This week, readers visited Brick Underground for our 2020 NYC real estate forecast. Renters can expect to see continued rising rents and fewer concessions, while buyers are in a position to trade up, thanks to falling prices and low mortgage rates. Sellers, who are tired of cutting prices and waiting for buyers, are increasingly taking listings off the market. Some are renting them out instead.
Also of interest: One New Yorker's story about leaving Astoria and an active social life for a more tranquil existence in Rockaway Beach.
Austin Havens-Bowen covers the rental market. He previously reported on local news for the Queens Ledger and The Hunts Point Express in the Bronx. He graduated from Hunter College with a BA in media studies.
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