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:
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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Rent relief headaches, sour vote for Spice Factory, & more
June 28, 2021 - 09:45 AM
With technical delays and a complicated sign-up process, New York’s pandemic rent relief program is off to a rocky start, The City reports.
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Pandemic relief for owners, eviction ban extended, & more
June 25, 2021 - 10:30 AM
In Manhattan, Brooklyn and Queens, asking rents rose about $50 to $60 from April to May, the first time all three boroughs saw an increase since before the pandemic, according to new data from StreetEasy.
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A new credit card brand says charging your NYC rent could help you own someday
June 22, 2021 - 09:30 AM
Bilt Rewards and Bilt Mastercard from venture studio Kairos help tenants earn points for paying their rent—and they don’t charge renters or landlords any fees for rent payments, says Ankur Jain, the company’s founder. The points can be applied to future rent payments—or even put toward a down payment.
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Rent relief for landlords, listing a vacation house, & more
June 21, 2021 - 10:30 AM
Here’s how to start an application for rent relief if you’re a landlord with non-paying tenants.
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Extra costs sting NYC buyers waiting to close
June 15, 2021 - 09:30 AM
Delays along the way to the closing table mean that buyers are getting white knuckles about their mortgage commitment letters. These spell out conditions for loans, essentially locking in a rate for a set period of time. When those letters expire, banks will often charge a fee to extend the rate lock. For other buyers, obstacles mean having to pay for temporary housing or extend a lease.
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