Peter A. Harris - Bronxville Properties Real Estate Counselor Specializing in Coops & Fine Homes

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NY Times Real Estate News



NYT > Real Estate
STREETSCAPES/West End Avenue: Three Apples of Somebody’s Eye9/2/2010 4:51 PM
West End Avenue and vicinity was once a stronghold of town houses. Three of the now-rare breed bear distinctive traces of the attentions of recent owners.

House Tour: New Preston, Conn.9/2/2010 10:28 PM
On Lake Waramaug, a converted boathouse has a stone foundation, a wraparound deck and direct access to the water.

Property Values: What You Get for ...$275,0008/31/2010 11:02 PM
A one-bedroom condo in Philadelphia, a three-bedroom bungalow in Tennessee and a two-bedroom house in Wisconsin.

The Appraisal: Using Private Eyes to Keep Track of Tenants9/2/2010 5:03 PM
Real estate investigation, a big business in a borough like Manhattan with plenty of rent-regulated apartments ripe for exploitation, has picked up in the past year.

A Frontier With a View on the Far West Side8/30/2010 9:07 PM
High-rise residential towers are attracting young people and forming the beginnings of a neighborhood.

Big Deal: The Weird World of L.L.C. Names9/2/2010 3:09 PM
The wealthy and celebrities often buy property under limited liability companies, often with whimsical names.

Big Deal: On 86th Street, a Town House Awaits Former Glory9/2/2010 3:07 PM
Once a grand mansion steps from Central Park, it had fallen into disrepair. Now it is for sale for $8.95 million.

Square Feet: Above Ground, a 2nd Ave. Subway Plan Attracts Critics8/31/2010 11:15 PM
A half-dozen buildings on Second Avenue will house ventilation equipment, disperse smoke and allow for evacuation from subway tunnels in emergencies.

Posting: A Building With 3 Facades, 8 Rentals and a School8/30/2010 12:32 PM
A site 12 years in the making was at different points imagined as a single-family home, a United Nations mission and a hospital.

Square Feet: A Detroit District Thrives by Building on the Past9/2/2010 3:11 PM
Developers in Midtown are refurbishing older buildings, using tax credits and public financing, as much as they are building from scratch.


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[Patterns] CNBC/Trulia Home Traffic Report9/3/2010 4:30 AM
Trulia teamed up with CNBC to leverage their unique data, tracking consumer search behavior in the nation’s top 100 cities as a possible proxy for future sales activity in a market. It’s intriguing and uncharted (no pun intended) waters. I look forward to seeing expanded results. My very sharp friend and Trulia’s VP of Marketing [...]
[NAR] July 2010 Pending Home Sales Index9/2/2010 5:28 PM
[click to expand] The Pending Home Sales Index, a forward-looking indicator, rose 5.2 percent to 79.4 based on contracts signed in July from a downwardly revised 75.5 in June, but remains 19.1 percent below July 2009 when it was 98.1. The data reflects contracts and not closings, which normally occur with a lag time [...]
Manhattan Co-op Maintenance Up 19%9/2/2010 9:00 AM
[click to open article] AnnaMaria Andriotis at SmartMoney asked me to look at the state of maintenance charges for Manhattan co-ops on an annualized basis. It’s generally easier to look at maintenance charges for co-ops on a per square foot basis per month (ie a 1,000 sq ft apartment with a $1,500 monthly maintenance is $1.50/sqft/month). [...]
[ChartPorn] New York City Foreclosures et al9/2/2010 4:30 AM
Crain’s New York just released their City-Facts edition which is chock full of data (including ours). Here are a few key charts in the residential section. And charts based on our firm’s data.
[RSS] Thursday Morning Before Earl Infomosis9/2/2010 3:00 AM
And some other interesting stuff that’s been accumulating in my RSS reader… [West Side Spirit] Manhattan Borough President Scott Stringer rejects Extell’s Riverside plans [Think BIG] Bearish Sentiment Rises to Highest Level Since March 2009 [MyTownCryer] Rational Apathy or Good Common Sense? [Mass RE News] Realtors Should Not Let Short Sale Investors Negotiate With Lenders [For What Its Worth] Attention, [...]

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New York
Decision Delayed on Stuy-Town Foreclosure9/2/2010 4:21 PM

NEW YORK CITY-A judge heard arguments Thursday in the dispute between mortgage holders and a partnership that bought senior mezz debt, but did not issue a ruling.

HRC Closes on $2.8M Mortgage Loan9/2/2010 12:57 PM

NEW YORK CITY-The loan was used to purchase the existing first mortgage on an 8.9-acre industrial park in Staten Island.

New Law Demands More Transparency from NY Brokers9/1/2010 11:00 PM

NEW YORK CITY-New legislation instituted in New York will require realty brokers to disclose information to sellers and buyers of condos and co-ops in written form describing the relationship between the brokers and their clients and the responsibilities of the brokers.

Vornado Plans $400M Buyback of Senior Notes9/2/2010 1:00 PM

NEW YORK CITY-Goldman Sachs is acting as the deal manager for the REIT's repurchase of convertible debentures due in 2026 and 2027.

B&N Out, Century 21 In on Upper West Side9/1/2010 3:33 PM

NEW YORK CITY-A Lower Manhattan fixture for 50 years, Century 21 is leasing 61,000 square feet of retail space near Lincoln Center.

Wall Street Sees Opportunities in RE Funds9/1/2010 1:13 PM

NEW YORK CITY-Investors take advantage of funds' need for cash at a time when few funds succeed in going back to the well, the WSJ says.

Stock Performance Drives REIT Compensation Gains9/1/2010 4:21 PM

NEW YORK CITY-Surveys by Schonbraun McCann and NAREIT both find REITs cautiously optimistic about their prospects for next year.

Jewish Geriatric Center Sold to Boro Park Center8/31/2010 11:00 PM

NEW YORK CITY-Park Center for Rehabilitation and Healthcare is purchasing the Jewish Geriatric Center, a not-for-profit 354-bed nursing home at 4915 10th Ave. in Brooklyn, for $60 million.

City Leases 81,800 SF of Space at 2 MetroTech Center8/31/2010 11:00 PM

BROOKLYN, NY-The Department of Citywide Administrative Services in New York City has inked a lease for 81,800 square feet of office space in downtown Brooklyn at 2 MetroTech Center.

Extell's Riverside Apartment Project Under Fire8/31/2010 11:00 PM

NEW YORK CITY-Extell Development's proposed plan of converting the Riverside Center on the Upper West Side to a 2,500-apartment project is facing opposition from the Manhattan Borough President Scott Stringer.

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