Standing up to NIMBYs, mortgage rates top 7 percent, & more

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

As the housing crisis intensifies, New York’s politicians may finally be willing to stand up to NIMBYism (The New York Times)

A cyberattack shut down Suffolk County government websites three weeks ago, halting most real estate transactions (The Real Deal)

Fannie Mae launches a pilot program to help renters build their credit histories and improve their credit scores (HousingWire)

The average 30-year mortgage rate hits 7.08 percent as increasing borrowing costs hurt sales across the U.S. (The New York Times)

A Tribeca penthouse that once belonged to actress Jennifer Connelly is on the market for $10.8 million, down from its $12 million ask earlier this year (New York Post)

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.