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newsreal
peter's bookmarks on real estate and new york city in the media
Wednesday, November 14, 2007 | NJ.com

Zillow and 11 newspaper companies form online real estate partnership

Real estate website Zillow.com and 11 newspaper publishing companies representing 282 newspapers nationwide are expected to announce today a partnership to bring local classified ads to Zillow.

Wednesday, November 14, 2007 | The Real Deal

Sheepshead Bay property sells for $20M

A two-acre site in Brooklyn's Sheepshead Bay has sold for $20.3 million, the neighborhood's biggest sale in two decades and second biggest ever

Wednesday, November 14, 2007 | New York Times

Good News: Housing’s Down, Market’s Off, Oil’s Up

There are real downsides to an economy full of expensive assets and inexpensive resources. There are also a lot of people who are better off because of the recent turmoil. You may well be one of them.

Tuesday, November 13, 2007 | RealEstateJournal

Calculating the Cost Of Building a New Home

An outside the NYC market story about home building that I found to be of interest.

Tuesday, November 13, 2007 | Real Estate Tomato

What Is The Future Of The Real Estate Blog?

This post hashed out 2 specific questions: "What do you see as the future of the real estate blog?"; And, "what do you fear about the future of the real estate blog?".

Monday, November 12, 2007 | True Gotham

Open House Robberies

Doug Heddings writes this morning about a theft at his open house on Sunday. The great majority of open houses go on without incident, but brokers and sellers must be vigilant about keeping things secure. Put the valuables away!

Sunday, November 11, 2007 | New York Observer

The Stein Murder Confession: Marijuana Smoke, A Yoga Stick, Kellogg's Diner

In her confession, he said, Ms. Lowery told police that on the afternoon of the Tuesday she was murdered, Stein had been yelling at her 26-year-old assistant. Stein twice blew marijuana smoke in her assistant’s face.

Sunday, November 11, 2007 | New York Observer

Another Atlantic Yards Suit Quashed

A state appellate panel dismissed a case by tenants in the Atlantic Yards footprint who alleged that the state had not adequately prepared for their relocation.

Sunday, November 11, 2007 | New York Times

Back to Basics

Great quote from Louise Sunshine in this story about delivering more value in the peoples' homes, rather than in a building's amenities package; “You don’t need a badminton court when you have great architecture, great design, great views, great quality and the basic requisites.”

Saturday, November 10, 2007 | New York Times

Reluctantly Embracing the Upper East Side

Monologue about the author's experiences growing up and living on the Upper East Side, never dreaming she was actually a resident, and discovering she was. Delightful!

Friday, November 9, 2007 | New York Times

Wachovia Warns of 1.1 Billion in Credit Losses

Wachovia said in a regulatory filing that it lost about $1.1 billion in October on assets backed by loans and that it planned to increase its reserves for loan losses in the fourth quarter by $500 million to $600 million because of further deterioration in the housing market.

Friday, November 9, 2007 | New York Times

Assistant Arrested in Killing of Real Estate Agent

Natavia Lowery, 26 years old, of Brooklyn, has confessed to the murder of real estate broker Linda Stein, because Ms. Stein swore at her, waved a stick at her and blew marijuana smoke into her face, the police said today.

Thursday, November 8, 2007 | New York Post

City unveils new plan for Coney Island

Coney Island's fabled beachfront area would become home to America's largest urban amusement park, about 4,500 new apartments and a bunch of major retail establishments under a grand plan unveiled today by Mayor Bloomberg.

Thursday, November 8, 2007 | amNY.com

Still Soaring

On the newsstand the headline of this piece was "Still Soaring" when it got to the Web it had transformed into the more fear mongering "When will the real estate bubble burst?" Is this some sort of marketing test going on about which direction to pitch a story to get maximum eyeballs? This covers REBNY market data released yesterday.

Thursday, November 8, 2007 | New York Times

Fed Says Economy Likely to Slow

Ben S. Bernanke, the chairman of the Federal Reserve, said today that the economy is likely to slow noticeably in the months ahead. But he gave no signal that the central bank might cut interest rates for a third time this year.

Thursday, November 8, 2007 | The New York Sun

Condo Fee Defaults Surge in Manhattan

Does this story amount to anything beyond this data and the opinion of one person? The only data quoted is a vaguely defined percentage; "Lawyers representing condominium boards say they are seeing these default cases increase by as much as 25% this year".

Thursday, November 8, 2007 | The New York Observer

My Linda Stein: Powder Keg Full Of Sound, Fury

The author remembers the slain real estate broker; "can I imagine who would kill Linda? I guess so"

Thursday, November 8, 2007 | The New York Observer

Martin Scorsese's $12.5 M. Townhouse Deal is Done

Martin Scorsese has had a good year: He won his first Academy Award, for The Departed (even though his breakthrough Mean Streets was five times better), and of course he sold his townhouse at 217 East 62nd Street for $6.1 million. Now, city records show, he and his wife Helen have closed on a nearby 10-room beauty for $12.5 million.

Thursday, November 8, 2007 | New York Times

50 New York Schools Fail Under Rating System

Under a blunt new A through F rating system that judges schools not just on performance but also on progress, Mayor Michael R. Bloomberg designated 50 New York City public schools as failures yesterday.

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