Rent hikes for stabilized tenants, NY's state of emergency ends, & more

By Emily Myers | June 24, 2021 - 10:30AM

Rent hikes are approved for the city's two million rent-stabilized tenants—although there's no increase for the first six months on one-year leases (pix11)

Black and Latino owners haven't taken advantage of low rates to refinance their mortgages compared to white owners—in part due to discrimination and disproportionate unemployment (Wall Street Journal)

The Biden administration is expected to extend the CDC's federal eviction moratorium until the end of July (The New York Times)

Governor Andrew Cuomo announces New York's state of emergency is over (Bklyner)

A single rent-stabilized tenant holds up a major redevelopment on the Upper East Side (The Real Deal)

An affordable housing lottery opens for 400 apartments at a development in Coney Island (Brownstoner)

Emily Myers

Senior Writer/Podcast Producer

Emily Myers is a senior writer, podcast host, and producer at Brick Underground. She writes about issues ranging from market analysis and tenants' rights to the intricacies of buying and selling condos and co-ops. As host of the Brick Underground podcast, she has earned four silver awards from the National Association of Real Estate Editors.

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