" );

My Affordable Real Estate

Real Estate listings of commercial, residential, land, and timeshares to the highest bidder.

My Affordable Real Estate header image 4

Entries from March 2009

General Growth Avoids Chapter 11

March 30th, 2009 · No Comments

General Growth Properties missed another debt payment but avoided bankruptcy as bondholders continue to talk with the mall owner.

[Read more →]

Tags: Real Estate Information · Real Estate News

Banks Starting to Walk Away on Foreclosures

March 30th, 2009 · No Comments

Banks are quietly declining to take possession of properties at the end of the foreclosure process because the cost of the ordeal exceeds the value of the real estate.

[Read more →]

Tags: Real Estate Information · Real Estate News

The Voice: Manhattan Dreaming

March 28th, 2009 · No Comments

Sarah Warner, a 30-year-old artist, talks about her quest for an affordable apartment, which brought her, surprisingly, to Manhattan.

[Read more →]

Tags: Real Estate Information · Real Estate News

Ventures: Some REITs Have a Contrarian Flavor

March 28th, 2009 · No Comments

Agency real estate investment trusts have held up relatively well in the face of recession and a banking system in crisis.

[Read more →]

Tags: Real Estate Information · Real Estate News

The Sell: Break Out the Eggshell White. Slash the Price.

March 28th, 2009 · No Comments

Kelly McCormick and Joshua Hirsch, in a Dumbo state of mind, decided to forsake the co-op for a rented loft. On their brokers’ advice, they staged the co-op and cut its price three times.Kelly McCormick and Joshua Hirsch, in a Dumbo state of mind, decided to forsake the co-op for a rented loft. On their brokers’ advice, they staged the co-op and cut its price three times.

[Read more →]

Tags: Real Estate Information · Real Estate News

In the Region | Long Island: A Hidden Benefit of the Downturn

March 28th, 2009 · No Comments

Cliff Fetner, the owner of Jaco Builders in Hauppauge, says he has had no trouble finding contractors to work on a 5,300-square-foot home that his company is building in Sands Point.People on Long Island are finding that contractors and other workers are lining up to get jobs and are willing to negotiate on deadlines and prices.

[Read more →]

Tags: Real Estate Information · Real Estate News

The Hunt: A Search for Stability

March 28th, 2009 · No Comments

Matt Singer and his girlfriend, Alyssa Gerber, wanted a place where they could make improvements without spending much in Williamsburg, Brooklyn.

[Read more →]

Tags: Real Estate Information · Real Estate News

Big Deal: A Tudor City Empire

March 28th, 2009 · No Comments

A dream of merging several apartments in a co-op on Tudor City Place is upended.

[Read more →]

Tags: Real Estate Information · Real Estate News

Big Deal: Not Just a Bad Dream

March 28th, 2009 · No Comments

The incredible shrinking real estate market has arrived in Manhattan, and now that the first quarter is over, not even the most ebullient broker will be able to dispute it.

[Read more →]

Tags: Real Estate Information · Real Estate News

Habitats | Riverside Drive: Life Unfolds a Murphy Bed

March 28th, 2009 · No Comments

Monica Wagner’s new home is a fourth-floor walk-up in an old brownstone. “As soon as I saw this beautiful studio with polished floors, a wood-burning fireplace and a view of the river, I thought, I will be O.K.,” she said.Monica Wagner found her prized $1,716.97 a month rent-stabilized studio apartment on Riverside Drive after moving back to New York, where she hadn’t lived since law school in 1981.

[Read more →]

Tags: Real Estate Information · Real Estate News