Happy holiday weekend! Please enjoy this post with the past week’s most important news about the Big Apple and beyond. Look for “Out and About,” “The Big Apple” and “Weekly Roundup” again next Friday.
MAYBE YOU CAN SEE NEW JERSEY FROM A CONDO FACING AUCTION AND MAYBE EVEN RUSSIA
If you head to Edgewater, N.J. Nov. 17, you can start the bidding with $50,000 on a one-bedroom condo in Battery Park City.
Unit 333 at 21 South End Ave. is the only real estate in New York City among numerous other properties in New York State, New Jersey and Pennsylvania to be auctioned by the Williams & Williams company.
Seventeen units in the Regatta are now on the market, including one with a signed contract, at prices ranging from $385,000 for another third-floor unit described as a junior one-bedroom to $2.7 million for a two-bedroom apartment on the sixth floor.
WHITHER THE HOUSING MARKET? IT DEPENDS, SAY VARIOUS PROGNOSTICATORS
GREENWICH VILLAGE TOWNHOUSE IS SOLD IN MINUTES
It took only three minutes, from 6:19 p.m. to 6:21 p.m., for the successful bidder to spend $6.634 million at a court-ordered auction yesterday of a Greenwich Village townhouse that had been listed at $9.95 million not long ago.
“I’m very happy with the price I paid,” said the affable bidder, 51, Continue reading
If it’s the light and the views that grab you in an apartment, don’t ask only about the low buildings in the distance, cautions real estate lawyer Ron Gitter, who regularly contributes his advice to readers of this blog and writes one of his own that is well worth bookmarking: coopandcondo.com. There is, he says, one other very important issue to consider.
by Ron Gitter
With an almost unquenchable thirst for square footage, developers of late have been utilizing the entire footprint of building lots–sometime with consequences that the residents of the newly constructed building don’t anticipate.
You’ll find an increasing number of examples of this trend in “lot line windows,” Continue reading