Topic: Brooklyn (New York City)

Recession stalls construction in New York City

NEW YORK (Reuters) - More than 500 construction projects in New York City have stalled during the recession, the majority of them in the borough of Brooklyn, according to a report released on Thursday. Work had halted on 515 construction sites as ...

The Afternoon Wrap: Wednesday

Representative Engle pipes up for Citigroup-Mets deal. [AP via Crain's] The real estate vanguard and their secretive salon. [TRD] One-of-a-kind consultancy adds oomph to the close. [TRD] Will recession's reasonable real estate bring FiDi to life? [NY1] Renderings for Red Hook megamall: ...

On Tomorrow...

8 a.m., the Association of Real Estate Women presents a breakfast seminar, “Finding Yourself in a Tough Climate,” with leading real estate author (The Skinny on the Housing Crisis) and investor Jim Randel as guest speaker. Members, $15; non-members, $20. Offices of ...

Building Stories: Full Court Press

Sixteen Court Street, that soaring wedding cake of a building that pierces the sky above downtown Brooklyn, was built in 1928—the cusp of an economic catastrophe against which all future recessions would be measured. Like those who made that ambitious investment in ...

The Afternoon Wrap: Friday

Park Slope named the nation’s seventh-dreamiest nabe. [Brownstoner] Times rejiggers real estate maps, the masses object. [Curbed] Architect billings index at record low—could that be the bottom? [Archpaper] The Great Rezoning of Brighton Beach commences. [Brooklyn Eagle] Will the last magazine out ...

Bloomberg: Rezone Flatbush, Build Green, Disband LMDC

Mayor Bloomberg, according to his prepared remarks (PDF) for his annual State of the City this afternoon, is calling for a laundry list of government initiatives meant to bolster the local economy and create jobs. Among the steps the mayor plans to ...

Brooklyn Housing Boom: Dude, It's So Over

The number of Brooklyn home sales dropped 42.7 percent annually in the fourth quarter of 2008, according to a new report from Prudential Douglas Elliman and appraisal firm Miller Samuel (and authored by ace Jonathan Miller). At the same time, the median ...

Meanwhile, in Outer-Borough Housing...

As Manhattan housing rightfully snags the spotlight today, here's a snapshot of what's happening in Brooklyn and Queens, courtesy of the Daily News: Brooklyn home sales in the last four years dropped 52.7 percent, from 12,089 to 5,716. In the last year ...

The Local: Condo Buyers Beg Off

When New York’s real estate market was at its peak, condo buyers and investors were not in the position to quibble if the ceiling of their new apartment was a few inches shorter than the one in the sponsor’s offering plan or ...

The Afternoon Wrap: Tuesday

Outtakes from the World Trade Center site. [Curbed] Latest Case-Shiller Index shows 16.6 percent annual decline in the third quarter in home prices nationwide. [NY Times] New York's luxury housing market and year-end compensation: Eyeing each other from across the gym floor. ...
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