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Is NYC going through an affordable housing crisis ? To get a better understanding of the city’s rental market, RentHop compared median rents for a two-bedroom apartment in various parts of the city to the most recent median income data available at the neighborhood level. It turns out that just nine out of the 139 neighborhoods included in the study had median asking rents that could be afforded with 35 percent of the neighborhood’s median income. RentHop added an additional 5 percent to the recommended affordability of 30 percent to make room for the income growth that has taken place since the Census data was released. The map above shows the median asking rent of two-bedroom apartments in neighborhood tabulation areas (NTAs) across New York City and how that relates to the income of those neighborhoods. Darker shades of red indicate lower affordability , while the few green areas indicate that median asking rents are within reach for the neighborhood’s median household income . M...

As teachers, cooks, cashiers, and bus drivers are being priced out of Charlotte, one question looms: How does a growing, thriving city in modern America keep housing affordable for its working-class citizens? By RACHEL JONES Published: 2017.08.23 06:21 AM Jacqueline Ingram (middle) works full-time at the Ross Dress For Less distribution center in Rock Hill. But in this booming region, her salary isn’t enough to comfortably buy a home for her and her kids, 12-year-old Nya and five-year-old Rejonee. PHOTOS BY ANDY MCMILLAN ONE RECENT SUNDAY AFTERNOON , Jacqueline Ingram and her two daughters explore an empty four-bedroom house for sale on a Brianna Way cul-de-sac in southwest Charlotte , filling it with their dreams along the way. “This one is mine,” 12-year-old Nya says of an upstairs bedroom with a view of the Clanton Park neighborhood . “I could put my chest over there, and my table there.” As five-year-old Rejonee sprawls out on the carpet in the room across the hall, In...

By JAKE SHORE of WFUV The Norwood News, in partnership with WFUV and BronxNet TV, brings you a four-part series on development projects happening across the Bronx and its impact on community residents. Luxury Student Housing Rises in Bronx’s Little Italy" width="696" height="522" />CONSTRUCTION SITE FOR future luxury unit marketed for students on Hoffman Street in Belmont, a few blocks from Fordham University . Photo by Jacob Shore For Fordham University students, living off campus is a respite from on- campus housing prices and its rules. It’s worked for Brendan Batcheller, a senior at Fordham’s Gabelli School of Business. The public accounting major said living off campus is markedly cheaper than living within Fordham’s gates. “The cost of a year’s rent for us is less than nine months’ worth of living in a dorm,” Batcheller said in an email. “There is definitely a greater sense of independence living off campus–having to deal with a landlord, p...

1. If you can make it here… New York has long been the ultimate testing ground for businesses. But the city’s population density also makes it an important laboratory for startups, especially in today’s on-demand economy. Food- delivery pioneer Seamless survived the dot-com crash, paving the way for the arrival of meal-kit services such as Blue Apron and Plated a decade later. Related View this story in its original print layout Density has also been instrumental to the growth of ride-hailing and car-sharing companies. Most of them, including Uber and Lyft first gained their footing in smaller cities, then made New York their biggest market. Via, the on-demand ride-pooling service, launched here in 2013, is the exception: Its founders chose New York, figuring riders packed together on subways and buses wouldn’t need much persuading to share a car with strangers, especially when it cost just $5. article continues below advertisement App- based transportation startups have flocked t...