StreetNoise

Buyers of Trump real estate increasingly shadowy, investors turn to East New York, more

Alanna Schubach
By Alanna Schubach  |
January 11, 2018 - 11:30AM

The Lower East Side's Sunshine Cinema is closing later this month, to be replaced by an office building (Bowery Boogie) 

Most recent buyers of Trump-branded real estate are keeping their identities secret (USA Today)

A bodega owner is sheltering homeless men in his store's basement, "because they don't have, and I do" (New York Times) 

A Coney Island assemblywoman is accused of receiving Hurricane Sandy housing relief under false pretenses (Brooklyn Paper) 

As luxury buildings in Long Island City, Williamsburg, and elsewhere are becoming less of a sure investment, developers are looking to East New York, Far Rockaway, and the Bronx (The Real Deal)

The housing shortage isn't just a New York thing: Last year the fewest homes were listed for sale in a generation (New York Times)

Alanna Schubach

Alanna Schubach

Contributing writer

Contributing editor Alanna Schubach has over a decade of experience as a New York City-based freelance journalist.

Brick Underground articles occasionally include the expertise of, or information about, advertising partners when relevant to the story. We will never promote an advertiser's product without making the relationship clear to our readers.

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