Edition: U.S. / Global

Thursday, October 18, 2012

Real Estate

U.S. Housing Starts Are Up 15% in September

Builders started construction on homes in September at the fastest rate since July 2008 and made plans to build even more homes in the coming months.

Market Ready

Would turning my unfinished basement into a proper room increase my home’s sales appeal?

Las Vegas Project Survives a Case of Bad Timing

The $8.5 billion CityCenter opened with much fanfare in the depths of the recession, but is only now benefiting from increasing numbers of visitors to the area.

The 30-Minute Interview

Michael Namer

A founder of Alfa Development/Management comes from a Cuban-American family that has been involved in the real estate business since the 1970s.

The Appraisal

As Prices Soar to Buy a Luxury Address, the Tax Bills Don’t

Because of an old law, the owners of many of New York’s highest-end apartments pay a far smaller percentage of the sales value than other condo and co-op owners do.

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A Risky Lifeline for the Elderly Is Costing Some Their Homes

Regulators are noting new abuses tied to reverse mortgages, which let people 62 and older borrow money against the value of their homes and not pay it back until they move out or die.

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Board to Buyer: Nah. Not at That Price.

Co-op boards are increasingly rejecting apartment buyers because they view selling prices as too low.

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The Hunt

Less Commuting, More Halloween Candy

A new business sent Tim Graham and Duval Hopkins Graham house-hunting in New Jersey.

Big Deal

In Miami, Wondering About a Bubble

Demand for expensive waterfront properties has the industry punch-drunk with enthusiasm. But how sustainable — and healthy — is this recent boomlet?

On the Market in New York City

A Chelsea duplex co-op, a Stuyvesant Square co-op and a Sunset Park co-op.

On the Market in the Region

A five-bedroom converted barn in Old Westbury, N.Y., and a four-bedroom Cape Cod-style house in Chatham, N.J.

Exclusive | 730 Park Avenue

A Newsman’s Muse

The dignified prewar duplex that belonged to Mike Wallace, the trailblazing broadcast journalist who died in April, has been put on the market at an asking price of $20 million

Living In | Murray Hill, Queens

Another Place Named for Those Murrays

The other Murray Hill neighborhood, the one next to downtown Flushing, has become home in the last decade to large numbers of new immigrants.

‘Downtown’ Feel Turns Up in Midtown

A primarily industrial area north of 34th Street and west of Eighth Avenue is turning into a comfortable residential neighborhood with a slightly downtown feel.

Debriefing

To Bricks and Mortar, Add Harmony and Luck

Buildings hire Judith Wendell, a feng shui practitioner, to help them appeal to Asian clients.

Streetscapes

Old Battle Ax Gets a Face-Lift

The exterior of the Seventh Regiment Armory, now often called the Park Avenue Armory, has just been renovated.

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Mortgages

V.A. Loans Surge in Fiscal Year

Mortgages guaranteed by the Department of Veterans Affairs surged by 50 percent as tighter credit standards made these programs all the more attractive to members of the military.

Q & A

Building requires pet deposit; limited rights for condo tenants; different rules for storage rental.

Slide Shows
On the Market in New York City

A Chelsea duplex co-op, a Stuyvesant Square co-op and a Sunset Park co-op.

On the Market in the Region

A five-bedroom converted barn in Old Westbury, N.Y., and a four-bedroom Cape Cod-style house in Chatham, N.J.

Living In | Murray Hill, Queens

The other Murray Hill neighborhood, the one next to downtown Flushing, has become home in the last decade to large numbers of new immigrants.

Homes for $608,000

Properties in Washington, Maine and Atlanta, Ga.

Residential Sales Around the Region

Information on recent sales in New York, New Jersey and Connecticut.

Manhattan Market Data

Data provided by Miller Samuel, Inc. Real Estate Appraisers & Consultants
3rd Quarter, 2012 by Zip

Parse the market by price and size.

  • Read "Matrix," a blog by Jonathan Miller
Calculator
Is It Better to Buy or Rent?

Compare the cost of renting and buying equivalent homes.

In the Garden

The Seeds They Carried

Children with tomatoes at the Nehemiah 10 garden.
Richard Perry/The New York Times

Children with tomatoes at the Nehemiah 10 garden.

East New York has become a biodiverse botanic garden filled with plants that feed its Caribbean immigrants.

In a Tiny Kitchen, Lots of Idea Room

Creative thinkers come up with three widely varied budgets.

Booming

The Breakup Bed

When a relationship goes south, and you’re in your 60s, you may find yourself searching for a new bed, one with dignity.

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Shopping With Mourad Lahlou

Spice Containers

The chef Mourad Lahlou looks for a place to store his spices.

Q&A;

The Vignellis, Benevolent Dictators of Design

A new documentary traces the couple’s influential partnership.

Shows

An Extended Celebration of a Lively Career

Four solo exhibits pay tribute to the furniture designer Wendell Castle’s older and more contemporary works.

Goods

Franco Doodle Dandy

The collection for Astier de Villatte includes ceramic platters, vases, boxes and a piggy bank.

Furniture

Second Act for a Cult Classic

The piece, created as a modern take on the traditional Mexican ladder-back dining chair, was a ’70s cult classic.

iPhone App

The New York Times Real Estate App

A recently updated, free app offering in-depth property search tools and mobile features to help you navigate the real estate market.

Vacation Rentals

Search over 80,000 vacation rental listings, from New York City to the Caribbean to Europe.

Featured Properties

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1463 Burnt Rock Way, Templeton

Enter through the gates of this stunning ...

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