- Inside Story: My doorman, my spy
About three years ago, we had a very unfortunate incident happen with a careless nanny in front of the doorman in which my then-three-year-old son™s safety was at stake. As a thank-you to my doorman for basically rescuing my son from the situation and filling...
- Bright Idea: Springtime wine & cheese,...
Too often, neighbors communicate only in elevator soundbites or through bared teeth when something™s wrong. That™s not exactly the stuff strong social bonds are made of. A little lobby-side vino is, we think, a better cultivator of neighborliness. It doesn™t have to cost a fortune,...
- NYC vs Left Coast apartment-dweller Zeitgeist...
All vertical villages are not alike--just look at what residents are saying on their buildings™ online bulletin boards. On the West Coast you™ll find more people writing recommendations about restaurants or other lifestyle things. In New York you find more ˜Type A™ postings”more evidence of...
- Do kids' charity drives belong in...
Q.   A co-op board member authorized his children to place a huge charity collection can for Haiti on the doorman's desk in the lobby. I think it's a nice gesture but totally inappropriate especially in a family building--pretty soon we're going to end up...
- Smoking bans in co-ops & condos,...
Expiration date for 2 kids in a 2 bedroom apartment (UrbanBaby forum) Your building's earthquake risk factor (NY Mag) Resale-wise, it may be better to renovate a small apt than a large one (The Apple, Peeled) Smoking bans in co-ops and condos (UrbanBaby forum) Urban strategies for living...
- Word of the Week: appitease
app i tease - v. To have one's appetite involuntarily stimulated by a neighbor's cooking aromas. Ann's neighbors appitease her several times a week with their Italian cooking--usually after her own dinner, causing her to grow resentful and large. Previous Words of the Week: Neighbot Doorducken Apartmental...
- The creep show inside your trash...
Back in the early 70s, concerns over air quality caused New York City buildings to shift from garbage incinerators to trash chutes and compactors. This was excellent news for roaches, rodents, flies and beetles, which scurried aboard the all-you-can-eat autobahns snaking through many of...
- Inside Story: Why I let my...
Four years ago, I started subscribing to the New York Times, the Daily News, the Wall Street Journal and the New York Post. Then one morning I heard the guy across the hall open his door and my newspapers were gone. The whole stack. I...
- Fresh Start Fridays: 4 apartments that...
It's still scurvy season in the Northeast, especially if your apartment tends toward the crypt end of the spectrum. Today on Fresh Start Fridays we turn our jaundiced eye on four sun-soaked apartments that might even help with your seasonal affective disorder.
- Buying out your ex-, tipping for...
Best gifts from brokers: Sex toys, vases, $1,000 Williams Sonoma cards (StreetEasy forum) Do you have to pay a flip tax when you buy out your ex-? (StreetEasy forum) Why co-op boards are getting stricter (The Apple, Peeled) HGTV reality show on NYC real estate debuts...
- Closing Bell: Break Out The Boat...
Eater spotted an exciting annual rite of spring getting underway yesterday: The ritualistic airing out of the furniture at the seasonal Carroll Gardens favorite the Gowanus Yacht Club. Who's excited? GMAP
- Building of the Day: 92 Herkimer...
The BOTD is a no-frills look at interesting structures of all types and from all neighborhoods. There will be old, new, important, forgotten, public, private, good and bad. Whatever strikes our fancy. We hope you enjoy. Address: 92 Herkimer Street, between Bedford and Nostrand Avenues Name:...
- Development Watch: Rooftop Addition at 386...
We used to live a block from this old brick manufacturing building at the corner of Wythe and South 4th Street in Williamsburg and used to love going to the Roebling Hall art gallery that used to be in the ground floor. We hadn't...
- Streetlevel: Brick Oven Pizza for Atlantic...
Another update for the stretch of Atlantic between Henry and Clinton: La Pizzetta, which opened in the fall of '08, is out and Casa Tua is in. We spotted the owners posting the new signage last week, and the brick oven pizza spot...
- House of the Day: 142 Dean...
This brick townhouse at 142 Dean Street just hit the market. It's got lots of original charm and is 25 feet wide, which give it a shot at achieving the asking price of $2,750,000, we guess, but this really seems like boom-time pricing to...
- Co-op of the Day: 101 Lafayette...
Corcoran usually does an excellent job with its photos, but the ones on this new listing at 101 Lafayette in Fort Greene are the pits! You particularly need good pics to made a small place like this pop. The studio, which is asking $289,000,...
- Brooklyn Food & Drink Round-Up
Coming Soon to Bed-Stuy and Red Hook "The space at 1047 Bedford Avenue (on the corner of Greene), once the home of So Beautiful Salon and Spa, is becoming an Indian restaurant," Bed-Stuy Blog reports. And Grub Street has good news for Red Hook:...
- Strong Place Church Conversion Gets Its...
Last month we noted that the Strong Place Church, which has slowly been undergoing a conversion into a 24-unit condo since 2006, was looking ready to have its windows installed. Sure enough, yesterday morning the delivery truck and crane arrived and, presto, in no...
- More Bagels For 7th Avenue
Close to a year ago, Park Slope Farm opened up at 106 7th Avenue, much to the glee of nearby residents who were in need of a convenient and well-stocked bodega. Seems like things didn't go as planned though: It's already closed and boarded...
- Victorians Accuse LPC of Brownstone Bias
Since the Landmarks Preservation Commission announced in its January newsletter that it was postponing plans to create historic districts in Beverly Square West and Ditmas Park West, preservationists in Victorian Flatbush have been accusing the group of unfairly favoring Brooklyn's brownstone neighborhoods. (The LPC...
- Green homes face a red light
Lots of people, especially those trying to battle high utility bills, believe in energy-efficient homebuilding.
- Can't make your mortgage? Get an...
Erin and Robert Smith had no problem handling the $2,000 monthly payment on their home ... until they lost their jobs.
- America's most overvalued cities
Don't say we didn't warn you.
- Rush Limbaugh wants $14 million for...
Conservative radio host Rush Limbaugh is saying adios to the Big Apple and selling his Fifth Avenue penthouse, asking almost $14 million.
- A plan to save commercial real...
Economists have long been predicting commercial real estate could be the next day of reckoning for the financial markets, with a wave of defaults looming as billions of dollars in troubled loans come due in the coming months.
- Foreclosures: How bad is your state?
- Nab a real estate deal -...
