Afternoon Links: Retail Rents Rise in North Brooklyn, Ted Cruz Makes Matzo in Brighton Beach

In the News
Ted Cruz Makes the Rounds, and Matzo, in Brighton Beach [NYT]
Developer Flips Park Slope Townhouse for Million-Dollar Profit [NYP]
Flatbush Tenants Say Landlord Charged Illegal Rent, File Lawsuit [NYDN]
AG Investigating Operator Who Turned Bed Stuy Property Into Condos [NYDN]
Landmarks OKs Brooklyn Heights Jewish Academy [NYY]
Retail Rents on the Rise in Brooklyn: Report [TRD]
Outdoor Bouldering Gym Opens Next Week at Brooklyn Bridge Park [DNA]

Comment of the Day

Setting any mansion tax at a fixed level without taking into account inflation is foolish. The “mansion” tax on purchases $1,000,00 and over is ridiculous when $1,000,000 buys a 1 bedroom apartment in Manhattan. I would support this proposal if it eliminated the mansion tax at the $1,000,000 threshold and provided for the modification of the threshold for the new tax to take inflation into account. That won’t address fluctuations in the market, but it’s something, at least.

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— EJR in Should New Yorkers Pay an Extra Mansion Tax to Fund Affordable Housing?

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