Smaller interest rate hikes, NYC's rat czar, & more

By Emily Myers | December 1, 2022 - 10:30AM

Emily Myers for Brick Underground 

Federal Reserve Chairman Jerome Powell says future interest rate increases will likely be smaller and could occur this month (CNBC)

Mortgage applications in the U.S. increase as rates drop below 6.5 percent (The Real Deal)

Governor Kathy Hochul announces the completion of Vital Brookdale in Brownsville, the first of 10 affordable housing complexes in Central Brooklyn (press release)

A 1,500-square-foot vacant lot in Brooklyn is being auctioned for rent with a starting bid of $1,720 (Patch)

NYC is hiring a rat czar. To apply, you need a "swashbuckling attitude, crafty humor, and general aura of badassery" (Gothamist)

The new trend of painted hardwood floors (The New York Times)

Emily Myers

Senior Writer/Podcast Producer

Emily Myers is a senior writer, podcast host, and producer at Brick Underground. She studied journalism at the University of the Arts, London, and graduated with a MA Honors degree in English Literature from the University of Edinburgh. As host of the Brick Underground podcast she has earned three awards from the National Association of Real Estate Editors.

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.