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Sexual Offenders in Your Neighborhood / Zip Code: Know Your Criminal Neighbors
(post by BT) One of the most important things for a parent buying a new home is the safety of the new neighborhood to which they are about to move their kids. No matter how clean the area, how great are schools, how good is transportation, safety always comes, as it should, first. Well, before [...]
2Sep2008 | | 0 comments | Continued
Maspeth, NY Short Sale Goes Through. Mortgage Relief Not Needed
A couple of our posts were devoted to a short sale transaction in Maspeth, Queens, NYC. The family, going through a divorce and financial hardship (of their own doing, no doubt), has two school-age kids. The first buyer backed out of the sale angering us and discouraging the sellers, who at that point had already [...]
15Aug2008 | | 0 comments | Continued
Foreclosure Epidemic in America, I.O.U.S.A. - From Crack to Debt
(post by BT) Remember in the 80’s, those posters, billboards and commercials about drug use? You would see them all the time? Remember “Crack is whack!” “This is your brain on drugs.”? Well, driving in Midtown Manhattan the other day, I noticed a different kind of message dominating… The new dominating theme is, suddenly, FORECLOSURES! [...]
7Aug2008 | | 0 comments | Continued
5-09 48th Avenue, LIC: 5th St Lofts aka 5SL Condo by Toll Brothers
(post by Dee) Among the largest and most recognizable new condo developments in Queens’ Long Island City is 5SL, or 5th Street Lofts. Here are some facts and professional opinions about this Toll Brothers development.
The development consists of two buildings: 5-09 48th Avenue (main entrance / larger building), with 118 units, and [...]
Rent By-owner Ad on Craig’s List
(post by BT) This ad appeared on New York Craig’s List in July (we noticed it on July 22, 2008):
“THIS 2 BEDROOM APT. OFFERS A BRAND NEW BATHROOM EQUIPPED WITH ULTRA MODERN CORNER SPA TUB, AND SEPARATE SHOWER. BRAND NEW KITCHEN WITH GRANITE COUNTERS AND BACKSPLASH. LAMINATE FLOORING THROUGHOUT. EXCELLENT LOCATION, WALKING DISTANCE TO SHOPS [...]
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
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