Brick Underground

A new survey from LendingTree found that three in 10 sellers admit to using a hidden camera during open houses. Most said it was to gain insight into what buyers do and don’t like about the property.

If you're a Manhattan renter who moves to another Manhattan apartment with an additional bedroom, you'll pay an average of $1,592 more than what you’re currently paying in rent—the most anywhere in the U.S. 

New York legalized buyer's rebates back in 2014 to reduce costs for buyers and boost competition among brokers. Typically, a buyer's rebate ranges from half a percent to one percent but using Prevu, buyers get biggest rebates of up to two-thirds of the buyer's commission.

An affordable housing lottery launched for TF Cornerstone's 5203 Center Blvd. in Long Island City. The waterfront development has 534 rent-stabilized studio, one- and two-bedroom apartments. Applications are being accepted until August 16th.

In this episode of the Brick Underground podcast, Adrian Savino, director of leasing and business development at Living New York, joins host Emily Myers to shed light on where the deals are for NYC rentals.

Hudson Yards has a median sales price of $5.71 million and took the top spot on PropertyShark’s list of the top 50 most expensive NYC’s neighborhoods in the second quarter. Tribeca took second place with a $3.25 million median sales price.