If you've been holding off on a real estate purchase, glimmers of a turnaround in the housing market may have you wondering if it's finally time to make your move.
- Cashing in on the condo bust
Great bargains abound, but you have to shop carefully.
- Existing home sales drop
Sales of existing homes unexpectedly fell in January, according to an industry report published Friday.
- Duck! Watch out for falling home...
Despite signs that the real estate market might be lurching forward, prices are expected to fall further this year.
- 1055 Park Avenue
Situated on the corner of Park Avenue and East 87th Street in New York's Upper East Side, 1055 Park Avenue is an unique ultra-luxurious condominium. This distinctive 12-storey, five-unit building allows its residents to feel right at home while living in the midst of...
- 2280 FDB
Situated at 2280 Frederick Douglass Boulevard, New Harlem Condos embody an impressive mix of elements and styles in an equally diverse setting. With its international flavor, European atmosphere, and distinct architectural design, this upscale Manhattan neighborhood has an unique charm. Turn-of-the-century Romanesque row houses...
- Graceline Court Condominiums
Situated in central Harlem, Graceline Court Condominiums (106 West 116th Street) offer graceful living and great views. This 16-storey, 32-unit luxury residence is all about open spaces, glorious sunshine, and spectacular scenery. The spacious layout and high 91/2′ ceilings lend an airy feel and...
- Devonshire House
Designed by famed architect Emery Roth and modeled after the Duke of Devonshire's royal estate in London, the historic Devonshire House offers classic style as well as contemporary design. This 1928 building in lovely Greenwich Village has been totally modernized to offer luxurious condominium...
- Cassa NYC
One of the best features of Cassa NYC, the luxury hotel/condo at 70 West 45th Street, is the flexibility which it offers to its residents. Designed by TEN Arquitectos, the Mexico City firm headed by Enrique Norten, and the local firm Cetra/Ruddy, the design...
- Vere 26
Designed by Robert Scarano and located at 26-26 Jackson Avenue, Vere 26 offers luxurious boutique living in sophisticated style. The exterior of this 11-storey, 43-unit luxury condominium strives to match the amazing New York atmosphere. The exterior of the architectural award-winning Vere features full...
- 316 East 22 Street
With 316 East 22nd Street, New York, award-winning architect David Howell has brought loft living to a whole new luxurious level. The classic New York loft is contained in a modern and sleek luxury residence. On a quiet, serene, and tree-lined Manhattan block, 316...
- Toren
Toren, a luxury condominium in the heart of downtown Brooklyn, offers a totally unique luxurious experience. Providing a new angle on modern living, Toren sets the bar much higher for future condo developments. Futuristic and progressive, Toren focuses on pursuing the 'green' ideal in...
- One Brooklyn Bridge Park
One Brooklyn Bridge Park in Brooklyn Heights is one great deal that buyers won't want to miss in their search for the perfect home. With current prices being reduced up to 35% and limited rental availability, these luxury condos will be quickly purchased by...
- Latitude - Riverdale
Home owners realize they're at the correct latitude when they discover the luxury condominium, Latitude - Riverdale, NY. Buyers can gain Latitude and at the same time continue to build equity in a lovely home. Living at Latitude ensures a luxurious lifestyle in the...
- Bank of NY acquisition unit gets...
Federal antitrust regulators on Wednesday cleared Bank of New York Mellon Corp.'s $2.3 billion purchase of PNC Financial Services Group's investment services division.The sale of the division was announced last month, the same day PNC Financial said it would pay back $7.6 billion in...
- Hat retailer to expand in Times...
Adrianne Pasquarelli - Cap retailer Lids is saying 'hats off' to Times Square. The company, a division of Nashville-based Genesco Inc., recently signed two leases in the tourist-filled neighborhood, bringing its store count in the neighborhood to four.This spring, Lids will open a 1,000-square-foot...
- Helmsley Carlton House sold for $170M
James Comtois - The estate of the late billionaire real-estate investor Leona Helmsley is selling one of its prime Manhattan hotels, the Helmsley Carlton House on 60 Madison Ave., for $170 million. The deal marks the start of selling off properties accumulated over four...
- Star architect Frank Williams dies at...
James Comtois - Renowned New York architect Frank Williams, who designed such buildings as Trump Palace at 69th Street and Third Avenue, 515 Park Avenue, and the W hotel in Times Square, died on Feb. 25 in Manhattan. He was 73. [ ...
- Conn. AG sues Moody's, S&P over...
Connecticut's attorney general sued Moody's Investors Service and Standard & Poor's over ratings the pair issued on risky investments.In a civil lawsuit filed Wednesday, Attorney General Richard Blumenthal alleged Moody's and S&P knowingly assigned false ratings to complex investments that pushed the country into...
- Judge sides with city on Tavern...
A federal judge ruled Wednesday that New York City owns the rights to the name of the landmark restaurant in Central Park, Tavern on the Green.Closed since Jan. 1, the restaurant will be able to keep its famous name when it reopens. It is...
- Sprawling Queens development sends SOS
Related Cos. is being tapped to manage sales and leasing for Sky View Parc, the massive mixed-use complex in Flushing, Queens, being constructed by Muss Development. Sources said that Muss' financial partner, Onex, a private equity firm that has invested $66 million in the...
- New science project for book publisher
Matthew Flamm - Penguin Group USA is making another bet on niche publishing. At a time when most houses are looking to cut back on titles, the publisher is launching a new imprint dedicated to science books for the general reader, the company announced...
- Atlantic Yards unveils arena renderings
James Comtois - Forest City Ratner Cos. says it plans to open the Barclays arena at some point in 2012. Here are some newly-unveiled renderings of what the arena will look like. [
- Vornado eyeing 510 Fifth Ave.
James Comtois - Vornado Realty Trust is considering buying the landmark 510 Fifth Avenue. The real estate investment trust is trying to work out a deal for the 61,159 square-foot, five-story jewel box on the southwest corner of W. 43rd St., which has a...
- Lawsuits: $1 Million Tribeca Condo Becomes...
Giving this dude's downtown party central walk-up a run for its money is the basement condo at Tribeca's 109 Reade Street. A new lawsuit against the condo's owner, James McGown, charges that he turned the place into an "extreme party"...
- On the Market: Languishing Chelsea Penthouse...
Click the image above to view the full photogallery.[First photo via Zivkovic Connolly Architects.] Celebrities just can't stop pretending to call this epic five-bedroom penthouse in Chelsea's 129 West 20th Street home! The listing doesn't shy away from blabbing, pointing...
