NYC Landlords Report 6.2% Income Jump—but Here’s Why They Say They’re Still Sinking
For the third consecutive year, the financial health of rent-stabilized housing in New York City appears to be on the up—at least on paper. Net Operating Income (NOI)—a measure of profitability—for buildings containing stabilized units climbed 6.2% citywide in 2024, according to the 2026 Income and
Mortgage Interest Rates Today: Rates Surge to 6.38% as Oil Shock Roils Financial Markets
Mortgage rates jumped Thursday to their highest level in more than six months, as the U.S.-Israeli war with Iran continues to drive elevated oil prices and raises new risks of inflation. The average rate on 30-year fixed home loans climbed to 6.38% for the week ending March 26, up 16 basis points fr
Savannah Guthrie Recalls ‘Chaos’ at Mom Nancy’s Home After She Disappeared—and Reveals Fears Her Fame Made 84-Year-Old a Target
To see our latest updates on the Nancy Guthrie case, please click here. Savannah Guthrie has shared new details about the “chaos” that erupted at mom Nancy Guthrie’s home after the 84-year-old was reported missing from the property nearly two months ago. Sitting down with her former “Today” show co
How America’s Priciest Metros Became ‘Affordability Traps’ for Long-Term Renters
While pandemic-era low mortgage rates have paralyzed the housing market, a parallel renter "lock-in" effect is gripping the nation's most expensive metros, as tenants in New York City and Los Angeles find it financially impossible to walk away from below-market leases. Long-term renters—defined as h
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