Williamsburg rents are falling, de Blasio’s affordable housing record is a ‘drop in the bucket,’ & more

By Donna M. Airoldi  | August 10, 2018 - 11:00AM

Williamsburg rents are falling. The share of apartments in the neighborhood that relisted at a lower rent rose from 22 percent to 48 percent since the announcement of the upcoming L train shutdown, with an average reduction of $250 (StreetEasy)

A rare break for renters: 325 apartments at Waterside Plaza, a former Mitchell-Lama building, could become “affordable” housing once again (The New York Times)

Mayor de Blasio’s affordable housing record is better than his predecessor Michael Bloomberg’s, but “it’s a drop in the bucket compared to the need” (Gothamist)

Metro New York City tax-law refugees are fueling a luxury-home boom in Florida (Bloomberg)

Denizen Bushwick, a new luxury rental building on the site of the former Rheingold Brewery, opened with 444 apartments priced from $2,000-$4,000. It resembles “a glitzy, almost overwhelming megalopolis that is unlike anything else in the neighborhood” (Bedford + Bowery)

Do you work from home, but your NYC apartment is tiny? Here are 10 desks designed for small workspaces (Apartment Therapy)


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