Jennifer White Karp
Managing Editor
Jennifer steers Brick Underground’s editorial coverage of New York City residential real estate and writes articles on market trends and strategies for buyers, sellers, and renters. Jennifer’s 15-year career in New York City real estate journalism includes stints as a writer and editor at The Real Deal and its spinoff publication, Luxury Listings NYC. A longtime Brooklynite who has sworn off basement apartments, she graduated from Wesleyan University and has an MFA in nonfiction writing from the New School.
Posts by Jennifer White Karp:
No sign of pandemic rent relief, the eyesore of Queens, & more
July 16, 2021 - 10:30 AM
Traditional heat-absorbing building materials can make urban areas feel an average of nine degrees warmer than their surroundings, according to a new report.
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What are mortgage points and how do they lower your interest rate?
July 15, 2021 - 16:00 PM
If you happened to have some extra cash (lucky you) or are getting some kind of closing credit, one of the ways to lower the cost of borrowing is to buy mortgage points—also known as “buying down the rate,” “prepaid interest,” or “discount points.”
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Condo owner sued for excessive smoking, multigenerational households, & more
July 12, 2021 - 10:30 AM
The condo board at an Upper East Side luxury building is suing one of its residents for smoking too much, according to The Real Deal.
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Back rent owed on Airbnb listing, cheering a win for Adams, & more
July 9, 2021 - 10:30 AM
Real estate developers and brokers are excited about Brooklyn Borough President Eric Adams winning the Democratic primary—and most likely the mayor’s race, according to the Commercial Observer.
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Lagging behind on hotel conversions, $4.25 million for foreclosure prevention, & more
July 2, 2021 - 10:30 AM
New York State lawmakers approved a program in June to finance the purchase of distressed hotels by nonprofits and convert them into permanent housing, but Governor Andrew Cuomo has yet to sign the bill, according to Bloomberg.
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Covid discount shrinks as prices rise and sales surge in Manhattan
July 2, 2021 - 09:30 AM
In the second quarter of 2021, the median sales price for condos and co-ops rose 13 percent to $1,075,000, according to the Elliman Report for the Manhattan sales market, making this the highest median sales price in eight quarters. The average sales price was up 2 percent compared to a year ago and up. (It’s a turn-around from the first quarter, when prices were down 4 to 5 percent from the previous year.)
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