Bidding wars for broker fees, TikToker blasts Montauk 'scam,' & more

By Jennifer White Karp | August 8, 2022 - 10:30AM

Is Montauk a "scam"? One TikTok influencer seems to think so (The New York Post)

Not only are bidding wars for rentals a thing now, apparently so are bidding wars for broker fees (Brownstoner)

A New York Times real estate writer is embroiled in a fight over a sublet near Central Park (Business Insider)

NYCHA apartments will get 30,000 climate-friendly heating and cooling units—window devices known as heat pumps (Canary Media)

The online home buying platform Opendoor agrees to pay $62 million to settle claims that it deceived customers into offering their properties for less than they would have made on the market (The New York Times)

And Opendoor and Zillow are teaming up to allow sellers on Zillow to request offers via Opendoor (The Real Deal)

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.

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