A report from the Inlander in Washington. "A decade after the depths of the Great Recession, another potential housing crisis is brewing: State and federal governments have issued eviction moratoriums, preventing landlords from booting tenants who aren't paying their rents.…
It's Friday desk clearing time for this blogger. "The city’s for sale, but who’s laying down millions and buying in? Michael Nierenberg and his wife bought a three-level Greenwich Village penthouse for less than half the seller’s initial ask of…
A report from the Real Deal on Florida. "The real estate wing of New York investment firm Axonic Capital paid $37.3 million in a bulk purchase of 170 units of a 310-unit fractured Doral condo complex. As a fractured condo…
It's Friday desk clearing time for this blogger. "Real estate developer Mohamed Hadid’s Bel-Air mega-mansion is on the market for $8.5 million. Once the property sells, the house will be destroyed with proceeds of the sale funding the demolition, which…
It's Friday desk clearing time for this blogger. "For frontline workers and others struggling during this pandemic, University of San Diego professor Norm Miller said a lot of foreclosures are coming with mortgage and rent relief running out. 'I think…
It's Friday desk clearing time for this blogger. "An Upper West Side property that was originally listed at $4.25 million sold in April for $2.2 million, a 48.2% discount. In Brooklyn, a Fort Greene home sold in June for $1.45…
It's Friday desk clearing time for this blogger. "Gary Yard is a 56-year-old West Springfield homeowner facing foreclosure. When he and his wife took out a second mortgage on their three-family home in 2010, their interest rate jumped from 7.9%…
A report from Reuters on New York. "Clarence Hamer doesn’t expect to hang on to his house much longer. His downstairs tenant owes him nearly $50,000 in back rent on the four-bedroom duplex he owns in Brownsville, Brooklyn. Without those…
It's Friday desk clearing time for this blogger. "Retired NBA star Deron Williams, formerly of the Brooklyn Nets, has finally sold his Tribeca penthouse at 35 North Moore St. for less than half its original asking price." "Condo inventory was…
A weekend topic starting with Real Estate Weekly. "For a fourth straight month the number of vacant apartments in New York City increased, according to a survey of the members of the Community Housing Improvement Program (CHIP). 'This is a…