StreetNoise

NYC to enter Phase 2, no rent increase for stabilized apartments, & more

By Emily Myers| June 18, 2020 - 10:30AM

NYC will enter Phase 2 of the pandemic reopening process on Monday, June 22nd, which allows real estate showings to resume (Gothamist)

Days-on-market counters will resume on listing sites next week. The past three months will be counted as one day (The Real Deal)

A freeze on rent increases was approved for 2.3 million tenants in the city’s rent-regulated apartments for the coming year (The New York Times) 

Governor Andrew Cuomo signed an executive order making Juneteenth a paid holiday for state workers (CBS Local)

A day of activism against evictions is planned to coincide with Housing Court reopening next week (press release)

The Brooklyn prices fell at the fastest rate in nine years due to falling demand and a glut of inventory, according to StreetEasy data (press release)

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