Teri Karush Rogers
Founder and publisher Teri Karush Rogers launched Brick Underground in 2009. As a freelance journalist, she had previously covered New York City real estate for The New York Times. Teri has been featured as an expert on New York City residential real estate by The New York Times, New York Daily News, amNew York, NBC Nightly News, The Real Deal, Business Insider, the Huffington Post, and NY1 News, among others. Teri earned a BA in journalism and a law degree from New York University. During law school she realized she would rather explain things than argue about them, so she returned to service journalism after graduation.
Posts by Teri Karush Rogers:
If you’re thinking of selling your apartment, check with the neighbors first.
Besides saving the broker's fee, you will likely be able to charge a small premium starting at around three-percent to an adjacent neighbor who intends to combine spaces, says Julie Friedman, a real estate agent at Bellmarc Realty.
"It has to be a flawless scenario," cautions Friedman. "Not all combinations work—it’s very rare where it actually does fit.”
Tip o' the Brick is a semi-regular spotlight on a great piece of advice in the BrickTalk forum:
A contractor explains how to get a 30% discount on renovation materials:
- Spike in illegal co-op sublets (The Real Deal)
- Soil in the city: The dirt tax (NY Times)
- Charging for bike storage (Cooperator)
- House rules about
There is nothing elegant or charming about an a/c unit jammed into a prewar window. But the New York City Landmarks Preservation Commission prohibits many prewar dwellers from installing thru-wall a/c units into exterior street-facing walls.
Last week's second-quarter real-estate market reports offered few surprises: Seasonal spring bounce notwithstanding, values in Manhattan slid by as much as 25% over last year, while the number of transactions plummeted by more than half.
This clearly stinks for anyone trying to sell. And declining flip-tax revenues are crimping the bottom line of every building that came to rely on them during the heady boom days.
But look closer and you may discover a quality-of-life dividend or two.
