Basement apartments provide affordable housing options in crowded urban hubs like New York City, where the average rent for a Manhattan apartment is $4,140, according to RENTCafé data. But far too ...

As homeowners face rising monthly expenses for utilities, insurance, property taxes and loan payments, they may look around their home and see potential revenue from an unused basement. Fantasizing ...

Thinking of turning that extra space into a real rental? From permits to practical steps, here's what you need to know before calling it a legal apartment.

State legislators left basement apartments out of their budget proposals, but two Manhattan Democrats have pitched a new path to legalization. Sen. Brian Kavanagh and Assembly member Harvey Epstein on ...