StreetNoise

NYC to enter Phase 2, no rent increase for stabilized apartments, & more

Headshot of Emily Myers
By Emily Myers  |
June 18, 2020 - 10:30AM

NYC will enter Phase 2 of the pandemic reopening process on Monday, June 22nd, which allows real estate showings to resume (Gothamist)

Days-on-market counters will resume on listing sites next week. The past three months will be counted as one day (The Real Deal)

freeze on rent increases was approved for 2.3 million tenants in the city’s rent-regulated apartments for the coming year (The New York Times) 

Governor Andrew Cuomo signed an executive order making Juneteenth a paid holiday for state workers (CBS Local)

A day of activism against evictions is planned to coincide with Housing Court reopening next week (press release)

The Brooklyn prices fell at the fastest rate in nine years due to falling demand and a glut of inventory, according to StreetEasy data (press release)

Headshot of Emily Myers

Emily Myers

Senior Writer/Podcast Producer

Emily Myers is a real estate writer and podcast host. As the former host of the Brick Underground podcast, she earned four silver awards from the National Association of Real Estate Editors. Emily studied journalism at the University of the Arts, London, earned an MA Honors degree in English Literature from the University of Edinburgh and lived for a decade in California.

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.

topics: