Lee Avenue, ‘05. Pic by Rheingold_Room.
Finger Fight: Opponents Plan Appeal of Ruling [Gowanus Lounge]
Crime Is Down, but Brooklyn Speaks It Up [City Room]
Cramer: Fed Needs to Boost Housing [The Street]
What Makes a Place Walkable? [Streetsblog]
Bushwick Apartment Roundup [BushwickBK]
Bed-Stuy Real Estate Picks [Bed-Stuy Blog]
Real Estate Bloggers Party [NY Observer]
Safe Winter Sidewalks [Clinton Hill Blog]

For more visit Source:www.brownstoner.com

Share This

Share This

Another little birdie emailed us with some of the costs that the consultants hired by the Feds are projecting for restoring the Admiral’s Row houses. As you can see from the chart, there were some later additions to the original 19th Century houses that are generally in worse condition and not considered worth saving, hence the two square footage numbers. The Rehabilitation numbers refer to restoring what’s currently there, bringing existing details back to life and replicating missing portions; The Reconstruction numbers refer to a scenario in which remaining details are salvaged and incorporated into newly-constructed replicas. In addition to being cheaper, the Rehab approach sounds preferable to us. How do these numbers look to you?
Admiral’s Row: “Extremely High Level of Historic Integrity” [Brownstoner]
Officers’ Row: Let’s Have Our Cake and Eat It Too [Brownstoner]
Officers’ Row Preservation Coming to a Contentious Head [Brownstoner]
For Officer’s Row, Supermarket All But Certain [Brownstoner]
Admiral’s Row Fixup to Cost $20M [NY Daily News]
Real Estate Round-Up [Brooklyn Eagle]

For more visit Source:www.brownstoner.com

Share This

Share This

In anticipation of the commuter nightmare that’s going to be caused by the closure of the Smith-9th Station, Assembly Member Joan Millman is lobbying the MTA for a new bus route to Manhattan. Following a recent community board meeting where the MTA stated it would consider establishing a line through the Battery Tunnel to Lower Manhattan once the station revamp began in 2010, Millman sent a letter (copy on jump) to the transit authority urging it to start up the bus line immediately. “We want them to begin the service now, so we have the ability to see if it works,” says Paul Nelson, Millman’s chief of staff. “Why wait until the station closes down to see if there’s demand for the route?” Nelson stated they want the service to be local, rather than express (which would cost $5 a pop), which doesn’t rule out the possibility of limited stops. Millman’s office isn’t pushing for specific stops aside from one at Smith-9th, though the line could conceivably serve Park Slope, Carroll Gardens and Red Hook. Seems like a no-duh idea to us; how’s it rest with commuters who rely on Smith-9th?
Man on the Street: Ready for Smith-9th to Close? [Brownstoner]
Photo by phrenologist.

For more visit Source:www.brownstoner.com

Share This

Share This

Flyers sign Richards to a 12-year contract
Philadelphia Inquirer - It’s just exciting to be a part of something that has such a great tradition and history as the Philadelphia Flyers. “It’s a lot of money. The next 12 years of my life is going to be fun. . . . [Comcast-Spectacor chairman] Ed Snider has given the

After the money’s gone
International Herald Tribune - On Wednesday, the U.S. Federal Reserve announced plans to lend $40 billion to banks. By my count, it’s the fourth high-profile attempt to rescue the financial system since things started falling apart about five months ago. Maybe this one will do the

Mortgage Lenders Face Long Rehab
Street.Com - Businesses that relied on mortgage lending will have to shrink down and expect to make less money going forward, he says. An explosion of exotic mortgage underwriting dominated the market over the past four years, fueling outsized profits and

Inflation hottest in two years, output solid
Reuters - All of these dovish, weak-money individuals out there screaming for rates cuts really need a bucket of cold water in the face because if the Fed goes down that path we might have a bubble in the CPI,” stated Michael Darda, chief economist at MKM Partners

Follow the money in SMB open source market
ZDNet Blogs - The 451 Group insists they’ll continue to be. Why? Follow the money. (Picture from Channel Systems of Canada.) In a traditional sale a large hunk of money goes to the software vendor, another large hunk to the hardware vendor, and yet-another massive hunk

Marrying for love of money
AZCentral.com - On a recent episode of “Dirty Sexy Money,” ABC’s soapy drama about the filthy rich, heiress Karen Darling gets married for the fourth time, to a golf pro. Minutes after the ceremony, she decides she wants a divorce, leaving the golfer to wonder about

Father’s Abandonment Molded Obama
CBS News - When Obama won a scholarship to study at Harvard in 1963, and didn’t have the money to take his young family with him, some were not surprised that he didn’t return. Abercrombie sums up the reason in a single word: ambition. “His ambition was to be a

U.S. jury accuses man of fraud
Baltimore Sun - Bowen used Under Armour’s name, without the company’s knowledge or permission, to entice unsuspecting investors to give him money to buy Under Armour stock. Through this scheme, Mr. Bowen allegedly bilked investors of over $230,000,” Maryland U.S

Daimler to Sell Buildings on Berlin’s Potsdamer Platz (Update3)
Bloomberg - Daimler, the world’s largest truckmaker, started divesting real estate and other assets last year to put the money to better use. In October, the company sold its former headquarters to Ixis Capital Partners Ltd. for 240 million euros.

Miley and ‘Hannah’ work hard for the money, and fans
Chicago Tribune - By the end of her very, very sold-out show Saturday evening at the Allstate Arena, the teen queen seemed spent. The energy she started the much-hyped concert with had dwindled, her dance moves lost their bounce and she could barely catch her breath

Debunking the idea that retirees should keep a lot of money in bonds
Boston Globe - Here’s a bad idea whose time has gone: Retirees should keep a lot of their money safe in bonds. Traditionally a popular source of income for folks on the receiving end of Social Security, bonds have “failed miserably” to protect retiree income

Jim Cramer’s Portfolios of the Week
Street.Com - Here are some Cramer highlights from the past week as aggregated from his “Mad Money” TV show, the “Stop Trading!” segment on CNBC and his RealMoney blog posts. Cramer’s Four Horseman of China : Cramer sees big opportunity in one of the four horseman

Illinois probing top home lender
Chicago Tribune - Those are mortgages in which the applicant isn’t required to document income and assets to determine how much money can be borrowed. “No-doc loans were meant for a very limited population to use, for people who were very rich,” she said. Instead

Robbers hit N. Dade Walgreens — again
Miami Herald - For the second time in a month, a Walgreens in North Miami Beach has been hit by armed robbers. Wearing masks, the two men raided the store at Northeast 167th Street and Seventh Avenue at 1:30 a.m., leaving with an undetermined amount of money. Not

Feds indict friend of governor
Chicago Tribune - prosecutors alleged that Rezko and another fundraiser, identified only as “Individual B,” schemed nearly from the beginning of the governor’s administration to use their newfound influence for corrupt purposes, including raising campaign money.

Share This

Share This

In that no-man’s land that feels like Williamsburg but technically’s Bed Stuy, a three-story building is almost topped out at 114 Walworth Street. Walworth Street? Yup. It’s a four-block stretch that runs one block east of Spencer from Flushing to Dekalb. We’ve never seen a human being on it, but soon enough it’s sure to be mobbed with legions of Bricolage fans flocking to admire the 27-unit Radusky design. Of course, if 192 Spencer is having a tough time moving product, it’s hard to imagine a line around the block for these. GMAP P*Shark DOB

For more visit Source:www.brownstoner.com

Share This

Share This