A plan for 8,200 apartments in Gowanus, growing old saving up for a down payment, & more

By Jennifer White Karp | March 28, 2019 - 11:00AM 

The environmental review process for a zoning plan that would create about 8,200 new apartments in Gowanus has started (bklyner)

The typical first-time buyer in NYC is 37 years old, compared to 34 nationwide (StreetEasy)

Competition among mortgage companies means you could get a cash payment if your loan fails to close in 21 days (The Real Deal via The Wall Street Journal)

The city wants to create a new mega development over Sunnyside Yard in Queens, and nearby residents are pushing back (Curbed)

Bronstein Properties, which owns 150 buildings, is being sued for inflating the cost of renovation projects in order to raise rents in regulated apartments (Crain’s)

Here’s what a $3 million doomsday condo looks like (Business Insider)

Jennifer White Karp

Managing Editor

Jennifer White Karp 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 NYC real estate journalism includes stints as a writer and editor at The Real Deal and its spinoff publication, Luxury Listings NYC. She holds a B.A. from Wesleyan University and an MFA in nonfiction writing from the New School.

Brick Underground articles occasionally include the expertise of, or information about, advertising partners when relevant to the story. We will never promote an advertiser's product without making the relationship clear to our readers.