A Brooklyn developer—Xi Hui "Steven" Wu—is accused of disappearing with $4 million in deposits from condo buyers at 345 Ovington Ave., in Bay Ridge (New York Post)
Construction starts on the Mount Hope Walton Apartments, a $55 million low-income housing development in the Bronx with 103 affordable apartments and a community gym (press release)
Demand for new mortgages continues to crater, hitting a 22 year low (The Real Deal)
Mayor Eric Adams estimates 2,500 Latin American immigrants entered New York City's homeless shelters in recent months (The City)
A Brooklyn judge throws out a lawsuit trying to overturn the Gowanus rezoning (Brooklyn Paper)
Check out one of the city's 550 cooling centers where you can escape the heat for free (Gothamist)