Weekly Roundup: Manhattan sales pace up, condo prices rise, inventory is tight, rates hit another new low, consensus on recovery is developing

Townhouse where Weather Underground dwelling was destroyed in bomb explosion is listed for $10.9 million

Mystery buyer pays $90 million for Midtown penthouse at One57, breaking price record for an NYC condo

Entering a tall-buildings race, New York could have 6 of the 10 tallest buildings in the country by 2016

Majority of respondents prefer smoke-free living in the city

Madison Square’s commercial identity has in places ceded to residential character in recent years

Developers now show reluctance to offer incentives to purchasers of condos

Asking prices, sales zoom in Continue reading

Weekly Roundup: Rent control, record low, rates, renovations, rosier forecasts. . . much more!

Three-year extension of rent control becomes law

Area single-family homes experience 2.9 percent drop over 12 months

South Bronx burns no more

Trulia says it’s cheaper to rent than buy in Queens

Selling condos to moms and dads often comes down to child’s play

Harlem’s renaissance enjoys revival

Following reports of rent scams by Queens man, attorney general issues Craigslist alert

NYU’s Furman Center documents plunge in Continue reading

Weekly Roundup with The Big Apple

For the long weekend, this post combines The Big Apple, which I publish on Fridays, with my usual Weekly Roundup.  Have a great Memorial Day weekend!  See you again on Tuesday.

The Big Apple
 

Albany reaches agreement on property-tax cut but apparently not for New York City

Co-op boards levy all kinds of fees, but they must be ‘reasonable’

Don’t sign contract without first reading co-op board application

Residents of massive Lincoln Plaza building sue Millstein Properties over disparate pricing

Gorgeous and relaxing Upper West Side amenity throws a benefit for itself

Co-ops are a different animal

A man’s home can be his garage as well these days

Lead in your pants is okay, but not in an apartment with children

New legislation would give second-home owners a tax break

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TV anchor who wouldn’t dub himself the greatest downsizes to a pied-à-terre

Ostriches will want Continue reading

Weekly Roundup: Mortgage rates hit record lows

Here’s your chance to catch up with news included to inform, enlighten and perhaps even entertain you. To read about The Big Apple, check out another of today’s three posts.

HAVING SOLD HIS SOHO APARTMENT, HE HAS DESIGNS ON THE HIGH LINE IN WEST CHELSEA

SPORTS FIGURE FAKES A $4.4 MILLION LISTING IN 2005, FINALLY SCORES AFTER A PRICE CUT TO $2.675 MILLION

REAL ESTATE MOGUL’S PENTHOUSE ON CENTRAL PARK WEST FINDS UNNAMED BUYER FOR $40 MILLION, OR $10,259/SF

MEANTIME, THE SAME MOGUL HAS HIS OFFER ACCEPTED FOR Continue reading