Luxury living for seniors, pandemic housing bubble bursts, & more

By Jennifer White Karp | November 14, 2022 - 10:30AM

Tenants at 429 East 52nd St. warned management for months before last week’s disastrous fire caused by exploding e-bike batteries (The City)  

Why using your security deposit for last month’s rent has some risks for New York City renters (The New York Times)

Coterie Hudson Yards, a luxury senior living facility with hotel-like amenities and state-of the-art technology, opens at 505 West 35th St. (New York Post)

The NYC Economic Development Corporation pulls the plug on ferry service to Coney Island, even though a new multi-million dollar ferry landing is already afloat (Hell Gate)

A Bronx principal and other administrators put nearly a dozen teachers recruited from the Dominican Republic in an apparently illegal boarding house in the Bronx (New York Post)

A KPMG economist says U.S. home prices could fall 15 percent or more as the pandemic housing bubble bursts (Fortune)

Jennifer White Karp

Managing Editor

Jennifer White Karp 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 NYC real estate journalism includes stints as a writer and editor at The Real Deal and its spinoff publication, Luxury Listings NYC. She holds a B.A. from Wesleyan University and an MFA in nonfiction writing from the New School.

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