The Real Deal New York

Price cuts at Fifth Street Lofts, 71 percent of Americans think it’s a good time to buy a home … and more

April 20, 2009 05:50PM

1. Price cuts at Toll Brothers’ Fifth Street Lofts [Curbed]
2. Three units for sale at the Rosario Candela-designed 834 Fifth Avenue [NYO]
3. Building puts sign up warning brokers not to bother residents to let them in to show units [EV Grieve]
4. Chinatown residents say new condos are gentrifying the neighborhood [Gotham Gazette]
5. 71 percent of Americans think it’s a good time to buy a house, according to a Gallup Poll [Matrix]
6. Artists cleared out of studios at Crane Street Studios after fire escape collapsed [NYT]
7. Construction of the World Trade Center’s Tower 4 may be delayed or stopped [Post]
8. Washington Heights residents protest post office closings [NY1]
9. State reopens bidding to bring video slot machines to Aqueduct Racetrack [NY1]
10. Staten Island baseball fields closed due to radium-contaminated soil [SI Advance]
11. Long Island tenant decapitated his landlord’s pet snake and tried to burn his house down [NYDN]
12. Manhattan Bridge archway reopens [Gothamist]
13. Homeless day laborers in the Hamptons living in hidden camps in the woods near multi-million dollar homes [CBS]
14. Brooklyn’s Municipal Building’s facade getting a makeover [McBrooklyn]
15. Madoff judge bars assets transfer, including homes [Bloomberg]
16. Observer’s poll on for most powerful people in NY real estate [NYO]
17. Home prices affordable again in much of U.S. [WSJ]
18. Foreclosures continue to rise as moratoriums end [Property Wire]
19. Is home ownership a burden? [Seeking Alpha]
20. Which REITs are a good investment now? [Seeking Alpha]
21. JPMorgan Chase, Well Fargo and Citigroup still buying “toxic” mortgage bonds [National Mortgage News]
22. Is mortgage insurance contributing to the foreclosure epidemic? [Realty Times]
23. Foreclosure scams feed on desperation [USA Today]
24. A third of sales are now of foreclosed properties, Freddie Mac says [CNBC]
25. What happens to tenants when landlords fail [Inman]
26. Americans need greater financial literacy, Bernanke says [USA Today]

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