Wall Street bonuses fuel luxury sales, towers planned for Broadway Junction, & more

By Jennifer White Karp | March 25, 2022 - 10:30AM

Luxury real estate is booming thanks to Wall Street bonuses that rose by 15 percent or more from last year (The Real Deal)

Totem Group, a Booklyn-based developer, wants to build four buildings in blighted Broadway Junction in Brooklyn, including two residential towers with about 650 below-market housing units (Brooklyn Paper)

Council member Crystal Hudson introduces a bill that would raise the minimum temperature in apartment buildings during heat season (The Real Deal)

New York City lost more than 300,000 residents through June 2021, but city officials say that pattern later reversed itself (The New York Times)

Opinion: Part of the solution to NYC’s homeless crisis is funding the Housing Access Voucher Program (amNY)

Tips on prepping your outdoor space now before the weather turns warm (The New York Times)

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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