Half of NYC's eateries may fail, an easier way to timeshare, & more

By Jennifer White Karp | October 5, 2020 - 10:30AM

As many as half of all NYC bars and restaurants may close in the next six months as a result of the pandemic, as per an audit by state comptroller Thomas DiNapoli (New York Post)

New York City is not as high a risk for a real estate bubble as some other cities around the world (CNBC)

James W. Cahill, a powerful union leader who represents 200,000 construction workers, was indicted on racketeering and fraud charges (The New York Times)

The number of Manhattan office leases are down 50 percent compared to last year (The Real Deal)

The founder of Zillow wants to streamline fractional ownership of second homes (The Real Deal)

Brooklyn Public Library and Brooklyn Historical Society are combining their century-old resources to create the Center for Brooklyn History, which will open in 2021 (press release)

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.

SEE MORE BY Jennifer White Karp »

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.