Archive for October, 2009
Big Deal: Applying Realism to the Apartment Hunt
October 31st, 2009
Posted in New York City Real Estate News, Real Estate News
Big Deal: Room for the Eight-Legged
October 31st, 2009
Posted in New York City Real Estate News, Real Estate News
Big Deal: A Season of Adjustment
October 31st, 2009
Posted in New York City Real Estate News, Real Estate News
Streetscapes | The Evelyn: The Building Denies It Ever Met That Showgirl
October 31st, 2009
Posted in New York City Real Estate News, Real Estate News
Habitats: A Makeover as Homage to the Past
October 31st, 2009
Posted in New York City Real Estate News, Real Estate News
Square Feet: Alabama Pension Fund Plows Millions Into Property in Its Own Backyard
October 30th, 2009
Posted in NYC Commercial Real Estate
$1,111,000 1 BR in Wall St/Seaport/Battery Park
October 30th, 2009
Posted in City Apartments New York For Sale, City Apartments New York Homes, City Apartments New York Sales, Condos For Sale
New York NY Wall St/Seaport/Battery Park (Chambers and down)
Web ID#: 23988
Property Type: Hi-rise
Beds: 1
Baths: 1
Price: $1,111,000
view full listing |
You first saw it in the horizon. Following the serene inner guidance, you set out looking for living this life of…… tranquility in elegant luxury…
INCOMPARABLE LOCATION, VIEW with EXQUISITE DESIGN: contemporary luxurious yet elegantly timeless… CLUB SERVICES and RESORT STYLE AMENITIES: luxury serene – a simple and calm living granted by sensual lavish services… SUMPTUOUS SPACE and SPLENDID FINISHES: a sanctuary of seamless combination of luxury, beauty, and pampering comfort… CONGRATULATIONS! Finally, YOU FOUND IT – it’s your home, your paradise…..now please allow me to usher you in…. For a private viewing contact Alexander @ 646.309.1898 or via e-mail alexd@nestseekers.com * Doorman * Washer/Dryer |
| Alex Dietrich direct: 646-309-1898 alexd@nestseekers.com |
|
$760,000 1 BR in Long Island City
October 30th, 2009
Posted in Queens Real Estate | LIC
New York New York Long Island City
Web ID#: 23987
Property Type: Mid-rise
Beds: 1
Baths: 2
Price: $760,000
view full listing |
Most Amazing Penthouse you can find under 1 Million.
Dining Area; Kitchen: New/ Eat In; Windowed; Dishwasher; Bathroom: New/ Stall Shower; Washer/ Dryer; Balcony: 16sqft; High Ceiling; Wood Floors; Floor To Ceiling Windows; Fitness Room; Laundry Room. |
| Alex Dietrich cell: 646-309-1898 alexd@nestseekers.com |
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$850,000 1 BR in Long Island City
October 30th, 2009
Posted in Queens Real Estate | LIC
New York New York Long Island City
Web ID#: 23986
Property Type: Hi-rise
Beds: 1
Baths: 1
Price: $850,000
view full listing |
This is a one of a kind loft home with the best view of Manhattan skyline and East river from your living and bedroom as well as from your private backyard.
Open gourmet chefs kitchen with Pietro Concordia stone counters, Sub Zero fridge, Viking range and microwave, wine refrigerator , Bosch dishwasher and Grohe fixtures. Luxurious Spa bath with marble slab walls, Tumble marble mosaic floors, soaking tub and glassed enclosed shower, spacious double sinks and fixtures by Grohe. **GE Washer/ dryer.** All the homes here include access to a 35000sqf roof top garden with barbecues grills, Bocce ball court, Glass enclosed heated pool, Professional gym, Serenity Spa, Owners lounge with chefs kitchen and dining room, Party room with dance floor, Game room, Professional screening room, Garage. Organic food grocer, Drug store, Wine merchant, Fusion Restaurant and Bar lounge. One subway stop from Grand Central Station. |
| Alex Dietrich direct: 646-309-1898 alexd@nestseekers.com |
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Fitch downgrades CMBS deals backed by Stuy Town
October 30th, 2009
Posted in New York City Real Estate News, Real Estate News
1 BR $829,000 Trump Place
October 30th, 2009
Posted in City Apartments New York For Sale, City Apartments New York Homes, City Apartments New York Sales, Condos For Sale
Trump Place
220 Riverside Blvd
New York NY Upper West Side (59-96)
Web ID#: 23985
Property Type: Hi-rise
Beds: 1
Baths: 1
Price: $829,000
view full listing |
The new property offers very spacious rooms, soaring high ceilings, large windows making it very airy and bright, beautiful herringbone wood floors, and great closet spacious, perfect as an investment or for any first time home buyer.
