The Real Deal New York

Marty Markowitz has been renting his whole life, but the Brooklyn borough president is finally becoming a homeowner. Markowitz and his wife, Jamie, have swapped their Park Slope rental for a two-story, three-bedroom house in Windsor Terrace. The $1.45 million home, one block from Prospect Park, was purchased on Nov. 30. Markowitz took out a $417,000 mortgage on the home, the Daily News reported. An aide said $750,000 of the down payment came from the sale of the Manhattan Beach home inherited by Jamie Markowitz after her parents died, while the rest came from savings and a settlement in a slip-and-fall case. [NYDN]