StreetNoise

Rent hikes for stabilized tenants, affordable housing in the Hamptons, & more

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By Emily Myers  |
June 22, 2022 - 10:30AM
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Emily Myers for Brick Underground 

Rent increases of 3.25 percent are approved for tenants in stabilized apartments—the biggest hike in a decade. Two-year leases can be raised 5 percent (The City)

With a $40,000 per month lease signed in Brooklyn, it's clear landlords are testing the upper limits of what people will pay (The New York Times)

A community group in the Bronx gets $50,000 in a settlement with a law firm that gave damaging advice to tenants (Bronx Times)

The City Council considers an overhaul of the census on homeless people to more accurately reflect numbers (City Limits)

The Hamptons gets a proposal for affordable housing (The Real Deal via Sag Harbor Express)

A look at how lofts transformed from an affordable living option to luxury housing (CityLab)

 

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Emily Myers

Senior Writer/Podcast Producer

Emily Myers is a real estate writer and podcast host. As the former host of the Brick Underground podcast, she earned four silver awards from the National Association of Real Estate Editors. Emily studied journalism at the University of the Arts, London, earned an MA Honors degree in English Literature from the University of Edinburgh and lived for a decade in California.

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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