220 riverside blvd exuded luxury, elegance, comfort with a high level of service and amenities. Enjoy everything from your own reading area, billiards room, fitness facility with sauna and swimming pool, children’s playroom, outdoor courtyard, garage and private security staff. |
| David Tobon direct: 646-443-3716 cell: 347-992-6645 davidt@nestseekers.com Michael Arcos direct: 646-443-3739 cell: 917-602-3111 michaela@nestseekers.com |
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Africa Israel signs agreement to sell former NYT building, Israeli Web site says
October 30th, 2009
Posted in New York City Real Estate News, Real Estate News
4 BR $1,995,000 Claremont
October 30th, 2009
Posted in City Apartments New York For Sale, City Apartments New York Homes, City Apartments New York Sales, Condos For Sale
Claremont
255 West 85th Street
New York NY Upper West Side (59-96)
Web ID#: 23984
Property Type: Hi-rise
Beds: 4
Baths: 3
Price: $1,995,000
view full listing |
SOUTH Facing four bedroom, three full bath home, in the heart of the Upper West Side! This magnificent home features over 2000 square feet of wall-to-wall HIGH END finishes. You will be amazed at the ONE-OF-A-KIND details that make this stunning home a true STAND-OUT.
Just stepping into the GORGEOUS CHEF’s kitchen will inspire you to cook incredible dinners to be served in your intimate dining alcove. Floor to ceiling custom fitted cabinetry in peppercorn cherry wood, is accented by silver accent cabinets with frosted glass. The whole look is pulled together with Imported Italian Alcorense porcelain floor tiles in metallic bronze, beveled granite counters, pale blue Terra glass back splash and under mount lighting.Stainless steel appliances include: Jennair Gas Range, Frigidaire side by side refrigerator, and Bosch dishwasher. The MASTER BEDROOM wing includes over sized walk-in closet designed in mahogany by CALIFORNIA CLOSETS, which is a luxury in and of itself! The stunning EN-SUITE master bathroom boasts full length mirrored closet, large vanity and separate make-up area. Relax in your deep soaking Bain Ultra Jacuzzi, and then step out into floor to ceiling Saint Agostino Pietre D’Italia tile, soothed in three separate lighting areas on dimmers. You’ll feel surrounded by greenery in your private bedroom, which overlooks neighboring gardens. Throughout the apartment, enjoy custom track lighting and designer glass fixtures, from Tech Lighting, Access, and PLC. Imported and hand painted tiles highlight the hall and en suite bath in second bedroom. The apartment also features, Crown Moldings, Central Air (new HVAC units throughout), over sized double pane windows (many are brand new), and sumptuous African Rosewood flooring through out. OWN MIELE WASHER / DRYER in utility closet. The STORAGE is absolutely incredible, and includes, utility closet, two hall closets for coats,linens, even a bike! Each of the three bedrooms has ample closet space — ALL CUSTOM DESIGNED BY CALIFORNIA CLOSETS. Custom fitted Hunter Douglas blinds compliment each room. PRIME Upper West Side Location! The Claremont is an impeccably maintained FULL SERVICE Doorman building just steps to the “1″ train and Crosstown Bus. Steps away to Pharmacies, Movie Theaters, Barnes and Noble, Restaurants, Zabaars, Fairway, and Riverside Park. |
| Sabrina Seidner direct: 646-443-3799 cell: 917-805-9475 sabrinas@nestseekers.com Susan Eley direct: 646-443-3786 cell: 917-453-4081 susane@nestseekers.com |