- Brooklyn Bridge Park Watch: City Could...
This morning brought the news that the city's getting control of Brooklyn Bridge Park. Now a press release from State Senator Daniel Squadron, who has been an outspoken opponent of using condos to finance the park, fills in more of...
- As the Apthorp Turns: Things have...
Things have been quiet lately at UWS blockbuster condo conversion the Apthorp, but New York Magazine reports that the city's Health Department will be doing a sweep of the "hilarious hellhole" this afternoon. Tenants have already brought in certified court...
- On the Market: Cabana-Happy Griffin Court...
We said last month that recent Hell's Kitchen Development Du Jour Griffin Court would be launching sales on March 9, and a StreetEasy check reveals the building has indeed begun sales. Way to be on the ball! In fact,...
- MePa Getting Recycled: For the Downtowners...
For the Downtowners that have begrudgingly accepted the Tower o' Garbage as fait accompli, the one upside frequently mentioned is, hey, at least the Sanitation Department will get off the Gansevoort Peninsula, freeing up the land to be absorbed into...
- Shitshows: Now It's Developer Against Developer...
With a foreclosure spat leading to a halt in sales at One Madison Park, the Observer's Dana Rubinstein uses the time-out to recap the 60-story condo tower's tumultuous history up this point-including the lawsuits that now number in the double...
- Rental Reveals: Flashy New 200 West...
Click the image above to view the full photogallery. The Upper West Side's glassy newcomer at Broadway and 72nd Street, a luxury rental building dubbed 200 West, has dropped its construction shed and fully launched its website, showing off all...
- Flatbush vs. Park Slope: For every...
For every preservation opponent, there is an equally ardent preservation defender-in Victorian Flatbush. The Daily News reports that Victorian Flatbush residents are feeling a little left out after a recent Landmarks Preservation Commission emphasis on expanding historic districts in brownstone...
- Revenge of the Megaprojects: Architecture Dream...
[David Childs and an Atlantic Yards site plan circa '07.] The Nets are hopeless, so developer Bruce Ratner is reportedly looking at other ways to infuse his controversial Brooklyn megaproject with talent. Bring on the starchitects! There are 16...
- What to Watch for: Technology “...
There are a lot of exciting things coming out in the next few weeks - here are my top 3: 1. Like it? Hate it? The iPad which drew a ton of rumors and speculation is ready to make it's debut. The 1st commercial aired...
- Tip Tuesday: 3 Tips to Get...
I have nothing to say. I have heard this over and over again, not just by real estate agents “ but by many people who are trepidacious about getting involved in Twitter. To many, Twitter has become more useful as a way to tap into...
- Fun Friday: Microsoft sends flowers to...
Yesterday, the 'IE6 funeral' took place in Denver. This is what appeared on the funeral site: Internet Explorer Six, resident of the interwebs for over 8 years, died the morning of March 1, 2010 in Mountain View, California, as a result ...
- Twitter Proves You Can™t Go Wrong...
Yesterday I was pleasantly surprised to find an email newsletter from - TWITTER! I guess it shouldn't surprise me - but at first I was a bit surprised that the company that made '140 characters' a household name, decided to get a message out...
- Tip Tuesday: An Hour a Day...
One of the topics people ask me frequently about is social media - and specifically they ask me for how to make the best use of their time. Anyone who has dived into social media knows that it is not 'free' - it takes...
- A Smarter Solution “ Real Estate...
Problem: When someone in the real estate industry goes job-hunting, it can be difficult to navigate through all the listings posted on Monster, Career Builder or some of the other online job boards posting up. In addition, when an employer or real estate brokerage is...
- Congrats to our 10,000th Twitter Follower!
Since I came to Inman News - one of my big goals was to hit the coveted 10,000 follower mark on Twitter. As we came closer and closer, we thought it would be fun to have a contest. We decided that the Inman News...
- Tip Tuesday: Content is King “...
In the last few weeks or so, I have noticed an incredible amount of GOOD content coming down the pipeline. Like you, I subscribe to blogs, RSS feeds, Twitter lists, etc. But what has grabbed my attention lately has been my Facebook feed. Anyone...
- Fun Friday: Top 5 Real Estate...
I'm sure none of our loyal FOREM member commit any of these ‘blunders' - but just in case… I figured it would be fun to do a little post about it today. Feel free to pass this onto anyone not following the rules!' Top...
- Interactive Floor Plans Going Mobile
Planomatic recently released PhotoPlan Mobile 1.0 Beta - the first mobile interactive floor plan presentation optimized for the iPhone in the virtual media industry. iPhone users now have the ability to interact with real estate listings' floor plans from any point on earth with...
- Judge Rejects TARP Defense in Foreclosure...
NEW YORK CITY-A construction company's argument that a foreclosure action cannot proceed because the lender may have received TARP funds failed to persuade a Brooklyn judge
- City Cuts Deal on Brooklyn Bridge...
NEW YORK CITY-Control of planning, construction and operation of the 85-acre waterfront park, along with nearby development, passes to a new city-controlled entity
- Unions Rally for End to WTC...
NEW YORK CITY-Construction union members and political leaders alike called on the Port Authority and Silverstein Properties to resolve their differences and ‘build it now.’
- Vornado Eyes 510 Fifth Ave.
NEW YORK CITY-The REIT is interested in the retail potential of the 61,000-square-foot building, reports the New York Post.
- Helmsley Carlton House Sells for $170M
NEW YORK CITY-Angelo, Gordon Co. and Extell will convert the upper floors into apartments, according to The Wall Street Journal.
- Australian Consulate Renews 46,476-SF Berth
NEW YORK CITY-The Commonwealth of Australia’s Permanent Mission to the United Nations and Consulate-General will remain at 150 E. 42nd St. for 15 more years.
- Carlton Markets Eight-State Asset Pool
NEW YORK CITY-The assets, mostly cash-flowing properties near resort areas, are worth a total of more than $300 million, Carlton says.
- GlobeSt.TV: Foreign Investors Eye US Assets
NEW YORK CITY-James Fetgatter, chief executive of AFIRE, speaks with Real Estate Forum’s Danielle Douglas, about foreign interest in US real estate.
- Special Servicing Units Look Like Good...
NEW YORK CITY-Island Capital’s acquisition of Centerline’s special servicing arm follows in a string of deals that separate the units from more problematic businesses.
