StreetNoise

Owners sue over Local Law 97, sales pick up the pace, & more

By Emily Myers | May 24, 2022 - 12:30PM

Emily Myers for Brick Underground 

New York City apartment building owners file a lawsuit over Local Law 97, calling penalties for excess carbon emissions "draconian" (City Limits via Crain's)

Apartments in NYC are selling at the fastest pace in six years—just 46 days, according to data from StreetEasy (press release)

Developers scramble to lay foundations for new apartment buildings before the 421-a tax break expires in June (The City)

NYC wants to install more rooftop solar panels but the city's fire code is getting in the way (Grist)

Six minority architects get $10,000 towards their student loans plus mentoring from AIANY in an effort to increase diversity in the profession (press release)

A golden ticket after eight years of applying to NYC's affordable housing lottery: A one bedroom for $2,300 (The New York Times)

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