The rise of short-term leases, median prices jump for Belle Harbor, Hunters Point, & more

By Jennifer White Karp | October 15, 2021 - 10:30AM

Median prices cross the $1 million mark in Belle Harbor and Hunters Point, Queens. Both are on PropertyShark’s list of the 50 most expensive neighborhoods in NYC (press release)

The new work-from-anywhere lifestyle makes short-term leases more attractive. Startups like June Homes, Sonder, and Blueground are raising funds to meet demand (New York Post)

Elected officials and tenants at 70 Prospect Park West in Brooklyn rally against Greenbrook Partners, accusing the private-equity-backed owner of displacing and harassing renters (Patch)

Cities like New York face an uphill battle to streamline compost collection (Bloomberg)

Legal Services NYC receives two grants totaling over $640,000 to help low-income renters apply for emergency rental assistance or seek essential housing repairs (press release)

Renovations are underway on more than 1,700 NYCHA apartments in Upper Manhattan (amny)

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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