Posts with tag new york times

Mortgage Mods: A Modest Proposal to Avoid Moral Hazards

Gretchen Morgenson of The New York Times wrote a recent column advocating what she calls a "bold idea" for housing policy instead of the crash that many economists now appear to want. The main thrust of her column is that TARP and other attempts by the federal government have been bad ideas aimed more at keeping big banks... Continue Reading »

Home Values: Why You Should Stop Worrying About Yours

Checking your home's value on websites has become an almost weekly obsession with many. That obsession is being fed by stories like one from The New York Times declaring that owning a home is no longer a way to build wealth. As long as you're not planning to move, you should stop worrying about the long-term value for... Continue Reading »

Harlem's Vacancies Filled With Cultural Institutions

Last week New York's real estate news was all about Harlem, as the city planned a Jazz Museum, brokers and developers fought over "break-up" money, and The New York Times gave a eulogy for small churches. And Emmitt Smith comes into the mix, too. Here's what's happening in Harlem: Continue Reading »

New York Butler's $8.4 Million Inheritance Includes 2 Dakota Apartments

Last week, a butler wrestled a rooftop farm in Queens for media dominance and won. That butler was Indra Tamang, the Nepalese man who served actress Ruth Ford for 30 years, and who upon Ford's death inherited approximately $8.4 million worth of her estate: including a collection of Russian surrealist art.and two cushy... Continue Reading »

New York's Faux Doorman Strike Provokes Wealth-Bashing

New York City building workers demanded a raise and building owners yielded, thus drawing the curtains on the most publicized battle of last week -- and in this case the little guy got paid. But just as interesting was the bickering and name-calling between those covering the news story. It's fun to make fun of people... Continue Reading »

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