Erik Engquist - Profile and Journalist Details
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Erik Engquist
Verified
Senior Managing Editor, The Real Deal
New York
Beats
NFL NBA and the Oakland Raiders.I cover the Los Angeles Lakers
Pornography, Heavy politics,
Content
By Erik Engquist Verified| The Real Deal Verified If New York City housing is so expensive, why do 8.5 million people live here? One reason is that the rent burden isn’t as high as it seems, because it doesn’t account for the lower transportation costs of city living. Statistics about “rent-burdened” households refer to families that spend more than 30 percent of their income on housing. But financially, a car-less New York City family spending 35 percent on rent is doing better than a car-dependent Los Angeles family spending 25 percent.
By Erik Engquist Verified| The Real Deal Verified Remember when Long Island Republicans rejected Gov. Kathy Hochul’s housing plan, arguing that local officials should be trusted to allow the development that communities need? Huntington Supervisor Ed Smyth is living up to that promise. Huntington Council member Brooke Lupinacci is breaking it. Smyth supports a transit-oriented apartment project in Melville. Lupinacci opposes it — and is running against Smyth to take his job.
By Erik Engquist Verified| The Real Deal Verified If New York City housing is so expensive, why do 8.5 million people live here? One reason is that the rent burden isn’t as high as it seems, because it doesn’t account for the lower transportation costs of city living. Statistics about “rent-burdened” households refer to families that spend more than 30 percent of their income on housing. But financially, a car-less New York City family spending 35 percent on rent is doing better than a car-dependent Los Angeles family spending 25 percent.
Company Info
The Real Deal
The Real Deal is a leading media company that specializes in real estate news and information. Founded in 2003 by Amir Korangy, it is headquartered in New York City and focuses on markets in New York, South Florida, and Los Angeles. The company is recognized for its comprehensive coverage of the residential, commercial, and development sectors within the real estate industry. The Real Deal offers a variety of services aimed at empowering real estate professionals. These include breaking news and analysis, market intelligence, custom research reports, proprietary rankings, and detailed deal analysis. The company also produces key products such as the Annual Data Book, which provides extensive data on real estate markets, and TRData, a research platform that offers biographical information on real estate professionals, property details, and market reports. The Real Deal serves a highly educated audience, primarily consisting of real estate professionals.
New York, New York, United States
+1 212-260-1332
Founded: 2003