Mortgage applications drop 14.2 percent in a week to the slowest pace since 1997, according to the Mortgage Bankers Association (The Real Deal)

Landlord Joel Wiener, who failed to disclose the need for gas pipe repairs on a condo conversion in Forest Hills, pays close to $500,000 in a settlement (The City)

New York City's Housing Preservation and Development opens Chestnut Commons, a development with 275 permanently affordable apartments and a community center in East New York (press release)

Lawmakers join NYCHA tenants facing regular heat and hot water outages in Woodside, to demand pro-rated rent for lost utilities (press release)

An affordable housing lottery opens for eight apartments on Newton Avenue in Astoria (New York YIMBY)

What it's like living in Emerson, New Jersey, a small family town in Bergen County (The New York Times)