- Design School Expands with 40,000 SF
NEW YORK CITY-Based on the Upper East Side, the New York School of Interior Design will house its graduate programs at 401 Park Ave. So.
- It Takes A Village? Checking In...
For awhile, Slate was satisfied just to be one of the more consistently engaging/occasionally enraging sites on the Internet -- well, satisfied to be that and to run dazzling features from one of the finest young writers of his generation. But in recent years,...
- Friday Afternoon Read: New York Observer's...
Friday afternoon: it is happening as I type this. At the office from which I'm writing this post, my co-workers are celebrating Friday afternoon by enjoying Cuban food from a nearby spot (spoiler alert: the consensus is that plantains are delicious); I am celebrating it by...
- Brand New Colony: Jamestown Properties Commits...
There are hardcore real estate heads out there, probably, who are very aware of German commercial real estate company Jamestown Properties. All I can do is salute those people. For me, the Jamestown Properties of the world -- which the New York Times identifies as...
- Behind the Facelift at 700 Broadway,...
New York City is full of green buildings large and smallish that opt not to pursue LEED (or other) certification for various reasons. But no un-certified green building in NYC has the pedigree of 700 Broadway. George Post's 19th-century classical revival beauty in the East Village...
- Brown Canals NYC: Federal Ruling Tasks...
To say that Brooklyn's Gowanus Canal "rolls through Red Hook, Carroll Gardens and Park Slope" is inaccurate. It doesn't even loll, really. The Gowanus Canal just sort of sprawls, slack and flat and brown and grease-slicked and awash in pesticides, PCBs and metals, across...
- Screaming (About) Trees: Daily News Reports...
Regular gbNYC readers are familiar with our complicated relationship with Mayor Bloomberg. Yes, the diminuitive orange squillionaire is perhaps a bit too eager to put the brakes on progress at the behest of NYC's mega-developers, but Bloomberg has also contributed mightily to New York City...
- Go Hamptons: Southampton Raises Bar To...
Ah, The Hamptons: decadent and expensive and and materialistic and full of nightmarish reality show types screaming wine-breath 'I'm not here to make friends'-type stuff at each other over sodden $40 lunches. And yet also... The Hamptons: beautiful and still comparatively unspoiled in parts and...
- TD Bank Looks To Score With...
Local banks still exist, but are increasingly the sort of thing grandparents talk about walking past on their way uphill to school (and then again, on the uphill home) back in the old days. The tellers knew your name, the locations were convenient, there...
- Zone Defense: Streetsblog on Greening NYC...
The ins and outs of green building and green real estate are not the hardest things in the world to learn, and my byline on this blog is a testament to that. I am, professionally, more or less a sportswriter, but simply by reading...
- Getting to the Point: Cook +...
It's a thing New Yorkers do: get all nostalgic about moderately rancid New York-y type things, once said things have either disappeared or been rendered less rancid. There are probably people who really wish that Time Square was still some Taxi Driver hell of sketchy...
- Mortgage Rates Above 5% as 2009...
The year ends with mortgage rates just over 5%, according to mortgage giant Freddie Mac [[FRE]]. According to Freddie™s weekly survey, the 30-year fixed-rate mortgage (FRM) averaged 5.14% with an average 0.7 point for the week ending Dec. 31. The rate is up from last...
- HUD Eliminates 1% Cap on FHA...
The US Department of Housing and Urban Development (HUD) removed the 1% origination fee cap on loans insured by the Federal Housing Agency (FHA), according a mortgagee letter sent out this week. HUD made the change to remain consistent with the Real Estate Settlement Procedures...
- A look back: HW™s Top Stories...
The end of the year is upon us - and what a year it's been! Here's a look at the top 5 most-read stories from HW this year. A Game of Credit Cost Smoke and Mirrors at Wells Fargo? Paul Jackson, April 9, 2009 This story about...
- UK Home Prices Climb 5.9% in...
Home prices in the UK climbed 5.9% in 2009, according to a report from the Nationwide Building Society. The average price of a home in the UK landed at £162,103 ($257,105) to end the year with an 8.9% rebound from their lowest point in February...
- Treasury Pumps $3.8bn More Into GMAC
The U.S. taxpayer now owns a majority interest in GMAC Financial Services, which this week received a capital infusion of $3.79bn from the US Treasury Department. The latest government-led effort to bolster GMAC's capital base comes as part of a year-end effort to close...
- In This Corner: Valligent CEO Jeremy...
Jeremy McCarty is the CEO and chief valuation strategist of Roseville, Calif.-based Valligent. Formerly known as EAS, Valligent operates in the areas of national residential valuation and collateral risk management solutions, including appraisal review, proprietary valuation, loan pool reconciliation tie-out services, and appraisal underwriting....
- Illinois Adopts Nationwide Licensing System for...
The Illinois Department of Financial and Professional Regulation (IDFPR) said this week it will adopt the Nationwide Licensing System (NMLS) for license applications and renewals beginning Jan. 4, 2010. Loan originators in Illinois will also begin transitioning onto the NMLS for their new individual licensing...
- Origination Funding May Increase as Credit...
A recent set of research focusing on 2010 strategies for investors of agency mortgage-backed securities (MBS) by analysts at Barclays Capital finds that credit availability for mortgage originations may increase in the next six to 12 months. However, the situation will remain tight in the...
- Developers Push RESPA Updates As New...
Mortgage software developers are rushing updates onto the market to meet Real Estate Settlement Procedures Act (RESPA) compliance requirements before the New Year, when changes to RESPA come into effect. Avista Solutions finalized a system update to its loan origination software (LOS) for RESPA compliance...
- Foreclosure Notices Drop in Major Counties:...
The number of pre-foreclosure filings in California, which include notices of default and notices of trustee sales, dropped across several counties in November, according to statistics from Default Research, which tracks the notices. The hard-hit Los Angeles County had a 10% decline from last month...
- Ariz. brokerage joins Keller Williams
Realty Executives says it will retain presence in marketread more
- Another never-ending day
Letters From the Home Frontread more
- Prudential plans 'immersive' virtual tours
CEO: 'This is actually "Avatar" meets real estate'read more
- Demand for purchase loans up
Mortgage rates expected to hit 6% this yearread more
- A case study in cost competition
Company caps commission contributionsread more
- ZipRealty posts $2.1M Q4 loss
Company projects up to 20% revenue growth in 2010read more
- DocuSign offers 'Realtor Edition'
E-signature firm announces branded app, Realtor discountsread more
- 3 tips to get the most...
