Monthly Archives: July 2022

This year’s ‘Summer Streets’ will extend car-free blocks to East Harlem for the first time

Jul 26, 2022 |

Summer Streets 2019. Photo credit: New York City Department of Transportation on Flickr New York City’s annual “Summer Streets” program, which closes several miles of streets in Manhattan to cars, will expand to East Harlem this year for the first time ever. Mayor Eric Adams and Department of Transportation Commissioner Ydanis Rodriguez announced last week […more]

Case-Shiller report shows home-price increases moderating

Jul 26, 2022 |

Home-price growth nationwide downshifted further in May, posting a 19.7% annual gain, compared with a 20.6% increase in March and a 20.4% jump in April, the latest S&P CoreLogic Case-Shiller Home Price Indices report shows. The report’s 10-City Composite Index recorded an annual increase of 19%, down from 19.6% the prior month. The 20-City Composite Index posted […more]

Property Alert – Newly Renovated & New Build Homes Available NOW

Jul 26, 2022 |

Check out our most up-to-date selection of properties available for investors to purchase NOW! 

New Wave sues Sprout for defaulting on $32M purchase of mortgages

Jul 26, 2022 |

California-based wholesale/correspondent lender New Wave Lending Group filed a lawsuit against Sprout Mortgage, accusing the company of defaulting on a pool of $32 million in loans it agreed to purchase.  Sprout has been sued by former employees, vendors and business partners since it shut down its operations in early July, laying off its entire staff […more]

See inside José Andrés’ Mediterranean restaurant Zaytinya, now open at NYC’s new Ritz-Carlton hotel

Jul 26, 2022 |

Photo credit: Jason Varney José Andrés’ ThinkFoodGroup on Tuesday opened Zaytinya, a new restaurant and hotel in-room dining option at The Ritz-Carlton New York, Nomad. The restaurant features a mezze menu inspired by Turkish, Greek, and Lebanese cuisines in a 140-seat street-level restaurant with a mod-meets Mediterranean interior design courtesy of David Rockwell’s Rockwell Group. The Nomad location will be the second for Zaytinya, which […more]

Guild Mortgage loan program replaces credit score review with payment history

Jul 26, 2022 |

Guild Mortgage rolled out a new program, aimed at first-time homebuyers, which will accept rental payment records and residual income history in place of credit scores. If the borrowers’ report from financial tech company FormFree, which provides the rental payment history and residual income analysis, shows consistent payment records, the borrowers may qualify to receive […more]

Index for Bay Area House Values Inches Up, YOY Gains Drop

Jul 26, 2022 |

Having ticked up 2.2 percent in April, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area – which includes the East Bay, North Bay and Peninsula – inched up 0.9 percent in May for a year-over-year gain of 20.9 percent, which was down from a year-over-year gain of 22.9 […more]

$4.5M Chelsea penthouse co-op has a private roof garden with a dining pavilion and skyline views

Jul 26, 2022 |

Photos courtesy of Brown Harris Stevens Atop a 1909 former button factory building at 139 West 19th Street in Chelsea, this penthouse co-op, asking $4,498,000, features traditional loft architecture with the rare luxury of a 1,600 square foot private landscaped urban garden. The rooftop space is as perfect for outdoor entertaining on a grand scale as it is for enjoying a quiet sunset. The home’s pre-war architecture is enhanced […more]

The Doris Jacobs Team is Back at Allie Beth Allman (Because She Never Really Left)

Jul 26, 2022 |

Doris Jacobs, Allie Beth Allman, and Carol McBride This says so much about the Dallas real estate scene and the razor-sharp competition between brokers for tip-top producing agents that brokers don’t just fawn over — they recruit, pursue, and hound, offering gigantic marketing budgets, hefty splits, trips to wealthy enclaves, and connections to some of […more]

RAMSA’s 200 East 83rd Street Approaches Completion on Manhattan’s Upper East Side

Jul 26, 2022 |

Exterior work is wrapping up on 200 East 83rd Street, a 35-story residential tower in the Yorkville section of Manhattan’s Upper East Side. Designed by Robert A.M. Stern Architects and developed by Naftali Group and Rockefeller Group, the 449-foot-tall structure will yield 205,877 square feet and 86 units with sales and marketing underway by Compass, as well as 3,033 square […more]