Mortgage rate hits historic low, Sunset Park landlord fined $150,000, & more

By Jennifer White Karp | March 6, 2020 - 11:00AM

A nearly 50-year low: The average 30-year fixed-rate mortgage fell this week to 3.29 percent from 3.45 percent (Business Insider)

A Sunset Park landlord who illegally subdivided a two-family building into 12 units must pay $150,000 in fines (Brooklyn Paper)

The Urban Land Institute takes a look at how a new soccer stadium near Yankee Stadium in the South Bronx will impact the neighborhood (Commercial Observer)

Very superstitious: Why NYC buildings don’t have a 13th floor (StreetEasy)

Some quirky NYC neighborhood names offer a window into the past (The New York Times)

Sales launched for the 375 luxury condos at the Waldorf Astoria. Prices start at $1.7 million for a studio (Curbed)

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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