Brick Underground

New leases rose sharply for the Manhattan, Brooklyn, and Queens rental markets in December, according to the latest Elliman Report. “For the third straight month, new lease signings rose to their highest level for the current month since the financial crisis,” says Jonathan Miller, president and CEO of appraisal firm Miller Samuel and author of the report.

Free legal assistance is available for New Yorkers facing eviction—which in the coming months is expected to become a major crisis here with thousands of New Yorkers facing pending eviction warrants. 

Build Only is the most traditional process in the renovation industry. The design firm or architect is first hired by the homeowner to deliver design documents. Once these are complete, the homeowner then solicits bids from contractors to perform the construction work.

Over the next few days (with the exception of Christmas and New Year’s Day, when we'll be taking a break), we’ll be posting our most popular and instructive stories of 2020.

The second stimulus package passed by Congress includes a one-month extension of the Center for Disease Control's nationwide eviction ban. This extends protections for eligible tenants until the end of January 2021.

Where are the deals in NYC and how do you find them? In this episode of the podcast, John Walkup, co-founder of the real estate analytics firm UrbanDigs, provides some context for what’s happening in the market right now. He also has advice to buyers about how to identify a motivated seller.