Weekly Roundup: Broker titles, celebs on the move, growing supply, reverse mortgages, the American Dream, boarding houses, and more

Next week’s Weekly Roundup will be the last until Sept. 6

Offering plans afford glimpse into pluses, minuses of lavish lifestyle in luxe buildings

Buyers snapping up Manhattan apartments 38 percent faster than last year, with UWS tightest market

Brokers still wrestling with new state rules on titles

Prices of Williamsburg condos plummeted in spring

First-half volume of investment properties leaps 41.3 percent over same time last year

One Picasso forsaking his walls

Lord of the Rings actor drops $1.075 million for gingerbread Victorian in Texas

Former NBA player lists California home for $2.795 million

Onetime TV detective, also actor who originated role of Continue reading

Weekly Roundup: New NYC stats, land paradox, easing rates, Fair Housing, search tool. . . more

All-cash dream can become all-consuming nightmare

WNYC investigation: System of appointing foreclosure referees operated with little oversight, rife with irregularities, dominated by political insiders

Signed contracts for $10 million-plus residential properties in Manhattan double the same time last year

Narrowest house, where Edna St. Vincent Millay lived, finds buyer at last

Rent board approves maximum increases  roughly double last year’s for stabilized apartments

Finding Hollywood home addresses of celebrities fast and easy

Grammy-winning saxophonist tries again to sell UWS townhouse, this time for $12 million

Comedic former TV talker sells Miami hacienda way below original ask of $20 million

Couple could be sleepless Continue reading

Weekly Roundup: Upcoming auction, Hamptons rentals, U.S. prices, trending rates, much more

Queens public administrator schedules auction of three co-ops, 12 houses from $64,000 to $1.054 million

Co-op boards have broad latitude in making, amending, rescinding house rules, however wiggy

Suburbs, particularly in Connecticut and New Jersey, see rising prices

And in the Hamptons, number of $1 million rentals — for the summer alone — approaches record

Homeowners hurt by Sandy to receive property tax reductions totaling $90 million

Uh, those folks using balconies for storage or dead house plants can opt for highest, best use

When it comes to living here, actor Richard Kind knows what he loves

Again to be newly wed, actress turned fashion mogul lists Beverly Hills estate for $8 million

Discount taken in purchase of singer’s Central Park West apartment hardly immaterial

Rap mogul Continue reading

Weekly Roundup: New development sales, eccentric buyers, agents’ frothy remarks, free mortgage tutorial, economics of price changes

With inventory tight and prices climbing, sales of new condos plunge

Yet developers, marketers designing ever more spectacular penthouses, townhouses in buildings old and new

Recent law change could make maintenance-free apartments less rare

Buyers do the darndest things

New Yorker magazine lets you click on subway stops to gauge wealth

Beachfront homeowners in Southampton building ramparts against storms

No, says New York magazine, it’s not a bubble again

Disgraced athlete latches onto quarter-acre Texas compound in gated community after dumping old Austin home

Artist makes mark in SoHo with purchase of Continue reading

Weekly Roundup: Condos pipeline, easing rents, rising values, foreclosure pitfalls, hiding places, credit reporting errors, moving tips and more

Real estate pros expecting best year since fall of 2008

They’re taking Manhattan but leaving it alone

Strong demand has developers raising prices of new condos month after month

Construction loans easier to obtain

Jumping 54 percent in 2012 from prior year, new residential construction more than doubles from 2010

With tenants choosing to buy, rental market cools a bit

Report says ‘affordable’ housing too costly

Attorney general to stop settling escrow disputes, send parties to court instead

Celebrity chef moves to 4,650-sf Harlem townhouse

His mission of selling 2,200-sf East Village condo proves to be possible

Onetime Heisman winner Continue reading

Weekly Roundup: All signs point to strengthening market in NYC and U.S., owners of luxury homes gild lillies, lighthouse in Chesapeake Bay for sale

Number of Manhattan properties under contract soars, inventory plummets during 2012

Q4 Brooklyn prices post biggest year-over-year price gain since 2006, while Queens median climbs 14 percent

Bars, restaurants and grocery stores can hurt quality of life, resales for residents of apartment buildings

Foreclosures mushroom in Queens, grow somewhat in Staten Island and the Bronx, slide in Brooklyn and Manhattan

Astronaut resists aiming for moon in putting Los Angeles condo on the market

Former baseball star lists sprawling Beverly Hills estate for $25 million

Actors who split in 2011 finally selling their UES triplex, for $9.25 million

TV judge lists Midtown pied-à-terre for $9 million — yes, for a pied-à-terre!

Estate of acerbic intellectual sells Chelsea penthouse to seven-time Emmy winner

Filmmaker offers Greenwich Village co-op for sale but plans no move to North Dakota

At 4.2 million, home sales Continue reading

Weekly Roundup: Condo inventory, rents, pet scams, best markets for sellers or buyers, retirees’ downsizing, consumers’ outlook

Next Weekly Roundup Jan. 4

Tastes downtown changing from industrial lofts, glass boxes

More evidence that developers adding to supply of condos

There’s nothing like decisions on art to stir the pot of acrimony in condos, co-ops

Real estate licensees rebound to 27,000 in the city alone

Manhattan’s median rent edges up in November

When buildings bar a pet, lawyers say, residents suddenly claim disabilities

High living costs cause half of population to contemplate leaving Long Island

Southampton home owned by TV news personality and actress wife goes quickly to contract

Author achieves perfect sale of Manhattan condo

Pair finds buyer of Upper East Side one-bedroom apartment in amazing time

 

Strongest sellers’ markets in Continue reading

Weekly Roundup: NYC condos, U.S. inventory, all-time low rates, Airbnb, pet furniture, most diverse metros, housing forecasts and much more

Brownstones increasingly go mod

Number of new listings of new condos turns up in Manhattan along with prices there and in Brooklyn, Queens

Causing 15 percent increase in materials and monopolizing workers, Sandy raises construction costs

Buyers of lower Manhattan apartments so far unmoved by storm

Rents continue to climb as vacancies reach 32-month high, and biggest October increases hit smaller units

Report suggests that multiple bids for renovations may encourage homeowners to overpay

And don’t expect financing for renovations to be a breeze

Five brokers investigated on complaints that they demanded extra fees from HIV renters

Region remains least-affordable major housing market in nation

Foreclosure filings surge in metro area, more than anywhere else

With her Georgia home foreclosed, she has reason to sing the blues

Media mogul pays record $54 million Continue reading

Weekly Roundup: Lawsuits, rising sales, falling foreclosures, ghostly cities, rosier forecasts

Everywhere in the city, brown sandstone is a fading commodity

Having tried a $500,000 two-week Hamptons rental to snag a man, Cheryl Mercuris buys $13.72 million UWS condo

Good investment property must first of all be in — duh — right location

Record 33 contracts signed for luxury properties last week

To track down pre-construction bargains, start with city’s Web site, then negotiate hard

Priciest zip isn’t on the Upper East Side after all

Median price of lower-end homes swoons in the Hamptons

Agents have reasons stemming from mid 90s lawsuit for withholding square footage

Mauritian national seeks more than $1 million on claim that co-op board broke anti-discrimination law

Rise recorded in foreclosure, delinquency rates in metro region

Stigmatized Kennedy property in Connecticut finds buyer in week

Acting couple rid themselves of Mediterranean-style mansion in Los Angeles for $6.7 million

Moving four blocks away, funny man and wife add a room

Ex-wife of billionaire financier/philanthropist 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