From Future of Real Estate Marketingread more
- Short-sale risk: 'property flopping'
Appraisers: BPOs raise risk of fraud in short salesread more
- Trulia: Price reductions reach new low
California cities discounted the leastread more
- [Manhattan Absorption] Bounty of Sales via...
Absorption defined for the purposes of this chart as: Number of months to sell all listing inventory at the annualized pace of sales activity. The release of pent-up demand in late 2009 greatly improved the absorption picture for re-sale property in Manhattan. Not much...
- [The Housing Helix Podcast] Debra Taylor...
I recently had the good fortune of getting to know the founder and owner of LINK Boston, Debra Taylor Blair. Her firm built and operates the MLS system in Boston. She also provides invaluable information to the public and the real estate...
- [Trulia] Price Reduction Report – March...
[click to open report] Trulia released its Price Reduction Report for March 2010 and press release The report suggests that sellers are being more realistic when pricing their homes. Over the past year, the rate of price decline began to ease and actually stabilize in...
- [Graphing Stimulus] Edward Tufte Presidential Appointment
[click to expand] President Obama announced his intent to appoint several individuals to serve on the Recovery Independent Advisory Panel. One of them is Edward Tufte who has been my inspiration to look at the housing market with data in different ways. He's...
- [New Mortgage Program] Getting Paid To...
The Obama administration has come up with a radically aggressive plan to reduce foreclosure activity which has remained alarmingly high. The key ingredient is to encourage lenders/services to allow more short sales - selling the home for less than the amount of the...
- [Three Cents Worth #142] Reading the...
It's time to share my Three Cents Worth on Curbed, at the intersection of neighborhood and real estate. Three Cents Worth: Reading the Tea Leaves of Listing Inventory This week I thought I™d try to compare the listing inventory trend in the first two...
- Appraisal Journal Study Cites Flaws In...
[click to open report] Zillow has been one of the most visible and talked about AVMs (Automated Valuation Models) in the US and enjoyed considerable press during the housing boom. Of course they have always been at the mercy of the quality of public...
- Why Banks Aren’t Going To Ease...
Source: NY Times [click to expand] Floyd Norris' Off The Charts column 'Banks Out of the Woods? Maybe Not' had some sobering news from the FDIC. $1 of $8 in outstanding 1-family mortgage loans is to a troubled borrower. 40% of 1-family residential construction loans delinquent or...
- Wall Street Bonus Money Flows Like...
Note to readers - Matrix was hacked and we moved to a new host. Lost some of the graphics as a result - will get back on track shortly. [click to expand] The Wall Street bonus pool rose 17% and average bonus per person rose...
- [Three Cents Worth #141] Manhattan Townhouses...
It's time to share my Three Cents Worth on Curbed, at the intersection of neighborhood and real estate. Three Cents Worth: Manhattan Townhouses and the High Price of Being Single Manhattan townhouses represent about 2 percent of all unit residential sales in Manhattan, but...
- Ten cities managing to weather the...
Jobs in Washington D.C. are growing quickly, and in 2008 the city produced more in goods and services than almost anywhere in the country. Washington DC - Weather - Recession - United States - Washington
- NYT: Plan to pay homeowners to...
NYT: The Obama administration has been trying to keep defaulting owners in their homes. Now it will take a new approach: paying some of them to leave. Presidency of Barack Obama - New York Times - President - United States - Barack Obama
- Pending home sales tumble amid winter...
The number of buyers who agreed to purchase a home fell sharply in January, a sign that demand for housing is sinking this winter as stormy weather slammed Eastern states. Business - Construction and Maintenance - Residential Housing - Real estate - Thomson Reuters
- Mortgage rates fall below the 5...
Mortgages rates have dipped below 5 percent again, four weeks before a government program that is helping keep rates low is scheduled to run out.
- Forbes: Where you can get ahead...
Professional success often requires some degree of sacrifice. Surprisingly, one of those sacrifices might include moving to the outskirts of some big cities. Forbes - Business - United States - Business and Economy - Business Services
- Government extends refinance program a year
The government is giving homeowners another year to refinance their loans under a little-used program designed to help borrowers whose homes have plummeted in value. Loan - Refinancing - Government - Mortgage - United States
- Construction spending falls to 2003 levels
Construction spending fell for a third straight month, pulled down by a slump in private nonresidential spending and weak public construction, a government report showed. Public school - Business - Construction and Maintenance - Consulting - Economic
- Homebuyer credit not jolting housing market
It sounded like a great idea three months ago: Hand homeowners a $6,500 tax credit to find a new place to live, giving a thrust of energy to the housing market's recovery. Real estate economics - Real estate - Business - Residential - Financial...
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- Existing-home sales tumble 7.2 percent
Sales of previously occupied homes took a large drop for the second straight month in January. It was another sign the housing market's recovery is faltering. U.S. Housing Market - Business - Real estate - Residential - Marketing and Advertising
- The Big Shake
New York hasn’t had a big earthquake in 126 years, and history suggests that we’re likely to have one every century or two. That said, we’re in little danger of a Chile-level megaquake—but it’s also true that the city’s buildings are vulnerable during even...
- Eight Happy Stories From the Recession
The past year’s price dip allowed these longtime renters to become owners.
- Same Space, Different Place
Put your carpenter on commission!
- I?m Shopping: Matt Damon
The star has set his sights on Central Park West.
- I Really Didn?t Need to See...
When showings go horribly wrong.
- A Fresh Hell
With new developments pulling in a younger, hipper crowd, Hell’s Kitchen now belies its name. Two neighbors enumerate the amenities.
- The Turning Points
Fourth-quarter numbers reveal six neighborhoods where prices maybe, just maybe, have bottomed out.
- Our Town
How Stuy Town became an oasis for Manhattan?s new middle class.
- Fame Slept Here
A look inside Orson Welles' Madison Avenue townhouse.
- Yet Another Late-Night Host Moves On
It took eight months, but writer-comedian Dick Cavett has finally settled into the Central Park West co-op he bought for $4.2 million in May.
- Vornado wants 510 Fifth
Vornado Realty Trust is swooping in to buy the landmarked 510 Fifth Avenue. Sources say the real estate investment trust led by Steven Roth and Michael Fascitelli is trying to work out a deal for the five-story jewel box on the southwest...
- What's two cents worth?
Call it the 2-cent turn around. According to Ken McCarthy, Cushman & Wakefield's New York-area research chief, the average Manhattan office building asking rent increased in February by 2 cents per square foot over the month before. Before you laugh, know that...
