Weekly Roundup: Foreclosure auction, DOMA effects, climbing prices and rates, millennials, home offices, housing affordability and more

Have a great holiday week! No more posts until July 8.

Foreclosure auction scheduled for co-op in posh River House at end of 18-year legal battle

Metro area’s foreclosures down in April but still above national average

6.2 percent growth in construction spending expected during the year

End of DOMA produces real estate tax benefits for New Yorkers, of course others as well

Analysis of Manhattan prices, sales suggests they’re flatter than apparent in Q2

Actress sees black, not red, in sale of Greenwich Village duplex for $7.45 million

Comedian who played TV psychologist, hotel owner lists Bel Air home again at new lower price of $15.5 million

Peripatetic former Dateline anchor 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: Renters, new market stats, dropping loan rates, foreclosure purchase risks, credit misconceptions, kitchen trends, and more

Renters don’t stay put for long in the financial district

New York magazine explores world of platonic urban cohabitation i.e. roommates

Housing signals mixed in metro region

Four things to bear in mind when buying an apartment for your kids

19 percent more building permits issued in 2012 than in prior year

Committee ranks Upper East Side tops for kids, Bay Ridge beats all other Brooklyn neighborhoods

Request for proposals to redevelop Lower East Side sites signals end of bitter renewal squabbling

Foreclosures in region higher in December than a year earlier

Estate in the Hollywood Hills finds friendly buyer but at greatly reduced price

Legendary rocker Continue reading

Weekly Roundup: NYC adjusted prices, SoHo’s highs, upward trending rates, $117M record price, houseplant pointers, recovery skeptics

Housing prices below 2008 peak, sales 21.8 percent lower than 2007 peak

But 2012 median lowest since 2004 adjusted for inflation

Beachfront houses wrecked by Sandy being sold ‘as is’

Assembly, Senate pass renewal of co-op/condo tax abatement

Building in Williamsburg tops list of 10 best-selling new developments in 2012

Region’s foreclosures tick up in November

Boerum Hill beats out Dumbo as Brooklyn’s top neighborhood, while SoHo and TriBeCa priciest in Manhattan during 2012

Maintenance fees now average $1.70 per square foot, up 30 percent since 2008

Lawsuit aims to collect rents paid by tenants citywide who live in apartments made uninhabitable after Sandy

Multi-talented writer finally does good all by himself in sale of $11.25 million Hollywood home

Brooklyn Nets guard makes successful $15.8 million play for Tribeca penthouse

Barbara visits Continue reading

Weekly Roundup: Most important news since before the holidays, including strong NYC quarterly and U.S. monthly housing reports

Sales surge in fourth quarter as inventory shrinks to a 12-year low

Rental market appears to be shifting into slower gear

What makes one apartment worth more than another?

Surprise! Times says co-op approval process is ‘formidable’

Prices shoot up in gentrified Brooklyn

Permits to build new developments growing again, but apartment supply won’t meet demand

Her boots were made for speeding

And his, made for dancing, waltz into L.A. condo

Broadcaster trades UWS strollers for trends by purchasing $1.84 million penthouse off the island

Shadow inventory of existing homes drops 12 percent during last year

Number of signed contracts attains Continue reading

Weekly Roundup: Beresford auction, Brooklyn’s Manhattanization, latest market stats, celeb moves, same old loan limits, staging errors

Question facing downtown is whether hurricane stigma short-term phenomenon

Value of views depends on what you see and from what height

Mitchell-Lama program originally aimed to help ‘blighted’ neighborhoods

It is possible to double-check suspicious prices in city’s property records

Foreclosure auction scheduled for Beresford co-op listed for $7.35 million

Residential buildings largely account for 17 percent growth of stalled construction

Price data show ‘Manhattanization’ of condos in hot Brooklyn neighborhoods

Banks hesitant to offer financing for co-ops in buildings with only five or 10 units

Stuyvesant Town tenants reach $68 million settlement with controlling company

Pop queen’s Central Park West duplex is listed for $23.5 million

Actor in search of buyer for Chelsea penthouse Continue reading

Weekly Roundup: Storm effects, U.S. price and sales trends, credit scores, timing of rate locks, buyer rebates and growing optimism. Much more!

Daylight Savings Time Ends Saturday Night

Firm cost of storm’s damage to area homes long way off, but total will be astronomicalperhaps as much as 64 percent of $50 billion total

Sandy ravages Long Island’s East End, decimating homes of the rich and famous

Storm could shape how residential housing along the water is built, marketed, sold

Buyfolio collaborative service for consumers and agents finds deep-pocketed buyer

‘Prewar’ speaks volumes

Boards may promise buyer applicants one thing, then do something else

World Series pitcher lists California mansion for $11.45 million

Buyer of late pop star’s estate so eager to move in that he’ll occupy the place before sale closes

Actress takes substantial loss on her sale of Hollywood Hills house fit for a queen

Late Oscar nominee’s duplex overlooking Central Park on the market for $13.95 million

Case-Shiller records continuing upward price trend

Homewnership, rental vacancy rates Continue reading

Weekly Roundup: Sales and prices rise in Manhattan, surfeit of celebs on the move, U.S. stats up and down, yet another historic low rate

Manhattan sales jump 9.3 percent over year earlier in third quarter, median prices climb 2.7 percent

Residents praise lifestyle of small spaces, and developers show big interest in them

Much desired sponsor apartments in co-ops bear scrutiny

11 groups lodge lawsuit seeking to block NYU expansion

Prices of single-family homes in broad region off 2.6 percent from prior year, bucking national trend

10th annual Open House New York weekend to celebrate city’s architecture, design

Land-use committee approves massive Lower East Side development

To developer’s dismay, those billionaires strive to leave individualistic impressions on One57 tower

Oscar winner sells Upper West Side penthouse for more than $1.7 million

Actress’ puts Ojai retreat legally on the market for $10 million

Nick and Meagan seek Continue reading

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: Wall Street’s impact spreads, musicians move on, bottom glimpsed, prices weak, builders beat forecasts, lowballing fails

Manhattan agents confident about city, but Wall Street’s labor pains may hit suburbs harder

The Edge tops list of new developments with most condo sales in first quarter

New listings search site is nice to users

Refusing to hear case, Supreme Court ensures continuation of rent stabilization

The bind that renters endure is tie that’s tight or liberating

Bedbug complaints Continue reading