By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
The GenerationThe GenerationThe Generation
  • USA
    USA
    Show More
    Top News
    Dad charged with murder after 10-year-old son dies in rollover crash, TX officials say
    September 4, 2023
    Claudia Goldin wins 2023 Nobel economics prize
    October 11, 2023
    Marijuana Smoke May be Harmful to Health, Can Affect Your Heart
    November 2, 2023
    Latest News
    MAHA Report on US Children’s Health Targets Food and Drug Marketing
    September 10, 2025
    24 Years After 9/11: Honoring the Lives We Lost
    September 10, 2025
    Trump Will Announce Space Command is Moving From
    September 10, 2025
    Trump’s use of National Guard During LA Immigration Protests is Illegal, Judge Rules
    September 10, 2025
  • New York
    New York
    Show More
    Top News
    Bangladeshi Actor achieve international in US
    October 26, 2023
    NY District Cancels Classes After Multiple Fights Break out at Same Time at High School
    November 24, 2023
    Winter Weather Arrives As NYC Migrant Crisis Worsens
    December 20, 2023
    Latest News
    24 Years After 9/11: America Remembers With Silence and Unity
    September 11, 2025
    Here’s Where Things Stand in the New York City Mayor’s Race
    September 10, 2025
    Powerball Jackpot Soars: No Winner for $1.4B Prize, Next Drawing Jumps to $1.7B
    September 4, 2025
    Bronx Shooting Leaves 1 Dead, 4 Injured as Gunmen Open Fire, Crash Getaway Car
    September 3, 2025
  • Politics
    Politics
    Show More
    Top News
    Joe Biden Plans To Ban Logging In US Old-growth Forests In 2025
    December 26, 2023
    Donald Trump Ranked As Worst US President In History, With Joe Biden 14th
    February 29, 2024
    Lawmakers Say They Should Analyze Protests Response
    May 31, 2024
    Latest News
    ‘A colossal train wreck’: U.S. energy chief slams odds of net zero by 2050
    September 13, 2025
    US Supreme Court Allows Trump to Remove FTC Member for Now
    September 13, 2025
    Trump Administration Launches ICE Crackdown: ‘Operation Midway Blitz’ Targets Chicago
    September 13, 2025
    Rudy Giuliani Injured in New Hampshire Car Crash
    September 3, 2025
  • World
    World
    Show More
    Top News
    Arab League slams Israel siege of Gaza, demands aid for Gazans
    October 12, 2023
    Bangladesh hands over humanitarian aid to Palestine
    October 31, 2023
    Hezbollah’s anti-ship missiles bolster its threat to US navy
    November 9, 2023
    Latest News
    Nepal Army Takes Charge of Security as Protests Topple Prime Minister
    September 10, 2025
    New Quake of Magnitude 5.5 Shakes Devastated Afghan Region as Death Toll Exceeds 1,400
    September 10, 2025
    UN Chief Calls for Climate Justice, Reforms in Global Financial Architecture
    September 10, 2025
    US Seeking Regime Change
    September 10, 2025
  • Finance & Business
    Finance & Business
    Show More
    Top News
    How Banks And The Fed Are Preparing For A US Default – And Chaos To Follow
    September 3, 2023
    Corporate Greed is not to Blame for High Inflation, SF Fed Says
    June 16, 2024
    Latest News
    Corporate Greed is not to Blame for High Inflation, SF Fed Says
    June 16, 2024
    How Banks And The Fed Are Preparing For A US Default – And Chaos To Follow
    September 3, 2023
  • EpaperNew
Search
  • About Us
  • Our Awards
  • My Bookmarks
  • Opinion
  • Crime
  • Science & Technology
  • Entertainment
  • Sports
  • Economy
  • Fashion
  • Election
  • Feature
  • Charity
  • Literature
  • Security
  • US & Canada
  • Nature
  • Cooking
Copyright @2023 – All Right Reserved by The Generation.
Reading: A $1,250 2 Bedroom in NYC? Here’s why it’s been Empty for 16 Months.
Share
Notification Show More
Font ResizerAa
Font ResizerAa
The GenerationThe Generation
  • USA
  • New York
  • Politics
  • World
  • EpaperNew
Search
  • Crime
  • Economy
  • Election
  • Entertainment
  • Opinion
  • US & Canada
  • Finance & Business
  • Charity
  • Cooking
  • Fashion
  • Feature
  • Literature
  • Nature
  • Science & Technology
  • Security
  • Sports
Follow US
  • About Us
  • My Bookmarks
Copyright @2023 – All Right Reserved by The Generation.
Photo by Michael Hnatov, courtesy of GMDC
New York

A $1,250 2 Bedroom in NYC? Here’s why it’s been Empty for 16 Months.

