio, an Italian-American who founded the international social network Expats Living in Rome. "Americans want to come and don't understand that you can't just move to Italy," Gregorio, 52, told Business Insider. The Facebook group Expats Living in Italy, which is connected to Expats Living in Rome, has 92,800 members and counting. "Joining Facebook groups like Expats Living in Italy or others is a good source to learn from others — especially the mistakes they made."
Persons: Patrizia Di Gregorio, Gregorio, she's, , She's, Patrizia Di Gregorio Expats, expats, it's, splurging Organizations: Service, Embassy, Consulates, Facebook Locations: Rome, Italy, Italian, American, expats —, United States, soggiorno, America
But while overall migration is down, state-to-state moves are slowly on the rise again. Nearly 20% of all Americans moved each year from the mid-1940s through the 1960s, according to census data . The Great Recession in 2008 hobbled the economy and slowed migration, sending the overall rate to 11 or 12%, according to census data. Getty ImagesLong-distance moves are on the upWhile the overall migration rate is low, big moves are slowly on the rise. Younger people are more likely to make big moves, according to census data.
Persons: , James Gregory, Gregory, Gregory said, Jim Crow, Gregory . Migration, deindustrialization, Brookings, Matthew, he’s, Rose Kemp, millennials, Florida ., X, Zers, Marie Bailey, Dallas, ” Bailey Organizations: Service, University of Washington, Gregory ., Brookings Institution, Golden State, realtors, Community Survey, Realtors, Business, Matthew Bank, ” Bank, Orlando Regional Realtor Association, Survey, University of Minnesota's Locations: Texas, New York, California, Florida, Detroit, California , Oregon, Washington, Midwest, nonresponse, Golden State for Texas, Georgia, X . Texas, migrators, millennials, homeownership
Oliver’s mom, also named Derry Oliver, questioned the school’s assessment and didn’t give consent for therapy. “It was very emotional for both of us because I understood her frustrations and fears,” the younger Oliver recalled. Differing perspectives on mental health aren’t new for parents and kids, but more conflicts are emerging as young people get more comfortable talking openly about mental health and treatment becomes more readily available. Schools have invested pandemic relief money in hiring more mental health specialists as well as telehealth and online counseling to reach as many students as possible. Without access to therapy, the younger Oliver has sought advice about managing her emotions through friends, school social workers, and the internet.
Persons: — Derry Oliver, Oliver, Derry Oliver, , Chelsea Trout, Jessica Chock, Goldman, she’s, didn’t, There’s, Eric Adams, Oliver hasn’t, Trout, don’t Organizations: Brooklyn, Bard Early College High School, New York City, Centers for Disease Control, Associated Press Locations: Georgia, New York, Brooklyn, Manhattan, California, Colorado, North Carolina, , AP.org
Andy Wiesmann, 62, settled in Medellín, Colombia, after spending much of his life in California's Inland Empire. He couldn't afford an apartment in California, and he decided to move out of the country to preserve his health and happiness. Leaving California for MexicoWiesmann grew up about 60 miles east of Los Angeles and spent most of his life there. His relationship ended amid his hospital stay, and he moved back to California — though he didn't have any place to stay. Wiesmann said he has little intention of leaving Colombia except for vacations to see his kids in California and New York.
Persons: Andy Wiesmann, Wiesmann, I've, Mexico Wiesmann, he's, he'll, they're Organizations: Service, Golden State, Business, US Locations: Medellín, Colombia, Inland, Golden, California, Mexico, Los Angeles, East, Africa, Virginia, United States, Cabo San Lucas, cafés, Bogota, New York, South America
Israel-Hamas War: Latest Updates
  + stars: | 2024-02-10 | by ( Ben Hubbard | ) www.nytimes.com   time to read: +3 min
Palestinians on the move after an Israeli airstrike in Rafah, in southern Gaza, on Friday. As the war has raged, Ahlam Shimali has watched as people have fled fighting and destruction elsewhere in Gaza and packed into Rafah, the territory’s southernmost district, where she lives. “What would happen to us if there were tanks, clashes, an invasion and an army?” said Ms. Shimali, 31. More than half of Gaza’s 2.2 million people are now sheltering in Rafah, many of them after Israel told them to flee south to avoid the war farther north. She fled to Rafah from Gaza City, where both her home and her clinic have since been destroyed, giving her little to return to, she said.
