Weekly Roundup: Landlord confession, piece of Portugal, April building permits, pocket listings, air purifiers, timely Lotto win, recovery threats

Penthouse pursuit is costly contagion to attain height, light, unobstructed views

Airbnb gears up for Albany initiative that would regulate short-term apartment rentals

City plans sale to debt collectors of tax liens against Sandy-hit homeowners

Cost of rent, price of property actually moving in sync

New York region’s borrowers way below average of homeowners who deduct mortgage interest

Stuyvesant Town tenants told pay up and up or move out this summer

Onetime Sinatra apartment sells after steep price cut

Lease confessions of small landlord make for compelling reading

All it takes is money, but there’s still rental inventory in the Hamptons

Investment group identified as purchaser of most expensive Manhattan residence, One 57 penthouse

Nascar superstar lists trophy condo on Central Park West for $30 million

Dancing queen Continue reading

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The Big Apple: Manhattan condo prices are stable

Finance chief masticates crow, agreeing to provide tax relief to co-ops

The city Finance commissioner bowed to heavy pressure from elected officials and agreed to limit property tax increases on co-op apartments.

Grilled by City Council members probing skyrocketing tax assessments for co-op owners, Commissioner David Frankel also vowed to do a better job of handing out assessments next year.

Manhattan condo prices in February haven’t changed in six months, sales off from a year earlier

The recovery in Manhattan condominium prices stalled for six months through the end of February, according to the Radar Logic data analysis firm.

Its RPX Manhattan condominium price was Continue reading

The High Road: Broker says buyer must work with him

To put it as diplomatically as possible, the sumptuously decorated apartment that interested my client.

A buyer with whom I’ve been working for perhaps a year likes to search listings and attend open houses by himself. I’ll call him John.

That’s fine with me since I know John values my opinion, which he frequently solicits, and will want my help when he finds what he wants.

John called me a week and a half ago to say he was going to check on an alcove studio poles apart from a more expensive one-bedroom unit that appealed to him on the Upper West Side. Despite my admonitions, Continue reading