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Manhattan prices begin to 'stabilize,' fighting an 80 percent rent hike, & more

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By Jennifer White Karp  |
October 6, 2023 - 2:30PM
Rainy day in the Noho section of Manhattan

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This week, readers turned their attention to Manhattan’s co-op and condo sales market. The median sales price slipped in the third quarter year over year, as it has done for the past four, consecutive quarters. But it was the smallest decrease so far and a sign that prices are beginning to stabilize.

Also of interest: A long-time renter wants to know if an 80 percent rent hike is legal. Because the renter lives in a market-rate apartment, the answer is yes.

Here are this week's top five posts:  

1) Manhattan co-op and condo prices appear to be ‘stabilizing’

2) Can I fight an 80 percent rent hike for my Brooklyn apartment?

From Staten Island to Long Island City: I won a housing lottery apartment so my wife and child could finally join me

4) New bill would provide relief to some condos and co-ops facing Local Law 97 fines

5) Is your neighbor harassing you? Follow these 4 steps to handle the problem

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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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