Rent board preliminarily approves annual increase of at least 3.25 percent for one-year lease
Winning offers at even lower levels more likely than ever to be all cash
Case-Shiller
Weekly Roundup: Inventory effects, moving actors, price gain questions, dubious lenders, N.J. condos, renovation tips, divergent forecasts
Despite short supply, citywide sales rise in 2012
Median Manhattan rent reaches $3,195 as sales inventory dwindles
23 new developments hitting market this spring
Closet space can account for substantial price differences
Lottery opened for affordable rentals in new luxe UWS building near Fairway
Auction scheduled for lakefront home in Copake
As supply becomes scarce, price growth is modest in Queens
Actor’s strategy for exiting Manhattan is move to Brooklyn
Greenwich Village home of classical music icon on market for $2.8 million
Weekly Roundup: Early spring, Borgnine mansion, slumping inventory, Case-Shiller attack, DIY tips, increasingly confident Americans, builders’ mood
Governor signs renewal of tax abatement into law
Construction permits take off from 2007 level
Market reveals early spring as pace of pending sales below $5 million is fastest in 12 years
And jump recorded in development activity of multi-family buildings in Brooklyn
Although nothing new, garbage disposals prove to be worthy of boasts
Cuomo seeking to buy out homeowners to remake coastline
Concessions dwindling for buyers of new condos
Will rents take off again? Maybe: Low inventory continue to push up rents of studios, 2BR apartments last month
Region’s housing prices up 8.5 percent from prior December
Big uptick in supply seems unlikely
Weekly Roundup: Cautious optimism prevails in NYC, prices up and supply down in the nation
Brokers expect sales to continue outpacing 2011 levels and for prices to rise or remain stable
Long Island’s East End increasingly becomes sought-after place to live year-round
July prices in region post 3.4 percent gain from same month last year
Growing number of city’s apartment buildings fall short of lenders’ standards
When it comes to property taxes, the city giveth relief and taketh it away
Fashionista rents 2,500-sf West Village apartment for Continue reading
Weekly Roundup: Starters hot, U.S. prices rise, rates tick up, foreclosures drop, Houston’s cool
Weekly Roundup returns after Labor Day, but. . .
. . . you may want to check back here for occasional posts and keep current via Facebook or Twitter (below)
Wells Fargo provides mortgages to one-fifth of the city’s borrowers
July sales of starter apartments grow 30.5 percent over previous year
Sales of new Manhattan condos up in second quarter, but median price sinks
Lesbian couple get both names on lease after months-long battle, threatened lawsuit
Report suggests property tax evasion widespread
Swimmer whose name rhymes with ‘hike’ selling Baltimore condo
Singing couple proves that money talks with their $400,000 Hamptons rental
Actress orders purchase of Upper West Side townhouse for $10.7 million
Grammy winner’s condo on the Bowery finds buyer after 5 percent markdown
Late pop artist’s lofty domain goes on the market in SoHo
One of late heiress’ Fifth Avenue apartments is under contract — again
Weekly Roundup: May luxury sales boom in Manhattan, U.S. pending sales drop, interest rates reach new lows, talk of recovery swells
Upper West Side townhouse breaks price barrier
Avoid red flags when applying to rent an apartment
You may think this fish story is hard to stomach
Lawyer advises buyers to order a “physical” for new developments
Condo loses bid to stop resident from smoking cigarettes
Luxury properties enjoy blockbuster sales in May, and foreign ‘fright capital’ is driving prices beyond reach of typical wealthy buyer
View of park from Central Park West can be double cost of apartments elsewhere on UWS
Abacus Bank, which primarily serves Chinese community, indicted on charges of mortgage fraud
On Fifth Avenue, one white-glove building means it
Oscar-winning divorcée sells her townhouse in Harlem for $2.8 million
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
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
Weekly Roundup: ‘Royalty,’ rates, prices, more
Luxury market in Brooklyn attains four-year high
When having your child sleep in a room, it really should have windows
Even homeowners facing foreclosure take to home repairs
For celebrity stalkers, there’s nothing like a cool map
New program aims to enable state courts to speed up foreclosures
Rents bordering Second Avenue subway drop but rise one avenue away
Mom, 92, battles son, 58, to get back into condo she owns
Slice of the Upper West Side overlooking Hudson River lacks name
Long Island City undergoes third wave of gentrification
Ambivalent about selling, a legendary interior designer lists his Manhattan pied-à-terre for $22.5 million. . . unfurnished
Weekly Roundup: Prices up, recovery iffy. More!
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 on Tuesday. And have a very happy Independence Day!
Estate sale of Patricia Neal’s Yorkville co-op sells for $70,000 below asking price
Retired slugger’s Tribeca triplex finds buyer after three years
Model, actress, director’s ex cuts Manhattan link with sale of penthouse for $3.05 million
Terrace presumably enchants actress who buys $1.75 million penthouse in Greenwich Village
Right-winger turns left, leaving Manhattan to rent in Texas
Couple fulfills their California dreams with purchase of $6.5 million Los Angeles home
With sale of her Beverly Hills estate, actress just goes without it
Late crusty screen legend’s estate in Old Seabrook is listed again, this time for $28 million
Single-family home prices inch up in April but stay 31.8 percent below peak with an analyst’s take on what it all means
Pending home sales rise in May from prior month and prior year
Let’s not panic over latest housing numbers
While the latest S& P Case-Shiller statistics are hardly cause for celebration, neither should they make us contemplate suicide.
I’d love to see a far more robust housing market, but perhaps not only because, as you might suspect, I’d love to be selling more property. (Of course, I would.)
My chief concern is that poor housing numbers explain an important reason for our stubbornly sluggish economic recovery.
But let’s adopt a healthy perspective on the numbers, which are even worse adjusted for inflation than those reported by Case-Shiller: Continue reading
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