Author Archives: cbs2rem

Residential contract signings soar in August

Crain’s New York Business
A flurry of signings of sales contracts in the normally slack summer months is raising hopes for a recovery in the city’s beleaguered residential market.
Last month saw a 47% spike in the number of contracts signed for homes below $500,000 from severely depressed levels a year earlier, according to Streeteasy.com. Overall, there [...]

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Many Home Buyers Unaware Of Big Tax Credit

DENVER (CBS) ―First-time home buyers can get $8,000 when they purchase their home. Right now the offer is set to expire on Dec. 1, but there’s a new push to extend and expand the program.
More from http://wcbstv.com/

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NYC gets stimulus funds for affordable housing

Three developments in Harlem, one in Brooklyn will receive $60 million in federal money, Mayor Bloomberg and Gov. Paterson announced.
(AP) – Four new housing developments are going up in New York City, with the help of federal stimulus money.
Gov. David Paterson and Mayor Michael Bloomberg are announcing that three will be in Harlem and one [...]

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WCBSTV.com Presents a Buyers Guide to New York Real Estate

Date:
Wednesday, August 26th

Time:
6:00 pm – 8:00 pm EST

Location:
Cassa Sales Office
1140 Avenue of the Americas
Suite 202
New York, NY 10036 [Map]

Cost:
FREE

This informative event will show you How to buy New York real estate and How to find value in any market from a team of insiders. Buyers learn the secrets from the experts whom we have assembled [...]

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Money Watch: Home Sales Rising

Pending home sales rose in June for the fifth straight month. The number of homes that entered a contract to be bought jumped more than 3 and 1/2 percent.
http://wcbstv.com/video/?id=131047@wcbs.dayport.com

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Slow Real Estate, Soaring Buyers’ Opportunities

NEW YORK (CBS) ― The impact of the gloomy real estate market has made an impact in New York City, making both buyers and sellers cautious. However, there are affordable housing opportunities out there if you know where to look, and if you qualify, this could be a prime buying opportunity.
In Jamaica, Queens, the Guy [...]

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High Line Railway Undergoes ‘Green’ Transformation

NEW YORK (CBS) ― A dream came through Monday for activists and public officials who’ve worked for years to save the High Line Railway.
The old elevated rail track runs along Manhattan’s West Side, and it’s now getting a new look and a new life – as a park.
Sitting 30 feet above the ground, the park [...]

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Zip Code With A View

As if Chelsea and the Meatpacking District weren’t already the hottest zip codes in New York City, now residents have something more to crow about.
The High Line, ten years in the making, officially opened today. Those in the know though got a sneak peek yesterday when the High Line quietly opened for use.
A disused industrial [...]

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1 in 3 Buyers Come From The Internet

Old Media versus New Media. Its a battle that stirs up passionate debate but irrespective of whether you still like to curl up with a warm drink and peruse the newspaper or whether you prefer letting your fingers do the finding, when it comes to real estate, the stats show that more buyers are using [...]

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Building A Sustainable Future

Reducing our carbon footprint has become an important consideration in everything from the design of new cars to household products. In the past, little emphasis had been put on residential and commercial buildings and the amount of energy that power, heating and water consume each day.
This has changed in recent years with many developers [...]

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