421-a fraud lawsuit, NYCHA repair backlog, & more

By Emily Myers | October 13, 2022 - 10:30AM

In a lawsuit, three real estate firms—Atlas Capital Group, Heatherwood, and Artimus Construction—are accused of fraudulently inflating rents while receiving 421-a tax breaks (City Limits)

On average, NYCHA takes 49 days to resolve non-emergency repair requests, two-and-a-half times longer than in 2019 (The City)

Dangerous storms put $242 billion worth of New York City real estate at risk of coastal flooding, according to a report (Bloomberg)

A co-op in the Bronx is awarded $100,000 to build a roadmap for buildings to install renewable energy systems (Habitat Magazine)

Mayor Eric Adams announces a plan to house 200 migrant families bused in from southern states at Row NYC, a hotel in Midtown (Gothamist)

Why so many celebrities are moving to Brooklyn Heights (The New York Times)

Emily Myers

Senior Writer/Podcast Producer

Emily Myers is a senior writer, podcast host, and producer at Brick Underground. She writes about issues ranging from market analysis and tenants' rights to the intricacies of buying and selling condos and co-ops. As host of the Brick Underground podcast, she has earned four silver awards from the National Association of Real Estate Editors.

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