Property Management News
Call it another quirk of New York City living. Though washers and dryers have been ubiquitous household items in most of the United States since the Eisenhower administration, their emergence as a common feature in apartment searches in the five boroughs has been far slower. Now they’re starting to gain steam. In-unit washer-dryers are included in about 34% of apartments listed on the rental platform StreetEasy, according to a citywide analysis the company conducted for Gothamist. That’s up from about 27% in 2021 and just 23% in 2019. The machines have been the most commonly searched “must-have” feature on StreetEasy for the past four years as New Yorkers seek more convenience and... Read more
California law makes it illegal for landlords to refuse to rent to people who participate in rental assistance programs like Section 8, but tenant advocates say the...
Crouching on the sidewalk in front of his apartment building in San Francisco’s Tenderloin neighborhood last Monday, Bradford Berger shuffled through legal papers in a...
Key Points While rent prices for apartment buildings are flattening out because of a supply increase, single-family rentals did not see that same level of...
Renting has become slightly more affordable for minimum workers across the United States, but not by much, according to a Redfin report. A worker making an average...
Renters have quietly enjoyed a nice run over the past two years. A historic wave of apartment construction has tamped down rents from their pandemic-era peak — last year developers finished the most units nationwide since 1974. With so many shiny high-rises hitting the market, landlords are fighting to fill their spaces, offering major discounts and perks to lure tenants. One housing economist even declared 2025 “the year of the resident.” But as the cost of building has increased, the number of cranes on the horizon has dwindled. Formerly eager developers are cutting back on fresh construction plans, laying the groundwork for another apartment squeeze. In other words,... Read more
California’s real estate landscape is changing with new laws taking effect in 2025, impacting landlords, developers, property owners, and investors. These legislative...
Investors, property owners, and developers that are involved in affordable housing were doubtless glad to hear of the Department of Housing and Urban Development’s...
California is leading the way in housing innovation with the recent passage of SB 1211, a landmark bill that updates and enhances current accessory dwelling unit (ADU)...
For renters looking for the most bang for their buck in the rental market, it might pay to go small. While December 2024 rents were down overall in units of all sizes,...
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