Published February 19, 2025
Share
3 Min Read
SHARE

Tuesday,
February 11, 2025
Year : 2, Issue: 24

Gothamist: The two-bedroom apartment on Tiebout Avenue in the Bronx boasts a remodeled kitchen, polished hardwood floors, new plumbing and new electrical systems. It’s a fourth-floor walkup, but the monthly rent is just $1,250.85, and the unit is reserved for families earning no more than $101,000 a year.
Yet, the renovated apartment has been sitting empty since September 2023. The owner, a nonprofit development corporation called University Neighborhood Housing Program, is desperate to rent it to a family, but its leaders say the city’s bureaucratic rules have kept them from doing that for nearly a year-and-a-half.
“It’s infuriating,” said Brendan Mitchell, University Neighborhood Housing Program’s director of real estate. “It goes against everything we believe in to have vacant units sitting there throughout a housing crisis while people we are serving are just dying to get into an apartment in the neighborhood.”
A new report from the New York Housing Conference found that hundreds, if not thousands, of similar apartments sit empty for months after tenants leave. That’s because of city rules that require landlords to sift through long lists of people registered in the city’s housing lottery system, instead of permitting owners to list them on the market or allowing would-be renters to apply directly, according to the report. Its authors say the delays are exacerbating the city’s already severe housing shortage, and are calling for changes to move tenants into empty affordable apartments faster.
“New Yorkers are desperate for affordable housing and we have affordable housing units that are not being rented today because they are getting delayed by the city’s re-rental rules,” said Rachel Fee, who is the New York Housing Conference’s executive director and a former official at the city’s housing agency.
It’s unclear how many vacant apartments are held up in the process citywide. The rules that require landlords to contact potential tenants were intended to make the process for filling empty affordable apartments more equitable. Fee said they apply to tens of thousands of apartments owned by private companies and nonprofit groups that qualify for tax breaks or loans from the city in exchange for pricing the units for low- and middle-income renters. The wait times are longest for older apartments that are renovated and kept affordable after the owners receive funds and tax breaks from the city, according to the report.

You Might Also Like

24 Years After 9/11: America Remembers With Silence and Unity

Here’s Where Things Stand in the New York City Mayor’s Race

Powerball Jackpot Soars: No Winner for $1.4B Prize, Next Drawing Jumps to $1.7B

Bronx Shooting Leaves 1 Dead, 4 Injured as Gunmen Open Fire, Crash Getaway Car

Political ad Spending Expected to hit new Record, Surpassing 2022 Midterms by 20%

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Whatsapp Whatsapp Copy Link Print
Previous Article Is Bangladesh Plunging Into Political Chaos Once Again?
Next Article Brooklyn Borough President: Adams Thinks He’s ‘Untouchable’

Stay Connected

1.2kFollowersLike
13kFollowersFollow
1.2kFollowersFollow
1.4kSubscribersSubscribe

Latest News

Donald Trump is weaker than he looks
Opinion September 13, 2025
‘A colossal train wreck’: U.S. energy chief slams odds of net zero by 2050
Politics September 13, 2025
US Economy Added 911,000 Fewer Jobs than Previously Reported
Economy September 13, 2025
US Supreme Court Allows Trump to Remove FTC Member for Now
Politics September 13, 2025
$324 Trillion Debt—Where Is the Global Economy Heading?
Economy September 11, 2025

Quick links

  • About Us
  • Our Awards
  • My Bookmarks

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Editor
Sadia J. Choudhury
Executive Editor
Shah J. Choudhury, Mubin Khan & Salman J. Choudhury
Member of Editor’s Board
Husneara Choudhury, Fauzia J. Choudhury, Santa Islam & DevRaj A. Nath.

A Ruposhi Bangla Entertainment Network

By

Office Address
New York Office:
70-52 Broadway 1A, Jackson Heights, NY-11372, United States.
Contact
Tel: +1 (718) 496-5000
Email: info@thegenerationus.com
newsthegeneration@gmail.com
The GenerationThe Generation
Follow US
Copyright @2023 – All Right Reserved by The Generation.