StreetNoise

NYC penthouses no longer grab top dollar, saving for retirement by paying your mortgage, & more

By Jennifer White Karp | July 30, 2018 - 11:00AM 

The top floors of buildings are no long the exclusive domain of pricey penthouses. Developers are using them for more egalitarian purposes like sky lounges and restaurants as the market cools (The New York Times)

An argument for why paying off a mortgage can be a more effective way to save for retirement than investing in the stock market (Slate)

Tenants at 11 buildings owned by Harlem landlord Big City Realty win a decisive battle in their class action rent-overcharge case (The Real Deal)

Reading the tea leaves at the Federal Reserve: Why more interest rate hikes are expected this year (Business Insider)

Litter boxes, ugly appliances, electric cords can all be hidden from view with these clever hacks (Apartment Therapy)

The strange, inverse relationship of the millennial generation to houseplants (Los Angeles Times)

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 New York City 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.
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