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Anderson Cooper Unloads Penthouse; Rents Spike in NYC

NYC—News guy Anderson Cooper has sold off his midtown penthouse for $3.8M. He had listed it for $3.75M in March. [Curbed NY]

EVERYWHERE—Is another housing bubble upon us already? According to the Washington Post, "[n]ew home starts are up nearly 30 percent over a year ago to an annual rate of more than 700,000" and new permits for homes are at their highest rate in four years. [Washington Post via Gawker]

NYC—A second-quarter rental report from Prudential Douglas Elliman reveals some bad news bears for Manhattanites: city rents are higher than ever. The median rental price is now $3,125 a month, up 7.9 percent from last year's $2,896 a month. Yikes! [Curbed NY]