Gift rules for down payments, more towers for Williamsburg, & more

By Jennifer White Karp | December 13, 2021 - 10:30AM

Expecting a big check from a generous relative during the holidays? Know the rules about using a financial gift toward a down payment when buying (Apartment Therapy)

A tenant who rents a luxury penthouse at 12 East 88th St. says he should have been paying rent-stabilized rates (The Real Deal)

The City Council’s Land Use Committee approves a modified plan for two massive towers on the Williamsburg waterfront (Brooklyn Paper)

Bronx residents at the Diego Beekman housing complex in Mott Haven are watched over by a high-tech surveillance system (The City)

Governor Kathy Hochul signs a bill boosting the amount of the FHEPS voucher (Gothamist)

Who should you consider tipping for the holidays when you live in a house in New York City? (The New York Times)

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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