A $250 million penthouse, mortgage rates hits 6.02 percent, & more

By Jennifer White Karp | September 16, 2022 - 10:30AM

A triplex penthouse at Central Park Tower hits the market for an unbelievable $250 million. If it sells for that much, it would be the priciest home ever sold in the U.S. (New York Post via Wall Street Journal)

A state judge says hundreds of Harlem renters can proceed with a class action suit against a landlord they say illegally hiked rents in their stabilized apartments (City Limits)

The 30-year fixed-rate mortgage rose to an average of 6.02 percent this week (HousingWire)

Newly signed contracts last week for new development condos were on par with pre-pandemic 2019 levels (amny)

NYCHA chief Greg Russ will no longer lead day-to-day operations after a botched arsenic crisis (New York Post)

How an interior designer personalizes her one-bedroom Brooklyn rental (Brownstoner)

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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