Peconic Real Estate News
Real Estate news for Peconic, NY continually updated from thousands of sources.
Monday Apr 10 | via Long Island Business News
The priciest Suffolk condo sold in March was a 2-bedroom, 2-bath unit in The Greens at 111 Madeira Blvd. in Melville that sold for $1.255 million in cash. It was listed by Marygrace Foti of Long Island Professional Realty and sold by Barbara Bucovetsky of Douglas Elliman Real Estate. Comment?
Thursday Apr 6 | via LongIsland.com
As Washington, D.C. Begins Federal Tax Reform Push, Latest Pronouncements to Include Repeal or Cap Itemized Deductions for Mortgage Interest, State and Local Taxes Raise Major Concerns. Suffolk County Executive Steve Bellone today joined with county legislators and local business leaders to call on the Federal Administration to withdraw proposals that would eliminate itemized deductions on federal tax returns. Comment?
Wednesday Apr 5 | via Newsday
If you used an Optimum login , click the Connect Account button to use your Optimum login info to manage your Newsday subscription account. If you used a Newsday login , it looks like it's not connected to an active subscriber account. Comment?
Monday Mar 27 | via New York Daily News
Gov. Cuomo on Monday threw cold water on Mayor de Blasio's hopes of enacting a new " mansion tax " on high-priced home sales in the city. "That proposal was made in January...it never went anywhere in January and it hasn't gone anywhere since," Cuomo said during an interview on NY1. Comment?
Mar 23, 2017 | via Farmington Daily Times
San Juan County in top 10 for population decline The report ranks the county at number eight in the country for population decline, but home sales have increased Check out this story on Daily-Times.com: Nancy Eaves, an agent with Dimmick Realty, places a sign on a house located on North Wall Avenue in Farmington Thursday after a sale. FARMINGTON - San Juan County is among the top 10 counties in the country for population decline, according to a U.S. Census Bureau report released Wednesday, but that news was tempered by reports indicating that home sales in the county are on the rise. Comment?
Sunday | via Albany Times Union
In this Feb. 1, 2017, photo, Raymond Murray gets a visit from his lawyer, Robert Seewald, right, at his home in New York. Murray is the victim of deed theft, a foreclosure fraud where older people are mostly the target. Comment?
Saturday | via Texarkana Gazette
Bernard Youngblood, Wayne County Register of Deeds, poses with an old deed registry book in Detroit, Wednesday, April 19, 2017. Youngblood recounted a case in his office, when a man came to file a quitclaim deed transferring ownership on a property. Comment?
Friday Apr 21 | via The Real Deal
Investors Brad Reiss and John Yoon are facing foreclosure on their troubled Mansfield Hotel in Midtown, which has been bleeding cash for more than a year as they negotiated to sell it at an asking price of $65 million. Wells Fargo, the trustee on the $20 million loan that Reiss and Yoon's Ark Partners secured in 2006 as they overhauled the century-old hotel at 12 West 44th Street, is working through foreclosure proceedings with the developers in Manhattan State Supreme Court, public records show. Comment?
Sunday Apr 16 | via The Age
The short-term rental company became a Federal Trade Commission target after three senators asked for an investigation into how companies like Airbnb affect soaring housing costs. In October, Governor Andrew Cuomo of New York signed a bill imposing steep fines on Airbnb hosts who break local housing rules. Comment?
Thursday Apr 13 | via Silicon Alley Insider
Once enticing New Yorkers with their cheaper rents and mortgages, the outer boroughs of Brooklyn and Queens have set record sales prices during the first quarter of the year. As reported by Crain's , Brooklyn had a record-setting median sale price of $770,000, more than 16 percent higher than last year. Comment?
9 min ago | via Reuters
British bank Virgin Money Holdings Plc reaffirmed its 2017 guidance as it posted lower gross mortgage lending for the first three months of the year, noting strong competition in parts of the mortgage market. Gross mortgage lending fell 4.8 percent to 2 billion pounds for the three months ended March 31. However, Virgin Money's share of the UK mortgage market held at 3.4 percent. Comment?
11 min ago | via Reuters
Britain's FTSE 100 index is seen opening up 18 points on Tuesday, according to financial bookmakers, with futures up 0.2 percent ahead of the cash market open. * WHITBREAD: Britain's Whitbread Plc, which runs the Costa Coffee chain and Premier Inn hotels, said it expected the consumer environment to deteriorate next year. Comment?
12 min ago | via Independent.ie
Long-term renters should look at ways in which they can financially protect themselves, similar to mortgage holders, a leading insurance company has said. Long-term renters should look at ways in which they can financially protect themselves, similar to mortgage holders, a leading insurance company has said. Comment?
13 min ago | via GlobeSt.com
Condominium pricing index surged 10% last month compared to the previous month, and the recent increase has nearly erased the slowdown during the past year, while new construction is nearly triple the performance of March 2016. Get alerted any time new stories match your search criteria. Comment?
14 min ago | via Xinhuanet
Chinese property developers enjoyed a bumper year in 2016 due to strong sales and easing monetary policies, and a strong start this year continued to bode well for the industry despite rising uncertainties. The 96 property firms that have released annual reports showed that their combined business revenue was 908.1 billion yuan in 2016 , up 28.5 percent year on year, according to a report by Xinhua-run Economic Information Daily, which cited data from leading real estate agency Centaline Property. Comment?
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