Tuesday Links
M.T.A. Plans to Lay Off Subway Agents [NY Times] City Orders Reductions in Lengths of Parades [NY Times] Bringing a Rarity to Real Estate: Patience [NY Times] Whole Foods Confirms Gowanus Cleanup Has Begun [NY Post] $700M Program To Upgrade 150 Subway Stations [NY Daily News] Wonder Wheel at Coney Island Goes Green [NY Daily…

M.T.A. Plans to Lay Off Subway Agents [NY Times]
City Orders Reductions in Lengths of Parades [NY Times]
Bringing a Rarity to Real Estate: Patience [NY Times]
Whole Foods Confirms Gowanus Cleanup Has Begun [NY Post]
$700M Program To Upgrade 150 Subway Stations [NY Daily News]
Wonder Wheel at Coney Island Goes Green [NY Daily News]
Do or Buy in Bed-Stuy [NY Daily News]
Former Watchtower Building Now Occupied by Students [Brooklyn Eagle]
Van Leeuwen Goes From Truck to Storefront [Brooklyn Paper]
W’burg Finger Rising to 14 Stories [Curbed]
Photo by mattjiggins.
Yes the same confidence that made people with no money buy homes they could have not even rented now as a society we have to subsidize all this ignorance.
Broad, woodys. Lotta sanctioned fraud out there, government and corporate. It’s a confidence game. CONfidence.
***Bid half off peak comps***
I dont think you’re getting better sales from balance sheet games. Unless you meant balance sheet games in a particularly broad sense.
“Home prices in 20 US cities rose for seventh straight month.” – DIBS @ 9:01
Whoops! It seems there’s a problem with the S&P website and the Case-Shiller press release. Actually, prices have practically stayed flat (aggressive rounding) but technically declined as hannible has alluded to. Misfire and instant revision? NY, specifically, fared worse than the 20-city. It fell -0.7% MOM. Wait’ll June, the two month lag following April, the expiration date for EZ FHA financing (residual subprime fever). It’ll be interesting. If the index falls significantly before then, it’ll be REALLY interesting!
“Sears, target and Home Depot all reported better than expected sales and earnings today.” – DIBS @ 9:48
Balance sheet games.
***Bid half off peak comps***
Yes DitmasSnark but are there only 20 or 25 cities in the United States? I am being sarcastic with DIBS but there are what 1000,10,000 100,000? cities in the United States? and DIBS gets his panties tied in a knot for 20. WOW. Like telling the people on the Titanic don’t worry it is a “small leak” we are having.
Forgive me hannible- I forget the “good old days” 🙂
I agree with Bxgrl (no suprise) on the MTA. We may not need token booths as much as we used to, but we still need them. They are the first place people can go for help for a station emergency. Not everyone in NYC uses vending machines, especially older people, and people who need the kind of change the machines don’t dispense. Not everyone uses credit or debit cards, and sometimes the machines won’t accept cash. People often need directions, and as Bxgrl said, an unmanned station is more dangerous, especially at night. Let’s not throw out the baby with the bathwater. Token booths are still necessary.
BXGRL unmanned stations are so much better. We can go back to 70’s lifestyle. Brooklyn will become the slum it was during the 70’s. Oh by the way we go back to the low rent days of the past. at least we get something positive from the MTA.
> Home prices in 20 US cities rose for seventh straight month.
So says one article. While another reads:
“Home prices fall 0.2% in December, Case-Shiller says”