|
Today’s real estate news distilled into 50 seconds
October 30th, 2009
Posted in New York City Real Estate News, Real Estate News
In the Region | Westchester: Agents Find Benefits in Teaming Up
October 30th, 2009
Posted in New York City Real Estate News, Real Estate News
Square Feet | The 30-Minute Interview: Charles S. Cohen
October 30th, 2009
Posted in NYC Commercial Real Estate
Yankee Stadium demolition underway, scariest buildings in the city revealed … and more
October 30th, 2009
Posted in New York City Real Estate News, Real Estate News
2. Drama in Bed-Stuy water shut-down saga heats up [Brownstoner]
3. In honor of Halloween, a list of NYC’s top 11 scariest buildings [Curbed]
4. Former church for sale in Greenpoint [Brownstoner]
5. Ground Zero arts center plans close to dwindling [NYT]
6. W Union Square hotel a default risk [Bloomberg]
7. In Hamptons, haunted houses not a hot ticket [Curbed]
8. In the Bronx, Grand Concourse redesign ideas reexamined [NYT]
9. So-called “big box retail” opportunities popping up in unexpected real estate [Curbed]
10. Mass transit actually worse than originally acknowledged [NYT]
11. The number of vacant homes in U.S. climbs slightly [Bloomberg via Realtor Mag]
12. Ferrari in talks to begin its own brand of luxury real estate [Cityfile]
13. More Fannie Mae figures show growing portfolio, rising delinquencies [Reuters]
14. Fate of the Home Valuation Code of Conduct hangs in the balance [Washington Post via Realtor Mag]
15. Bank regulators warn of commercial real estate bust, again [Reuters]
16. NAR says extending higher FHA loan limits good for market [NAR via Realtor Mag]
Yankee Stadium demolition underway, scariest buildings in the city revealed
October 30th, 2009
Posted in New York City Real Estate News, Real Estate News
2. Drama in Bed-Stuy water shut-down saga heats up [Brownstoner]
3. In honor of Halloween, a list of NYC’s top 11 scariest buildings [Curbed]
4. Former church for sale in Greenpoint [Brownstoner]
5. Ground Zero arts center plans close to dwindling [NYT]
6. W Union Square hotel a default risk [Bloomberg]
7. In Hamptons, haunted houses not a hot ticket [Curbed]
8. In the Bronx, Grand Concourse redesign ideas reexamined [NYT]
9. So-called “big box retail” opportunities popping up in unexpected real estate [Curbed]
10. Mass transit actually worse than originally acknowledged [NYT]
11. The number of vacant homes in U.S. climbs slightly [Bloomberg via Realtor Mag]
12. Ferrari in talks to begin its own brand of luxury real estate [Cityfile]
13. More Fannie Mae figures show growing portfolio, rising delinquencies [Reuters]
14. Fate of the Home Valuation Code of Conduct hangs in the balance [Washington Post via Realtor Mag]
15. Bank regulators warn of commercial real estate bust, again [Reuters]
16. NAR says extending higher FHA loan limits good for market [NAR via Realtor Mag]
4 BR $1,995,000 Claremont
October 30th, 2009
Posted in City Apartments New York For Sale, City Apartments New York Homes, City Apartments New York Sales, Condos For Sale
Claremont
255 West 85th Street
New York NY Upper West Side (59-96)
Web ID#: 23984
Property Type: Hi-rise
Beds: 4
Baths: 3
Price: $1,995,000
view full listing |
Buyers are flocking to this extremely WELL PRICED CONDO! What’s not to like? It’s Sunny, Spacious and READY for Move-in!
