This Week in Comments

New York /
Sep.September 25, 2009 12:56 PM

1055 Park designed with real inspiration
Inappropriate and out of place. [I] cannot believe this was approved. Disgusting — what ever happened to class?

Market picking up, residential experts say
[The] problem is there are so many deals that have yet to hit the
market so even with this optimism on the uptick in activity, we have
yet to experience the peak of supply.



Non-profit finds trouble selling Jamaica homes

If you can’t afford 10 percent down, you should rent. The idea of building affordable housing and selling it to lower income folks is moronic. If they weren’t “lower income,” they’d be able to afford to buy. The money is better spent on rent voucher programs like Section 8. People need a place to live. They certainly don’t need to “own” their home.

What should the city do that it is not doing to help New York City real estate?
1. Use their influence to have banks offer jumbo and super jumbo mortgages at 5 percent for five or 10 years. Without this we are all sunk underwater.
2. Get the MTA out of its real estate holdings. Second, give more real estate tax credit. The taxes are ridiculous in this city.

Finding broker freebies
That’s why I stopped doing broker’s open houses — they all come to eat and don’t care about the property.

Foreclosed homeowners steal appliances before moving out
I’ll pay $20 for the toilet.

South Florida foreclosure tsunami to continue for at least two years
Between
rising home insurance, property taxes, migration, high unemployment and
an economy that produces nothing of value whatsoever, South Florida is
burnt toast.


New York developer shifts focus to Miami, now looks to New Orleans
Miami is a horror show and this developer”proves it by hightailing it to New Orleans.


Related Articles

arrow_forward_ios
Matt Lauer exposes Hamptons estate to the market
Matt Lauer exposes Hamptons estate to the market
Matt Lauer exposes Hamptons estate to the market
 Fredrik Eklund and the property (Getty, Steve Frankel)
Fredrik Eklund lists Bel Air mansion for rent as family moves to “forever home”
Fredrik Eklund lists Bel Air mansion for rent as family moves to “forever home”
Gordon Ramsey and his Lucky Cat restaurant (Lucky Cat)
Gordon Ramsay to open first South Florida restaurant in Miami Beach
Gordon Ramsay to open first South Florida restaurant in Miami Beach
Pennsylvania town offers big incentive for people to fix homes
Pennsylvania town offers big incentive for people to fix homes
Pennsylvania town offers big incentive for people to fix homes
Credit Suisse Group partners with MARK on $1B-plus rental housing fund
Credit Suisse Group partners with MARK on $1B-plus rental housing fund
Credit Suisse Group partners with MARK on $1B-plus rental housing fund
London fire officials say over 1K buildings unsafe in a fire
London fire officials say over 1K buildings unsafe in a fire
London fire officials say over 1K buildings unsafe in a fire
The Centre at Purchase at 1, 2, 3, 4 Manhattanville Road with George Comfort & Sons CEO Peter Duncan (George Comfort & Sons)
Westchester office park owned by George Comfort & Sons slated for auction
Westchester office park owned by George Comfort & Sons slated for auction
Wells Fargo hit with $400M suit for breach of contract linked to robo-signing scandal
Wells Fargo hit with $400M suit for breach of contract linked to robo-signing scandal
Wells Fargo hit with $400M suit for breach of contract linked to robo-signing scandal
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...