Rat Infestation

Even better than the 'art deco' building condo on Wyckoff/Smith is
this '1930s' house thanks to our listing realtor who really must know her stuff. And she adds near to Atlantic Yards and new METS stadium.
Wait till DDDB hears this.

Posted by: Petebklyn at July 11, 2006 12:35 PM in response to House of the Day: Overpriced on St.James?

Ian,
In essence they do have tax breaks because Real Estate tax is based on value of prop - and value of property is based on rent roll.
And there are incentives - rents can be raised beyond usual rent increases for MCI - major capital improvements.
Also keep in mind that any new construction is not under any control/stabilization unless landlord seeks special tax breaks and voluntarilty enters system.
So I fail to see how deincentive to build new rentals if program (rent stab/control) is voluntary.
You are free to build what you want and charge what you want.

Posted by: Petebklyn at July 11, 2006 2:33 PM in response to Bushwicker Makes Top Ten Landlord List

link to NYTimes just maximizes the photo.
Here is link to article.
http://www.nytimes.com/2006/07/12/nyregion/12yards.html

Posted by: Petebklyn at July 12, 2006 10:08 AM in response to Big Turnout For AY Housing Forum

even more noticeable when driving on down BQE at night.

Posted by: Petebklyn at July 12, 2006 10:43 AM in response to Home to Dumbo's Most Prolific Architecture Firm

I don't see 'wealth destruction'. I see house purchased in 1980 for a few hundred thousand worth many millions - and all that creation of wealth is the catalyst for messy bitter divorce.
And article speculated prop was worth about same with or without house and part of that reason is that interior of house was nothing great.

Posted by: Petebklyn at July 12, 2006 11:17 AM in response to Wednesday Links

Obviously lot is not 213sq ft as paper printed.
Guy paid $1.5 for property. And wants to build 10,000sq ft including parking for 3 cars and 5 apts.

Posted by: Petebklyn at July 13, 2006 10:53 AM in response to CB6 Tells Architect To Shove It

c'mon crouchback. Its a fluff opinion piece for DDDB not 'reporting'.
Matthew Schuerman has been long time critic of AY not a 'reporter'.
But granted that silly comments like Goldstein's get blown up in press and have nothing to do with the issue at hand. But calling NYT an organ of Ratner is also complete nonsense. You are just as guilty as others for
trying to discredit those with whom you disagree rather than keeping to the issues.

Posted by: Petebklyn at July 13, 2006 1:19 PM in response to Thursday Linkage

I saw 301 Baltic couple weeks ago. I think it is great. But it is not the elegant Victorian of most of Brownstone brooklyn. A bit older - from 1840's and takes someone into that simpler style. Plenty of original detail. I think quite a bargain. Yes, good use some redo - but certainly very livable as is. I did't see garden rental. Very quiet back even if street side not quietest. Very convenient location.

Posted by: Petebklyn at July 14, 2006 2:58 PM in response to Open House Picks

everything contextual and none of those shadow-producing high-rises. I thought that is everything a neighborhood should be.

Posted by: Petebklyn at July 19, 2006 10:35 AM in response to Wednesday Linkster

DC37 employees are fairly low paid and doubt very many could afford to move somewhere outside city and commute.
Lower rent apts are not more plentiful in Nassau.
Both the Sun and Manhattan Institute are pretty right-wing orgs.

Posted by: Petebklyn at July 20, 2006 2:04 PM in response to The DC 37 Contract's Affect on the Housing Market