Rents outpace minority incomes, new pandemic relief for landlords, & more

By Jennifer White Karp | October 8, 2021 - 10:30AM

The average Black and Latinx households in New York City need more than double the income to comfortably afford the city’s median rent, while the typical white household only need a 17 percent increase in earnings, according to a new report from StreetEasy (press release)

The City Council passes a bill that requires the mayor to create a plan to deal with the threat of climate change (The New York Times)

Landlords with tenants who refused to register for pandemic rent aid can apply to a new $125 million rent relief fund (The Real Deal)

Renters and owners living on 183rd Street in Hollis, Queens, have suffered from extreme floods for decades (Gothamist)

Love Hulu’s "Only Murders in the Building?" You could live there, or at least at The Belnord, the grand Upper West Side building on which the series is based. A model residence just hit the market for $6,475,000 (press release)

Midtown has the highest percentage of vacant storefronts out of any other neighborhood in the city (New York Post)

Jennifer White Karp

Managing Editor

Jennifer steers Brick Underground’s editorial coverage of New York City residential real estate and writes articles on market trends and strategies for buyers, sellers, and renters. Jennifer’s 15-year career in New York City real estate journalism includes stints as a writer and editor at The Real Deal and its spinoff publication, Luxury Listings NYC.

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