SOUTH Facing four bedroom, three full bath home, in the heart of the Upper West Side! This magnificent home features over 2000 square feet of wall-to-wall HIGH END finishes. You will be amazed at the ONE-OF-A-KIND details that make this stunning home a true STAND-OUT. Just stepping into the GORGEOUS CHEF’s kitchen will inspire you to cook incredible dinners to be served in your intimate dining alcove. Floor to ceiling custom fitted cabinetry in peppercorn cherry wood, is accented by silver accent cabinets with frosted glass. The whole look is pulled together with Imported Italian Alcorense porcelain floor tiles in metallic bronze, beveled granite counters, pale blue Terra glass back splash and under mount lighting.Stainless steel appliances include: Jennair Gas Range, Frigidaire side by side refrigerator, and Bosch dishwasher. The MASTER BEDROOM wing includes over sized walk-in closet designed in mahogany by CALIFORNIA CLOSETS, which is a luxury in and of itself! The stunning EN-SUITE master bathroom boasts full length mirrored closet, large vanity and separate make-up area. Relax in your deep soaking Bain Ultra Jacuzzi, and then step out into floor to ceiling Saint Agostino Pietre D’Italia tile, soothed in three separate lighting areas on dimmers. You’ll feel surrounded by greenery in your private bedroom, which overlooks neighboring gardens. Throughout the apartment, enjoy custom track lighting and designer glass fixtures, from Tech Lighting, Access, and PLC. Imported and hand painted tiles highlight the hall and en suite bath in second bedroom. The apartment also features, Crown Moldings, Central Air (new HVAC units throughout), over sized double pane windows (many are brand new), and sumptuous African Rosewood flooring through out. OWN MIELE WASHER / DRYER in utility closet. The STORAGE is absolutely incredible, and includes, utility closet, two hall closets for coats,linens, even a bike! Each of the three bedrooms has ample closet space — ALL CUSTOM DESIGNED BY CALIFORNIA CLOSETS. Custom fitted Hunter Douglas blinds compliment each room. PRIME Upper West Side Location! The Claremont is an impeccably maintained FULL SERVICE Doorman building just steps to the “1″ train and Crosstown Bus. Situated in the heart of the Upper West Side, it’s steps to Pharmacies, Movie Theaters, Barnes and Noble, Restaurants, Zabaars, Fairway, and Riverside Park. The Claremont Condo is an intimate 49 unit building with very high owner occupancy (approximately 90%)! |
| Sabrina Seidner direct: 646-443-3799 cell: 917-805-9475 sabrinas@nestseekers.com Susan Eley direct: 646-443-3786 cell: 917-453-4081 susane@nestseekers.com |
|
Wilbur Ross: Commercial crash on its way
October 30th, 2009
Posted in New York City Real Estate News, Real Estate News
Wilbur Ross: Commercial crash on its way
October 30th, 2009
Posted in New York City Real Estate News, Real Estate News
Openings and closings: Wine shop on East 9th Street opens, Daydream closes
October 30th, 2009
Posted in New York City Real Estate News, Real Estate News

From left: An unnamed wine shop at 341 East Ninth Street, Daydream at 110 Third Avenue
In Tribeca, Reade Street Animal Hospital is open at 146 Reade Street between Greenwich and Hudson streets. Calypso has shuttered at 407 Broome Street near Cleveland Place and a wine shop will open in the space. In the East Village, a new wine bar is slated to open at 341 East Ninth Street between First and Second avenues. Daydream frozen yogurt shop has shuttered at 110 Third Avenue between 13th and 14th streets. A hair salon will open in the space. In the Chelsea Market at 75 Ninth Avenue between 16th and 15th streets, the Nut Box kiosk will open Nov. 1 along with a second kiosk called Nut Box Spices. One Lucky Duck will also open in the market, selling raw fruits and juices. In the West Village, Harlem eatery Recette will open a second location at 328 West 12th Street at Greenwich Street. Karaoke Boho has opened at 186 West 4th Street. Russian restaurant Mari Vanna has opened at 41 East 20th Street between Park Avenue South and Broadway in the Flatiron District. The Yard will open in the old Porky’s space at 55 West 21st Street between Fifth and Sixth avenues. On the Upper East Side, Elk Candy Company has reopened its online store after closing its storefront years ago at 1628 Second Avenue between 84th and 85th streets. According to a press release, menswear retailer Camicissima has signed a lease to open its first U.S. store at 509 Madison Avenue near 53rd Street.
