Why some buildings flood, 'pocket' listings on the rise, & more
The reason some New York City buildings and subway stations experience massive flooding during storms? They are built on former wetlands and old, paved-over stream beds (The New York Times)
Developer Two Bridges files permits for a massive tower with affordable housing at 265 South St. on the Lower East Side (New York Yimby)
Pocket listings—when brokers sell a listing through private networks instead of the open market—skyrocketed in the U.S. during the pandemic (The New York Times)
The U.S. Army Corps of Engineers recommends raising the height of 14,000 houses along Long Island’s South Shore as climate change threatens the area (The Real Deal via Newsday)
A $60 million deal is finalized to build 101 affordable apartments in the Bronx (press release)
Here's advice on creating a bold accent wall with pattern and colors (Architectural Digest)