Tens of thousands of affordable apartments in New York City are reportedly being kept vacant. Landlords say they can’t recoup renovation costs under current rent caps (Business Insider)

Social climbers: An ant species from Europe is making the city its home and is not deterred by apartments on upper floors (The New York Times)

A $74.34 million penthouse on Fifth Avenue, across the street from Trump Tower in Midtown, is the biggest sale of the year so far (New York Post)

Adjustable-rate mortgages (ARMs) are making a comeback (CNBC)

Tenants at 1349 Stratford Ave. in the Bronx who have been without gas for six months sue their landlord (Daily News)

Staging tips to get more money out of your sale (The New York Times)