- Purple reign
A home should be heavenly ” and since I live on the roof, it™s already halfway to heaven! says Ultra Violet of her tower apartment, atop a 15-story Art Deco co-op in Carnegie Hill. With unobstructed, panoramic views of the Central Park reservoir to...
- Love at first bid
Now that auctions have become an accepted way to nab a Manhattan condo or a Jersey loft, why not a summer rental? At least that™s Bid on the City™s thinking; it will host its first-ever Hamptons summer rental auction March 20 for nine properties. It will...
- Just sold!
Manhattan FLATIRON $1,450,000 4 W. 21st St. Two-bedroom, three-bath condop, 1,475 square feet, with kitchen with stone counters and Miele and Sub-Zero appliances, soaking tub, walk-in closets, security system and N/S exposures; building features doorman, garage and roof deck. Maintenance $2,639, 15 percent tax-deductible. Asking...
- Rock on
Yes, Alec Baldwin is everywhere. On Jerry Seinfeld™s new marriage show, about to co-host the Oscars with Steve Martin and continuing his house hunt in downtown Manhattan. We™ve tracked the 30 Rock star™s apartment search from the Upper West Side to SoHo, and we can...
- Summer breeze
Last year was a disaster, says Edward Barone ” echoing the lament of just about every Hamptons landlord. Not only was there a lot less traffic, says Barone, who owns a five-bedroom waterfront house in Bridgehampton, but also, everyone was out to just cut prices...
- Support for Hochfelder
Ad am Hochfelder was the baby-faced boy wonder who at the top of his game owned part of a Midtown office portfolio worth nearly $3 billion. Now, he's been indicted for allegedly forging documents and stealing millions of dollars from investors and lenders....
- Property Values: What You Get for...
A cabin in Heber City, Utah, a Gothic revival in Seneca Falls, N.Y., and a condo in Milwaukee.
- On Location: Bringing a Taste of...
Adam Levy lives in a 10-story building that he converted into seven spacious floor-through apartments, including his own duplex penthouse that he finally completed last fall.
- International Real Estate: House Hunting in...
Surrey, a county to the southwest of London, suffered a real estate setback in 2008, after years of steady price increases.
- The Renter Roadblock
Renters were a godsend when the market went into hibernation. But now that buyers are stirring, some owners wish their tenants would just go away.
- Square Feet: Landlords Show Tepid Response...
Only about 100 of 790 buildings that are eligible for hourly prices have opted for the Con Ed service.
- Square Feet: New Airport, Northwest Florida...
Backers said Northwest Florida Beaches International would bring new businesses and residents to the Florida Panhandle; critics said it would also bring environmental problems.
- The Hunt: Hunters Revel in the...
A bedroom door: That’s what Meghan Galewski and James Gonzalez wanted most.
- Living In | Vinegar Hill, Brooklyn:...
Vinegar Hill is nudged into a corner of the waterfront that seems, at least in part, forgotten by time.
- Habitats: Home and Album
Little more than a week after buying an apartment Arash Yomtobian’s employer, Lehman Brothers, announced plans to declare bankruptcy.
- Construction Unions to Rally for Building...
Building is stalled as the Port Authority and the developer, Larry A. Silverstein, debated how much government should invest in private development.
- Satisfied customers are more loyal than...
This research paper focusing on the hotel industry indicates that although delighted customers have generally positively views of brands, a satisfied customer will more likely take action supportive of loyalty marketing constructs (i.e., actually book a return trip) because they have an emotional connection...
- Influence of word of mouth on...
This research paper focuses on the influence of word of mouth (WOM) on customers' perception of service. It's axiomatic that negative WOM can significantly impact brand reputation. Studying the effect of WOM on such perceptions, though, is another matter. And the research article delves...
- Customer loyalty CRM and customer satisfaction
This research paper on CRM strategies used by RBC Royal Bank of Canada (Bahamas), analyzes whether the bank successfully applied the four P's of CRM (planning, people, process, and platform). It's well established that financial success is tied to a well executed CRM strategy...
- Small agile groups drive innovation
According to this MIT Technology Review article, agile groups with fluid ideation and development team dynamics routinely create more innovative products. Yet commercialization of an innovative product is another matter. Successful monetization of a product requires a disciplined approach towards continuous systems and process...
- Curating content and user experience on...
This blog article on 'controlled serendipity' spurred me to conduct a little content curating of my own, resulting in this gem of a research paper that documents how the BBC utilizes Linked Data technologies to make it easier for BBC users to navigate its...
- US Economy Seen Having Slow Growth...
- Home loan demand nudge higher in...
- Jobless Rate for January Dips Slightly...
- US Jan pending home sales unexpectedly...
- Upper-income households report less distress
- Jobless Rate Holds at 9.7%; Weather...
- Jobless Claims Fall in Sign That...
- Wall St. Bailout Softens Blow of...
- Layoffs Hit 20,000 But Planned Furloughs...
- Mortgage Rate Drop Below 5% Stirs...
- Bracing for more beds
The Intercontinental Times Square is set to open in July. From the March issue: Just as New York City's painful and protracted hotel sector slump finally seems to be hitting bottom, the industry has a new problem on its hands: It's about to be...
- Hyatt completes $12M ballroom renovation
The Empire Ballroom at the Grand Hyatt New York hotel at 109 East 42nd Street between Park and Lexington avenues has just completed a $12 million renovation, according to the Hyatt Hotels Corporation. The 18,000-square-foot space was redesigned by Looney and Associates. The nearly-century-old...
- Residents booted from Flatiron building
Tenants were evacuated today from 1182 Broadway at 29th Street, a former manufacturing building that had been illegally transformed into a residential rental space, according to Curbed. The building lacked several basic safety features, the Department of Buildings said, including fire sprinklers, secondary exits...
- Not much progress at WTC site
There hasn't been much development going on at the World Trade Center site, according to an NBC tour of the site. Most significant could be the lack of progress at World Trade Center towers 2, 3 and 4, which have not been completely funded....
- Openings and closings: In Out...
In & Out boutique and Ellis Bar On the Upper East Side, new Swedish beauty boutique In & Out has opened on Madison Avenue between 77th and 78th streets. Today only, the Time Warner Center at 10 Columbus Circle is offering a pop-up tea party...
- Groundbreaking on the new Nets arena...
