Posts with tag the new york times

Mortgage Defaults More Common Among the Wealthy

It's not just the laid-off industrial worker or the owner of the rundown shanty that's tumbling toward foreclosure or struggling to stay current on their home mortgage. Contrary to common stereotypes, the current housing crisis is plaguing the so-called rich harder than the common man. One in seven homes with loans of $1... Continue Reading »

Virtual Doormen Safer Than the Real Deal

It might have less cache, but not having a traditional doorman could actually mean your apartment building's more secure. According to The New York Times, a new virtual-doorman service is gaining popularity in luxury New Jersey apartment buildings and might have you second-guessing the need for the old-school uniformed... Continue Reading »

Philly Helps Homeowners Avoid Foreclosure

It doesn't hurt to ask. That's the lesson learned from a new program in Philadelphia which is helping homeowners stay in their foreclosed property. The initiative is working so well that it's getting praise for being better than the Obama administration's $75 million program and being considered as a model for other states... Continue Reading »

Is Shabby Chic Back?

Remember "shabby chic"? Yesterday, The New York Times wrote about Rachel Ashwell, the L.A. designer whose "Shabby Chic" brand went bankrupt a year ago and has been revived thanks to a new flock of investors. Shabby Chic, like comfort food and knitting, seems to be the type of down-home coziness people are looking for... Continue Reading »

When Free Rent Costs $3,000

Renting a dump? Maybe you can make a deal with your landlord. According to The New York Times, that's what San Francisco designer, Grant K. Gibson, did when he offered to renovate his apartment in exchange for two months' worth of rent. But what The Times fails to ask is whether the trade is worth your time. Gibson's... Continue Reading »

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