StreetNoise

U.S. rents hit plateau, 14,700 affordable units for UWS, & more

By Emily Myers| October 25, 2022 - 10:30AM

Emily Myers for Brick Underground 

Under pressure from inflation, renters in the U.S. hit a breaking point, forcing landlords to ease off big increases (Bloomberg)

Manhattan's Community Board 4 unveils a plan for nearly 14,700 affordable two-bedroom apartments on the Upper West Side (W42ST)

A ballot proposal could allow New Yorkers in areas of high flood risk to sell their properties to the state or city (City Limits)

Brooklyn’s luxury market saw a burst of activity with 21 signed contracts last week, led by a $9 million townhouse, according to data from Compass (The Real Deal)

The 93-story Brooklyn Tower at 9 Dekalb Ave., the tallest building in Brooklyn, is nearly ready for its debut (BK Reader)

 

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