rent

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The $1.2M Rent? Oakland A's Aren't Paying It

Team says it can't use venue due to shelter-in-place order

(Newser) - The Oakland Athletics have so far refused to pay the $1.2 million annual rent due April 1 for use of its city and county-owned ball park. Henry Gardner, interim head of the Coliseum Authority, tells the East Bay Times the Athletics "said because they haven't used [the... More »

The Rent Is Due. Now What?

Rent strikes being organized around the nation, but 'mom and pop' landlords struggling, too

(Newser) - The new month has arrived, which means the rent is due for millions of Americans. Combine that with off-the-charts unemployment and it adds up to misery not just for tenants but for many landlords, too. While many states and the federal government have put protections into place to stop evictions... More »

Man Felt 'Violated' After Landlord Text on Stimulus Check

Ore. man says property manager illegally accessed payment status via IRS site, asked for rent

(Newser) - On April 15, Austin Goodrich received his stimulus check from the government. That same day, he got some odd texts from his property manager, per Business Insider . In messages documented by Joshua Browder, CEO of the DoNotPay legal chatbot, Goodrich's landlord asked him, "You got your stimulus, just... More »

Michael Che Pays Rent for 160 People

Gift honors his grandmother, who died from COVID-19

(Newser) - Michael Che made sure everyone knew he was "Martha's grandbaby" during a weekend appearance on Saturday Night Live, in which he spoke about the grandmother who'd died of complications from COVID-19. Now he's honoring her in a big way. The SNL co-head writer took to Instagram... More »

A 'Staggering' Number Tied to the Virus

Data on 13.4M apartment rentals shows 31% of tenants hadn't paid as of Sunday

(Newser) - A lot of Americans failed to pay rent this month. As of Sunday, nearly a third of US apartment renters hadn't paid any amount of their rent, the Wall Street Journal reports, citing data from 13.4 million rental apartments, excluding single-family homes and subsidized affordable housing. Just 69%... More »

Cheesecake Factory: Sorry, We Can't Pay Rent Next Month

'Extraordinary events' due to coronavirus have forced the chain's hand, CEO David Overton says

(Newser) - If you've lost income due to the coronavirus outbreak and don't think you can make your rent payment for April, Cheesecake Factory can relate. In fact, the restaurant chain knows it can't make rent—and it has informed its landlords across the nation as such. "Due... More »

Flagship Stores Have a Serious Problem

Even Barneys New York is looking at possible bankruptcy

(Newser) - It used to be considered the retailer's crown jewel—a large format store on a swank corridor that showed off the best of what a brand had to offer. But now the so-called flagship store is disappearing from high-profile shopping thoroughfares like Manhattan's Madison Avenue and Chicago's... More »

In Los Angeles, a 'Disaster of Epic Proportions'

Spike in homelessness tied to increasing rents, lack of affordable housing

(Newser) - Despite $619 million spent to end homelessness around Los Angeles in 2018, the situation only got worse. Over the last year, the number of people living on the streets, in vehicles, or in shelters rose 12%, to just under 59,000 in Los Angeles County, and climbed 16% to 36,... More »

She Died at 84. Then People Found Out About Her NYC Rent

Late actress Patricia O'Grady was forking over $28.43 a month for Greenwich Village apartment

(Newser) - The subject of rent control has prompted some big headlines over the past few years, but one out of Manhattan will likely cause fellow city dwellers' jaws to drop. A New York Times obituary notes that in March, 84-year-old Patricia O'Grady was hit by a car near her Greenwich... More »

Startup Gets Renters Into Chi-Chi SF Apartments Cheap

By putting one person in a bedroom made from the living room

(Newser) - If $1,125 sounds like a steal for a San Francisco apartment rental, it is—but you get what you pay for. Business Insider reports on the "real-estate bliss" being offered to the city's "desperate renters" by startup HomeShare , which has since 2016 leased apartments in luxury... More »

SF Man Has to Stop Living in Box in Friend's Living Room

Peter Berkowitz's brilliant $400 rent idea was an illegal one

(Newser) - It seemed brilliant, so long as you're not claustrophobic: In early March, Peter Berkowitz armed himself with a few friends and a few tools and built a 32-square-foot wooden box, euphemistically referred to as a "bedroom pod," and placed it in a friend's living room. With... More »

These NYC Apartments Offer Little Privacy, Free Beer

WeLive communal spaces available for $1,375 monthly

(Newser) - Sleeping behind a curtain in Manhattan is now as affordable as $1,375 per month. The WeWork team known for communal work spaces has just launched a building of communal living spaces in New York City's Financial District where rent starts at $1,375 monthly. That price will get... More »

Anonymous Donor Covers Entire Complex's Rent

That's a 38-unit, $25K tab

(Newser) - The days before Christmas are typically replete with stories of extreme generosity—like those annual tales of huge Salvation Army kettle donations —but as for what happened in Newpark, Utah, well, "I have never seen anything of this magnitude in the 10 years that I have been doing... More »

SF's Rent Just Got Even More Ridiculous

Median price for a 1-bedroom unit reaches $3,620 per month

(Newser) - You think rent prices are bad in your area? You really shouldn't complain, unless you live in San Francisco. There, a one-bedroom apartment rents for a median price of $3,620 per month—up 13% since last year and $90 since last month—making San Francisco the most US... More »

Engineer: I Dodged SF Rent, Live in Spider-Filled Van

Rents too damn high, send female software engineer to live in camper

(Newser) - Katharine Patterson has to be very quiet when she's typing at night. Not because she's afraid of disturbing a sleeping spouse or baby, but because she doesn't want anyone in her San Francisco Bay neighborhood to hear sounds coming from inside the van where she lives. In... More »

Brooklyn Deli Puts Its Window Display on Airbnb

The owner is facing a proposed rent hike from $4K to $10K

(Newser) - Fed up with the disappearance of many mom-and-pop shops on Atlantic Avenue in Brooklyn, two regular customers of Jesse's Deli, a bodega run by Jesse Itayim, are trying to help this one stay. After learning that the shop might have to move now that the landlord is trying to... More »

New York's Priciest Rental: $165K a Month

Astor Suite at the Plaza is now on the market

(Newser) - New York's most expensive rental is now available, and it's a steal at $165,000—some $15,000 more than the runner-up. The 5,087-square-foot Astor Suite at the Plaza boasts three bedrooms, five bathrooms, and a library, not to mention a separate apartment for guests. The suite... More »

How One New Yorker Lives in 90 Square Feet

Felice Cohen makes every inch count in her tiny Manhattan apartment

(Newser) - Felice Cohen's Manhattan studio is all of 90 square feet, and she seems to have plenty of room for all the necessities. “I think a lot of people have a lot of space that they’re not using," she explains in a video from faircompanies . It also helps... More »

Obama Streaker Won't Score $1M, Will Go Rent-Free

Man gets 'consolation prize' for advertising website

(Newser) - The man who stripped to his sneakers and charged through a Philadelphia Obama rally won’t be getting the $1 million he expected—but he won’t have to worry about rent for 6 months, reports the Philadelphia Inquirer . The billionaire who commissioned the public nudity says streaker Juan Rodriguez... More »

Cost of Nancy Pelosi's New Office? $18K. Per Month.

It's almost double what the next biggest spender in the House pays

(Newser) - Speaker Nancy Pelosi has moved her district offices to a new building in San Francisco, to which she now pays $18,736 in monthly rent. The space is nearly a third larger, at quadruple the cost of the old office. The next highest monthly office rent for a member of... More »

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