Friday Links
Cyclone. Photo by brit2slim. HPD Employee Busted for Taking Bribes [NY Times] Feds May Take Over Fannie and Freddie [NY Times] Brooklyn Home Sales Take a Beating [NY Post] Con Ed Bills to Rise More Than 20% [NY Daily News] NYC Falls in Yuppie Rankings [NY Daily News] Brooklyn So Close, So Far for Nets…
Cyclone. Photo by brit2slim.
HPD Employee Busted for Taking Bribes [NY Times]
Feds May Take Over Fannie and Freddie [NY Times]
Brooklyn Home Sales Take a Beating [NY Post]
Con Ed Bills to Rise More Than 20% [NY Daily News]
NYC Falls in Yuppie Rankings [NY Daily News]
Brooklyn So Close, So Far for Nets [Sporting News]
Parking Holiday Ends in Slope, Starts in BoCoCa [BP]
NYC Places 2nd in Tap Water Contest [Gothamist]
Soaking Up The Brooklyn Flea [Elaine Perlov]
2:56 is incorrect
Cyclone Photo = Brownstone/Apt Price Metaphor
My rent is paid in full.
12:53 is correct
Who cares about the rankings. Only a few years ago Las Vegas was the place to be as it’s expansion was unstoppable. Now look at it. It’s longevity and consistency that counts and NYC will always be there for that. So those that believe they magazine articles and base their life on it….. Well.
” thought wall street had no effect on bklyn RE. dumbasses. this is gonna be fun”
No it will be a nightmare. I hope the Asshats realize how bad the Fannie and Freddie situation is. We are f—ed….
Here is something for all the dumbasses who believe the US Government is going to backstop Fannie and Freddie..
Fannie’s Fiction: No U.S. Guarantee
http://dealbook.blogs.nytimes.com/2008/07/11/fannies-fiction-no-us-guarantee/
The New York Times reported Friday that senior officials from the Bush administration have considered calling for legislation that would offer an explicit government guarantee on the $5 trillion of debt owned or guaranteed by Fannie Mae and Freddie Mac, another government-sponsored mortgage finance company that is in trouble.
But one reason that they didn’t was because such a law was expected to have little effect: The markets already assumed the guarantee was there.
Yep ASSume on. This is first shockwave to the Mutant Real Estate Bubble and there is no “upside” Welcome to Mad Max!
The What (I told you)
Someday this war is gonna end..
“This is definitely not good,” said a local broker who requested anonymity. “The phones have just about stopped ringing.”
ever ride that ride at six flags that just drops you straight down? where are all those creatives making 6 figures? why aren’t they stepping in? i thought wall street had no effect on bklyn RE. dumbasses. this is gonna be fun.
So were some of the Section 8 vouchers to Rangel?
“Nobody is ignoring their accomplishments ”
They are ignoring it, and have done so continually. Ask any of the underclass at the PJs. They won’t even know who you are talking about. I know from experience.
“I don’t get the fuss about a black president when we’ve already had a black secretary of defense and a black secretary of state (the most powerful woman in the world in reality). Its like Powell and Rice never existed.”
Okay 10:53, I know that you are not that dunb. Ask Powell or Rice what the difference is between being Secretary of State or Secretary of Defense and being President. Nobody is ignoring their accomplishments but the term UPWARDLY mobile would make President the next logical step and having a Black one would cause a “fuss” considering the history of race relations in this country.
You are really not that dumb? Are You 10:53?