Posts with tag new york city

Home prices in 11 key markets reached new lows in the month of January, according to housing data released Tuesday, rekindling fears of a double dip in the housing market. Of the 20 housing markets surveyed by the S&P/Case-Shiller Index, only two metropolitan areas -- Washington, D.C., and San Diego-- posted... Continue Reading »

While most of the nation reels from this week's dreadful housing sales figures, New Yorkers find themselves once again ahead of the curve. The Wall Street Journal reports that median prices in Manhattan this quarter are up more than 14 percent above the previous one, and 16 percent above the same period a year ago. What's... Continue Reading »

When Oliver Stone's sequel to his 1987 hit "Wall Street" opens in September, viewers will see some familiar characters and an updated plot of complex financial shenanigans -- as well as a dramatically altered map of New York City real estate. Where, for example, is Gordon "greed is good" Gekko (played again by Michael... Continue Reading »

It doesn't take much to scare off homebuyers these days, especially when it comes to open houses. The New York Times reports that New York City apartment sellers who ask buyers to remove their footwear before touring a property sometime risk turning them off before they even have a look around. Open houses gain most of... Continue Reading »

Political correspondent George Stephanopoulos seems to have rebounded just fine since getting shortchanged on his Georgetown mansion, which sold for $1 million less than its asking price a few weeks ago for $5.45 million. He's now landed a full-floor residence in New York City's well-to-do Upper East Side neighborhood for... Continue Reading »