News about properties and real estate
Notorious landlord dumping properties [South Florida]
Steven Green, who is known for the many code violations at his apartment complexes, has sold eight of them.
One of Tampa’s most notorious and shrewd landlords has been busy unloading many of his local properties.
In recent months, companies owned by New York real estate investor Steven Green, which have been cited for hundreds of health and safety violations, have sold eight Tampa apartment complexes for a total of nearly $100-million.
Condo Sales, With a Catch – New York Times
Imagine signing a contract to buy your very first apartment, a studio high above Herald Square in the heart of Manhattan, but at 25 percent below the usual market price. It was a dream that came true a few weeks ago for Daniel A. Montaña, a 27-year-old Web administrator for PricewaterhouseCoopers.
But Mr. Montaña’s dream came with a catch: he may never get to actually buy that apartment. The project is caught up in a legal struggle between the owners of the building and the sponsor firm they contracted with to convert it to condos, and some previous buyers have already backed out of their market-rate deals.
New owners want to raze Las Olas Riverfront, replace it with condos and shops [South Florida]
The new owners of Las Olas Riverfront — a $55 million bar-restaurant-movie complex on the river downtown — plan to demolish it.
Deerfield Beach-based Boca Developers Inc. is considering tearing it down and starting over, city officials confirmed. Executives with Boca Developers have declined to talk about their plans, which have not been submitted to the city for its required approval and could change.
Gut the house, not the relationship
A year into their marriage last August , Paula Soares and Brian Zink decided to buy a 100-year-old condo in East Cambridge that needed a little work. They figured they could save money by doing the repairs themselves.
But , as it goes with old houses in New England, home renovation can quickly become an archeological project. Zink soon was spending his nights and weekends stripping layers of crumbling wallpaper and generations of gluey linoleum.
America’s biggest housing bargains? [Chicago]
With the nation’s lowest median house price, the Danville area’s residents feel the pain of selling out
A four-bedroom, two-story house with fireplace on a tree-shaded street for $54,900?
A three-bedroom brick ranch, with attached garage, for $79,900?
They sound like real estate listings from the early 1970s, but these houses are for sale today in Vermilion County, 100 miles due south of Chicago.
Four developments with cheaper units OK’d [South Florida]
Claps. Whoops. Sighs. Smiling developers giving hardy handshakes and atta-boys to their lobbyists.
The Collier County Commission chambers hasn’t seen such relief in months.
Affordable housing won the day Tuesday as Collier commissioners ended a standoff with developers and granted their first rezoning approvals since February.