End of the NYC exodus, 'avoidable foreclosures,' & more

By Jennifer White Karp | April 5, 2021 - 10:30AM

The Consumer Finance Protection Bureau is warning that millions of borrowers may face “avoidable foreclosures” when pandemic forbearance relief lapses (Bloomberg)

End of the exodus: A real estate analyst sees fewer people leaving the city and more returning (New York Post)

A proposed rezoning for Soho and Noho would allow 3,200 additional apartments over the next 10 years, including approximately 800 affordable units (The New York Times)

Governor Andrew Cuomo and six other Democratic governors urged President Joe Biden to end to the state and local tax deduction cap (New York Post)

Whether by economic necessity or choice, more people are living in vans and other tricked-out vehicles (The New York Times)

Discount grocery store Lidl is opening its first location in Queens on Wednesday in Astoria (QNS)

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.

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