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 ...

Vanita Maloney knows there’s more than enough room in her home in East Flatbush, Brooklyn, to house other New Yorkers. She’s eager to rent out her basement. But she can’t. A city pilot program to ...

It never fails to amaze me how some agreements of purchase and sale continue to use creative language to describe illegal basement apartments. Over the years, I have seen purchase agreements using ...