A penthouse under construction at 220 Central Park South is now the most expensive home ever sold in the United States. It closed for $238 million (Forbes via the Wall Street Journal)

Getting married? Instead of gifts, ask your guests to help crowdfund your down payment (Citylab)

A couple of fake real estate agents scammed renters out of their deposits in Brooklyn and Queens (Gothamist)

Congresswoman Carolyn Maloney plans to introduce a bill that would prevent anonymous luxury apartment buyers from hiding behind LLCs (The New York Post)

Unconventional home mortgages—dubbed “liar loans” after the financial crisis—are making a comeback (The Real Deal)

Brush up on these tips for painting your walls white (Apartment Therapy)