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Looks Like the Rich Aren’t Abandoning New York After All
Every product is independently selected by editors. Things you buy through our links may earn New York a commission.After ten months of breathless panic over the state of Manhattan’s luxury real-estate market, the industry is sighing with relief as a surge in leases and rental prices suggests that the wealthy New Yorkers who left town at the onset of the pandemic are beginning to return. While Fran Lebowitz and other curmudgeons have cheered on the exodus of the rich, whether or not they return has big implications for the city’s budget and thus vital public services.According to Douglas...…Every product is independently selected by editors. Things you buy through our links may earn New York a commission.After ten months of breathless panic over the state of Manhattan’s luxury real-estate market, the industry is sighing with relief as a surge in leases and rental prices suggests that the wealthy New Yorkers who left town at the onset of the pandemic are beginning to return. While Fran Lebowitz and other curmudgeons have cheered on the exodus of the rich, whether or not they return has big implications for the city’s budget and thus vital public services.According to Douglas...WW…
Evictions Caused More Than 10,000 COVID Deaths
Every product is independently selected by editors. Things you buy through our links may earn New York a commission.You would assume that getting kicked out of a house, whether as a renter or as a homeowner, in the midst of a global pandemic would be incredibly dangerous, and a new study confirms it. Researchers led by Kathryn Leifheit of UCLA published a paper Monday asserting that evictions between the beginning of the pandemic and the CDC’s national eviction moratorium in September led to 433,700 excess COVID-19 cases and 10,700 additional deaths.The racial and economic disparities of...…Every product is independently selected by editors. Things you buy through our links may earn New York a commission.You would assume that getting kicked out of a house, whether as a renter or as a homeowner, in the midst of a global pandemic would be incredibly dangerous, and a new study confirms it. Researchers led by Kathryn Leifheit of UCLA published a paper Monday asserting that evictions between the beginning of the pandemic and the CDC’s national eviction moratorium in September led to 433,700 excess COVID-19 cases and 10,700 additional deaths.The racial and economic disparities of...WW…
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