All in the Family [New York City] Emily T. Frick and Dr. Henry Clay Frick II, the grandson of the legendary steel magnate, have bought a co-op at 3 East 77th Street. The $3.9 million purchase comes eight months after the couple sold their 7,000-square-foot house in Alpine, N.J., for $58 million. How does one …
Category Archives: Property Sales
Boca firm trying to buy 30 properties from Sizeler [South Florida]
Boca firm trying to buy 30 properties from Sizeler [South Florida] Sizeler Property Investors Inc. is no stranger to bruising shareholder fights. Only last year, the Louisiana-based real estate investment trust with a West Palm Beach office jumped into the ring with dissidents looking for seats on its board. The new battle it faces is …
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Reaping a Profit, With the City’s Help [New York]
Reaping a Profit, With the City’s Help [New York] Soon after Lovelynn Gwinn moved into her three-story town house in West Harlem six years ago, she received a call from the F.B.I. telling her that a woman had been thrown or had fallen from a nearby building. That wasn’t the only bad news about her …
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Developer pays $15M for Flying Bridge site [South Florida]
Developer pays $15M for Flying Bridge site [South Florida] A luxury Naples home developer has bought the shuttered Flying Bridge Restaurant on Casey Key for $15.4 million, two months after a court ruling paved the way for redevelopment there. R&D Cos. tentative plans for the waterfront property at 482 Blackburn Point Road call for a …
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Elderly couple debates paying off $100,000 mortgage
Elderly couple debates paying off $100,000 mortgage Should money be used for emergency or low-rate loan? DEAR BOB: We have learned so much about real estate over many years from your articles. But now we need your advice. I am 72. My wife is 65. We have $160,000 in three-month T-bills. Should we use that …
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Bids on the block
Bids on the block In a shifting market, property auctions are catching on with owners who want a quick sale and buyers hoping to find a bargain: Shades of EBay. Fanned by EBay flames, it was bound to happen. As buyers have regained an upper hand and sellers have started to sweat, real estate auctions …