Chopping prices after Labor Day, Gen-X renters turn to guarantors, & more top stories

By Jennifer White Karp | September 28, 2018 - 2:00PM

This week, readers were interested in stories about the sales and rental markets in NYC, with a pair of stories about the record high number of price cuts that occurred after Labor Day, and a look at how high rents and stagnant wages, among other factors, are forcing adults in their 30s and 40s, and even older, to turn to guarantors in order to secure an apartment in NYC.

Here, in full, are the top five most-read stories of the last week:

1) New record set for the number of NYC apartment sellers cutting prices after Labor Day

2) Sign of the times: More 30 and 40 year olds need guarantors to rent in NYC

3) 7 things I wish I knew before I renovated my NYC co-op bath

4) Ask Sam: My rent-stabilized building is being sold. How do I protect myself from being pushed out?(sponsored)

5) Why should I hire a lawyer to negotiate a buyout from my rent-stabilized apartment? (sponsored)

Jennifer White Karp

Managing Editor

Jennifer steers Brick Underground’s editorial coverage of New York City residential real estate and writes articles on market trends and strategies for buyers, sellers, and renters. Jennifer’s 15-year career in New York City real estate journalism includes stints as a writer and editor at The Real Deal and its spinoff publication, Luxury Listings NYC.

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