Weekly Roundup: Tax abatements, NYC’s worrisome Q2, U.S. recovery, gay neighborhoods, outdated decor, 30 richest cities and much more

Cuomo says he expects legislature to act in fall, so city retaining abated property tax levels

And appeals of property tax assessments near record number

Manhattan market verges on worried in second quarter

When seeking roommate on Craigslist, the details really matter

Landmark body approves one of three Riverside-West End Avenue historic districts, but others yet to face votes

Region’s foreclosure rate continues to grow

Neighbors rally to save historic Dutch Kills farmhouse

Condo boards Continue reading

Weekly Roundup: Inventory, trusts, mice, more

Despite upward trend citywide, REBNY says Q1 median prices fall behind one year earlier

But March prices in new developments are up as inventory slides

To rid your home of potentially harmful household products, head on Sunday to Union Square, other boroughs later

Residential rental buildings enjoy 34 percent increase in sales volume over a year ago

Location agents help identify homes that can smile for the camera

Combos are getting b-i-g-g-e-r in two ways

Popular new site helps Continue reading

The Big Apple: Don’t try to remember September

BONUS FEVER AND DISCOUNTS HAVE THE CITY’S HOUSING MARKET IN THEIR GRIP

Since the economy melted down, bonuses have been up, down and spinning all around. Anticipation has had brokerages and developers panting one minute and totally depressed the next.

While the bonuses have had brokers and developers abuzz, another obsession has been rippling through the real estate world over the last week: discounts.

THOSE SPIFFY NEW DEVELOPMENTS LOOK GREAT, BUT BUYERS NEED TO GIVE THEM MORE THAN A ONCE-OVER

Every freshly minted building has problems that can range from buckling floors to cooling systems that sound like a Fresh Direct truck parked outside your window to leaky roofs that can cost tens of thousands of dollars to repair, observes Brick Underground.

If you are in the market to buy and this is news to you or you and your neighbors are just starting to compare punch lists, you may want to get educated on the things that can go wrong in new or converted condominiums. Defects tend to fall into seven categories, Continue reading