Housing court impasse, a less-frenzied rental market, & more
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New York City Council member Lincoln Restler introduces a bill to give community land trusts and nonprofit developers the first chance at securing publicly owned land for affordable housing (City Limits)
Housing court lawyers report repair and harassment cases brought by tenants against their landlords have practically ground to a halt (Curbed)
The median price of a single-family house in the U.S. topped $400,000 for the first time on record, according to the National Association of Realtors (New York Post)
Brokers say NYC’s frenzied rental market has seen demand ease in August (The Real Deal)
A lack of personnel at the Department of Housing Preservation and Development means delayed closings on construction financing for affordable housing, developers say (The Real Deal)
Ferry service will return to Greenpoint by the end of the month (Greenpointers)
