3,400 rent overcharge complaints, shocking conditions at East Village rental, & more
Conditions at a severely neglected rental building at 331 East 14th St. owned by landlord Daniel Ohebshalom include collapsing ceilings, rodents, squatters—and mushrooms growing out of the walls (Patch)
There’s a backlog of 3,400 rent overcharge complaints from rent stabilized tenants and only two dozen state agency staffers assigned to investigate them (Gothamist)
Storms like Hurricane Ida remind New Yorkers how vulnerable they are to flash floods (The New York Times)
Several Manhattan luxury townhouses asking $50 million or more find buyers despite the slowdown in the sales market (New York Post)
One economist predicts U.S. home prices could plunge as much as 20 percent next year as a result of rising mortgage rates (New York Post)
Watch out for the crevasse in the middle of your residence in this “excessively tall and overly slender” tower (The New Yorker)