Biden’s illegal immigration surge triggered 30% rise in home prices, $ 20% in rents, Fed paper finds

A new Federal Reserve working paper found the record surge in illegal immigration during the Biden administration triggered higher home prices and rents. The findings arrive as immigration remains a polarizing political issue. Republicans argue former President Joe Biden’s border policies strained housing and public resources, while Democrats say immigration helped ease labor shortages…

A scam text showed up today that would make many parents stop cold. The message said: “Hi mom, text me here on my work phone. Dropped my actual phone in the sink earlier and it’s completely unresponsive now.” The text…

Billionaires’ Row tower signs new tenant

Anchorage Capital Advisors is the latest tenant to sign on at 125 W. 57th St., the 265,000 square-foot boutique office tower on Billionaires’ Row developed by global investment management firm Cain and Alchemy-ABR Investment Partners. The deal for two full…

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