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State Sen. Brian Benjamin has proposed a bill that aims to give New York renters a much-needed break. The Harlem Democrat’s bill is modeled after the federal version proposed by Sen. Kamala Harris and would entitle lower-income tenants to a refundable tax credit if their rent and utilities account for a significant portion–over 30 percent–of their income, the Daily News reports.
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Photo via Jeffrey Zeldman’s Flickr
While amenities like on-site laundry and air conditioning are big selling points in New York City rentals, the building’s proximity to the subway remains one of the most important factors when looking for new digs. And like other amenities, there is an added cost to live near the subway. New data from RentHop breaks down how much renters can save by living further from the subway in Manhattan, Brooklyn and Queens. According to their report, as Curbed NY reported, apartments closest to the subway cost 6 to 8 percent more than the borough median, with the furthest costing 8 to 10 percent less.
When looking for that perfect city abode, apartment hunters often create a list of must-have amenities that also fit within a budget. Now, thanks to Priceonomics and Renthop, you can determine which apartment features have the greatest impact on the overall rent. While the number of bedrooms and bathrooms drive up rent prices the most, the research found that having a doorman, an elevator, available parking and/or laundry-in-building most likely would increase the total rent. In a closer look at NYC, the data shows having a doorman creates the biggest increase of rent in the city, adding about $260 each month.
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Our ongoing series “My sqft” checks out the homes of 6sqft’s friends, family and fellow New Yorkers across all the boroughs. Our latest interior adventure brings us to chef Devin Gaffney’s Central Park South home. Want to see your home featured here? Get in touch!
Whenever 57th Street and the few blocks that cluster Central Park South make the news, headlines usually swirl around how there’s a brand new multi-billion dollar tower on the rise or how a condo in One57 just broke some city record. But lest we forget, many mere mortals like ourselves still fill out the more elfin edifices surrounding these supertalls.
One such resident is Devin Gaffney, a chef (he’s whipped up dishes at Brooklyn’s beloved Speedy Romeo and No. 7) who not only grew up in the area, but moved away, spent 10 years in Brooklyn, and then moved back to the island into the same apartment he called home during his formative years. Ahead, Devin takes us through his eclectic, art-filled (many works centuries-old) classic six in a 1913 construction built for musicians just a block from Carnegie Hall, a block from Central Park, and right smack in the middle of one of New York City’s most coveted and most expensive areas.
Go inside Devin’s home here