Items Tagged with 'Brooklyn'


  • New York City foreclosures rise to post-crisis high

    Jump nearly 60% in one year
    There haven’t been this many homes in foreclosure in New York City since the housing crisis, but the news isn’t quite as bad as it seems. These foreclosures aren't new. In fact, many of them have been in the works for many years.
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  • New York landlords face mounting pressure to lower rents

    Vacant properties on the rise
    Like many other areas of the country, New York experienced a boom in higher-end listings since 2013. Now, however, it faces an oversupply as the market at the top softens and the affordable homes and apartments are snatched up faster than the market can keep up with. Landlords at high-end properties are now under increased pressure to lower their rent prices, or watch vacancies increase.
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  • Brooklyn man accused of posing as real estate agent, swindling prospective client

    Rented out an apartment he didn’t own
    A Brooklyn man is currently in police custody after being arrested for posing as a real agent and swindling a prospective client out of thousands of dollars. According to a report from CBS New York, Nassau Country police arrested 33-year-old James Cadet for allegedly renting out an apartment he didn’t own and stealing more than $2,000 in the process.
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  • Brooklyn co-op charged with discriminating against disabled veteran

    HUD accuses Trump Village IV of denying use of emotional support dog
    A Brooklyn cooperative development is in hot water with the U.S. Department of Housing and Urban Development for refusing to allow a disabled veteran to keep an emotional support dog and threatening the veteran and his wife with eviction in retaliation for filing a fair housing complaint.
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  • New York City’s top 10 hottest neighborhoods

    Bonus: Predictions for the Big Apple’s new year
    Whether you live in New York City now or are planning to move to the Big Apple, here is a list of the hottest places to live for 2015. But be sure to also read the predictions to know what is forecasted for that borough as well.
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  • Brooklyn is the country’s least affordable place to live

    Last in RealtyTrac’s home price affordability rankings
    According to a report from Bloomberg, a Brooklyn resident making the city’s median income would need to devote 98% of their income to afford the payment on a median-priced home in Brooklyn, where the median home price is $615,000.
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