Guy Merola, left, and Mark Wong live in Honolulu, and were looking for a pied-à-terre that contrasted with all the new construction back home. Their offer of $980,000 was accepted in July.Last spring Mary Christian, a veteran buyer and seller, felt the market was “getting too ‘toppy’ ” to delay selling her condo on West 57th.
Entries from February 2009
The Sell: To Dodge the Slump, She Simply Sold at the Peak
February 28th, 2009 · No Comments
Tags: Real Estate Information · Real Estate News
Living In | Inwood: Northern Zone, South-of-the-Border Flavor
February 28th, 2009 · No Comments
Inwood offers both a Manhattan home and a connection to the outdoors with the island’s only remaining natural forest and salt marsh.
Tags: Real Estate Information · Real Estate News
In the Region | Connecticut: Forget the Old House. Sign Here.
February 28th, 2009 · No Comments
Harry and Mary Ann Roscoe closed on a new house in Beacon Falls after the seller offered to cover the mortgage on their old house for up to a year.Sales strategies that offer buyers a hedge against financial loss are becoming more common in an economy plagued by uncertainty.
Tags: Real Estate Information · Real Estate News
Streetscapes | 235 West 71st Street: For a Grande Dame, More Than an Eye-Lift
February 28th, 2009 · No Comments
Comedy or tragedy, what has happened to Gaetan Ajello’s 1912 Renaissance-style Lucania, at 235 West 71st Street, is one of the most extraordinary building alterations of the decade.
Tags: Real Estate Information · Real Estate News
The Hunt: A Wish List Fulfilled for an Apartment Hunter
February 28th, 2009 · No Comments
B. J. Casey found everything she wanted in a 1,400-square-foot penthouse, with two terraces in Central Harlem.
Tags: Real Estate Information · Real Estate News
Habitats | Larchmont, N.Y.: Call Her Style Concert-Cozy
February 28th, 2009 · No Comments
Nina Kuzma-Sapiejewska at her piano, a Grotrian concert grand, with her daughter Eva Maria Wojcik.Nina Kuzma-Sapiejewska, a classical pianist who is an expert on Chopin, likes to perform for small groups on the concert grand Grotrian piano in her apartment in Larchmont, N.Y.
Tags: Real Estate Information · Real Estate News
Big Deal: Team of Rivals
February 28th, 2009 · No Comments
The developer of a project nearing completion in Chelsea decided he would assign individual apartments to the most experienced brokers from all the major brokerage firms.
Tags: Real Estate Information · Real Estate News
Apartment Buyers Abandoning 6-Figure Deposits
February 28th, 2009 · No Comments
A buyer for this Spring Street penthouse, with stunning river views, walked away from the deal, and a $780,000 deposit.The real estate market in Manhattan has become so unnerving to buyers that some are forfeiting six-figure deposits rather than close on deals they have made.
Tags: Real Estate Information · Real Estate News
Adjectives Get Evicted
February 28th, 2009 · No Comments
“We never used to say ‘reduced,’ ” says Deanna Kory, left, a broker. Bruce Ehrmann, right, a broker, says value “was uncomfortable even to talk about.” The new broker advertising vocabulary does not include “luxury,” “prestige” or, heaven forbid, “trophy.” Brand names that used to convey cachet have also fallen out of favor.
Tags: Real Estate Information · Real Estate News
Ventures: Big Dividends, in a Dangerous Terrain
February 28th, 2009 · No Comments
Exchange-traded funds specializing in real estate can offer some tantalizing returns — or the bottom could fall out of them.