As New York's rental aid program ran dry, an executive boasted of ‘38 percent margins’
StreetNoise

'Troubling' claim by rental aid overseer, false overtime at NYCHA, & more

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By Emily Myers  |
January 27, 2022 - 10:30AM
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Emily Myers for Brick Underground 

State officials describe a claim by the executive running New York's mishap-plagued emergency rental aid program—who bragged about 38 percent margins—as “beyond troubling" (The Washington Post)

The Fed signals an interest rate increase as soon as March (The New York Times)

False overtime claims by NYCHA contractors leads to 18 workers being fired and dozens more under investigation (The City)

Inventory in the Hamptons and Northfork continues to fall while prices set new records, according to data from Douglas Elliman (press release)

The crumbling extension of a Bed-Stuy townhouse is transformed into a family room, bathroom, and laundry room (Brownstoner)

An affordable housing lottery launches for 23 West St. in Greenpoint (New York Yimby)

 

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Emily Myers

Senior Writer/Podcast Producer

Emily Myers is a real estate writer and podcast host. As the former host of the Brick Underground podcast, she earned four silver awards from the National Association of Real Estate Editors. Emily studied journalism at the University of the Arts, London, earned an MA Honors degree in English Literature from the University of Edinburgh and lived for a decade in California.

Brick Underground articles occasionally include the expertise of, or information about, advertising partners when relevant to the story. We will never promote an advertiser's product without making the relationship clear to our readers.

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