Real Estate and Housing (Residential)

Subterms

    Latest story

    125 Shares21 Views

    Rental Apartments Have Been Getting Smaller Over the Last Decade

    by

    The average size of new rental apartments has been getting smaller since 2015, but there are signs that the trend may have begun to reverse.If the living room in your apartment can’t fit a couch and a dining table, you’re not alone. Over the past decade, the average size of newly constructed rental apartments has shrunk by 22 square feet. The average size of a new rental unit is now a mere 908 square feet, according to a report from RentCafe.Researchers analyzed data on the size of new apartments in the 100 U.S. cities with the largest stock of rental buildings with at least 50 units. Newly built apartments were defined as those completed from 2015 through February 2025. Data was harvested from RentCafe’s parent company, Yardi, which surveys rental properties.A proliferation of studios and one-bedrooms is partly responsible for the downsizing. These units grew from 46 percent of what was built before 2015, to 53 percent in the years since.Driving the need for smaller apartments are an increasing number of young, professional singles and a related drop in marriage rates. With interest rates remaining stubbornly high, more of these singles are opting to rent rather than buy. Developers also have an incentive to build smaller units, which can boosts profits by leaving space for additional ones.Despite the decade-long downward trend in new apartment size, there’s been an uptick recently, with rentals gaining 17 square feet in the past two years. Even cities experiencing some of the worst housing shortages have seen notable gains.San Francisco, for one, had the second largest increase, with its average rental apartment growing by 59 square feet (about the size of a small patio) over the past decade. The New York borough of Queens wasn’t far behind, with the average rental growing by 39 square feet. New York’s most expensive boroughs, Manhattan and Brooklyn, also saw upticks.Still, in most major cities the average size of new rental apartments has fallen over the decade, including in Chicago, Seattle, Portland, Los Angeles and Washington, D.C. Even Sun Belt metropolises such as Orlando and Wilmington, with traditionally large apartments, have seen an average reduction of 49 square feet.Shrinking ApartmentsThe average size of newly built rental apartments in the United States has been shrinking over the last decade, though there has been an uptick since 2023. More

    More stories

    • 113 Shares67 Views

      in Elections

      Tell Us Your Wild New York City Roommate Stories

      by

      When the rent is high and the vacancy rates are low, sharing your space with others becomes a must.As summer arrives in New York City, so does the seasonal influx of interns and new graduates, eager to make their way in the metropolis of dreams. But with the city in the midst of a housing crisis — where the median rent recently hit a record high — where will young people on entry-level salaries live? Most likely: with each other. It’s roommate time.Having a New York City roommate (or several) is a rite of passage, and for some it is the only way to make the city affordable. For every New York City roommate situation, there is a wild New York City roommate story. Whether your roommate story happened 10 years ago or 10 days ago, we want to hear it.Did your roommate eat the cake you baked for your mother’s birthday? Leave dirty underwear in the bathroom? Perform the Heimlich maneuver and save your life? Become a famous actor? Break your favorite drinking glass? Disappear without paying rent? Tell us!We will read all of the responses to this questionnaire and reach out to you if we are interested in learning more about your story.We will not publish any part of your submission without contacting you first. We won’t share your contact information outside the Times newsroom or use it for any reason other than to get in touch with you.Tell Us Your Wild New York City Roommate Stories More

    • 125 Shares100 Views

      in Elections

      3 Men Die in Fire in Overcrowded House in Queens

      by

      The house in the Jamaica Estates neighborhood had no working smoke detectors and was crammed with tenants, fire officials said.In a house on an affluent street in Queens, a tenant woke up early on Easter Sunday choking on black smoke.A fire had broken out on the first floor, where he lived in a cramped single room. “There were people screaming, jumping out the windows,” the tenant, Tony Rock, 40, said hours later. He described the scene in one word: “Hell.”Three men died in the fire, which started just after 1:30 a.m. on Chevy Chase Street in the Jamaica Estates neighborhood, a three-minute drive from the mansion where President Trump grew up.Firefighters arrived at the scene in less than four minutes, but the blaze ascended to the attic very quickly, fire officials said at a news conference on Sunday. The victims, men who were 45, 52 and 67 years old, died at the home, the police said. Eight other people were taken to area hospitals and were stable, the police said.The exact cause of the fire is still under investigation. But officials said that the house was overcrowded with people, with makeshift partition walls creating small rooms.Possessions also blocked the stairways, and there were too many extension cords, the fire commissioner, Robert S. Tucker, said at the news conference. There were no working smoke detectors, he added.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

    • 150 Shares159 Views

      in Elections

      Santa Lives in Rovaniemi, Finland. Some of His Neighbors Are Not Thrilled.

      by

      After dinner at the Bull Bar and Grill in the small Finnish city of Rovaniemi, Mariel Tähtivaara, a law student, popped into a supermarket to grab some dessert.As she perused the chocolate mousses, a short woman with dark hair walked up to her, shaking a milk carton.“Excuse me,” she said in English with a Spanish or maybe Italian accent. “But can you tell me if this has lactose?”Ms. Tähtivaara scanned the label — in Finnish — and told her no.Then, as Ms. Tähtivaara was moving through the cookie and cracker aisle, a man with his wife and small child, puffed up in heavy jackets for a winter holiday, held up a cracker package.“Do these have cheese in them?” he asked.She saw more tourists in snowmobile suits lingering by the cashier. Before they could make eye contact, she got out of there.“I was thinking: Here we go again,” she said.These were small impositions, but enough was enough. If you’re blond and therefore identifiable as a likely native of Rovaniemi, you can barely move around a supermarket during tourist season — and it’s all Santa’s fault.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