Persons: Ahlam Shimali, Israel’s, , Shimali, Israel, Benjamin Netanyahu, Biden, Khan Younis, Fathi Abu Snema, , Sana, Iyad, Abu Bakr Bashir Organizations: Aid, United Nations Locations: Rafah, Gaza, , Israel, Egypt, Gaza City
“I loved London,” Cristina tells CNN Travel today. Matt’s family was staying at Claridge’s, the historic, swanky five star hotel in Mayfair. Matt’s parents knew he was going on a spontaneous date. “And then they would never forward the mail.”Cristina’s idea of writing to Matt’s parents’ address was a good one. After years of working and living in Italy, Matt’s fluent in Italian.
Persons: she’d, Cristina Farina, Cristina, , “ Let’s, they’d, , ” Cristina, Trafalgar Square’s, William Shakespeare’s “ Romeo, Juliet, London Here's Cristina, Matt, Matt Reinecke, Cristina gestured, he’d, Cristina couldn’t, Here's Matt, Cristina he’d, , ’ ”, welling, you’ll, wouldn’t, Weeks, Claridge’s, Matt hadn’t, Read, Matt’s, Matt wasn’t, Florence Matt, Matt reckons they’d, ” Matt, Cristina’s, Davide, Francesca, Cristina Farina Matt, they’re, ” Here's Matt, Ludovica Barone, They’ve, Organizations: CNN, Florence, Heathrow Airport, CNN Travel, Bond, Cristina’s Locations: London, Trafalgar, California, Claridge’s, Mayfair, Hyde, Italy, Europe, , Florence, Greece, San Francisco, Francisco, San Francisco’s, Prato , Tuscany, Thailand, Malaysia, Singapore, Indonesia, Australia, Milan, Turin, Tuscany, American, , Italian
If you were planning a trip to New York City for Presidents’ Day weekend and logged onto Airbnb Wednesday morning, the first two listings to turn up might have vexed you. One was for a hotel room on Park Avenue South, and the second was for a townhouse apartment in Jersey City, advertised for its proximity to the PATH train to Manhattan, useful because Jersey City is not actually in New York. But Airbnb thrived amid loopholes in the law. In May 2022, there were more than 10,500 New York City listings on the site for apartments or whole houses. In December, as demand for Airbnb spaces in New York fell by 46 percent, the growth in Jersey City and Newark exceeded 53 percent.
Persons: Airbnb Organizations: , Malaysian, Local, City Council, York, New Locations: New York City, Jersey City, Manhattan, Jersey, New York, Newark
The latest concern threatening regional banks started on Jan. 31, when New York Community Bancorp. reported unexpected fourth quarter loss and a large loan loss reserve against futures losses, due in part to the bank's commercial real estate (CRE) exposure. One worry is that the NYCB credit downgrade could spur ratings agencies to take a closer look at other banks, or cause clients to again pull deposits out of regional banks. Determining exactly how unique NYCB's exposure to commercial real estate is will be a key focus for investors and analysts in coming weeks. A note on Wednesday from Wolfe Research analysts focused on banks and commercial real estate showed that regional banks have in general reduced their commercial real estate exposure over the past 15 years.
Persons: NYCB, Ian Lyngen, hasn't, Lyngen, D.A, Davidson, Peter Winter, Winter, Macrae Sykes, Banks, They're, Sykes, Wells Fargo, Jerome Powell, Bond, Tom Fitzpatrick, RJ O'Brien, Fitzpatrick, — CNBC's Michael Bloom Organizations: Investors, New York Community Bancorp, Moody's, Street, Silicon Valley Bank, BMO, Treasury, Wolfe Research, UBS, Gabelli, CNBC Locations: Silicon, Wells
The newly opened twin skyscrapers One Za’abeel are home to the world’s longest cantilever building and on it, the United Arab Emirates’ longest suspended infinity pool, which is 120 meters (393 feet) in length. The 120-meter-long (394-feet) pool at The Link is the UAE's longest suspended infinity pool. World's highest infinity pool: Dubai has another Guinness World Record to add to the pile. Courtesy Address Hotel + Resorts Two world records: The skybridge connecting the top part of Jumeirah Gate is home to luxury apartments. Courtesy Address Hotel + Resorts Bedroom: There are 217 guest rooms and suites in the hotel and close to 1,000 apartments in Address Beach Residences.
Persons: Fadi Jabri, , it’s, Badr Benryane, “ It’s, , Benryane, You’re, Skypool, it's Organizations: CNN, CNN —, United, United Arab Emirates ’, Nikkei, cabanas, VIP cabanas, Resorts Zeta, Zeta Seventy, Eiffel, Covid Locations: CNN — Dubai, United Arab, Sekkei Dubai, Peruvian, loungers, Dubai, Jumeirah, Badr
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