Openings and closings: Wine shop on Broome Street opens, Daydream closes
October 30th, 2009
Posted in New York City Real Estate News, Real Estate News

From left: 341 East Ninth Street, 110 Third Avenue
In Tribeca, Reade Street Animal Hospital is open at 146 Reade Street between Greenwich and Hudson streets. Calypso has shuttered at 407 Broome Street near Cleveland Place and a wine shop will open in the space. In the East Village, a new wine bar is slated to open at 341 East Ninth Street between First and Second avenues. Daydream frozen yogurt shop has shuttered at 110 Third Avenue between 13th and 14th streets. A hair salon will open in the space. In the Chelsea Market at 75 Ninth Avenue between 16th and 15th streets, the Nut Box kiosk will open Nov. 1 along with a second kiosk called Nut Box Spices. One Lucky Duck will also open in the market, selling raw fruits and juices. In the West Village, Harlem eatery Recette will open a second location at 328 West 12th Street at Greenwich Street. Karaoke Boho has opened at 186 West 4th Street. Russian restaurant Mari Vanna has opened at 41 East 20th Street between Park Avenue South and Broadway in the Flatiron District. The Yard will open in the old Porky’s space at 55 West 21st Street between Fifth and Sixth avenues.
On the Upper East Side, Elk Candy Company has reopened its online store after closing its storefront years ago at 1628 Second Avenue between 84th and 85th streets. According to a press release, menswear retailer Camicissima has signed a lease to open its first U.S. store at 509 Madison Avenue near 53rd Street.
Upstart Brooklyn broker buys out Frank Manzione
October 30th, 2009
Posted in New York City Real Estate News, Real Estate News
$1,450,000 1 BR in Chelsea
October 30th, 2009
Posted in City Apartments New York For Sale, City Apartments New York Homes, City Apartments New York Sales, Condos For Sale
New York NY Chelsea (14-34 West 5th Ave)
Web ID#: 23983
Property Type: Mid-rise
Beds: 1
Baths: 1
Price: $1,450,000
view full listing |
This building is a ten-floor low-rise building with 22 duplex apartments divided in one bedroom, two bedrooms and three bedrooms apartments. Residences will be welcomed the 24-hour by the doorman.
Chelsea is a vibrant Manhattan neighborhood with many restaurants, bars and shops. This building is close to the Meatpacking District, one block away from the Hudson River, close to Chelsea Park, and within walking distance of a subway station. The apartments have modern interiors and lots of amenities like a bicycle room, a garden, private storage room, double-height ceilings, expansive multi-panel steel windows, an open floor plan, built-in recycling station in the kitchen, washer and dryer and a dishwasher. Please call 917 903 3356 for a viewing |
| Christian Gonzalez direct: 212.252.8772 ext 750 cell: 1917 903 3356 chris@nestseekers.com |
|
Mortgages: Fraud Watch for Homeowners
October 30th, 2009
Posted in New York City Real Estate News, Real Estate News
Elliman sues Hamptons power broker for back pay
October 30th, 2009
Posted in New York City Real Estate News, Real Estate News

Andrea Ackerman, Hamptons broker
It’s OK to Walk Away, A Law Professor Argues
October 30th, 2009
Posted in New York City Real Estate News, Real Estate News
Many Americans are enraged by the thought that some people are simply “walking away” from their homesin other words, ceasing to make monthly loan payments and waiting for the lender to foreclose. How irresponsible! How unfair to those of us who do pay our bills!
