Jennifer White Karp's profile photo

Jennifer White Karp

New York

Managing Editor at Brick Underground

Articles

  • 2 weeks ago | brickunderground.com | Jennifer White Karp

    Sell By Jennifer White Karp  | Whether Brooklyn's new momentum will continue amid so much economic uncertainty is the question buyers and sellers face now. iStockBrooklyn prices set new records in the first quarter of 2025 as buyers continued their return to the market, but whether this trend will hold amid the economic turmoil created by the new trade wars is difficult to predict.

  • 2 weeks ago | brickunderground.com | Jennifer White Karp

    The Market By Jennifer White Karp  | Manhattan median rent was $4,495 in March, just $5 less than the “unusual” record set in February, as per the Elliman Report. iStockMarch was another unusual month for the New York City rental market: Rents hit record highs again, fueled by increased competition for apartments, plus a new wrinkle: concerns about the economic fallout of President Donald Trump’s new tariffs.

  • 2 weeks ago | brickunderground.com | Jennifer White Karp

    The route you take for an overcharge claim will largely depend on the time and money you have to pursue your landlord and your willingness to be sued if you stop paying rent. Legal representation is crucial because the rent-stabilization rules have changed over time and you need to know the history of the laws to accurately determine an illegal deregulation.

  • 3 weeks ago | brickunderground.com | Jennifer White Karp

    Sell By Jennifer White Karp  | Manhattan's real estate market is continuing to normalize, said Jonathan Miller of Miller Samuel. iStockOne of the nuttier aspects of the New York City real estate market is that extremely high rents can make buying more appealing—even though apartment prices are also astronomical.

  • 3 weeks ago | brickunderground.com | Jennifer White Karp

    Affordable Housing By Jennifer White Karp  | The report “shows that a rent freeze is necessary and more than justified,” said Cea Weaver of the New York State Tenant Bloc. iStockThe annual fight over rent-stabilized leases has begun with a report from the Rent Guidelines Board that puts landlords on the defensive.

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