Monday Links
Ditmas Dolphin, Ocean Parkway. Photo by urch. A Business Grows and a Family Follows [NY Times] Ripples From the Subprime Storm [NY Times] Inheritance Rights Under Rent Control [NY Times] Building Owners Sit Still for Tax Wallop [NY Post] No Love from City Officials for Sitt [NY Post] 91,000 NY’ers May Lose Their Homes [NY…
Ditmas Dolphin, Ocean Parkway. Photo by urch.
A Business Grows and a Family Follows [NY Times]
Ripples From the Subprime Storm [NY Times]
Inheritance Rights Under Rent Control [NY Times]
Building Owners Sit Still for Tax Wallop [NY Post]
No Love from City Officials for Sitt [NY Post]
91,000 NY’ers May Lose Their Homes [NY Post]
New Gripe Against Barclay’s [Brooklyn Paper]
Preserving Demolished Dutch Mustard [Curbed]
Myrtle Avenue Rising [Bed Stuy Blog]
Minsky’d All Over So. Portland Co-op [Set Speed]
J Condo Views from the 32nd Floor [Dumbo NYC]
bed-stuy north blog–yipee!
Maybe I’m not smart enough to understand that why people like him having been living in the house in Ozone Park for 35 years and still had 368K mortgage before refinance??? Any house in Ozone Park cost over 350K in 35 years ago??? Am I missing something…?
Ok, that NY Post article about predatory lending practices: I think that’s been a lot more widespread than has so far been reported. I’m not sure how you could blame the elderly man who refinanced his home for getting into that mess. The broker received $21,000 and the old man is losing his house? How is that not predatory?
And I love how the NY Times article on the subprime disaster doesn’t offer any solutions to subprime borrowers who are in trouble except to refinance with an interest only loan!! Isn’t that how we got into this mess in the first place? What insanity.