Brent T. White, an associate professor of law at the University of Arizona, has a different perspective: “Homeowners should be walking away in droves,” he writes in a new discussion paper entitled “Underwater and Not Walking Away: Shame, Fear and the Social Management of the Housing Crisis.” (Read the full paper.)
A failure to grasp the true economics of the situation is holding back many Americans whose home values have dropped far below the amount they owe and who would be better off renting, Mr. White says. Fear, shame and guilt also are preventing rational decisions, he believes. And, he says, those emotional constraints are encouraged by politicians and bankers, who ruthlessly and amorally follow their own economic interests while telling Joe Soggy Homeowner he has a moral duty to pay his debt so long as he possibly can.
How many people decide to walk away or, in other words, default strategically rather than by necessity? Mr. White quotes researcha study by Luigi Guiso, Paola Sapienza and Luigi Zingales, Moral and Social Constraints to Strategic Default on Mortgagesas estimating that only about a fourth of homeowner defaults are strategic. The rest are due to such things as divorce, job losses or other financial calamities that prevent people from meeting payments.
The real mystery is notas media coverage has suggestedwhy large numbers of homeowners are walking away, but why, given the percentage of underwater mortgages, more homeowners are not, the professor says.
Mr. White figures some people keep paying because they overestimate the difficulty of repairing the damage to their credit record that would be inflicted by a foreclosure. Some may be overly optimistic about the value of their homes or the potential for a near-term rebound in prices. Others, of course, may simply like their homes and not wish to move into rental housing.
At the same time, there is still a stigma that comes with failing to pay bills. Nobody wants to be identified as a deadbeat, Mr. White writes, and a high credit score can be seen as a sign of moral fiber.
The fear of trashing their credit scores helps prevent some people from making rational decisions, Mr. White believes. That plays into the interests of the banks or loan investors, who want as many homeowners as possible to keep sending in those checks.
The professor wants to level the playing field between bank and borrower. How? One way, Mr. White says, would be to amend the Fair Credit Reporting Act to bar lenders from reporting mortgage defaults to credit bureaus. With that threat removed, he says, homeowners would have more leverage with banks and so would be more likely to work out a deal, such as a reduction in the principal due on homes whose value has plunged far below the loan amount. The bank and the borrower both screwed up in making a bad bet on real estate; now they could share the pain.
It is time to put to rest the assumption that a borrower who exercises the option to default is somehow immoral or irresponsible, Mr. White writes.
So is Mr. White walking? No, he says. He believes he is just barely under water on his house in Tucson, 3% to 5%. Thats not enough that walking would make sense, he says. Still, with refreshing modesty, he adds: I can’t claim to be free from emotional and cognitive biases.
NYC brokers debate first-time homebuyer tax credit as expansion of program looms
October 30th, 2009
Posted in New York City Real Estate News, Real Estate News

From left: Prudential Douglas Elliman brokers Leonard Steinberg and Tamir Shemesh
Madoff victim buys $1.4M UES apartment from Nixon’s grandson
October 30th, 2009
Posted in New York City Real Estate News, Real Estate News
$5,495,000 4 BR in Upper East Side
October 30th, 2009
Posted in City Apartments New York For Sale, City Apartments New York Homes, City Apartments New York Sales, Condos For Sale
77th Street
New York NY Upper East Side (59-96)
Web ID#: 23975
Property Type: Hi-rise
Beds: 4
Baths: 3.5
Price: $5,495,000
view full listing |
