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Average June rents for non-doorman studios were below $2,000 on the Upper East Side ($1,831), the Upper West Side ($1,968), Harlem ($1,287), and Midtown West ($1,984)....
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U.S. Treasury Secretary Henry Paulson predicted Tuesday that U.S. housing prices would stabilize by year's end and overall economic growth would improve by then....
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Former U.S. Federal Reserve Chair Alan Greenspan denied that the housing problems in the U.S. were due to interest rates being too low during his tenure....
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For the fifth week out of the last six, mortgage applications declined, falling 9.3 percent to 461.3 on a seasonally adjusted basis compared to the previous week, according to the Mortgage Bankers Association weekly survey....
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The Conference Board's consumer confidence index for June tumbled to levels not seen since 1992 at 50.4 in Tuesday's report, led by a near 10-point decline in the present situation component. Economists were looking for a moderate decline to 56.0....
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The U.S. Supreme Court has declined to take up an appeal in the fight over Brooklyn’s Atlantic Yards project, putting to an end the federal lawsuit filed by landowners and tenants in late 2006 that challenged the state’s use of eminent domain for the mega-project....
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Shareholders approve company's takeover by Bank of America...
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Rapper DMX's Harlem townhouse at 2007 Fifth Avenue will be auctioned on August 13....
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President has threatened veto of rescue proposal, but observers optimistic...
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The FBI says it has arrested about 300 real estate industry players since March -- including dozens over the last two days -- in its crackdown on incidents of mortgage fraud that have contributed to the country's housing crisis....
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Judith Kaye, New York’s Chief Judge, is taking the state’s housing woes into her own hands....
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In addition to soaring food and fuel prices as well as a general economic slowdown, a fourth whammy is expected to wallop New York City's apartment dwellers....
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The owner of a Manhattan building damaged in a deadly crane collapse last month has filed a $100 million lawsuit....
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Record foreclosures and limited access to credit will make it harder than usual to rebound from this U.S. housing market slump, the worst at least since World War Two, according to a Harvard University study on Monday....
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Mobs of fans greeted the opening this week of build-it-yourself furniture chain IKEA's first store in New York City - but the fervor is masking shoppers' underlying frugality....
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22 July, 2008 02:11:20