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Buildings say no to Airbnb, the premium for renting alone, & more

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By Jennifer White Karp  |
March 10, 2023 - 4:30PM
Woman going for grocery shopping in an open street market in New York, NYC.

lechatnoir/E+ via Getty Images

This week, Brick Underground readers who are landlords or co-op and condo board members got the first chance to sign up for New York City’s Prohibited Building List, which is a database of buildings that do not allow short-term rentals. It’s part of NYC’s new Local Law 18, intended to put illegal short-term rentals back on the market as long-term rentals and ease the housing crisis.

Also of interest: Not only are NYC rents stuck at stratospheric heights, but rents for studios and one bedrooms are tracking higher relative to other apartment sizes. There’s high demand for living alone—and renters willing to pay the necessary premium.

Here are this week's top five posts: 

1. NYC's Prohibited Buildings List banning short-term rentals goes live

2. From Boerum Hill to Prospect Lefferts Gardens: After years of renting, we wanted to buy a condo with amenities

3. How to tell if a NYC basement apartment is a legal rental

4. The roommate dilemma: It's much more expensive to rent an apartment in NYC all by yourself now

5. What is a pied-à-terre? What makes it different from a typical NYC apartment?

From our sponsors:

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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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