Showing posts with label Real Estate. Show all posts
Showing posts with label Real Estate. Show all posts
Friday, September 28, 2007
That Wasn't There Last Month!
Thursday, September 20, 2007
Springfield Gardens or Carroll Gardens? $1775 for a 1-BR Rental @ The New Yorker
A one bedroom rental is going for almost $1800 a month at the new and finished New Yorker building. We're sorry we don't have pictures right now. But you've probably seen it already, since its grand opening around June. It's located at the intersection of South Conduit Avenue and Guy R. Brewer (177-50 South Conduit Avenue). It's the third in a series of luxury sister apartment complexes. The first building built was The Empire House several years ago, followed by The Liberty HouseThe New Yorker is the first out of the three to house residential and commercial space. Look out for more pictures of the finished New Yorker building, along with its sisters Liberty Building and Empire Building in our next post.
Monday, September 17, 2007
The New York Times Reports: LIVING IN SPRINGFIELD GARDENS
Check out the article that ran in this weekend's New York Times about SPRINGFIELD GARDENS.Among some of the topics discussed: the influx of new housing, population increase and environmental awareness - all topics of focus since the creation of this weblog. Accurate? Inaccurate? Please post your thoughts.
An expanse of homes with a note of suburban calm, Springfield Gardens, like some other Queens neighborhoods, has also been the site of feverish development in recent years as investors have gobbled up and demolished single-family houses and replaced them with multiple-family dwellings. Many residents worry that the population increase ushered in by the larger buildings is more than the neighborhood’s infrastructure can accommodate.
“People care about their homes and look out for one another,” said Yvette Kearse, an agent with Century 21 Milestone Realty. “If you want a neighborhood with manicured lawns, larger homes and not a lot of problems in this section of Queens, a favorite is Springfield Gardens.”
Labels:
11434,
articles,
New York Times,
overpopulation,
Real Estate,
Springfield Gardens
Friday, September 14, 2007
Monday, August 27, 2007
SUBPRIME EMBARRASSMENT: Jamaica-Rochdale Village Tops All of Queens with 450 Foreclosure Filings
The media has been talking about foreclosures and the state of the current housing market for the past week. Among the many, the Metro New York paper reported this morning on how officials are starting to step up the crackdown on predatory lenders. State Sen. Jeff Klein also revealed stats on the hardest hit neighborhoods in NYC. Sad to report that Jamaica/Rochdale Village (predominately black neighborhoods) filed for the most foreclosures for the borough of Queens.
“Unfortunately, instead of working with endangered homeowners,” (Sen. Charles) Schumer said, “unscrupulous lenders are going out of their way to push high risk loans and preventing mortgage holders from refinancing.”
“Especially in the black and Hispanic community, we’re trying to get the so-called American Dream,” said State Sen. Ruben Diaz of the Bronx. “And in our pursuit, we are being taken and now we are living this nightmare.”
To add, here are two heartbreaking foreclosure stories. Now, we may not know the whole story of Michele McIntosh from Far Rockaway and Helen Rice-Lyles of Staten Island, but after analyzing their situation, they were foreclosure cases waiting to happen. Someone lied to them. And they lied to themselves.
“Unfortunately, instead of working with endangered homeowners,” (Sen. Charles) Schumer said, “unscrupulous lenders are going out of their way to push high risk loans and preventing mortgage holders from refinancing.”
“Especially in the black and Hispanic community, we’re trying to get the so-called American Dream,” said State Sen. Ruben Diaz of the Bronx. “And in our pursuit, we are being taken and now we are living this nightmare.”
To add, here are two heartbreaking foreclosure stories. Now, we may not know the whole story of Michele McIntosh from Far Rockaway and Helen Rice-Lyles of Staten Island, but after analyzing their situation, they were foreclosure cases waiting to happen. Someone lied to them. And they lied to themselves.
Labels:
11434,
foreclosure,
predatory lending,
queens,
Real Estate
Friday, August 3, 2007
Tuesday, July 31, 2007
Flip This House! Classic Colonial
Labels:
colonial,
Flip This House,
queens,
Real Estate
Friday, July 27, 2007
Storefront Renovations Across the Street from The Courtyard Marriott JFK

Two residential/commercial storefronts in the renovation phase. Not sure what will become of them. Located at Rockaway Blvd., between South Conduit Ave. and 144th Ave. - across the street from the Courtyard Marriott.
Saturday, July 14, 2007
Raising the Roof
Exactly one year ago, this house used to look...

...like the house to the right of it.

