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McCain Stuck Between a Rock and a Stock Price

In the midst of the mortgage crisis America is preparing to vote for a new president. Voters are interested in learning how candidate John McCain will handle the Sallie Mae/Freddie Mac situation should he be elected. ...
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Stranger than Fiction:

Manhattan real estate is bucking the economic trends, much to the chagrin of Economics professors everywhere....
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Selling Big in a Small Market

Ultra-large homeowners may have to make some concessions when selling their uber-houses, say realtors. Sacrificing a little price per square foot and implementing energy efficient measures is just the start....
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NY Landmarks Commission Does It Again

The Landmarks Commission has found another building they love. It's a small, one-story butcher shop on Staten Island. The small shop dates to the 19th century and has been a butcher shop, insurance office, and real-estate office. ...
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Cash is King in a World of Mortgage Meltdowns

Mortgage lenders and banks are offloading many of their properties for pennies on the dollar. So, if you have cash to spare, this may be the time to go shopping for deals....
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Tempers Flare over Columbia Expansion

Tempers flared between the Empire State Development Corporation and State Senator Bill Perkins regarding a blight study of the 17 acre parcel slated to be reclaimed via eminent domain in West Harlem. The blight study was conducted by Earth Tech, Inc....
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Test Drive A House Today

We test drive cars before we buy them and we try on clothes before we make a purchase, so why not test drive your next home? Thousands of people are doing it and finding it's a great chance to examine the home carefully....
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Queens Follows Manhattan in Home Sales Slump

Home prices in Queens are following the trends of the other boroughs. Home prices are down by as much as 9 percent since the first quarter of 2008. These levels are well below the peaks that were realized during 2007, when prices in all 5 boroughs increased dramatically....
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Down Payment Increases Crush the Dreams of Perspective Buyers

Is it buyer confidence or higher rates of down payment that are keeping new home buyers from purchasing? Many believe it's the down payments. ...
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Merrill Jumps Ship on New Development

Conflicts between Larry Silverstein, developer of the ground zero site and the Port Authority may lead to massive lawsuits and even further delays on the project after Merrill Lynch, charter tenant of the site, bails out....
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Trading in the Calculator for the Oven

With a simple menu and a touch of old world flair former real estate developer Jim McGown hopes his new venture, South Brooklyn Pizza, will be a success....
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Pie in the Sky – Or at least on the Ground Floor

Luxury high rises are popping up just steps away from restaurant chains like McDonald's. This is just the latest trend in New York these days when it comes to finding space....
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New Housing Starts Up – NYC Saves the Day

New housing construction starts are 10 percent above the projected amount and the New York market has played a bid role in this increase. ...
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Building Plans Scaled Back – Just not Enough

It's been a year and a half since Landmarks Preservation Commission denied plans for a real estate development on top of a historical site but developer Aby Rosen isn't giving up yet....
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Empty Units Don't Make Money

Landlords are quickly learning that it takes more than basic amenities to keep renters happy. New perks are becoming part of what it takes to keep units full....
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