Current Real Estate News! – Peter A Harris

Peter A. Harris - Bronxville Properties

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The New County Squires	7/3/2009 8:43 PM
City renters are taking their money to where the grass is truly greener. They are buying weekend homes.
Habitats: The Traveling Circus Stops Here	7/3/2009 8:45 PM
Two clowns who perform in some of the most troubled places on earth practice in a walk-up near 128th Street.
Streetscapes \| 440 East 56th Street: For a Lullaby, the Bip-Bop-Bip of Tennis Balls	7/3/2009 8:58 PM
The apartment building at 440 East 56th Street is an exemplar of how modernism and humanism can coexist.
Posting: Take That, Billy Burg!	7/3/2009 9:00 PM
The cartoon mascot representing Jackson Heights, Queens, has re-emerged as the star of a comic strip.
Mortgages: Securing a Jumbo: No Small Task	7/3/2009 8:59 PM
The nonconforming “jumbo” mortgage, which exceeds the conventional “conforming” loan limit of $729,750 set by Fannie Mae and Freddie Mac, is becoming more difficult to obtain.
Big Deal: Pooh to the Plaza	7/3/2009 8:46 PM
Property records filed last week show that a corporation linked to Andrei Vavilov closed on the purchase of a penthouse at Time Warner Center for $37 million.
Big Deal: The $18 Million Fixer-Upper	7/3/2009 8:46 PM
A penthouse atop the Trump International Hotel and Tower owned by the financially troubled Italian movie mogul Vittorio Cecchi Gori is in contract to sell for $18 million.
Away: A Jazz Voice Finds a Mellower Range	7/3/2009 2:05 AM
When it’s time for the jazz singer Sheila Jordan to work on arrangements, she heads to Middleburgh, N.Y.
Organic Farms as Subdivision Amenities	7/1/2009 8:53 AM
Developers are trying to make lots more attractive by putting crops in the ground.
International Real Estate: For Sale in ... Iceland	7/1/2009 11:09 PM
Iceland’s real estate market boomed for much of the last decade, but now many people are being forced to sell.

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[In The Media] CNBC SQUAWK On The Street 7-2-09	7/2/2009 11:13 AM
Diana Olick did a nice job covering the important points on the release of our Manhattan Market Overview 2Q 09.
[Where Credit Is Due] 2Q 2009 Manhattan Market Overview Available For Download	7/2/2009 10:28 AM
The 2Q 2009 Manhattan Market Overview that I author for Prudential Douglas Elliman was released today. Other reports we prepare can be found here. The 2Q 2009 data and a series of updated charts will be available today. Press coverage can be found here. An excerpt …The Manhattan market, as measured [...]
[In The Media] Fox Business News 6-30-09	6/30/2009 9:36 PM
I did another stint on Fox Business News covering the The Home Valuation Code of Conduct (HVCC) and how appraisers feel about it. Last week I did an interview about HVCC on FBN with Neil Cavuto. I’ve been interviewed by each of the anchors Brian Sullivan and Dagen McDowell on prior occasions. Both [...]
Case-Shiller Index: 18.7% Becomes 18.1% = Market Falling, Just Not As Much	6/30/2009 12:54 PM
Here’s a cool WSJ interactive map on the results and here is the official CSI press release. The general media coverage focus on the April S&P Case Shiller numbers talks a lot about the 3rd consecutive month of the ease in the rate of price declines. But the jobs outlook slipped, sapping consumer confidence. An interesting, [...]
Real Estate Mass Delusion Necessitates Consumer Protection	6/30/2009 8:51 AM
Two interesting articles for Matrix readers to take a look at… In the current issue of the New Yorker, there’s a terrific article by James Surowiecki called Caveat Mortgagor who discusses the potential legislation to create a consumer protection agency for financial products comparing it to the birth of the FDA. Bankers and Wall Street won;t [...]

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GlobeSt. Topics - New York City
Medical Tower Lines Up First Tenants	1/1/0001 12:00 AM
NEW YORK CITY-Eleven healthcare suppliers, including the $87-billion Cardinal Health, have signed on for space at the forthcoming 60-story World Product Centre.
Trepp Sees Rise in CMBS Delinquency	1/1/0001 12:00 AM
NEW YORK CITY-Defaults on securitized loans will keep ticking upward, although Trepp says the June delinquency rate is inflated by GGP.
Two Leases Total 26,000 SF at 810 Seventh	1/1/0001 12:00 AM
NEW YORK CITY-Comverse Technology is doubling its space to 17,320 square feet; new tenant Nigro Karlin moves in with 8,541 square feet.
Council Signs Off on Fordham Expansion	1/1/0001 12:00 AM
NEW YORK CITY-The plan approved by the City Council on Tuesday incorporates further changes to the university’s blueprint for enlarging its Lincoln Center campus.
Massey Knakal Tapped to Sell Warehouse	1/1/0001 12:00 AM
NEWARK-The 17,500 distribution facility is being marketed for $1.8 million.
Taubman Mall Appeal Is Denied	1/1/0001 12:00 AM
LONG ISLAND, NY-According to the Long Island Business News, the January 2009 environmental impact statement request ruling will stand.
High Court to Hear Atlantic Yards Appeal	1/1/0001 12:00 AM
NEW YORK CITY-Both community activists and Forest City Ratner Cos. say they’re confident of prevailing before the state Court of Appeals
VIDEO: The Sharpest Slide in US Market Ever	1/1/0001 12:00 AM
NEW YORK CITY-Ian Ritter, GlobeSt.com's national online editor, chats with IPD's Ian Cullen about world economics, its impact on the US and vice-versa.
Japanese Consulate Renews 57,000-SF Space	1/1/0001 12:00 AM
NEW YORK CITY-A tenant at the 1.2-million-square-foot 299 Park Ave. since 1989, the Consulate General of Japan is staying there for another decade.
Planning Commission Okays ARC Tunnel	1/1/0001 12:00 AM
NEW YORK CITY-The City Council will now review the $8.7-billion rail project, a joint venture of the Port Authority and New Jersey Transit.

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