Jul. 10, 2025 By Anna Bradley-Smith Home prices in Brooklyn have reached a new high yet again, but only slightly above where prices were sitting at the same time last year, second quarter reports show. Median home prices climbed 0.5% to $995,000 in the quarter compared to the same period a year earlier when…
Jun. 27, 2025 By Anna Bradley-Smith A 19th century trolley powerhouse turned parking garage in the early 20th century on State Street in Brooklyn Heights will be largely demolished to make way for new condos, but the Art Deco street-facing facade will remain, if a plan presented to the city’s Landmarks Preservation Commission goes…
May. 29, 2025 By Anna Bradley-Smith A major rezoning plan that will dramatically reshape a swath of central Brooklyn — replacing low-lying industrial buildings with apartment towers containing potentially thousands of new units, including affordable ones — was approved by the City Council on Wednesday. The Atlantic Avenue Mixed-Use Plan rezones approximately 21 blocks along…
May. 15, 2025 By Shane O’Brien New York City’s housing crisis is no secret and the city’s low-cost housing landscape remains extremely difficult to navigate, including a housing lottery system theoretically devised to provide a solution for the dire need for accommodation. A problem that has been brewing for decades, the housing crisis continues…
May. 9, 2025 By Cate Corcoran Average and median home prices hit new highs in Brooklyn in the first quarter, even as inventory jumped, showing continued strong demand. After a period of constrained inventory followed by slight easing, the number of homes on the market rose 9.2% to 2,635 in the quarter compared to…
Apr. 28, 2025 By Cate Corcoran While rents fell during the COVID pandemic, they climbed even higher two years later. While some contend that what is needed to ease New York City’s affordable housing crisis is more units at any price point, others say the focus should be on creating housing affordable to those…
Apr. 3, 2025 By Susan De Vries After selling for $12.5 million in 2022, the Brooklyn Heights dwelling perhaps best known as the “Moonstruck” house is back on the market. The most recent buyer of 19 Cranberry St. was an LLC, with the New York Post reporting at the time that comedian Amy Schumer and…
Apr. 1, 2025 By Anna Bradley-Smith A late 19th-century Romanesque Revival church in Prospect Heights, not far from Barclays Center, could soon become residential apartments if the city greenlights a planned conversion. It is unclear how much of the original church structure — which is not landmarked — would stay in place if the…
Mar. 20, 2025 By Anna Bradley-Smith A 10-story hotel, one of a handful of buildings in Brooklyn and beyond to use geothermal heating and cooling, is progressing in Bushwick, with opening slated for the summer, according to the developers. After years of fits and starts, there is now a full grey concrete building, with…
Mar. 4, 2025 By Shane O’Brien Mayor Eric Adams announced significant expansions to NYC Health + Hospitals’ medical respite bed program Tuesday, which offers patients experiencing homelessness a place to stay for up to 90 days after a major health event. Adams was joined by NYC Health + Hospitals CEO Dr. Mitchell Katz to…