StreetNoise

Mayor's race makes real estate industry nervous, shifting the property tax burden, & more

By Jennifer White Karp | February 3, 2020 - 11:00AM 

New York City will consider a proposal to assess properties at full market value, which would shift the tax burden to wealthier neighborhoods and lessen it for low- and moderate-income owners (The New York Times)

The real estate industry is getting increasingly nervous about the race for NYC mayor (The Real Deal)

A pair of state lawmakers is going to investigate why New Yorkers are leaving (State of Politics)

Three NYC communal living arrangements with family or friends and why they work (New York Post)

The BQE Expert Panel recommends repair work begin immediately and ultimately reducing lanes from three to two in both directions (Brownstoner)

Want a fixer-upper? Taranto, a city on the coast of Italy, plans to offer buildings for the price of just one euro each. (CNN)

Jennifer White Karp

Managing Editor

Jennifer White Karp steers Brick Underground’s editorial coverage of New York City residential real estate and writes articles on market trends and strategies for buyers, sellers, and renters. Jennifer’s 15-year career in NYC real estate journalism includes stints as a writer and editor at The Real Deal and its spinoff publication, Luxury Listings NYC. She holds a B.A. from Wesleyan University and an MFA in nonfiction writing from the New School.

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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