StreetNoise

Rent hikes for stabilized tenants, NY's state of emergency ends, & more

By Emily Myers | June 24, 2021 - 10:30AM 

Emily Myers for Brick Underground 

Rent hikes are approved for the city's two million rent-stabilized tenants—although there's no increase for the first six months on one-year leases (pix11)

Black and Latino owners haven't taken advantage of low rates to refinance their mortgages compared to white owners—in part due to discrimination and disproportionate unemployment (Wall Street Journal)

The Biden administration is expected to extend the CDC's federal eviction moratorium until the end of July (The New York Times)

Governor Andrew Cuomo announces New York's state of emergency is over (Bklyner)

A single rent-stabilized tenant holds up a major redevelopment on the Upper East Side (The Real Deal)

An affordable housing lottery opens for 400 apartments at a development in Coney Island (Brownstoner)

 

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