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New York Real Estate

Property Sales Give Biotech Brokers the Jitters

September 6th, 2010

Experts say the recently announced purchase of three San Diego life sciences buildings by Alexandria Real Estate Equities Inc., already among the dominant players in local biotech real estate, marks a continuing trend toward consolidation, and could also signal a spree of acquisitions within the biotech lab sector in coming months.

Builder starts Garfield town house development despite tough housing market

September 6th, 2010

At a time when most builders have put down their tools, Pulte Group Inc. has started a 184-unit town house development overlooking the Passaic River in Garfield.

New workers have reason to celebrate

September 6th, 2010

For some, Labor Day will be followed by something special: Going back to work Tuesday, especially for those who have been out of work for months or…

A New Development

September 6th, 2010

Amy Bodek takes over Long Beach’s planning functions.

PGT weathers economic storm

September 6th, 2010

PGT Inc., a leading manufacturer of hurricane-resistant doors that took drastic measures to survive the real estate downturn, has posted its first sales gains in four years. It is working to continue the trend despite dreary new-home indicators.

Future hiring will mainly benefit the high-skilled

September 5th, 2010

Whenever companies start hiring freely again, job-seekers with specialized skills and education will have plenty of good opportunities. Others will face a choice: Take a job with low pay — or none at all.

How Ruthless Banks Gutted The Black Middle Class And Got Away With It

September 5th, 2010

The real estate and foreclosure crisis has stripped African-American families of more wealth than any single event in history. The American middle class has been hammered over the last several decades. The black middle class has suffered to an even greater degree.

Mosque was a steal

September 5th, 2010

The original owners of the Ground Zero mosque site mysteriously spurned dozens of higher bids before selling the prime downtown real estate at a bargain-basement price. The Pomerantz family, which had owned the building since the late 1960s and fielded offers after the patriarch died in 2006, rejected at least…

Owning a home has benefits, even when it’s a lousy investment

September 5th, 2010

New York Times Friday, September 3, 2010 Hallowell and Firmat say now is the time to buy, if only because interest rates are so low. It’s hard to read the headlines and not conclude that becoming a homeowner is a terrible idea. The National Association of Realtors announced recently that existing home sales in July fell 25.5 percent from the previous year. There was a federal tax credit in place …

Property Transfers: Sept. 5, 2010

September 5th, 2010

Real estate transfers of $100,000 or more as shown in the records of the Shelby County Register’s Office include: