All Posts Tagged With: "NYC real estate"
Did Average Lehman Brothers’ Employee Really Make $322K? And What Does That Buy You in NYC?
(post by Dee) One part of the Lehman Brothers collapse, bankruptcy and sale that has been controversial is a stat published on the average income of Lehman Brothers’ employee salary: $332,000. How does a company going under pay so much to people that basically let it fail? Beats me!
So I decided to poke around [...]
Will the Prices of Real Estate Go the Wall Street Way and Fall Even More?
(post by Dee) Everyone has the same question to ask? Will the prices of real estate fall even more, and if yes, in what markets, what properties, and how much? And what about other assets, like stocks and bonds? Wall Street meltdown of the past three days (Dow down 1000 points!!!) leaves everyone wandering: where [...]
18Sep2008 | | 0 comments | Continued
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 [...]
2Sep2008 | | 0 comments | Continued
NYC’s Green Condos: Sustainable Development LEEDs to Residential
(post by Dee) Green buildings. Sustainable development. Energy efficient design. LEED certified. These are hip words these days, and green or efficient is no longer just for office buildings. Everybody wants to be “green” because it gives you certain cache and makes you looks good. So much easier to market, so much better PR, not [...]
25Aug2008 | | 0 comments | Continued
Maspeth, NY Short Sale Goes Through. Mortgage Relief Not Needed
(post by Dee) 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 [...]
15Aug2008 | | 0 comments | ContinuedBuying 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 | 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
Get Broker Tales by email