StreetNoise

More renters qualify for pandemic aid, developers of 432 Park Ave. sued, & more

By Jennifer White Karp | September 24, 2021 - 10:30AM 

New York State expands eligibility for pandemic rent relief to renters who make more than the area median income. More landlords can qualify as well (The Real Deal via Newsday)

The board at the luxury condo tower 432 Park Ave. sues the developers for $125 million in damages, including multiple floods, faulty elevators, and noise (The New York Times)

Opinion: Despite some encouraging signs, crime and jobs data point to a long recovery for New York City (Bloomberg)

Owners who saw major basement flooding during the remnants of Hurricane Ida consider their options (The New York Times)

Thousands of owners and renters in the Northeast are facing severe financial losses because they didn’t have flood insurance (AP)

U.S. mortgage lenders are unprepared for climate risk, a new report says (CNBC)

 

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