Bixby Real Estate Recap: May 8-15

All the things you missed in the Real estate world last week in a digest-able short list. Have a great week!


Affordable Housing, Supermarket Heading to 11th Ave. Slaughterhouse Site

“The mixed-use project will also include office and amenity space, dorm space and an NYPD parking lot.” Read more here…


Brooklyn Court Quietly Moves to Toss Out Hundreds of Foreclosure Cases

“Attorneys say the move, which is effective as of Tuesday, will hurt owners fighting foreclosure.” Read more here…


Notorious LES Landlord and Attorney General Reach $225K Settlement

“Sami Mahfar was accused by tenants from several Lower East Side buildings of harassment tactics.” Read more here…


Shifting Visa Policies Putting Damper on NYC Real Estate, Brokers Say

“Brokers say international buyers are putting plans on hold because of uncertainty with visa policies.” Read more here…


You Have To Earn $240K a Year to Afford a 3-Bedroom in Manhattan

“Manhattan rents for all apartments dipped last month except for studios, Douglas Elliman found.” Read more here…


New 332 Area Code Coming to NYC

“The 332 area code will join 212, 917, and 646 in Manhattan, effective June 10.” Read more here…


NYC Landlords Continue to Rely On Concessions, But It’s Renters Who May Lose In The End

“Rent discounts and other concessions remain the new normal in New York, but landlords—and tenants—may be taking a risk with these hefty perks.” Read more here…


Long-Planned South Street Seaport Supertall May Be on Its Way

“Demolition permits signal movement at the South Street site.” Read more here…


The Brooklyn Bridge Is Getting a New And Improved Entrance

“The scrum of wandering tourists, cyclists, and joggers that often hinders easy access to the Brooklyn side of the Brooklyn Bridge may soon be a thing of the past.” Read more here…