Powerball winner Pedro Quezada is hosting a rent party — for his entire block.A close friend of the newly minted megamillionaire said Quezada promised to temporarily cover the housing costs for residents in the Passaic, N.J., neighborhood that housed his bodega.“He said he’s going to pay the rent for everybody here on this block for at least a month or two months,” the friend said Saturday outside Quezada’s Apple Deli Grocery. “He’s such a good guy.”Word of Quezada’s magnanimous gesture left several of his neighbors stunned.“God bless him, and thank you,” crowed Richard Delgado, 45, after learning of the pledge.RELATED: POWERBALL WINNER PUTS PASSAIC, N.J. BODEGA UP FOR SALEJohn Koblarz’s eyes lit up when he heard Quezada had offered to cover his neighbors’ rents.
This year, a telephone poll of 1,744 adult Arlingtonians revealed the fear, particularly among renters, of being forced out of their housing in the next five years because of rent increases. They have little hope of finding a replacement home within their ...more
And the fact that property taxes went unpaid didn't seem to matter.Swamped with thousands of homes abandoned by their owners, the city never got around to selling hers at a tax sale. And buying the place was also out of the question. Hardy couldn't begin ...more
People going through this feel psychologically tormented, said Brandon Kielbasa, a lead organizer at the Cooper Square Committee, an affordable housing advocacy group working on the Lower East Side and in the East Village. Form a tenants' association ...more
But sales of newly built homes fell in June and July, Commerce Department figures show. That could be a sign buyers are increasingly price sensitive and going for cheaper, existing units. Many families also continue to rent, driving up apartmentmore
One-third of adults over 50, and just over one-third of those over 80, are rent burdened and paying more than 30 percent of their income for housing. This often means they have to cut back on essentials like food and medications. Federal affordable ...more