    • 63 Shares159 Views

      in Elections

      The Caretaker of Muncy Farms

      by

      In November 1940, four children showed up after dark at a stone farmhouse in rural Pennsylvania. They arrived by car down a long dirt driveway. The headlights illuminated the tall elm trees surrounding the manor house, and the rooms inside were lit up brightly.Brian, Susan, Sheila and Malcolm Barlow, ages 12 to 5, had just endured the blackout of the London Blitz, the German bombing during World War II.To protect her children, Violet Barlow, their mother, had placed them on a boat from England to Canada, a 3,000-mile journey. The children then took a train to New York City, where they spent several weeks in immigration limbo, and then got on another train to the small town of Muncy, Pa.Awaiting them was Margaret Brock, who owned the farmhouse and country estate called Muncy Farms, dating to 1769 and set on more than 800 acres of fields and woods along the Susquehanna River. Muncy Farms was once part of a 7,000-acre estate. The original stone farmhouse dates to 1769. Some 85 years later, Malcolm Barlow, the youngest sibling, still remembered the menu that first night. “It was leg of lamb, brussels sprouts, roasted potatoes and apple pie à la Mode,” he said. “A very British dinner.”We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

    • 100 Shares129 Views

      in Elections

      Living Car-Free in Arizona, on Purpose and Happily

      by

      Last year, when Andre Rouhani and Gabriela Reyes toured Culdesac Tempe, a rental development outside of Phoenix, the place looked pretty sweet. It had winsome walkways, boutique shops and low-slung white stucco buildings clustered around shaded courtyards.The only surprise came when Mr. Rouhani, 33, a doctoral student at Arizona State University, asked about resident parking and was told there was none.The couple had two dogs, a toddler and another baby on the way. “Long story short, we decided that all the pros outweigh the cons,” Mr. Rouhani said in a recent phone interview. The family gave its car to Ms. Reyes’ father and moved into Culdesac in December. “We do really, really love it here,” Mr. Rouhani said. “It’s the best place I’ve ever lived.”50 States, 50 Fixes is a series about local solutions to environmental problems. More to come this year.Modeled on towns in Italy and Greece built long before the advent of cars, Culdesac Tempe is what its developers call the country’s first neighborhood purposely built to be car free. Tell Us About Solutions Where You Live

      We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

    • 163 Shares149 Views

      in Elections

      How to Shop for a Home That Won’t Be Upended by Climate Change

      by

      Deciding where to live has always been a high-stakes financial decision, but a changing climate makes it even more critical. Just ask any of the millions of Americans who have already experienced the destruction that a warming planet can deliver to your doorstep. For them, a theoretical risk has already become an all too personal […] More

    • 125 Shares169 Views

      in Elections

      Trump Administration’s Cuts to Housing Nonprofits Fuel Concerns Over Discrimination

      by

      “Soon there’ll be no enforcement,” said Representative Maxine Waters of California. “We really are going to go backward.”Representative Maxine Waters of California and Senator Elizabeth Warren of Massachusetts say they are banding together to fight the Trump administration’s recent cuts that they say will leave Americans unprotected from housing discrimination.On Monday, the two Democrats delivered a letter to Housing and Urban Development secretary Scott Turner that said cutbacks to fair housing initiatives will “embolden housing discrimination” and put “people’s lives at risk.” The letter has 108 signatures, all from Democrats in Congress.The action comes on the heels of lawsuits filed last week against HUD and Elon Musk’s Department of Government Efficiency by four local fair housing organizations that are hoping to make their case class action. Under the DOGE cost-cutting plan, at least 66 local fair housing groups — whose purpose is to enforce the landmark Fair Housing Act that prohibits discrimination in real estate — face the sudden rescission of $30 million in grants.Mr. Turner has also forecast that he will slash staff by 50 percent at the agency and by 77 percent at its Office of Fair Housing and Equal Opportunity, which enforces the Fair Housing Act at the federal level.“Soon there’ll be no enforcement,” Ms. Waters said in an interview. “We really are going to go backward.”Ms. Warren said that if housing discrimination is left unchecked, it will freeze more Americans out of a volatile housing market, adding that seniors, people with disabilities, Blacks and Latinos are most at risk of losing their homes in the volatile market.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

    • 125 Shares189 Views

      in Elections

      Home Sellers and Buyers Accuse Realtors of Blocking Lower Fees

      by

      A year after a landmark settlement called for a disruption in how real estate agents are paid, people say they still feel forced to pay them excessive commissions.When Mike Chambers was ready to sell his house in Boulder, Colo., last month, he interviewed a handful of real estate agents who promised he could fetch $2.75 million or more if he listed with them. But the promise would come at a cost: Each agent wanted him to pay a commission of at least 5 percent, or $137,500. Frustrated that not a single agent was willing to budge on the rate, Mr. Chambers, 39, decided to sell his house on his own, and he took to social media with the handle @realtorshateme to chronicle the process. His reels drew 50,000 views or more.Within days, local agents were making their own social media posts that countered his points — an action that Mr. Chambers described as an aggressive campaign aimed at preventing him from making a sale on his own. Realtors told Mr. Chamber he could get at least $2.75 million for his house. But he didn’t want to pay 5 percent commission, and none of the agents he met would negotiate.Chet Strange for The New York TimesCall it the Realtor recoil. One year after the National Association of Realtors agreed, as part of a legal settlement, to change a key rule on real estate commissions — a rule that had long upheld a tradition of commissions between 5 and 6 percent, little has changed.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More