Brick Underground

New York City unveils an updated system for its housing lottery site, NYC Housing Connect, and the first apartments will appear in early July, according to The New York Times. The overhaul introduces the ability for applicants to use a smartphone to apply and to upload documents online.

The latest weekly NYC sales market report from PropertyShark found that between June 1st and June 7th, 409 deals were recorded. That’s an increase of 48 percent week over week.

The Department of Buildings requires all AC units to be properly installed and supported, and your lease likely has similar guidelines.

Renting in this city is more complicated than in other cities—and NYC is still under shutdown orders, which makes finding an apartment even more complicated than usual—but it's not impossible. 

According to the latest weekly Manhattan sales market report from UrbanDigs, during the fourth week of May, 166 new listings were added to the market. This is the fifth weekly increase in new listings and represents a 13 percent increase compared to the prior week.

Check out this interview with Teri Rogers, founder and CEO of Brick Underground. She was featured on The Real Deal’s “The Interview,” a series of conversations with real estate leaders and newsmakers hosted by Hiten Samtani, associate publisher.