StreetNoise

Potential rent hikes for stabilized units, foreclosures return, & more

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By Jennifer White Karp  |
April 15, 2022 - 10:30AM

New York City’s Rent Guidelines Board’s makes preliminary recommendation for a 2.7 to 4.5 percent increase for one-year leases and a 4.3 to 9 percent increase on two-year leases (The Real Deal)

Bidets are the high-end amenity showing up in new luxury condos (The New York Post)

The enforcement unit that follows up complaints of housing voucher discrimination has no staff members left (The City)

There were 87 foreclosures in NYC in the first quarter—after end of the moratorium (PropertyShark)

Complaints about construction defects rise at new luxury rental and condo buildings (The New York Times)

Crown Heights sue to overturn approval of a new development project at the historic Hebron Church site (Brownstoner)

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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.

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.

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