Today’s issue of my free-biweekly e-newsletter covers everything from the latest predictions for the housing market to the property that Cher just unloaded.
You’ll also find the latest statistics of sales and prices in Manhattan, the stiff sentences that mortgage fraudsters have received, and my no-holds-barred critiques of condos, co-ops and townhouses that I’ve recently visited as part of my regular “Out and About” feature.
I’ve been writing Realty Digest myself for nearly seven years, and the new issue is the lengthiest and most comprehensive one to date. I hope you find it to be not only useful but also enjoyable.
And if I may be pardoned for tooting my own horn – ok, blasting it some more – I’m pleased to have been quoted on other Web sites this week or so, including WestsideIndependent.com, Crain’s and several times on Curbed.com.
A collection of 14 deteriorating South Bronx apartment buildings has been snapped up by a real estate development company led by former New York Met first baseman Maurice “Mo” Vaughn in a foreclosure auction, Amanda Fung reports in Crain’s.
The properties were owned by entities of the Ocelot Capital Group, which abandoned them, let them fall into disrepair and eventually defaulted on the mortgage. Continue reading →