When rent assistance was a popular option for many low-income renters in the 1930s, rent-stabilized homes weren’t a great idea

Rent assistance was the preferred method of rent-control relief for many people in the early years of the Great Depression, but it’s been a contentious idea ever since.When rent-assistance was first introduced in 1935, the nation’s housing market was already in a financial mess and it was difficult to find a home that could be […]

Rent rises on New York apartments to help struggling tenants cover rent

Rents for New York’s most expensive apartments rose more than 5% in February, bringing the average price for a three-bedroom apartment to $1,068 a month, according to data released Wednesday by the state Housing Authority.In a statement, the Housing Authority said its rental market is “at a critical crossroads.”The agency, which oversees the city’s rental […]