Home construction is surging, but it's leaving out struggling renters

Aug 18, 2020
Apartment market tracking firm RENTCafé predicts apartment construction will be down 12% from 2019 to the lowest level in five years.
Even with the surges in homebuilders' confidence and some construction metrics, there is still an affordable renting housing crisis.
Al Bello/Getty Images

What will happen to New York's sky high rents?

Jul 2, 2020
Some are getting breaks on commercial and residential rent, but it won't last forever.
A banner calling for New York Gov. Cuomo to cancel rent in May as people struggle to pay rent during the COVID-19 pandemic.
Stephanie Keith/Getty Images

The rise of the high-rise

Jan 21, 2020
As more and more people want the amenities of urban living, there's nowhere to build but up.
At 44 stories, Baltimore's new 414 Light Street is the tallest apartment building in Maryland.
Amy Scott/Marketplace

The affordable housing crisis is forcing some people into basements

Oct 30, 2019
A New York Times reporter took a look at immigrants living in the cramped, dark, illegal spaces in Queens.
Expensive housing in big cities like New York are pushing some people into illegal basement apartments.
Drew Angerer/Getty Images

Rent too high? Blame zoning.

Jul 10, 2019
Research finds hostility to apartments contributes to affordability crisis.
A pedestrian passes by 315 Hudson Street, where Google plans to lease office space, in the Hudson Square neighborhood in Lower Manhattan, December 17, 2018 in New York City.
Drew Angerer/Getty Images

Demand for apartments hits 5-year high

Jul 3, 2019
That means rents are rising, too.
A sign advertises an apartment for rent along a row of brownstone townhouses in New York City.
Angerer/Getty Images

Manhattan housing prices cooled in 2018

Jan 4, 2019
The median home sale in the borough has dipped below $1 million for the first time since 2015.
The median sales price for Manhattan property fell 4.4 percent in 2018.
DANIEL SLIM/AFP/Getty Images

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January home construction jumped 9.7 percent

Feb 16, 2018
Single-family ground-breaking was strong, but construction of multi-family units was even stronger.

Startups see untapped potential in apartment buildings

Aug 25, 2017
High-rise apartment buildings are a target for the growing home-sharing economy.
Construction workers work beside new apartment buildings in downtown Los Angeles, California on April 5, 2017.
FREDERIC J. BROWN/AFP/Getty Images

Churches convert to rentals as young people leave the flock

Oct 11, 2016
Houses of worship are merging or closing. In Philly, more than a quarter of those have been redeveloped.
Philadelphia’s former St. Anthony of Padua Church (left) has been converted into upscale lofts, and apartments are planned for St. Laurentius' site, also in Philadelphia.
Courtesy of Bobby Allyn