The Real Deal is looking for your feedback on market-related issues. Please comment below. If you have questions you'd like posted, please e-mail news@therealdeal.com.
- W'burg's Rose Plaza gets City Planning...
Down the road from the fledgling Domino Sugar factory development site on the Williamsburg waterfront, another large-scale residential complex is having better luck in getting off the ground. The Department of City Planning has approved a rezoning proposal for the three-building, 801-unit complex that...
- Brooklyn residents claim bias by Landmarks
A group of residents from two Brooklyn neighborhoods, Ditmas Park West and Beverly Square West, are crying foul against the city's Landmarks Preservation Commission, claiming that the agency has favored the establishment of historic districts in brownstone-heavy areas and snubed those neighborhoods with Victorian-style...
- Industrial occupancy rates stabilize in region
According to new research from Colliers International that examines the global shipping trade™s varied impact on industrial property fundamentals in the nation™s ten largest seaports, industrial occupancy rates for commercial space in and around the New York City and New Jersey property markets appear...
- Childs in talks with Ratner to...
David Childs and the planned Barclays Center at Atlantic YardsWhile Frank Gehry is long gone from the Atlantic Yards development, developer Bruce Ratner may be bringing another architecture heavyweight to the project, according to the Brooklyn Paper. Starchitect David Childs, who served as head...
- 56 Leonard Tribeca Condo by Herzog...
The long awaited design for 56 Leonard Street in Tribeca by Swiss architects Herzog & de Meuron has been revealed....
- HL23 - Condos at 515 West...
Who said the credit crunch would stem the flow of design driven condo development? Here we take a look at...
- 15 Union Square West - 15...
The conversion of the 5-story building at 15 Union Square West into 36 condominium apartments has revealed an 1870 cast...
- Twenty9th Park Madison - 39 East...
Urban planners might want to make a case study out of the area just north of Madison Square Park in...
- One Madison Park - 23 East...
This strikingly tall and narrow 60-story condo tower is to be known as One Madison Park and will smartly have...
- Superior Ink Condos - 400 West...
If only the most well located new condo projects are getting financing in the credit crunch, then Related's Superior Ink...
- One Jackson Square - 122 Greenwich...
One Jackson Square at 122 Greenwich Avenue in Manhattan's West Village fills a long vacant lot just below 14th Street....
- 166 Perry Street - Asymptote
Another week, another "avant garde" condo in Manhattan -- this time from the developers who made the first leap in...
- Condos at 151 & 205 East...
The Lucida - 151 East 85th Street The Brompton - 205 East 85th Street Two new condo apartment houses offer...
- Local Ads testimonial - Chris Keller,...
Last week, one of our Trulia team members received a great testimonial from Chris Keller, agent in San Diego, CA. Here are some neat things Chris had to say about our NEW! Local Ads product: 'I started using [a competitor's advertisement] about 1 month ago. I...
- Trulia™s March Price Reduction Report -...
photo credit: jackenhack Today Trulia announced a new all-time low for national home price reduction levels since the company started tracking in April 2009, with 19 percent of listings currently on the market in the United States as of March 1, 2010 experiencing at least one price cut. This represents a...
- Today Show + Trulia: Real estate...
WOOT! It's been an awesome week for Trulia! Starting on Monday and ending today with a bang, Trulia received lots of love from Barbara Corcoran on NBC's Today Show. Check out these sweet deals around the country. Thanks for having us Barb! Minneapolis, MN 3512 Portland...
- Celeb homes for sale: Kara DioGuardi,...
When one sells, they all sell. This week, it's the ladies who are hitting the market hard to offload their multi-million dollar mansions. We're seeing American Idol judge Kara DioGuardi, Christina Aguilera, Ashlee Simpson-Wentz and Scarlett Johansson all list their homes for less than...
- First Local Ads testimonial - Joseph...
Last week, I had a great conversation on Local Ads with Joseph Hewey, agent in Dallas, TX. Joseph has been a Local Ads subscriber for a little over a month and he's had HUGE success! Check out his testimonial below: Our conversation went something like...
- Trulia™s February Price Reduction Report -...
photo credit: woodleywonderworks Today we announced that 21 percent of homes currently on the market in the United States as of February 1, 2010 have experienced at least one price cut. This represents the second straight month of home price reductions at this level,...
- New Video: Trulia Local Ads
Please join us for our 1st Trulia Local Ads webinar this Thursday February 11 at 10am PT / 1pm EST. Space is limited so please register today. Related PostsLock up your local market! Introducing Trulia Local AdsShine your spotlight everywhereFirst Local Ads testimonial -...
- Trulia CEO Pete Flint on CBS...
Watch CBS News Videos Online According to CBS: American retailers report that home sales are up, but sellers aren't getting the amounts they used to. Ben Tracy reports on the housing market for the CBS News series 'Where America Stands.' Trulia CEO Pete Flint says- The...
- Listen to Trulia™s Real Estate of...
Trulia hosted a Real Estate State of the Union conference call today that revealed results from a recent survey on consumer sentiment with regard to how President Obama has handled the housing crisis in his first year in office. Also discussed are the most...
- Trulia, President Obama and the Real...
photo credit: hiddedevries On Tuesday January 26th 2010, Trulia's CEO Pete Flint will be hosting an industry call discussing how President Obama did in his first year in regards to turning around the housing crisis. Pete will be joined by real estate experts and...
- Following The Bids - Mental Math
A: When I was in elementary school I knew that math was my strongest subject. I recall one teacher that would challenge our class in an exercise she called 'Mental Math', a contest me and a few of my close friends at the time...
- VIX Nearing 52-Week Lows
A: I need to get away from real estate for a moment. Taking a look at the VIX nearing 52-week lows makes me wonder about complacency and how cheap it is right now to buy some volatility? Maybe some puts? Anyway, when the VIX...
- Measuring UP Square Footage - Is...
A: This is a topic I touched on a few times here, and is an old story that gets replayed every 10-12 months or so. Just how 'off' is Manhattan square footage? To be honest, its way off but I think this marketplace has...
- Looking Forward To Manhattan Q1 2010...
A: Lets have some fun here and take some guesses as to what to expect when the Manhattan Q1-2010 report is released in about 4 weeks. One thing is for sure, the SALES aspect of the report will likely show a surge over the...
- Q4 FDIC Banking Stats - Durable...
The FDIC banking profile for the fourth quarter came out yesterday. The following are highlights of the report with my comments. I continue to closely monitor the banking system because while the acute phase of the crisis is long over with, debt...
