New York housing market saw June increase

Sales of existing single-family homes in New York in June showed a more than 17 percent increase, compared to May 2007, and a nearly...

Real Estate Round-Up

The Real Estate Board of New York (REBNY) came out with it’s second quarter report, and the prognosis is good (for sellers). Citywide, the...

New Yorkers pay highest closing costs

A nationwide survey of lenders by Bankrate.com found that while closing costs are lower than last year, residents of some states continue to pay...

Apricey bite of the Big Apple

While real estate prices drop in Florida and California, in New York City, there is a scarcity of good properties and local demand remains...

Commercial real estate refuses to cool in New York

The Cathedral of Commerce once again is living up to its nickname. The Woolworth Building, a 1913 Gothic masterpiece in downtown Manhattan, was set...

So, Is Atlantic Yards a Rip-Off or Not?

It’s been an odd week in the history of Atlantic Yards project. Last Friday, the Mayor said that $300 million worth of tax breaks...

Tax incentives for Rochester Technology Park approved

The County of Monroe Industrial Development Agency has approved tax incentives for the soon-to-be new owner of Rochester Technology Park — the former Kodak...

NYC ‘DEBT’ RECKONING

A silent crisis is ripping through many city neighborhoods as more and more homeowners are unable to pay down their subprime mortgage loans. In Brooklyn's...

Unique way to grant land ownership to New York real estate in bite-sized pieces

A New York City company has found a very unique way to grant land ownership to New York real estate in bite-sized pieces. They’re...

Public, Private, Who Decides?

The city's attempt to increase its East Side park space has hit a boulder. A boulder in the shape of a swank Sutton Place...

They were so drunk on money and power that they didn’t know their incompetence

As suspected here last week, long-term interest rates have stabilized: the all-powerful 10-year T-note is in a broad range below 5.2 percent, and mortgages...

Mount Vernon commercial real estate strong, pros say

A panel discussion by business professionals in Mount Vernon painted a local real estate market whose commercial sector was stronger than the residential. Maybe it...

Owners of last remaining parcel of New Brighton site accept $7.6M for their land

Acres of low rolling hills in New Brighton, where nearly 300 homes were once planned, were secured recently as a public park when the...

Moving to the Hudson Valley region

Low interest rates, a hot real estate market and a migration northward from New York City have led to inflation in the Hudson Valley,...

New owners of Rochester Technology Park in Gates have grand plans

The soon-to-be new owners of Rochester Technology Park in Gates — site of the former Eastman Kodak Elmgrove facility — have grand plans for...