Laura Gruber, SVP Associate Broker
The Corcoran Group 1226 Madison Ave New York, NY 10128 212.360.1673 llg@corcoran.com
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15 Central Park West
MY FEATURED LISTINGS
CONTACT ME
Paula Novick,SVP Associate Broker
The Corcoran Group 1226 Madison Ave New York, NY 10128 212.360.1671 pln@corcoran.com
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CONTACT ME
Columbus Circle
Wondering What Your Home Is Worth?
LET US SHOW YOU!
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REAL ESTATE INDUSTRY NEWS:
MORE FORECLOSURES IN 2010 MEAN OPPORTUNITIES FOR
BARGAIN HUNTERS...
As housing experts continue to debate when or whether housing
will finally turn around for good in 2010, the one thing most agree
upon is that foreclosures will continue or even outpace last year.
And that will mean more opportunities for bargain hunters.
- CNBC/Jan. 2010
HOUSING MOMENTUM BUILDS BUT PERILS PERSIST....
Low inventories Spark Bidding Wars in Some Neighborhoods, but
job and mortgage woes threaten New Foreclosure Wave.
- Wall Street Journal/Jan. 2010
NEW YORK REAL ESTATE MARKET REPORT...
Data suggest that the coming year will be one of economic
stabilization, though not recovery.
- The Epoch Times/Jan. 2010
REAL ESTATE HISTORY...
SOME INTERESTING TIDBITS:
1974: NATION’S LARGEST FEDERAL-SUPPORTED HOUSING
PROJECT OPENS
Starrett City, the nation’s largest federally subsidized housing
project, was dedicated 35 years ago October 1974 in the Canarsie
neighborhood of Brooklyn.
Starrett City was built as part of the middle-class Mitchell-Lama
housing program and received federal, state and local subsidies in
exchange for regulating rents and capping the owner’s annual
return at 6%.
In July of this year, Albany approved a refinancing of the owner’s
$240 million mortgage, which could yield as much as $400 million
or $500 million.
1960: PAN AM SIGNS CITY'S LARGEST LEASE AT 200 PARK
AVENUE
1938: REBNY TIGHTENS APPRAISAL STANDARDS
1922: STATE’S FIRST REAL ESTATE BROKER’S LICENSE LAW
TAKES EFFECT
The first law in New York state requiring a license to practice as a
real estate broker or salesperson went into effect 87 years ago this
month, bringing tighter regulation to an industry with scant oversight.
The law, which took effect Oct. 1, required all individuals and
corporations that buy, sell or lease property for a fee to be licensed.
“Under the present loose system, real estate men complain (that) a
host of so-called real estate brokers have no other office than their
hats,” the New York Times reported the year before the law went into
effect.
The law was supported by the Real Estate Board of New York, the
state Association of Real Estate Boards and other industry groups.
The Law allowed for the revocation of a license if accusations of
misrepresentation, fraud or incompetence were sustained by the
state Tax Commission, which first administered the law. Within a
few years, the Department of State took over management of the law.
The license was good for one year and cost a broker $25 and a
salesperson $5. Today, there are 57,620 licensed brokers and
61,262 licensed salespeople in New York, according to the
Department of State.
1912: ASSEMBLAGE COMPLETE FOR CITY’S LARGEST HOTEL
When the $10million, 2,200-room Hotel Pennsylvania at 401
Seventh Avenue opened in January 1919, it was the largest hotel in
New York City.
FOUR THINGS NOT TO FORGET ON MOVING
DAY:
The excitement of a new home – a new life – a fresh start.
Interview a few moving companies and get quotes from all.
When the dreaded day comes....keep a pad handy and count all the
boxes moving out. Make sure all of your boxes are properly marked
if you are doing the packing or if the movers are doing the packing.
Make sure everything is loaded onto the van.
Before saying goodbye for the last time...do a thorough walk through
of the property. If you are having new owners moving in, make sure
you leave the kitchen clean, clean out the refrigerator, and leave your
home in broom clean condition.
"This website is not the official website of The Corcoran Group or its
affiliated companies, and neither The Corcoran Group nor its affiliated
companies in any way warrant the accuracy of any information
contained herein. Any product and/or services offered for sale on the
website shall not be considered an offer to sell such goods and/or
services in any state other than New York".
15 Central Park West
Upper East Side
480 Park Avenue
12 Beekman Place
Beekman
Price Reduced Best Deal on Beekman!
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181 East 90th Street
433 East 51st Street
Beekman
Upper East Side
181 East 90th Street
100 U. N. Plaza
Carnegie Hill
1755 York Avenue
United Nations Plaza
181 East 90th Street
Carnegie Hill
181 East 90th Street
100 U. N. Plaza
181 East 90th Street
Upper West Side
"Welcome to Our Website!"
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Laura Gruber
Senior Vice President
Associate Broker
Paula Novick
Senior Vice President
Associate Broker