If you see an Airbnb listing for a New York City apartment with rooftop views, be warned that you may be paying hundreds of dollars a night to stay in an illegally constructed shack underneath a bridge. [More]
apartment rentals
The Apartment Rental Credit Check Scam Is Alive And Well
Six years ago, we alerted the world to the apartment rental credit check scam. That’s a scheme where apartments or houses that may or may not exist are advertised on Craigslist or other classified ad sites to sell not-so-free credit checks to prospective renters. Unfortunately, in spite of our campaign and warnings right on Craigslist ads, these schemes are alive and well. [More]
Bloomberg’s Shrink Ray Hits Again: NYC Mayor Seeking Designs For Teensy Tiny Apartments
For New Yorkers who already feel like they’re living in an expensive shoebox stacked into buildings with tons of other shoeboxes, it might come as no surprise that Mayor Mike Bloomberg is trying to downsize yet another part of city life. First it was sugary drinks, and now the mayor has launched a competition for plans to develop dozens of “micro-units.” In other words, teensy tiny apartments. [More]
Apartment Rents Rising Nationwide To Highest Average In Five Years
Grumbling over the rising price of rent? You’re not the only one — across the country, it’s becoming more expensive to rent, with rates rising at a pace that hasn’t been seen since before the financial crisis. Fear of even higher rents might be keeping tenants in their apartments as well, as the vacancy rate was the lowest it’s been since 2001. [More]