(flickr photo by Taran Rambersad)
I somehow came across an unsigned ad on Craigslist begging for referrals:
I am a real estate agent. I offer a referral fee to someone that is well connected and may know people looking to rent an apartment in the city.
Maintaining that “I honestly believe in collaboration as oppose [sic] to pure competition,” this agent says he’ll pay 15 percent for up to $2,690 in monthly rent and 20 percent for more expensive apartments. The advertiser continues:
Payment will be done through Paypal.
After you contact me, I will email you the link to my personal and corpotate [sic] website and all my contact information.
We should also discuss details over the phone.
Well now, that’s what I call Continue reading
ALTHOUGH COMPLAINTS ARE UP 7 PERCENT, THEY’RE NOT MAKING A DENT IN BEDBUG INFESTATIONS
Statistics from the city’s Department of Housing Preservation and Development show that residential bedbug complaints in New York City climbed 7 percent during 2010, the Wall Street Journal is quoted as reporting in the Real Deal.
In 2010, there were 4,846 violations and 13,472 complaints, up from 4,811 and 12,594 in 2009. According to Louis Sorkin, an entomologist with the American Museum of Natural History, there are many more infestations than complaints.
“Tons of people that have infestations don’t say anything and, if they are in apartments, the people next door are the ones with a complaint finally,” he told the Journal. “They may not file a complaint, but they may go through the proper channels and tell the landlord or co-op board or condo owner.”
EXPERIENCE IS HARSH TEACHER FOR BUYERS IN A NEW DEVELOPMENT
“I would advise other people shopping for new condos to watch out for really low prices,” Continue reading
MAYBE YOU CAN SEE NEW JERSEY FROM A CONDO FACING AUCTION AND MAYBE EVEN RUSSIA
If you head to Edgewater, N.J. Nov. 17, you can start the bidding with $50,000 on a one-bedroom condo in Battery Park City.
Unit 333 at 21 South End Ave. is the only real estate in New York City among numerous other properties in New York State, New Jersey and Pennsylvania to be auctioned by the Williams & Williams company.
- The Regatta
Seventeen units in the Regatta are now on the market, including one with a signed contract, at prices ranging from $385,000 for another third-floor unit described as a junior one-bedroom to $2.7 million for a two-bedroom apartment on the sixth floor.
WHITHER THE HOUSING MARKET? IT DEPENDS, SAY VARIOUS PROGNOSTICATORS
When it comes to the housing market, predictions are perilous business, notes the New York Times. A market that looked as if it was verging on a renaissance Continue reading