Inside the affordable housing crisis in NYC, celebs drive up real estate prices, more

By Georgia Kral | August 2, 2017 - 11:59AM

NYC is in the midst of a "humanitarian emergency," mostly in relation to the displacement of residents due to the affordable housing crisis (The New York Review of Books)

Apartment vacancies will rise above 10 percent, a new report suggests, which could mean that prices would fall. But housing experts say the forecast is less gloomy than it sounds (Wall Street Journal)

Crime in NYC public schools is at its lowest in 19 years (The New York Times)

Brooklyn on top again: out of the 10 biggest retail leases signed in July, most were in the borough (The Real Deal)

The new Nitehawk Cinema in Park Slope, which is replacing the Pavilion, won't open until 2018 (DNA Info)

"Herd mentality:" People want to live where celebs do, which has caused real estate prices in neighborhoods flush with them to rise sky high (New York Post)

The inside story of Bay Ridge's "Gingerbread House," a rare example of an Arts & Crafts style home (Brownstoner)

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