Google's $2.1 billion NYC office deal, a plan to convert hotels to housing, & more

By Jennifer White Karp | September 21, 2021 - 10:30AM

Massive deal: Google plans to buy the New York City buildings it currently leases, which occupy two entire city blocks at 550 Washington St. in Hudson Square, for $2.1 billion. The deal is expected to close next year (press release)

Democratic mayoral candidate Eric Adams presents a plan to convert distressed outer-borough hotels into about 25,000 rooms of supportive housing (Daily News)

A study from Cornell University finds longer commute times and crowded apartments were tied to higher rates of COVID-19 transmission at the height of the pandemic in New York City (Gothamist)

The Brooklyn District Attorney reports nine contractors were indicted of bribing supers at NYCHA buildings to get small repair contracts (The Brooklyn Paper)

Demand for self-storage is growing, thanks to people who need space for home offices or classrooms (The New York Times)

Jennifer White Karp

Managing Editor

Jennifer 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 New York City real estate journalism includes stints as a writer and editor at The Real Deal and its spinoff publication, Luxury Listings NYC.

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