Fast-tracking mortgage payments Making biweekly mortgage payments instead of monthly shaves years off the life of the loan and saves thousands of dollars in the long run. But is it the best idea? Maybe not always. And maybe not for everyone. I wondered: Could this be possible? The direct-mail solicitation claimed that we could shave …
Category Archives: Real Estate
Photographer Testino To Buy NYC Condo
Photographer Testino To Buy NYC Condo Fashion photographer Mario Testino has signed a contract on a New York City condominium for close to $6.3 million, the asking price. [Mario Testino] Mr. Testino’s roughly 2,600-square-foot apartment is in 40 Bond, a soon-to-be completed downtown-Manhattan project of hotelier and developer Ian Schrager. Mr. Testino, who’s based in …
Palmetto subdivision homeowners surprised by blanket lien [South Florida]
Palmetto subdivision homeowners surprised by blanket lien [South Florida] Real estate push has come to foreclosure shove in Palmetto. Roughly 200 individual property owners are finding themselves in the first step of a foreclosure because of a legal tussle between well-known Palmetto builder deMorgan Communities and the company that did roads, utilities, sewers and drainage …
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A deal not even a mom could love
Business: A deal not even a mom could love Two years ago, Jason Gabay hired an architect to work on his waterfront home in Belleair. Now his widowed mother is out $500,000. Confused? The sordid tale is laid out in a recent lawsuit. Largo architect Steve Spencer began drafting designs in 2005, Gabay alleges. Shortly …
The Second Battle of Bushwick [New York]
The Second Battle of Bushwick [New York] From the top of the spanking new steel-and-glass 14-story condo tower now open for inspection on Grove Street just off of Myrtle Avenue, you can see most of Bushwick—the landmarks of the neighborhood that was, and the one that’s fast being remade, the sites of the bad old …
Owners don’t see paying taxes as a priority
Owners don’t see paying taxes as a priority Charlotte, Manatee and Sarasota counties saw a sharp spike in the number of landowners failing to pay their property taxes this year, another sign of a sagging real estate market and struggling economy. The number of parcels with delinquent taxes soared more than 70 percent in Sarasota …
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