Hi all, BHT here with your monthly roundup of articles and information related specifically to NYC Homeowners. Take a look and let us know if you have any questions 🙂

Con Ed Bills may be going up Soon 

Under a preliminary agreement between the state Department of Public Service, Con Ed and other stakeholders, the utility company would be able to increase its prices to pay for programs and infrastructure needed to deliver electricity and gas. 

If the state Public Service Commission (PSC) approves the proposal, the average bill would rise about 12% over three years for residential electric customers in all five boroughs and Westchester, and over 20% over three years for residential gas customers in The Bronx, Manhattan and northern Queens. The new rates would be effective June 1. To read more about these proposed changes, check out this article from The City

Developers Close On $47.5M Loan To Renovate Historic Jacob Riis Park Bathhouse

Have you been to Jacob Riis Park Beach lately? It’s a nice beach with tons of parking and a few concession stands, but according to a new report from Yimby, developers CBSK, Brooklyn Bazaar, and Aulder Capital plan to restore the 40,000 sq ft bathhouse to its former glory. Activations will include a new 28-key hotel, a rooftop restaurant, ground-floor eateries, a beachfront bar, an indoor pool, flexible event spaces, and retailers stocking beach supplies including sunblock and towels. Sounds pretty interesting and it will most likely make this Beach in the Rockaways even more popular. Click here to read more about the new development plans.   

Electronics, Appliances, and Fitness Equipment Recycling at Best Buy

Did you know that Best Buy recycles all kinds of tech, no matter how old, how big, or where you bought it? One of our team members was recently cleaning out their garage and in the process, they learned that they can get rid of old electronics through Best Buy’s recycling program. You can recycle up to 3 items per household per day and categories include TV’s, computers & tablets, cell phones & radios, appliances, ink & toner, video games & gadgets, cameras & camcorders, and much more. For more information on their program visit the Best Buy Recycling page on their website.  


Well that’s it for this month. If you’ve come across anything recently that you think would be helpful to share, please feel free to share it with us. And as always, if you have any questions or need any real estate help, please don’t hesitate to reach out 🙂

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