StreetNoise

U.S. rents hit plateau, 14,700 affordable units for UWS, & more

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By Emily Myers  |
October 25, 2022 - 10:30AM
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Emily Myers for Brick Underground 

Under pressure from inflation, renters in the U.S. hit a breaking point, forcing landlords to ease off big increases (Bloomberg)

Manhattan's Community Board 4 unveils a plan for nearly 14,700 affordable two-bedroom apartments on the Upper West Side (W42ST)

A ballot proposal could allow New Yorkers in areas of high flood risk to sell their properties to the state or city (City Limits)

Brooklyn’s luxury market saw a burst of activity with 21 signed contracts last week, led by a $9 million townhouse, according to data from Compass (The Real Deal)

The 93-story Brooklyn Tower at 9 Dekalb Ave., the tallest building in Brooklyn, is nearly ready for its debut (BK Reader)

 

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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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