The Big Apple: Manhattan condo prices are stable

Finance chief masticates crow, agreeing to provide tax relief to co-ops

The city Finance commissioner bowed to heavy pressure from elected officials and agreed to limit property tax increases on co-op apartments.

Grilled by City Council members probing skyrocketing tax assessments for co-op owners, Commissioner David Frankel also vowed to do a better job of handing out assessments next year.

Manhattan condo prices in February haven’t changed in six months, sales off from a year earlier

The recovery in Manhattan condominium prices stalled for six months through the end of February, according to the Radar Logic data analysis firm.

Its RPX Manhattan condominium price was Continue reading

Weekly Roundup: Rates bottom, but 2nd dip seen

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.

Handyman’s special condo goes on the market after just two years

Buyer gets a pound of metal in purchase of actor’s penthouse on Riverside Drive

Price of her childhood home, damaged by a fire, is materially lower than last sale

Comic actor moves to New Jersey for biggest yard

He won’t be living in brother’s unused Florida home or anywhere else

In new 5,000-sf home, he’ll have plenty of room for his friends

If at first. . . actor and boxing figure decide separately

Valuation firm finds that housing’s double dip is clearly Continue reading