Legalizing flex apartments, higher mortgage rates anticipated, & more

By Jennifer White Karp  |
September 27, 2021 - 10:30AM

New York City Council member Ben Kallos introduces legislation to legalize “flex apartments,” which are created by the addition of a temporary wall (New York Post)

It’s getting easier to get a mortgage, but rates are expected to rise (The Real Deal)

Renters on the hook: Landlords are not picking up the broker’s fee now that it’s a competitive rental market (Gothamist)

Construction is progressing at the site of the first supertall for the outer boroughs, 9 DeKalb Ave. (New York Yimby)

A nationwide shortage of houses on the market boosts condo sales (Apartment Therapy)

Flood insurance is expected to get more expensive for many owners who live on the waterfront (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.

Brick Underground articles occasionally include the expertise of, or information about, advertising partners when relevant to the story. We will never promote an advertiser's product without making the relationship clear to our readers.