Weekly Roundup: Skinny condominiums, celeb comings and goings, nation’s price and sales increases, continuing rate rise, investments

This has been year of pricing audaciously

City’s property records site gets update with more information

Developers specifically catering to families in West Chelsea and farther downtown

New graduates returning to New York City learning that life just isn’t fair

Zillow says it takes up to 11.9 years, depending on neighborhood, to match cost of buying with renting

Boom in luxury towers Continue reading

Condo linked to money laundering is auctioned

Stella Tsang (left), her husband center and auctioneer Mike Lewis.

Stella Tsang (left), her husband center and auctioneer Mike Lewis going over contract.

A Long Island woman who gave her name as Stella Tsang was the winning bidder at today’s auction of a Chelsea condo that the U.S. Treasury Department seized after a former president of Taiwan pleaded guilty to money laundering.

Her final Continue reading

Money-laundering scandal puts condo on block

A property ensnared in an international money-laundering scandal to which a former president of Taiwan has pleaded guilty is to be auctioned this month by the U.S. Treasury Department.

Chelsea’s Onyx

The auction of the 1,1,78-sf luxury condo in Chelsea’s Onyx, at 261 W. 28th St., is scheduled for April 23.

According to the World Bank, which cites a U.S. Justice Department press release, the sale stems from a conviction by former Taiwan President Chen Shui-Ben and his wife for bribery, embezzlement and money laundering.

Alleging that the apartment Continue reading

Weekly Roundup: Buyer woes, singer’s many purchases, U.S. price gains, mortgage brokers’ profits, soulful kitchens, millennials’ optimism

Manhattan a tale of two markets

Real Estate Brokers Predict a Tough Time for Buyers

Buyers ask, brokers try to answer

Tight inventory leads buyers to risk their down payments

Popular keywords enable listing agents to sell fast

Booming Hamptons market pushes renters east

And Fire Island fights Sandy’s effects on housing market as summer approaches

For trophy properties, $100 million is the new $50 million

Short supply of Brooklyn brownstones, leads to whopping price tags as more Manhattanites switch boroughs

For fixer-uppers, go east

City official says two, three more micro-unit developments in the offing

Sanitation Department schedules disposal events for hazardous products in five boroughs

Social media bigwig accused of trashing apartment in Chelsea and purchases big Greenwich Village loft for $8.15 million

Noted artist lists for $3.13 million Fort Greene townhouse purchased for nearly $2 million less in 2007 and renovated

Network TV anchor Continue reading

Weekly Roundup: Beresford auction, Brooklyn’s Manhattanization, latest market stats, celeb moves, same old loan limits, staging errors

Question facing downtown is whether hurricane stigma short-term phenomenon

Value of views depends on what you see and from what height

Mitchell-Lama program originally aimed to help ‘blighted’ neighborhoods

It is possible to double-check suspicious prices in city’s property records

Foreclosure auction scheduled for Beresford co-op listed for $7.35 million

Residential buildings largely account for 17 percent growth of stalled construction

Price data show ‘Manhattanization’ of condos in hot Brooklyn neighborhoods

Banks hesitant to offer financing for co-ops in buildings with only five or 10 units

Stuyvesant Town tenants reach $68 million settlement with controlling company

Pop queen’s Central Park West duplex is listed for $23.5 million

Actor in search of buyer for Chelsea penthouse Continue reading

Weekly Roundup: Killing rents, Rat Island langor, celebrity doings, strong resales, shrinking inventory, negotiation advice, Home Depot vs. Ikea, shared households, lots of guessing. More!

Townhouse sales on upswing

Divided board okays 2 percent increase for rent-stabilized units, 4 percent if for 2-year lease

There’s a right way to approach board members with complaints

It’s still mainly doormen, not doorwomen

Apartments selling faster than a year ago

State to spend $60 million on legal services, counseling for homeowners

For delinquent condo residents, the white gloves are off

29 percent of residents spend more than half of their income on rent

Winner of Rat Island auction off City Island in the Bronx settles in

Court rules that rent-controlled apartment can’t be distributed in divorce

Singer is gambling on absolute auction for sale of estate previously listed for $3.5 million

Performance artist Continue reading

Weekly Roundup: Buyer timing, tight inventory, rise in home equity, foreclosure nightmare, bedroom makeover, status of recovery. . . more

Digitized offering plans catch on with developers

Bloomberg News: Now best time in almost six years to buy in Manhattan

Daily News provides outlook for sales, rental markets throughout city

Appeals court rules against return of $300,000 deposit to buyer who intentionally flunked co-op board interview

Homeowners entitled to property-tax exemptions may see temporary increases until backlog cleared

When it comes to taxes, old shelters are the bomb

Speak softly and carry a big tip

Four Brooklyn zips on list showing biggest increases in white residents in U.S.

French fashion designer sells Chelsea penthouse for $7.89 million

Hannah’s ‘mom’ buys Continue reading

Weekly Roundup: Our cost of living 124% higher than average, buyers tending to wait and see

Co-op revokes woman’s purchase for $33,000 of $400,000 apartment, so she sues

Rental market avoids usual autumnal slump

Free map site is cool way to locate all retail businesses

Preferences for apartment size haven’t changed much over three years

Most expensive rental hits market at $165,000. . . a month

Cost of living in Manhattan 124% higher than national average

But our neighborhoods lag others because wealthiest residents pick its pockets

He gets rid of that old condo for an even $5 million

The former Adam Spiegel Continue reading

Weekly Roundup: Inventory shrinks, rates steady, renters outspend owners, landlords thrilled

Upper West Side zip code is second only to Las Vegas in federal tax liens–again

Scientifically suspect survey by biased group finds 74 percent of brokers expecting Q4 to be better than Q3

Schools snap up at land at a heady pace

Luxury rental building at Broadway and 77th Street to contain 181 units

Construction industry loses jobs in September as the real estate sector gains

You can make an appraiser’s life–and yours–easier by preparing for inspection

Auction set for condo in which Credit Suisse broker endured house arrest overlooking Madison Square Park

Did you miss purchasing one of the 10 Manhattan’s properties with lowest price per square foot?

Pricier Hamptons homes enjoy rebound in sales, in part thanks to foreign buyers

Biggest income inequality occurs in Morningside Heights-Hamilton Heights, lowest is in Bellerose-Rosedale in Queens

Scant respite seen for renters in latest report

Purchasing a new condo can have its drawbacks

It took a while, but Continue reading

Bankruptcy auction set for 2BR Chelsea co-op

Living room of 101 W. 23rd St., Unit 3J, in Manhattan.

A two-bedroom, one-bath co-op in the heart of Chelsea is to be among the properties auctioned Aug. 4 starting at 11 a.m.

Other properties on the block include a single-family house in Pelham Gardens, the Bronx; a two-family residence in Bensonhurst, Brooklyn; and a two-family house in Springfield Gardens, Queens.

The renovated 950-sf Chelsea apartment, Continue reading