Monthly Archives: July 2022

This Home-Renovation Show Wants to Get You Into Bed

Jul 15, 2022 |

The new Netflix series “How to Build a Sex Room” doesn’t just indulge fantasies. It helps people rediscover some intimacy in their homes.

A Newburgh Italianate With Curb Appeal and Studio Space, Yours for $800K

Jul 15, 2022 |

In the architecturally rich city of Newburgh, this circa 1860s brick dwelling certainly has curb appeal, a spacious interior and comes with the bonus of a separate studio space. The house on the market is located at 225 Montgomery Street and the scenic street is home to many a picturesque… Read More > The post […more]

Specter of an Even Bigger Rate Hike Looms

Jul 15, 2022 |

Having dropped half a percentage point from its 13-year high of 5.81 percent last month, driven by increasing concerns of a recession and hard landing, the average rate for a benchmark 30-year mortgage has since ticked back up 21 basis points (0.21 percentage points) to 5.51 percent, which is 263 basis points and 91 percent […more]

Opinion: Trusting your data is key to taming origination costs

Jul 15, 2022 |

One statistic in the Mortgage Bankers Association’s latest quarterly Mortgage Bankers Performance Report sticks out for all of the wrong reasons. In the first quarter of 2022, the average cost to originate a mortgage for an independent mortgage bank was more than $10,000 per loan, rising for the seventh consecutive quarter and breaking previous report […more]

Ashanti Selling Her Lovely Long Island Mansion for $2.2M

Jul 15, 2022 |

Ashanti is selling her six-bedroom home in Old Westbury, NY. The “Foolish” singer is asking $2.2 million for the stately brick Colonial.

This $35M Old Greenwich custom waterfront estate has a boathouse and a deep-water pier

Jul 15, 2022 |

Photo credit: Houlihan Lawrence For $35 million, you can own 13,428 square feet of lavish waterfront living, with open water views of Long Island Sound from nearly every room. In addition to over 200 feet of water frontage, this custom-built eight-bedroom home at 45 Binney Lane in the Old Greenwich, Connecticut community comes with a boathouse and deep-water […more]

Brooklyn Pols Threaten Pacific Park Developer With $10 Million Fine Over ‘Broken’ Promise

Jul 15, 2022 |

Brooklyn pols and advocates are urging the state to collect on a $10 million debt they claim is owed by Greenland Forest City Partners, the developer of Pacific Park, over a missing “urban room” community space promised as part of the massive Brooklyn real estate development. Elected officials repping the brownstone… Read More > The […more]

Daily Links: Poetry Workshop Replaces Area Yoga in Brooklyn Heights Brownstone Parlor

Jul 15, 2022 |

In the News He Wanted a New Condo for Less Than $1 Million. These Were His Options [NYT] Phoebe Robinson Is Trash, and She’s Fine With It [NYT] Brooklynite Katy Tur, Award-Winning Writer, Tells Her Own Story [Eagle] Greenlight Bookstore’s Where’s Waldo Hunt Is Back Through July 31 [BK Paper] On a Bushwick Warehouse, Oscar… […more]

Construction Resumes on Extell’s 50 West 66th Street Skyscraper on Manhattan’s Upper West Side

Jul 15, 2022 |

Construction has resumed on 50 West 66th Street, a 69-story, 775-foot-tall residential skyscraper on Manhattan’s Upper West Side. Designed by Snøhetta and developed by Extell Development Company, the tower will yield 127 condominium units and claim the title of the tallest building north of 59th Street. YIMBY last reported that global investment entity Tennor Holding B.V. will […more]

Renderings Reveal 15-Story Mixed-Use Rental Tower at 50 Sussex Avenue in Newark, New Jersey

Jul 15, 2022 |

Renderings have been revealed for 50 Sussex Avenue, a 15-story building in Newark, New Jersey. Designed by 50 Sussex Avenue and developed by Tona Development, which won approvals to construct the project in 2021, the 150-foot-tall structure will yield 203 rental units and 2,000 square feet of commercial space. Available apartments will range from studio […more]