Luxury rentals in Mott Haven, reverse mortgages for co-ops, & more
New York City rents are higher than last year, but they’re just following a long-term trend (Forbes)
What co-op shareholders need to know about reverse mortgages now that they’re eligible (PropertyShark)
Third at Bankside is a new luxury rental building in Mott Haven, part of a seven-tower project on the Harlem River (New York Post)
Mayor Eric Adams announces that neglected properties in Jamaica, Queens, will be redeveloped into green homes and sold as affordable housing (Queens Daily Eagle)
The City Council votes to delay the Housing and Vacancy Survey, which determines if the city will continue to have rent stabilization regulations (PoliticsNY)
What it’s like living in Englewood, New Jersey, a cosmopolitan suburb (The New York Times)