Turning hotels into affordable housing, a $30,000 Brooklyn townhouse rental, & more

By Emily Myers | June 8, 2021 - 10:30AM 

Emily Myers for Brick Underground

State lawmakers are voting on a bill which could unlock $100 million to convert vacant hotels into affordable housing (City Limits)

Five landlords aiming to overturn the rent reforms implemented in 2019 take their appeal to federal court (Crain's New York)

The Federal Housing Finance Agency extends its eviction moratorium to September (GlobeSt.)

Someone agreed to rent a Brooklyn Heights townhouse for $30,000 a month, making it the borough's most expensive rental on record (The Real Deal)

The number of Manhattan townhouse deals reaches record levels (The Real Deal)

The argument for building more homes—and avoiding a housing bubble (Vox)



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