Covid exacerbates rent disparity, sales plunge in the city, & more

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Over the last six years, rents have grown twice as fast in NYC neighborhoods that saw the highest rates of Covid-19 compared to neighborhoods with the fewest Covid-19 cases, per StreetEasy’s annual rent affordability report (press release)

Residential sales dropped 50 percent across the city from April 1 to June 30 compared to the same period last year, according to a report from the Real Estate Board of New York (press release)

More than 150 business leaders, including real estate developers, signed a letter to Mayor Bill de Blasio urging him to better address crime and other quality-of-life issues (The New York Times) 

The Legal Aid Society will sue the city over its plan to move homeless New Yorkers with disabilities out of a shelter in Manhattan (press release)

As of Monday, you can be fined $50 for refusing to wear a mask on buses and subways (amNewYork)

If you’re thinking of living in Pawling in Dutchess County, get in line (The New York Times)