StreetNoise

Rent spike for suburban houses, NYC construction hits record low, & more

By Jennifer White Karp | May 10, 2021 - 10:30AM 

Demand for single-family rental houses in the suburbs is booming and landlords are raising rents aggressively (Bloomberg)

There's a new analysis by the Real Estate Board of New York that finds construction activity is at a low not seen since the Great Depression (press release)

A new home design firm specializes in helping divorced dads who are clueless about setting up an apartment on their own (New York Post)

Over the last 15 years, Black homeownership has declined more dramatically than for any other racial or ethnic group in the U.S. (NPR)

Redfin CEO Glenn Kelman says controversial off-market listings exclude minority buyers (The Real Deal)

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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