rental

While being a landlord is not for the faint of heart, you benefit from rental income, appreciation and tax deductions.

High home prices and forbidding mortgage rates have made long-term rentals the preferred solution in recent years for many young professionals.

The gated property had been on and off the market for years, both as a rental and for sale.

But with the median Manhattan apartment rental costing more than $4,600 a month, and Mamdani finding his strongest supporters in the outer boroughs, the haves and have-nots are, quite literally, further apart than ever.

Many young renters are now treating rental properties like starter homes, spending thousands of dollars on decorating and furnishing those homes.