All Posts Tagged With: "NYC real estate"
1 800 Mattress Going Out of Business at 260 W 35th St and 24 Others Locations
(post by Ardie) It is not a secret that 1-800-Mattress, a staple NYC-brand of 33 years, also known as Dial-a-mattress and mattress.com is bankrupt and has been in merger talks with its rival, Sleepy’s. After all, 1-800-Mattress did file for Chapter 11 bankruptcy protection last Monday. But a challenge from its largest franchise group may [...]
30Mar2009 | | 0 comments | ContinuedPros and Cons of Buying Real Estate in Today’s Market
(post by Dee)
Pro: Low Mortgage Rates
Rates are at historical lows, and for most credit-worthy borrowers, a mortgage of under-5% means hundreds of dollars saved in monthly mortgage payments, tens of thousands over the life of your mortgage.
Con: Frozen Credit Lines
Banks are still not lending. Yes, they received billions of taxpayers’ dollars from the Treasury, but [...]
Eliot Spitzer and Dad Invest in DC Real Estate at 1615 L Street
(post by Dee) Have you been wondering what happened to Eliot? The disgraced ex-governor of New York, Elliot Spitzer, has found a new gig. Well, sort of… He and his loaded real estate investor dad, Bernard Spitzer, have purchased 420,000 s/f office building in Washington, DC for $180 million. Located at 1615 L Street, the [...]
13Mar2009 | | 0 comments | Continued
Atco Loses Atlas Park at 8000 Cooper Ave in Glendale That Hemmerdingers Owned Since 1920s
(post by BT) In these economic times, one missed payment could mean that you lose a mall. Especially if your mortgage is held by French banks Societe Generale and Calyon. The Shops at Atlas Park mall is changing hands effective today after its developer Atco Properties & Management, defaulted on a loan payment. What went [...]
20Feb2009 | | 0 comments | Continued
NIghtclub Eugene Shuts Door after 18 Years at 27 W 24th St
(post by Dee) Club Eugene, located at 27 W 24th Street, entertained NYC for 18 years… It has closed two weeks ago without any hoopla or even much mention, in general media. Most guest list and nightclub info sites, like Velvet Rope, still don’t mention anything. The 17,000 sq ft, 2-story place in now being shopped around to “more neighborhood-friendly” tenants, according [...]
12Feb2009 | | 0 comments | ContinuedCraig’s List Finally Takes Action to Prevent Housing Discrimination
(post by BT) Looks like Craig’ List finally got up to speed, caught up with the times…
Below is their new and finally clear description of what is not allowed. Craig’s even provides potential victims of discrimination links to file complaints.
What I would like to know is… now that they have made it easier to make [...]
Empty Retail Spaces in NoHo – Broadway and Astor Place is Land of K-Mart
(post by Dee) Whatever happened to NoHo?! I went down there the other day and couldn’t help but notice how quiet and dead it was. I had an eerie feeling that the festive, cool, lively spirit has left the neighborhood. Half of the storefronts along Broadway were vacant, and 8th Street was deserted! Besides NYU, [...]
14Jan2009 | | 0 comments | Continued
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