- Handling Multiple Offers in Today's Market
A: Whether you question the sustainability of it or not, you can't deny that some well priced properties out there are receiving multiple offers in the past 4-6 weeks or so. However, that doesn't mean each will end in a bidding war! In fact...
- A revolution or Non-Event? Breaking...
It™s been touted as a consumer-empowering trend, a revolution, a win for buyers and a loss for agents ¦ VOWs “ Virtual Office Websites. It all started with a lawsuit in which the Department of Justice sued the National Association of Realtors in...
- Pending Sales / 90-Day MA Closings...
A: I'll try to get right to the point here for you guys. I continue to see Pending Sales stay at healthy levels after a short adjustment down from the surge we saw in contracts signed starting around mid 2009. My data shows Manhattan...
- Fed Hikes! Discount Rate That Is
A: Okay okay, so I teased you a bit. But this is the first real sign that the era of exit strategy has officially begun. Sure you could have argued that it began earlier with the expiration of some emergency credit facilities, but this...
- Where the Deals Are Happening Jan...
Christine Toes here. I saw Noah's post a few days ago citing that the market had really picked up lately. Here is what I have seen in my own business: 201 E 28th, large one bed co-op with outdoor space/views, asking $799K on...
- How™s the Westchester Real Estate Market?...
As a real estate agent I get asked this questions a number of times a week. I could answer that question in a number of ways. I could say the market is down, compared to 2 years ago. I could also reply with the...
- Pick your agent wisely, oh home...
If you're like most home buyers, there's an 87% chance that you started looking for a home on the web, according the National Association of Realtors® (NAR). And according to the National Association of My Personal Experience, there's a high probability that you're...
- Negotiating the purchase of a home...
When negotiating to purchase a home, understanding what your ‘levers' are can be a significant advantage to winning a the deal. Most people believe that price is the only bargaining chip when purchasing a home. Although this may be true in most cases, it does...
- Updated Closing Cost Calculator for Sellers...
I recently released a calculator for sellers to calculate their closing costs when selling their home. I did not realize it was going to be so popular. In fact, I have already received some suggestions on how to make it better. Hey, I listen. What...
- Buying a home in Westchester County:...
I've written various posts on this topic before, but it's so important I thought I would write another one. I'm a huge believer in the term 'managing expectations'. Being in the business of providing a service, too often we tend to assume that the client...
- What is PMI and how you...
PMI stands for Private Mortgage Insurance. When someone takes out a mortgage for more than 80% of the home's value an additional premium, or penalty depending on how you look at it, must be paid to protect the lenders against default. (a contributing factor...
- The crazy things agents write on...
Real estate agents, yes, we are a funny bunch! Our creativity levels range from complete plagiarism to the absolute head-scratcher. Most of us real estate agents did not go to school for marketing or advertising. Attempting to make a compelling and memorable offer like...
- What are the types of relationships?
With stuff like this I rather not make up my own interpretation, or worse, paraphrase. That's why I copied and pasted directly from the Realtor.org website. I get no credit for this, but I thought I share it with you because I think this...
- For Sellers: New Closing Cost Calculator
As you may already know-or not know, I'm always trying to figure out how to help clients and future clients with their real estate needs. Helpful Realtor® it almost sounds like an oxymoron (two opposites put together), but what the heck. Here's another FREE...
- Real Estate is not rocket science
I remember the time when I was looking for a home, before I became a Realtor®. I only wished for one thing: to have access to the Multiple Listing Service (MLS) like my Realtor® did. If only I could get in there and...
- What Does ˜House in Redemption™ Mean?
A question from Bay City, MI, asked by chummydog in Zillow Advice is: What does 'house in redemption' mean? Do you know? P.S. Real estate agent Mike Emery received the 'Best Answer' vote.
- Glenn Close™s Central Park West Home...
We're still feeling some Oscar® fever, so allow us to indulge with yet another home owned by an Academy Award nominee - Glenn Close. Yes, we still have vivid memories of her role as deranged stalker Alex Forrest in Fatal Attraction and were curious...
- Seattle real estate pros - Zillow...
Attention Seattle-area real estate professionals: We're hosting two Zillow education events this week, one on Thursday in Bellevue and one on Friday in Seattle. Thursday, March 11, 8:30 am - 10 am, Hyatt Regency Bellevue. Friday, March 12, 8:30 am - 10 am, Seattle Public Library. Come...
- Rate for 30-year Fixed Mortgage Fell...
Mortgage rates for 30-year fixed mortgages declined this week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 4.76%, down from 4.80% at this time last week. The 30-year fixed mortgage rate fluctuated between 4.76 and 4.82 during the past week. Additionally,...
- A Month That Makes Us Miss...
Consistent with trends that materialized in December, home value change continued to weaken in many markets around the country during January. Nationally, while the annualized appreciation rate continued to improve -“ increasing from -5.5% in December to -4.8% in January “- home values declined...
- Jennifer Capriati™s Florida Home Listed for...
The Florida home of former professional tennis sensation Jennifer Capriati is on the market for $2.1 million; it was first listed in 2008 for $2.35 million. Located in Wesley Chapel, about 40 minutes outside of Tampa, Capriati's home is part of the Saddlebrook Resort community,...
- Former ˜OC Housewife™ Jeana Keough Ducks...
Lots of real estate news lately, surrounding some 'Real Housewives,' including Tamra Barney who appears to have sold her home in a short sale and now, Jeana Keough, who avoided foreclosure and got a loan mod. We reported last June that Keough admittedly had a...
- New Program to Offer Short Sale...
Since President Obama took office last year, housing has been one of his administration's top priorities. Programs have aimed to stem foreclosures by encouraging loan modifications and stimulate demand for housing with tax credits. Now, the administration is taking a slightly different tack. The New...
- Modern Montauk Beauty Gets Price BUMP...
Yes - you read that right - a price hike of $15 million. According to Curbed Hamptons, a modern Montauk Zen masterpiece was listed for $35 million, but just got a price hike of $15 million. Located oceanfront at 42 Old Montauk Highway, Montauk, NY,...
- Chicago Billionaire Wrigley Has Two Multi-Million...
A couple of notable residences on the market in the Chicago area are owned by billionaire Bill Wrigley Jr., the great-grandson of chewing gum founder William Wrigley, who established the candy company in 1891. Wrigley Jr. sold Wrigley Co. to Mars Inc., in 2008...
