$1.4 billion in lost NY taxes, schools may soon close, & more

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By Emily Myers  |
November 13, 2020 - 10:30AM

New York has so far lost $1.4 billion in tax revenue due to this year's slowdown in real estate activity, according to REBNY (press release) 

Schools in NYC could be closed by Thanksgiving as coronavirus case numbers climb (The New York Times)

Restaurants and bars fear an end to indoor dining in light of the rise of coronavirus cases (Gothamist)

Amazon's plans to lease warehouse space in Red Hook are raising concerns about unsustainable truck traffic in the area (Brooklyn Paper)

The nonprofit Trust for Governors Island is spearheading a bid to change zoning rules to allow new commercial development—including hotels (The City)

Congressman Max Rose of Staten Island conceded the election for NYC's most conservative congressional district to Assemblywoman Nicole Malliotakis (Gothamist)

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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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