Landlords of small buildings want out, the rapid growth of co-living, & more
In the wake of the new rent laws, many small and mid-sized landlords—including families with rent-stabilized or rent-controlled units—are selling their buildings or preparing to sell (The Commercial Observer)
Are you a newlywed with a desire to leave NYC? Pittsburgh may be your best bet, according to a recent Destify study (press release)
A Corona man has been charged with manslaughter after he pushed his landlord to his death during a dispute over back rent (Gothamist)
There are an estimated 25,000 co-living rooms in NYC, a fraction of what is in the pipeline for this communal style of renting (The New York Times)
NYCHA's CEO Gregory Russ said that the agency needs an estimated $40 billion for building repairs (The Real Deal)
Sixty cars and a popular movie theater were damaged by a burst water main in the Upper West Side on Monday (NY Times)