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New York’s affordability crisis worsens as half of households can’t make ends meet, study finds
Posted OnMay 16, 2023 byCrain’s New York | Nick Garber | April 25, 2023 Half the city’s households do not make enough money to meet their basic needs, a new milestone in the city’s affordability crisis, according to a report released today. That 50% figure comes from the “true cost of living” report by the Fund for New York City and…Read More…
It’s Time to Solve New York’s Affordable Housing Crisis
Posted OnMarch 2, 2023 byEmpire Report | January 21, 2023 As state leaders convene for the upcoming legislative session, they are rightfully focused on trying to end the affordability crisis threatening livelihoods of across the state. To successfully solve the crisis at its core, our elected officials need to address the factors causing the suffering and find viable solutions…Read More…
New York City’s Rent and Wage-Growth Gap Has Hit a Record High
Posted OnFebruary 22, 2023 byCurbed | October 7, 2022 As you probably already know, New York City rents hit record highs this summer — a 13.4 percent increase over last year. And according to a new StreetEasy report, wages were down citywide by nearly 10 percent during the same period in August, meaning the gap between rent and wage growth was…Read More…
Disparity between wage growth, rent increases hits 14-year high in New York
Posted OnFebruary 22, 2023 byCrain’s New York Business | October 6, 2022 The chasm between what New Yorkers earn and what they pay in rent is the highest it has been in more than a decade, according to a new StreetEasy report. Rent growth outpaced wage growth in New York by 23% in August, marking the largest gap since…Read More…
Gap between NYC wage growth and rent growth is widest since 2008: report
Posted OnFebruary 22, 2023 byNew York Daily News | October 6, 2022 Rents are up, pay is down and New Yorkers are being left out in the cold. That’s the grim assessment of a new report that says the gap between wages and housing costs across the city is the widest since 2008. Rent growth outpaced wage growth by…Read More…
Carpenters & Contractors Unions Spread Holiday Cheer with Children’s Toy Drives in The Bronx
Posted OnJanuary 9, 2023 byBy: Síle Moloney, Norwood News The New York City & Vicinity District Council of Carpenters, and the Carpenter Contractor Alliance of Metropolitan New York delivered over 1,734 toys to children throughout The Bronx and New York City during the holiday season in December 2022. The unions partnered with local elected officials and community organizations for…Read More…
Carpenters and Contractors Bring Holiday Cheer to Families
Posted OnJanuary 9, 2023 byBy: Brooklyn Eagle This holiday season, the New York City & Vicinity District Council of Carpenters and the Carpenter Contractor Alliance of Metropolitan New York delivered over 425 toys to kids throughout Brooklyn. Partnering with local elected officials and community organizations, the union carpenters and contractors of New York participated in 5 toy drives throughout…Read More…
Union carpenters, contractors spread holiday cheer with children’s toy drives in the Bronx
Posted OnJanuary 9, 2023 byBy: Bronx Times The New York City & Vicinity District Council of Carpenters and the Carpenter Contractor Alliance of Metropolitan New York delivered more than 1,734 toys to children throughout the Bronx and New York City this holiday season. They partnered with local elected officials and community organizations for seven events throughout Bronx and many…Read More…
Union Carpenters, Contractors & Catholic Charities Donated Gifts
Posted OnJanuary 9, 2023 byBy: Queens Latino The New York City & Vicinity District Council of Carpenters and the Carpenter Contractor Alliance of Metropolitan New York delivered over 1,734 toys to children throughout Queens and New York City this holiday season. They partnered with local elected officials and community organizations for 3 events throughout Queens and many more throughout…Read More…
Gap Between NYC Wage Growth and Rent Growth Widens
Posted OnDecember 24, 2022 byStreetEasy | October 6, 2022 Rent growth outpaced wage growth by 23% in NYC in August after adjusting for inflation – the widest gap since the 2008 financial crisis (aside from another sizable gap in 2020 which was caused by a temporary but unprecedented disruption in real estate activity due to the COVID-19 pandemic). Real…Read More…