Weekly Roundup: Prices up, recovery iffy. More!

Here’s your chance to catch up with news included to inform, enlighten and perhaps even entertain you. To read about The Big Apple, check out the other of today’s posts and look for Out and About on Tuesday.  And have a very happy Independence Day!

Estate sale of Patricia Neal’s Yorkville co-op sells for $70,000 below asking price

Retired slugger’s Tribeca triplex finds buyer after three years

Model, actress, director’s ex cuts Manhattan link with sale of penthouse for $3.05 million

Terrace presumably enchants actress who buys $1.75 million penthouse in Greenwich Village

TV talk personality relists Greenwich home less $2.1 million, while TV wrestling star also tries again with huge discount

Right-winger turns left, leaving Manhattan to rent in Texas

Couple fulfills their California dreams with purchase of $6.5 million Los Angeles home

With sale of her Beverly Hills estate, actress just goes without it

Late crusty screen legend’s estate in Old Seabrook is listed again, this time for $28 million

Single-family home prices inch up in April but stay 31.8 percent below peak with an analyst’s take on what it all means

Pending home sales rise in May from prior month and prior year

Inventory of homes for sale Continue reading

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The Big Apple: Will investors drive up prices?

Construction activity rises, but new starts of residential building dip below previous two years

The value of construction projects commenced in New York City rose 15 percent in 2010 thanks to non-residential and public sector building, while new residential construction starts continued to slide, according to the New York Building Congress.

Residential projects worth $2.21 billion began last year, which was down from $6.03 billion in 2008, at the tail end of the construction boom, and $2.58 billion in 2009, according to the analysis.

Unsurprisingly, federal tax credit caused spike in last June’s sales

The U.S. tax credit for first-time homebuyers had more Continue reading