Dr. Aldrin Bonilla, executive vice president at the Fund for the City of New York, details the early findings of the “True Cost of Living” report during a press conference at the FCNY’s offices in Lower Manhattan.
Dr. Aldrin Bonilla, executive vice president at the Fund for the City of New York, details the early findings of the “True Cost of Living” report during a press conference at the FCNY’s offices in Lower Manhattan. ( Photo:Ralph R. Ortega)

Average annual rent for a two-bedroom unit in south Manhattan exceeds $48,000 a year, a figure that rivals or exceeds the yearly earnings of many low-wage workers, says a report from the Fund for the City of New York.

Nearly Half of NYC Households Struggle Financially: Study
28 May 2026 | 11:33
News

Nearly half of NYC households struggle to meet basic financial needs and the burden in affording basic needs falls heaviest on Hispanic and Black families throughout New York City, a new analysis prepared for the Fund for the City of New York finds.

Income disparities split sharply along racial and ethnic...

News
Middle School Students seek signatures to a petition to the Department of Education, urging the city restore the provider of its after school arts program. The DOE’s Department of Youth & Community Development is switching from Manhattan Youth to another provider at some but not all middle schools.
Middle School Students seek signatures to a petition to the Department of Education, urging the city restore the provider of its after school arts program. The DOE’s Department of Youth & Community Development is switching from Manhattan Youth to another provider at some but not all middle schools. ( Captured By: Aiana Jones )

Menin Joins Student Fight to Restore Afterschool Provider
27 May 2026 | 06:05

Students, parents and community members rallied outside Robert F. Wagner Middle School at 220 E. 76th...

Go back
  • 1
  • 2
Go forward