421-a fraud lawsuit, NYCHA repair backlog, & more

By Emily Myers | October 13, 2022 - 10:30AM

In a lawsuit, three real estate firms—Atlas Capital Group, Heatherwood, and Artimus Construction—are accused of fraudulently inflating rents while receiving 421-a tax breaks (City Limits)

On average, NYCHA takes 49 days to resolve non-emergency repair requests, two-and-a-half times longer than in 2019 (The City)

Dangerous storms put $242 billion worth of New York City real estate at risk of coastal flooding, according to a report (Bloomberg)

A co-op in the Bronx is awarded $100,000 to build a roadmap for buildings to install renewable energy systems (Habitat Magazine)

Mayor Eric Adams announces a plan to house 200 migrant families bused in from southern states at Row NYC, a hotel in Midtown (Gothamist)

Why so many celebrities are moving to Brooklyn Heights (The New York Times)

Emily Myers

Senior Writer/Podcast Producer

Emily Myers is a real estate writer and podcast host. As the former host of the Brick Underground podcast, she earned four silver awards from the National Association of Real Estate Editors. Emily studied journalism at the University of the Arts, London, earned an MA Honors degree in English Literature from the University of Edinburgh and lived for a decade in California.

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