Monday Links
White House Urges Calm on Foreclosures [NY Times] 5 Officers Face Charges in Fudging of Statistics [NY Times] Bedbugs Chomp Their Way Into the Fine Print [NY Times] Signs of Recovery in Brooklyn Housing [NY Times] Free Roaming Yeast, Brooklyn Bred [City Room] Chem-spill School Panic in Bensonhurst [NY Post] Brooklyn Developer Admits $92M Fraud…
White House Urges Calm on Foreclosures [NY Times]
5 Officers Face Charges in Fudging of Statistics [NY Times]
Bedbugs Chomp Their Way Into the Fine Print [NY Times]
Signs of Recovery in Brooklyn Housing [NY Times]
Free Roaming Yeast, Brooklyn Bred [City Room]
Chem-spill School Panic in Bensonhurst [NY Post]
Brooklyn Developer Admits $92M Fraud [NY Post]
Sheepshead Bay Residents to Fight Mosque [NY Daily News]
Bay Ridge Residents Fume Over Deserted Vermin Pad [NY Daily News]
Audit: Vito Lopez’s Math Didn’t Add Up [NY Daily News]
Williamsburg Trades Cool for Faux Cool [The Observer]
Millmen Allows Church Parking on Henry St Bike Lane [Brooklyn Paper]
Williamsburg Artists Evicted on Crackdown of Illegal Building [Brooklyn Paper]
Sheepshead Bay Islamic Center is Denied Permit [Brooklyn Paper]
City Moves Forward With Cool Roofs Project [Brooklyn Eagle]
Tip Sheet on Foreclosure Mess [The Real Deal]
Clinton Hill Condo Asking $549,000 [Curbed]
Sorry, BHO, it’s your Haiku that’s bankrupt, not Brooklyn real estate.
“People put property on the market when they think they can make a sale; they withdraw them when sales are down.”
Dormant. Shadow. Trick Candles.
***Bid half off peak comps***
Note that in the Brooklyn report, inventory has increased along with the number of sales, prices, and sales velocity.
I’ve noticed this too. People put property on the market when they think they can make a sale; they withdraw them when sales are down.
Kind of the opposite of the conventional wisdom about market forces and supply and demand.
Observer says Freeman’s is opening on South 2nd St. Yuck.