Financials Price: $5,495,000 Common Charges: $2,854 Real Estate Taxes: $382 Financing: 90% Details Size: Four Bedroom Ownership: Condominium R/B/B: 6/4/3.5 Neighborhood: Upper East Side SF/SM: 2553 Apartment Features Kitchen: New; Dishwasher; Bathroom: New; Window: Oversized Windows; Washer/ Dryer; Penthouse; Balcony: 806 SF; High Ceiling; Powder Room; Building Description Cross Streets: Second Avenue and First Avenue. Concierge; Elevator; Post-war; Built 2009; Mid-rise; 18 Floors; 32 Apartments. Building Amenities Alarm System; Rooftop Deck; • 32 Units, 18 Story Building • Just 2 units per floor, one full floor 4 bedroom unit • 421 (a) Tax Abatement • Financing Available for Qualified Buyers • April 2010 Occupancy • Full Time Doorman • Roof Top Terrace • GREAT VIEWS! Top of the line Subzero and Viking appliances, Poggen Pohl cabinetry, quartz countertops and W/D Steam shower and radiant heat flooring in Master Bathroom, oversized windows and hardwood floors Great light and air, and private terraces/balconies in some. R.S.V.P. For a preview: |
| Jamie Knuckles direct: 646-443-3760 cell: 347-323-8671 jamiek@nestseekers.com Howard Henzel direct: 646.443.3767 cell: 917.836.8272 howardh@nestseekers.com |
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Former home of JFK sibling sees price chop
October 30th, 2009
Posted in New York City Real Estate News, Real Estate News

Patricia Kennedy Lawford and One Sutton Place South (Building photo source: PropertyShark)
Former home of JFK sibling, hedge fund manager sees price chop on market
October 30th, 2009
Posted in New York City Real Estate News, Real Estate News

Patricia Kennedy Lawford and One Sutton Place South (Building photo source: PropertyShark)
Downtown Brooklyn pedestrian plaza drawing community praise
October 30th, 2009
Posted in New York City Real Estate News, Real Estate News
Columbia construction hampering academic efforts
October 30th, 2009
Posted in New York City Real Estate News, Real Estate News
Madison Square Park area hotel-condo hit with foreclosure
October 30th, 2009
Posted in New York City Real Estate News, Real Estate News
Madison Square Park area hotel-condo hit with foreclosure
October 30th, 2009
Posted in New York City Real Estate News, Real Estate News
1 BR $639,000 Greenwich Club Great Investment Opportunity In Downtown New York
October 30th, 2009
Posted in City Apartments New York For Sale, City Apartments New York Homes, City Apartments New York Sales, Condos For Sale
Greenwich Club Great Investment Opportunity In Downtown New York
New York NY Wall St/Seaport/Battery Park (Chambers and down)
Web ID#: 23974
Property Type: Hi-rise
Beds: 1
Baths: 1
Price: $639,000
view full listing |
The building features a huge lobby out-fitted in rich chocolate marble that welcomes you the moment you come in; library with a piano and fireplace; billiards room; the Harbour Room for water views, dining and entertaining; have breakfast at The Cafe; relax on th Skydeck; stay in shape at the on-site Gym. Everything you need is just a few feet away. Close to mass transportation.
Building Amenities |
| Howard Henzel direct: 646.443.3767 cell: 917.836.8272 howardh@nestseekers.com |
|
When a Super Is a Requirement
October 30th, 2009
Posted in New York City Real Estate News, Real Estate News
Is there a New York City law that a co-op building must have a specific number of units to necessitate a live-in superintendent?
Legal Responsibility for Worker’s Damages
October 30th, 2009
Posted in New York City Real Estate News, Real Estate News
If a co-op’s contractor damages an apartment while conducting work for the co-op, who is responsible for paying for the damages, and what action can a shareholder take?
Co-op Applications and Confidentiality
October 30th, 2009
Posted in New York City Real Estate News, Real Estate News
A co-op board member’s wife says that she is an expert in her building’s workings and implies that she participates in the board’s review of sales of units. Does this merely seem unethical, or is it?
Former Yankees reporter now among Elliman’s top brokers
October 30th, 2009
Posted in New York City Real Estate News, Real Estate News
Former Yankees reporter now among Elliman’s top brokers
October 30th, 2009
Posted in New York City Real Estate News, Real Estate News
Chang hit with subpoenas in construction company investigation
October 30th, 2009
Posted in New York City Real Estate News, Real Estate News
Sam Chang, NY budget hotelier, hit with subpoenas in construction company investigation
October 30th, 2009
Posted in New York City Real Estate News, Real Estate News
Florida condominium sales climb
October 30th, 2009
Posted in New York City Real Estate News, Real Estate News
Geithner: Economy Can Withstand Commercial Real-Estate Woes
October 30th, 2009
Posted in New York City Real Estate News, Real Estate News
U.S. Treasury Secretary Timothy Geithner on Thursday expressed confidence that the deepening problems of the commercial real-estate sector wouldnt drag the economy back down.
