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The New York State Division of Housing and Community Renewal ( DHCR) is an agency of the New York state government [1] responsible for administering housing and community development programs to promote affordable housing, community revitalization, and economic growth. Its primary functions include supervising rent regulations through the State ...
Living spaces. Single-room occupancy (SRO) is a form of housing that is typically aimed at residents with low or minimal incomes, or single adults who like a minimalist lifestyle, who rent small, furnished single rooms with a bed, chair, and sometimes a small desk. [1] SRO units are rented out as permanent residence and/or primary residence [2 ...
Short-term rental ( STR) describes furnished self-contained apartments or houses that are rented for short periods of time. [1] They are usually seen as an alternative to hotels. "Short stay" rentals are an offshoot of the corporate housing market, [2] and are also offered by private owners and investors via online platforms such as Airbnb. [1]
New York City vacancy rates hit a historic low in February. NYC vacancy rates are so low—and affordable housing is so sparse—that a super PAC has formed to elect politicians to build more ...
Boarding house. A boarding house is a house (frequently a family home) in which lodgers rent one or more rooms on a nightly basis, and sometimes for extended periods of weeks, months, and years. The common parts of the house are maintained, and some services, such as laundry and cleaning, may be supplied.
Sara Hunt, 19, a sophomore at New York University from Pigeon Forge, Tennessee, wanted her dorm room to look cozy but her budget was $100. That's because she's footing 30% — or nearly $30,000 a ...
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