New York Times Real Estate News
Gotta Move, Gotta SellAdam and Gillian Rogers, with Addison, 1, and Sage, 6, pay a visit to the Brooklyn apartment they vacated when Mr. Rogers was transferred to Switzerland. They have cut the price but so far have had no nibbles.For some homeowners, life has gotten in the way, and they have no choice but to wade into the storm-tossed market.
Fighting Eyesores Before They Start56 Leonard Street, vacant while it awaits a financial go-ahead.The City Council has a plan that would allow developers to hang onto their permits if they keep their sites safe and secure.
Habitats | Grand Concourse: Ensconced in the BronxJosé Diaz- Oyola?s spacious longtime home bespeaks past elegance, with its sunken living room and variously patterned parquet floors. José Diaz-Oyola has been living in his apartment for 34 years and says of life in the Bronx, ?I would not live anywhere else.?
Streetscapes | 113 Jane Street: Popeye Slept Here and Now Olive Oyl Can, TooOriginally built in 1908 as a lodging house for seamen, the new Jane Hotel is one of New York?s most unusual lodgings.
The Hunt: No Longer Out of ReachAfter a year in Carroll Gardens, Brooklyn, Danny and Rachael Cordella were more than ready to return to the west side of Manhattan.
Living In | Sleepy Hollow, N.Y.: River Views Beyond the Concrete OceanOnce a major tax provider, General Motors closed its assembly plant in Sleepy Hollow 11 years ago. The weak economy and local resistance killed a mixed-used plan for the site last year.Sleepy Hollow, N.Y., hit by the closure of the General Motors plant in 1998, is still rich with recreational opportunities and a variety of residential neighborhoods.
IN THE REGION | Connecticut: For Sure-Bet Buildings, Iffy TimesTrump Parc, left, and Highgrove, both luxury condominium developments although different in character, are poised to open in Stamford.In Stamford, two major luxury high-rises are near completion, yet it is clear that the timing could be better. Sales are slow at best.
IN THE REGION | New Jersey: The Home-Grown AdvantageLois Schneider, center, with other agents from her firm. She called the recent merger of Coldwell Banker and Burgdorff ERA ?confusing for the public, at least right now.?Two of the state?s largest real estate agencies are being melded into one by a parent company, which some independent agencies are seeing as an opportunity.
IN THE REGION | Long Island: Aging in Place by DesignPatricia and Carmelo Viola?s new town house at Locust Cove at Oakdale includes an elevator, among other user-friendly features. ?Hopefully, we will have a long life here together,? Ms. Viola says.With the population aging, universal design features such as an elevator or wider hallways have become a priority in new construction.
Mortgages: Experience May Not CountNew research suggests that more experienced mortgage brokers might actually be more likely than novices to make loans that end up in foreclosure.
Big Deal: A Jostling MatchBrokers say a group of investors was hoping to scoop up valuable West Side town houses at fire-sale prices, but they were outbid by a hedge fund manager with money to spare.
Big Deal: Block PartyA billionaire who built several fortunes in pharmaceuticals has picked up a second Fifth Avenue address with a view of the Central Park reservoir and beyond.
Big Deal: The Madoff ListingA broker wanted to donate his services in selling Bernard L. Madoff?s Manhattan penthouse, but the Justice Department set him straight.
Square Feet: The 30-Minute Interview: Jeffrey E. LevineMr. Levine is the president of Levine Builders, which operates Douglaston Development and Clinton Management.
Victim of Excess, a Western Resort for the Rich Is SoldThe Yellowstone Club is in new hands after a $115 million deal that the new owner hopes will close the door on its much publicized descent into bankruptcy.
Away: An Unruly Haven in the WoodsVictor Navasky?s 130-acre country retreat is like a ?60s-style commune with croquet instead of drugs and dysfunction.
Living Here | Homes Near White-Water Rafting: Reading the River?There?s a big offshoot for parking rafts, and my friends come and we use this place as a base. We crash, then head for the Payette or the Lochsa.?
A 12-Foot-Wide Home on the NileKent Weeks and his wife, Susan Weeks, who both work on the excavation of a tomb, live on a houseboat on the Nile.
International Real Estate: For Sale in ... Tel AvivEven though the pace of housing sales in Tel Aviv has slowed, they are generally still on the rise.
Property Values: What You Get for ... $89,000A one-bedroom condo in Austin, Tex., a two-bedroom cabin in Rapid City, S.D., and a three-bedroom colonial in Springfield, Mass.
Mortgages Are Now a Bank?s Best FriendMortgages have switched from a bane to a boon for banks in the second quarter because of a refinancing wave.
Struggling Landlords Leaving Repairs UndoneNew York City property owners having trouble making ends meet are leaving their apartment tenants in limbo.
In Manhattan, Softer Rents, Better DealsWhether rents have bottomed out is debatable, but there are signs that tenants have greater bargaining power and that landlords are making concessions.
7-Eleven Sees an Opportunity to Open DoorsThe convenience store chain is taking advantage of a weakened real estate market with a plan to open more than 200 new stores nationwide.