The commercial property sector has emerged as the latest concern for lenders and policy-makers amid a tide of write-downs and sliding asset values that some lenders dont expect to peak until mid-2010.
I think the economy can handle it, Geithner told an audience in Chicago when asked if commercial property could reverse a domestic recovery, though he acknowledged that it was a difficult problem for policy makers to address directly…
Continue reading on Real Time Economics
New York landlords among those charged with cheating government out of $350,000 in Medicaid benefits
October 30th, 2009
Posted in New York City Real Estate News, Real Estate News
Real Estate News: Tax Credit Extension, Luxury Ski Freeze
October 30th, 2009
Posted in New York City Real Estate News, Real Estate News
Real Estate News compiles a daily wrap-up from each mornings Wall Street Journal and other news sources.
Expanded Tax Credit A Good Deal? (WSJ): An expanded tax credit could make buying a house a better deal — but only if there are low prices and slumping mortgage rates, writes Brett Arends.
Luxury Ski Areas Hit Big Freeze (WSJ): This fall, the biggest ski deals aren’t just on lift tickets; they’re on custom-built homes with views and slopeside condos with Jacuzzi tubs.
Stimulus Helps Fuel Expansion (WSJ): The U.S. economy would have turned in a far worse performance in the third quarter without government help. Now the question is whether growth can continue without that support.
Federal Home Loan Banks Post Losses (WSJ): Five of the 12 regional Federal Home Loan Banks reported losses for the third quarter, reflecting further write-downs on mortgage-backed securities.
U.K. Home Prices Rise Again (WSJ): U.K. house prices rose less than expected on a monthly basis in October, but still posted their first increase in annual terms for 19 months.
Mary Kate and Ashley Olsen go house-hunting in Chelsea, Bed-Stuy library branch closing for repairs again
October 30th, 2009
Posted in New York City Real Estate News, Real Estate News
3. Renters feel less safe, study shows [Realtor]
3. Mary Kate and Ashley Olsen were house-hunting in Chelsea [NYDN, 1st item]
4. Silverstein: WTC project needs the private sector [Downtown Express]
5. Volunteers help clean up foreclosed properties [Realtor]
6. 9/11 Museum CEO: Construction on track for opening by 10th anniversary [Downtown Express]
7. Bed-Stuy library branch closing for repairs again [NYDN]
8. Ask a realtor anything [Realty Times]
9. Downtown temporary zoning may replace elementary school lottery system [Downtown Express]
10. Park Slope, Riverdale among the sweetest, safest NYC nabes for trick-or-treating [NYDN]
11. REIT’s have not reached a bottom [Realty Times]
12. In Park Slope, 211 23rd Street developers try guerilla marketing [NYDN]
13. Architects group decorates subway walls with recent NYC projects [NYDN, 2nd item]
14. Moodys will take action following RMBS loss projections [Housing Wire]
15. Economy starting to grow, but recovery could still be at risk [Yahoo]
16. Legislation proposed to prevent future bailouts [MSNBC]
17. Limited number of distressed properties on the market, panel says [GlobeSt]
18. Port should guarantee Silverstein's loans on new WTC towers, says resident [Downtown Express]
19. FHA-backed 203(k) rehab loan becoming an increasingly popular option [Realtor]
20. Mortgage insurers react to extending the first time homebuyer tax credit [The Street]
21. Forest City Enterprises closes on $90M refinancing for Mass. office buildings [ABC]
22. Housing activists celebrate 50 years of community work [Villager]
23. Chinese drywall reports still inconclusive [ABC]









