DOB inspector arrested, barring background checks on tenants, & more
An inspector with Department of Buildings was arrested on charges of working in the construction industry while on approved medical leave. He was collecting salaries from both jobs (Brooklyn Eagle)
Developers of brand-new rental buildings are starting to dial back the generous concessions offered during the pandemic (The New York Times)
Legislation before the City Council would bar landlords and brokers from conducting criminal background checks on prospective tenants (City Limits)
State officials say they have received more than 63,000 applications for pandemic rent relief in the first week (WNYC)
A record-breaking 2.38 million riders rode the subway on June 9th—the largest number of commuters since the pandemic began, according to the MTA (amNewYork)
There are fears the Federal Reserve could scale back its buying of $40 billion worth of mortgage bonds each month (The Real Deal via Bloomberg)