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New York City’s Rent-Stabilized Properties Struggle with Shortfalls
Rent payments trail national averages, while commercial payments at mixed-use properties are faring considerably worse, an owners’ group reports.
Nearly 88 Percent of Renters Have Paid Rent This Month
The just-released figures from NMHC came one day after unemployment claims in the U.S. hit 36.5 million.
Apps, Telehealth and Ramped-Up Testing: Senior Housing Adapts to New Normal
Industry leaders discuss their responses to the coronavirus outbreak and what it means for the future of the sector.
Housing Relief Skips Three Fifths of U.S. Households
A new report by Amherst finds that nearly 39 percent of U.S. households have received government assistance with the cost of their accommodations.
Coronavirus Dents Multifamily Development
New supply expectations fall this year, but future construction impact hinges on the downturn’s severity and length.
May Rent Payments Reach 80 Percent
The just-released data on payments from NMHC come on the heels of 20.5 million new unemployment filings in April.
COVID-19 Rent Relief Sought from Congress
Two bills aimed at helping landlords and renters impacted by COVID-19-related financial issues have been proposed in the House and Senate.
GSEs Launch Tools to Assist Residents in Eviction Protection
Fannie Mae and Freddie Mac each released online resources that identify whether a resident is protected by a temporary eviction moratorium.
New York Extends Eviction Moratorium
Governor Cuomo announced the state would also ban late fees and missed-payment fees during the moratorium period.
What Historic Unemployment Could Mean for Multifamily
Experts discuss what the figures mean for the apartment rental industry.