April 10, 2025

After years of rising rent costs across the U.S., the market is finally shifting—and renters are starting to feel some relief. According to Redfin, the national median asking rent fell to $1,594 in December, down 6.2% from the August 2022 peak of $1,700. This marks the lowest level since March 2022, and it’s sparking questions […]

In the ever-changing landscape of New York City’s housing market, finding an affordable apartment can often feel like winning the lottery. That was certainly the case for one fortunate tenant who, back in 1975, secured a rent-stabilized apartment for $325 a month—a rate that remained remarkably consistent for nearly five decades. This apartment, located in