Archive for July, 2008
Buying Out Tenants and Affordable Apartments in NYC
(post by Dee) Back in May, we posted a story titled Rent Stabilized Buyout NYC. Just yesterday, a fellow named Greg responded… it seems his landlord is trying to get him out and he thought the $15,000 buyout number was ridiculously low. Well, if he’s paying $500 and by moving out he’d now have to [...]
31Jul2008 | | 0 comments | ContinuedLoan Modification and Keeping Americans in Debt
(post by BT) Here is the solution to all the mortgage woes out there…. Loan modification. Skip a few mortgage payments, contact your bank and they will work out a deal that meets your needs. Actually, it is not much different from applying for a loan. The catch? You have to wait until you actually [...]
28Jul2008 | | 0 comments | Continued
About Breaking Reatail Leases: Is Starbucks Paying to Get Out?
(post by Dee) Quick lesson in commercial real estate… Sorry – I’m being pulled back to the Starbucks closing 600 stores! Although they are closing retail locations to save money or “trim fat”, they still may have to dish out lots of money in order to get out of those commercial leases. Take a lease [...]
24Jul2008 | | 0 comments | Continued
Starbucks Closing 600 Stores = Not Good for Those Landlords
(post by BT) Have you heard the one about the most desirable retail tenant in the US closing 600 locations? Not that funny? Well, with the prices of gas and food through the roof, those $5 venti, lite, half-caff, soy, double shot, vanilla lattes were bound to take a hit. What does that mean [...]
22Jul2008 | | 0 comments | Continued
30-30 Thompson Street, LIC - IDCNY Building: Factory-turned-cool
(post by Dee) Ever drove over Queensborough Bridge or took the #7 train and noticed the red IDCNY sign towering over a building in Long Island City? I’ve been living in the area for 14 years before learning what that building is. In fact, it wasn’t until July 4th, 2007 that I found out what [...]
21Jul2008 | | 0 comments | ContinuedDelinquent on Your Mortgage? No Problem.
If you are actually delinquent on your mortgage and are scared that you are going to face big problems, you are wrong. You are fine. It’s the people who actually put a full down payment (money they were able to save because they have the financial means and know how to manage their money) but [...]
15Jul2008 | | 0 comments | Continued
Overpriced Land for Sale in Queens: Long Island City Condo Development
(post by BT) Lately, I have been seeing a growing number of overpriced land for sale by real estate agents. Just because you have land, and it’s in a prime location, it does not mean people should overpay. There is a logical, true value for everything. Even in hot, up-and-coming areas like Long Island City [...]
11Jul2008 | | 1 comment | Continued
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