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 …

Developer’s record marred by missteps [South Florida]

Developer’s record marred by missteps [South Florida] The developer who promised a biotech park in Liberty City has a record of foreclosures, defaulted loans and a bankruptcy. Dennis Stackhouse stood before the Miami-Dade County Commission, hoisting a map of Kendall Square, the Cambridge, Mass., neighborhood that is widely considered a Silicon Valley of the biotech …

Spouse has questions about living trust

Spouse has questions about living trust DEAR BOB: Our house is owned under my living-trust name. If I survive my husband, will the basis for the house be stepped up to market value as of the date of his death? Should I add my husband’s living trust to the deed? –Eliza W. DEAR ELIZA: If …

Attorneys in foreclosure case return to court [Baltimore]

Attorneys in foreclosure case return to court [Baltimore] Lawyers for Kwaku Atta Poku, a Columbia taxi owner who lost his townhouse to foreclosure and eviction through no fault of his own, are back in court seeking help for him. They asked the Maryland Court of Appeals to rule whether it was right for the Court …

The year’s hot investment? Apartment buildings [The Twin Cities]

The year’s hot investment? Apartment buildings [The Twin Cities] Flat-roofed and 50 years old, Centennial Gardens in Roseville is a sturdy 190-unit apartment building in need of a facelift – not a show stopper. Nonetheless, the brick complex attracted 12 written offers when it hit the market in April and is scheduled to close in …

Puig’s bankruptcy may be one of many more to come [South Florida]

Puig’s bankruptcy may be one of many more to come [South Florida] Condo converter Puig Inc. is a casualty of the housing downturn. Some think the Hialeah company’s bankruptcy may be one of many more to come. Since South Florida’s raucous real estate party ended, the hangover has taken different forms — sales plunging, foreclosures …