Monthly Archives: April 2022

Aslan CEO on the benefits of higher mortgage rates

Apr 21, 2022 |

The HousingWire award spotlight series highlights the individuals who have been recognized through our Editors’ Choice Awards. Nominations for HousingWire’s Women of Influence award are now open through Friday, April 29, 2022. Click here to nominate someone you know — it can even be you! As interest rates continue to climb and mortgage applications decline, […more]

Robert Sullivan Quoted in Crain’s Chicago Business and Chicago Magazine

Apr 21, 2022 |

Michigan Avenue office’s Robert Sullivan is the listing agent for the Hyde Park home owned by Emily Barr, who ran ABC 7 and later the Graham Media group, and her husband Scott Kane. The couple commissioned the home from Scott Rappe of Kuklinski + Rappe Architects. The five bedroom, 6,100-square-feet residence is set on an […more]

Chef Daniel Boulud to open casual French restaurant Le Gratin at The Beekman

Apr 21, 2022 |

Courtesy of The Beekman Hotel Michelin-starred Chef Daniel Boulud is opening a new restaurant in one of New York City’s most iconic spaces. Located on the ground floor of the Beekman Hotel in the Financial District, Le Gratin will offer a casual dining experience inspired by the bistros of Boulud’s hometown, Lyon, France. The menu will feature classic […more]

Mortgage rates march higher, stoked by rising Treasury yields

Apr 21, 2022 |

What a difference a year makes. A year ago, you could find a 30-year fixed rate mortgage for under 3%. Today, it is over 5%. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average increased for the seventh week in a row, rising to 5.11% with an average 0.8 point. […more]

Amanda Seyfried Selling Enchanting Manhattan Condo for $3.25M

Apr 21, 2022 |

“The Dropout” star Amanda Seyfried is dropping her Greenwich Village condo. It’s on the market for $3.25 million.

The Insider: Narrow Gowanus Townhouse Reimagined With New Rear Extension, Stair

Apr 21, 2022 |

When a local couple bought a three-story brick row house for their family of four, it didn’t have much going for it. Besides being in a state of serious disrepair, it was tiny — just shy 15 feet wide and only 36 feet deep. “We looked at going up, going back,… Read More > The […more]

Purchase mortgage rates climb to 5.11%

Apr 21, 2022 |

After crossing the 5% threshold last week, mortgage rates have provided no indication that they’ll drop below that mark anytime soon. Rates are moving north for the seventh consecutive week, according to the latest Freddie Mac PMMS. Purchase mortgages this week averaged 5.11%, up 11 basis points from 5% a week ago. A year ago at this time, […more]

Pace of Existing Home Sales Drops Again, Inventory Ticking Up

Apr 21, 2022 |

Having dropped 7.2 percent in February, the seasonally adjusted pace of existing-home sales across the U.S. ticked down another 2.7 percent in March to an annual rate of 5.77 million sales and was down 4.5 percent on a year-over-year basis, according to the National Association of Realtors (NAR) and marking the eighth straight month with […more]

Sunset Park Holds ‘Day of Unity’ After Subway Shooting

Apr 21, 2022 |

Sunset Park elected officials, community members and faith leaders are leading an effort for healing in the community after last week’s horrific subway shooting, gathering to share mental health resources, honor those injured in the attack, and call for an end to violence. “I think it’s really important to first acknowledge… Read More > The […more]

Daily Links: Council Member OKs Atlantic Avenue Developments With Extra Affordable Housing

Apr 21, 2022 |

In the News Here’s What Changes When New York Raises Its Covid Risk Level [NYT] Eight Coney Island Orgs Will Receive Funds Raised From Polar Bear Plunge [BP] Two People Dead After Being Struck by 3 Train in Brownsville [AmNY] Bushwick Inlet Park Expands With a Parcel at 50 Kent Avenue [Greenpointers] North Brooklyn Angels… […more]