Weekly Roundup: New NYC stats, land paradox, easing rates, Fair Housing, search tool. . . more

All-cash dream can become all-consuming nightmare

WNYC investigation: System of appointing foreclosure referees operated with little oversight, rife with irregularities, dominated by political insiders

Signed contracts for $10 million-plus residential properties in Manhattan double the same time last year

Narrowest house, where Edna St. Vincent Millay lived, finds buyer at last

Rent board approves maximum increases  roughly double last year’s for stabilized apartments

Finding Hollywood home addresses of celebrities fast and easy

Grammy-winning saxophonist tries again to sell UWS townhouse, this time for $12 million

Comedic former TV talker sells Miami hacienda way below original ask of $20 million

Couple could be sleepless Continue reading

Weekly Roundup: Upcoming auction, Hamptons rentals, U.S. prices, trending rates, much more

Queens public administrator schedules auction of three co-ops, 12 houses from $64,000 to $1.054 million

Co-op boards have broad latitude in making, amending, rescinding house rules, however wiggy

Suburbs, particularly in Connecticut and New Jersey, see rising prices

And in the Hamptons, number of $1 million rentals — for the summer alone — approaches record

Homeowners hurt by Sandy to receive property tax reductions totaling $90 million

Uh, those folks using balconies for storage or dead house plants can opt for highest, best use

When it comes to living here, actor Richard Kind knows what he loves

Again to be newly wed, actress turned fashion mogul lists Beverly Hills estate for $8 million

Discount taken in purchase of singer’s Central Park West apartment hardly immaterial

Rap mogul Continue reading

Choosing real estate agent means asking quesions

Articles about picking the right real estate agent/broker appear regularly in newspapers, magazines and blogs, including a piece in the Washington Post that highlights the desirability of obtaining references.

Another one that I recently came across is from a publication at which I once worked, Money magazine, which headlined the piece “7 question for your next real estate agent.”  (Using a number is supposed to increase readership.)

The first question either buyers or sellers are supposed to ask is this: Continue reading

Weekly Roundup: ‘Insane’ market, rising prices, pronounced seasonality, surging sales, wasted electricity, 65,000-acre Quebec spread. . . more!

Next Weekly Roundup April 5

Bidding environment now ‘absolutely insane’

Contract activity soars above prior years, thereby confirming both item above and my Wednesday post

Prices soar 11 percent from January 2012

Prior to usual seasonal increase, February rents in Manhattan Continue reading

Weekly Roundup: Basement apartments, seller’s market, plunging foreclosures, son of Lincoln’s house, trophy baths, Goldman Sach’s optimism

Manhattan luxury market unseasonably busy

Naturally occurring retirement communities populate Upper West Side

Condominium board gets TRO against Houston couple to prevent short-term stays

San Remo apartment offered for $29,750 in monthly rent went for $900 a month in 1940

Would changing rules for illegal basement apartments boost supply of affordable rentals? asks the Real Deal and Crain’s

Longtime home of Gershwin family goes on the market

Volume of property taxes kept increasing every year from 2005 to 2012

Residents of abutting buildings at war with developer of planned Fifth Avenue

Neighborhood group faults mayor’s plan for affordable housing

Fiercely competitive land prices forcing developers to build high-end condos

Sex symbol who has money troubles lists Malibu home for $7.75 million

6,800-sf TriBeCa penthouse wins undisputed approval of Brooklyn Nets star

New Jersey home was born to sell

Hip-hop star and reality spouse flip-flop Bel Air house handsomely

January numbers show 9.1 year-over-year sales growth, steady price gains so it’s a seller’s market

Supply of resale housing Continue reading

Weekly Roundup: Condos pipeline, easing rents, rising values, foreclosure pitfalls, hiding places, credit reporting errors, moving tips and more

Real estate pros expecting best year since fall of 2008

They’re taking Manhattan but leaving it alone

Strong demand has developers raising prices of new condos month after month

Construction loans easier to obtain

Jumping 54 percent in 2012 from prior year, new residential construction more than doubles from 2010

With tenants choosing to buy, rental market cools a bit

Report says ‘affordable’ housing too costly

Attorney general to stop settling escrow disputes, send parties to court instead

Celebrity chef moves to 4,650-sf Harlem townhouse

His mission of selling 2,200-sf East Village condo proves to be possible

Onetime Heisman winner Continue reading

Weekly Roundup: NYC adjusted prices, SoHo’s highs, upward trending rates, $117M record price, houseplant pointers, recovery skeptics

Housing prices below 2008 peak, sales 21.8 percent lower than 2007 peak

But 2012 median lowest since 2004 adjusted for inflation

Beachfront houses wrecked by Sandy being sold ‘as is’

Assembly, Senate pass renewal of co-op/condo tax abatement

Building in Williamsburg tops list of 10 best-selling new developments in 2012

Region’s foreclosures tick up in November

Boerum Hill beats out Dumbo as Brooklyn’s top neighborhood, while SoHo and TriBeCa priciest in Manhattan during 2012

Maintenance fees now average $1.70 per square foot, up 30 percent since 2008

Lawsuit aims to collect rents paid by tenants citywide who live in apartments made uninhabitable after Sandy

Multi-talented writer finally does good all by himself in sale of $11.25 million Hollywood home

Brooklyn Nets guard makes successful $15.8 million play for Tribeca penthouse

Barbara visits Continue reading