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.
Home Prices Fall In December but Annual Slide Slows
Published: Tuesday, 23 Feb 2010 | 10:07 AM ET Text Size By: Reuters
U.S. home prices unexpectedly slipped in December but the annual rate of decline slowed, reinforcing the housing market’s rocky road to recovery, Standard & Poor’s/Case-Shiller indexes showed on Tuesday.
Photo by:Seven_Null7
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The S&P composite index of home prices in 20 metropolitan areas declined 0.2 percent in December, matching the dip in November, for a 3.1 percent annual drop.
A Reuters survey had forecast that prices would be unchanged for the month and down 3.2 percent annually following a 5.3 percent annual drop in November.
The S&P/Case-Shiller U.S. national home price index, which covers all nine census divisions, fell 2.5 percent in the fourth quarter from the same time a year earlier.
But this is not important for you DIBS your job is to make home prices go back up so you can dump the overpriced junk you bought. We know you want to sell at a profit or else that would make you feel sour and dumb.
Oh and I don’t know if you caught my late-night comment the other day, but I’ve been drooling over those Gavin Youn Maloney interiors. Incredible!
DIBS, that Home Depot upswing was due to me and Steve.
Re subway stations, gotta agree unmanned stations create a dangerously permissive atmosphere that encourages crime.
And I’d also like to add, unmanned subway stations are dangerous. It won’t be happening in your Manhattan stations- heaven forfend. But you will see the brunt of it in Brooklyn, the Bronx and Queens. I hope the union gives the MTA hell (an d I don’t even like unions.)
Laying off rank nd file workers while overpaid and overstuffed management carries on? And lets not forget the favors they hand out- from free ez passes to giving away the railyard air rights to Ratner. This is nothing to do with the union and everything to do with mismanagement, favoritism and greed on the part of the MTA.
Unfortunately the markets are not impressed…
hannible, do you have any facts you’d care to share with us????
Sears, target and Home Depot all reported better than expected sales and earnings today.
Keep that head buried in the sand.
“Home prices in 20 US cities rose for seventh straight month.” Hurray lets get out the champagne and cool aid DIBS!
The token clerks have been replaced by metrocard vending machines, and are now obsolete.
Why should we pay their salaries (and super-generous pensions) when we have cheaper, better ways of accomplishing the same thing?
Painful as it is, that’s progress — we don’t use steam engines or elevator operators any more either.