Housing lottery launches for 26 rent-stabilized apartments in South Williamsburg

… Housing lottery applications are open for 26 rentstabilized apartments at a new development in South Williamsburgbut … waterfront The building at 478 Kent Ave will hold 378 apartments totalincluding some condoswith tenants moving in this spring according to Corcoran The apartments are set aside for New Yorkers earning 130 percent …

By Celia Young |February 27, 2025 - 9:30AM
Brooklyn co-op and condo median sales price hits record high of $990,000

… and higher inventory meant it took 20 percent longer for sellers to offload their apartments or about 42 months … for multiple quarters by discouraging both buyers and sellerswho are sitting on rates in around 3 and 4 percent and reluctant to sell if it means borrowing in the 7 percent range  Sales …

By Celia Young |July 11, 2024 - 1:30PM