Brick Underground

According to the latest Manhattan real estate report from UrbanDigs, apartments in Downtown Manhattan and on the Upper West Side are seeing higher demand—and the biggest price cuts are in Midtown.

Governor Andrew Cuomo says he’ll expand eligibility requirements for the state’s rental assistance program to help New Yorkers struggling to pay their rent and tap into federal funds that could go unused.

New signed contracts for Manhattan co-ops (498) were down 15.9 percent in November 2020 compared to November 2019, according to the latest edition of the Elliman Report, which looked at new signed contracts and new listings for Manhattan, Brooklyn, Long Island, Hamptons, North Fork, Westchester County, Fairfield County, and Greenwich, CT. Contract activity for Manhattan co-ops had narrowed the gap last month, coming close to the same level a year ago.

Is it a good time to buy? How long will rental concessions last? What is the lasting impact of the pandemic on NYC real estate? These are some of the questions explored in this week’s episode. 

Although it might seem cozy—decadent even—to be toasty warm while you’re outdoors in winter—you may be wondering: isn’t heating the outdoors an awful waste of energy and money?

Host Emily Myers gets into conversation with Andrew Scherer, associate professor at New York Law School, about the pandemic's effect on tenants, the city's pending eviction crisis, and resources for renters.