The Big Apple: Apartments are not moving swiftly

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

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Weekly Roundup: Some predictions now more hopeful

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 the other of today’s posts and look for Out and About early next week.

SHE AND MUSICIAN HUSBAND BUY $9.6 MILLION APARTMENT IN LE GARAGE BLEU

MARKET FOR VACATION HOMES IS ON THE RISE

PRICES DIP 1.6 PERCENT IN NOVEMBER

APPETITE FOR RENTALS SEEMS TO BE GROWING

FED SAYS HIGH LEVELS OF EXISTING-HOME SUPPLY CONTINUE TO DAMPEN NEW-HOME CONSTRUCTION

RATES SLIP FOR Continue reading