Sales of apartment buildings plummet, a housing plan for shelter residents, & more

By Austin Havens-Bowen | October 31, 2019 - 11:00AM

Chilling effect: According to a new PropertyShark report, sales of apartment buildings have dropped 76 percent as a result of the new rent laws (press release)

The City Council is set to vote on a plan that would require city-funded developers to set aside 15 percent of rental units for those living in the city’s shelter system (Gothamist)

Seven years after Hurricane Sandy, only two out of 35 NYCHA complexes damaged in the storm have been repaired (The City)

Ninety-four new apartments in Hunts Point are available through the city's affordable housing lottery, with studios starting at $748 a month (Welcome2TheBronx)

The Soho loft featured in the first season of MTV's "Real World" is back on the market at a reduced price of $6.8 million (6sqft)

Ditmas Park was left off a census map. Ouch (Patch)

Austin Havens-Bowen

Writer

Austin Havens-Bowen is a writer and reporter. He previously covered local news for the Queens Ledger and The Hunts Point Express in the Bronx. He graduated from Hunter College with a BA in media studies. He rents a one-bedroom apartment in Astoria with his boyfriend and their two cats.

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