Foreclosed properties auctioned for 14 cents on the dollar, New York City to offer public work places … and more

TRD New York /
Aug.August 18, 2009 08:09 AM

1. Foreclosed properties in New York and New Jersey auctioned for 14 cents on the dollar [Crain’s]
2. 180 Orchard Street is on the market for $48 million [Curbed]
3. Overleveraged buyers of rent-regulated apartments create problems in the Bronx [Crain’s]
4. Façade collapse disrupts service on the No. 1 subway line [NYT]
5. New York City to offer public work places [NYO]
6. Northmarq Capital arranges $77.4 million to refinance Long Island apartment complex [CP Executive]
7. Groundbreaking on Jersey Mass Transit brings attention to Penn Station [Bloomberg]
8. In Westchester, county executive pleads for lawmakers to ratify affordable housing agreement [NYT]
9. U.S. REIT UDR entering $450M joint venture with Kuwait Finance House  [Housing Wire]
10. Appraisers criticized for traveling too far to assess homes [WSJ]
11. National Association of Home Builders temporarily shuts office to cut costs [Realtor Magazine]
12. China reportedly buying U.S. mortgages [Reuters via CNNMoney]
13. BOMA report provides data on building income and operating expenses [National Real Estate Investor]
14. Homeowners fall for foreclosure rescue scams [ABC]
15. U.S. builders upbeat [Reuters]
16. Multiple offers are the norm again in some markets [Inman]
17. Non-profit group looks to replace the deteriorating Greenwich Civic Center [Greenwich Time]
18. Sellers still don’t know what their homes are worth [CNBC]
19. Government stimulus efforts may need to wind down before economy can recover [Washington Post]
20. Commercial real estate distress forthcoming [Epoch Times]
21. Many refinancings offer right of rescission, but few take advantage [Inman]
22. Housing market index showing a slight increase [Seeking Alpha]
23. Homebuilders want extension of tax credit for home buyers [Realty Times]
24. Fed reports rise in delinquency rates in second quarter 2009 [Calculated Risk]
25. Domestic banks continue to tighten standards, survey shows [Calculated Risk]

Related Articles

Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out

WeWork’s side businesses are fizzling

Normandy Founder Finn Wentworth, Columbia CEO E. Nelson Mills, 799 Broadway and 250 Church Street (Credit: Google Maps)

Columbia acquiring Normandy for $100M in New York real estate’s latest megamerger

WeWork abandons Seattle co-living plan, Barneys bidding begins: Daily digest

Alex Sapir’s massive Opportunity Zone site in Miami hits the market

Michael Cohen and Donald Trump (Credit: Getty Images, iStock)

Trump exaggerated building values to get financing, tax documents show

Brokerage firms are strategizing ways to make up losses after the cost of application fees was capped at $20. (Credit: iStock)

Brokerages on rental application fee cap: “It hurts”