Rental market booming in Westchester, distressed properties push home prices down another 5.7 percent … and more | The Real Deal | New York Real Estate News

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  • Rental market booming in Westchester, distressed properties push home prices down another 5.7 percent … and more

    April 22, 2011 08:00AM

    1. Eighteen Mercedes House units rented within a week of hitting the market [NYT]
    2. Residents, advocates continue anti-Walmart campaign as Related’s Gateway Center purchase awaits mayoral approval [Brooklyn Paper]
    3. Long Island developers scale back megaprojects in response to community resistance [NYT]
    4. DoBro’s the Addison hits the market with rentals starting at $1,865 per month [Curbed]
    5. Jodi Pulice, of JRT Realty Group, opens up on women and minorities in the real estate industry [NYT]
    6. Flushing’s One Fulton Square complex breaks ground [Post]
    7. Former Newark car showrooms to be converted into apartments [NYT]
    8. East 125th Street gets a boost from new retailers [WSJ]
    9. In Westchester, slow recovery makes way for booming rental market [NYT]
    10. Community Board 2’s land-use committee approves Boerum Hill rezoning proposal [Brownstoner]
    11. Supervisor ordered that standpipe supports be removed prior to Deutsche Bank building fire, worker testifies [NYT]
    12. Distressed properties push U.S. home prices down 5.7 percent in February: FHFA [Bloomberg]
    13. A look back at the history of Fifth Avenue’s restored Knox Hat Building [NYT]
    14. Rabbi brought in to mediate in lawsuit over Serge Hoyda’s stalled 180 Ludlow project [The Lo-Down]
    15. Late mortgage payments, short sales, foreclosures and their effects on credit scores [NYT]

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