The Rent Guidelines Board is now considering potential rent increases of zero to 2 percent on one-year, rent-stabilized leases and 1 to 3 percent on two-year leases. A final vote is June 23rd (abc7)
Two landlords in Brooklyn and Queens were hit with major fines for illegal additions including seven SRO-units (The Real Deal)
Governor Andrew Cuomo made calls to business leaders encouraging them to lobby against the SALT cap (CNBC)
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.