Someone bought the originally ranch-styled house, raised the roof, added a second floor, and is now RESELLING it. The workmanship is awful. The house is located on 155th Street, between 137th and 140th Avenues. Even if you're not a building contractor, you can spot at least five errors. Click the pics for the details. It's not a pretty home at all.
...like the house to the right of it.
Someone bought the originally ranch-styled house, raised the roof, added a second floor, and is now RESELLING it. The workmanship is awful. The house is located on 155th Street, between 137th and 140th Avenues. Even if you're not a building contractor, you can spot at least five errors. Click the pics for the details. It's not a pretty home at all.
Sunday, July 8, 2007
Thursday, June 21, 2007
Observation: A Real Estate Prediction
HAPPY SUMMER to all! Enjoy what summer has to give in our neighborhood. Don't forget to check out Baisley Pond Park. It's wildlife in your backyard.
Here's a house on the corner of 129 Ave and 160 St. that's for sale and needs some TLC. PREDICTION: By this time next year, this house will be totally renovated and refurbished into a Southeast Queens "McMansion."
Here's a house on the corner of 129 Ave and 160 St. that's for sale and needs some TLC. PREDICTION: By this time next year, this house will be totally renovated and refurbished into a Southeast Queens "McMansion."
Saturday, June 2, 2007
Flip This House! Corner Cape
(134th Avenue and 156th Street)
Labels:
Cape Cod,
Flip This House,
queens,
Real Estate
Sunday, May 27, 2007
Foreclosure Town Hall Meeting - Tuesday, May 31st
South Jamaica residents are well aware of the major problems of predatory lending (and who they target and who usually are the victims). To say modestly, dozens of Southeast Queens homeowners will lose their home this year because they won't be able to pay their mortgage. There will be a foreclosures forum this Tuesday at York College. We want to be homeowners, but we must do our homework. Read more about this neighborhood problem in the article below, as published in the Times Ledger this week.
SE Queens foreclosures set stage for York forum
By Craig Giammona
05/24/2007
The white piece of paper on the desk in front of state Sen. Shirley Huntley (D-Jamaica) tells a troubling story. Labeled "Foreclosure Patterns - 2006," the map is of Queens County and the dots, each representing a mortgage default, are tightly clustered in her district, which comprises a large swath of southeast Queens.
There were foreclosures throughout the borough in 2006, the map shows. But in areas of America's most diverse county, where the population is more than 50 percent black or Hispanic, the problem is particularly severe.
Outside of southeast Queens, there is dense pack of red dots in Corona on the 2006 map."People go basically and buy homes they can't afford," Huntley said. "I'm not saying they're not smart, but they're not experts in this area and they're taken advantage of."The issue of foreclosures has risen to the forefront in Queens in the last few months, shining a light on the so-called predatory mortgage brokers and real estate agents that many believe are fueling the problem.
The Website PropertyShark.com released a report in April indicating that foreclosures had skyrocketed in Queens during the first three months of 2007. In fact, the report said that more homes had been sold at auction in Queens than in the four other boroughs combined during the first quarter.In addition, PropertyShark, an online clearinghouse for real estate information, said of the 20 zip codes in New York City with the most foreclosures for January through May, 16 were in Queens and 12 were in 114, an area that includes Jamaica, Hollis, Laurelton, St. Albans, Cambria Heights and Queens Village.
Overall there were 554 foreclosures in the first three month of 2007 in New York and 319 were in Queens. "Something needs to be done," Huntley said, acknowledging that she is still working to determine the best route for lawmakers to take in combatting the problem.
The first step will be a town hall meeting at York College on May 31 that will bring together several state and city agencies for a discussion with area politicians, including Huntley and Councilmen Eric Gioia (D-Sunnyside) and Leroy Comrie (D-St. Albans).The office of Queen District Attorney Richard Brown and state Attorney General Andrew Cuomo will also be represented, Huntley said.
The event will take place at York's Performing Arts Center at 94-20 Guy R. Brewer Boulevard and is scheduled to being at 6:30 p.m.Reach reporter Craig Giammona by e-mail at news@timesledger.com or by phone at 718-229-0300, Ext. 146.
©Times Ledger 2007
SE Queens foreclosures set stage for York forum
By Craig Giammona
05/24/2007
The white piece of paper on the desk in front of state Sen. Shirley Huntley (D-Jamaica) tells a troubling story. Labeled "Foreclosure Patterns - 2006," the map is of Queens County and the dots, each representing a mortgage default, are tightly clustered in her district, which comprises a large swath of southeast Queens.
There were foreclosures throughout the borough in 2006, the map shows. But in areas of America's most diverse county, where the population is more than 50 percent black or Hispanic, the problem is particularly severe.
Outside of southeast Queens, there is dense pack of red dots in Corona on the 2006 map."People go basically and buy homes they can't afford," Huntley said. "I'm not saying they're not smart, but they're not experts in this area and they're taken advantage of."The issue of foreclosures has risen to the forefront in Queens in the last few months, shining a light on the so-called predatory mortgage brokers and real estate agents that many believe are fueling the problem.
The Website PropertyShark.com released a report in April indicating that foreclosures had skyrocketed in Queens during the first three months of 2007. In fact, the report said that more homes had been sold at auction in Queens than in the four other boroughs combined during the first quarter.In addition, PropertyShark, an online clearinghouse for real estate information, said of the 20 zip codes in New York City with the most foreclosures for January through May, 16 were in Queens and 12 were in 114, an area that includes Jamaica, Hollis, Laurelton, St. Albans, Cambria Heights and Queens Village.
Overall there were 554 foreclosures in the first three month of 2007 in New York and 319 were in Queens. "Something needs to be done," Huntley said, acknowledging that she is still working to determine the best route for lawmakers to take in combatting the problem.
The first step will be a town hall meeting at York College on May 31 that will bring together several state and city agencies for a discussion with area politicians, including Huntley and Councilmen Eric Gioia (D-Sunnyside) and Leroy Comrie (D-St. Albans).The office of Queen District Attorney Richard Brown and state Attorney General Andrew Cuomo will also be represented, Huntley said.
The event will take place at York's Performing Arts Center at 94-20 Guy R. Brewer Boulevard and is scheduled to being at 6:30 p.m.Reach reporter Craig Giammona by e-mail at news@timesledger.com or by phone at 718-229-0300, Ext. 146.
©Times Ledger 2007
Labels:
homeowner,
predatory lending,
Real Estate
UPDATE on Development: 125th Ave & Merrill Street
Sunday, May 20, 2007
Development: 125th Ave & Merrill Street
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