The First-Quarter Manhattan Housing Market Reports

 

 

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By Tom Acitelli

April 6, 2009 | 11:00 a.m.

The Corcoran Group-PropertyShark report here (PDF). Approximately 60 percent annual drop in sales.

The Prudential Douglas Elliman-Miller Samuel report here (PDF). Median re-sale price drops over 20 percent annually.

The Halstead Property-Brown Harris Stevens report here (PDF). An 87 percent annual drop in closings over $10 million.

The StreetEasy report here (PDF). Number of closings drops over 47 percent quarterly.

Loss of MTA routes would isolate 4 neighborhoods – study

clipped from www.nydailynews.com Loss of MTA routes would isolate 4 neighborhoods – study BY Pete Donohue DAILY NEWS STAFF WRITER Some bus riders would be stranded by bus cuts leaving them up to 2 miles from the nearest mass transit option, according to an MTA study. Residents in four areas on the city’s border face the longest treks if the Metropolitan Transportation Authority’s array of doomsday service cuts go into effect: the far West Side of Manhattan; Gerritsen Beach, Brooklyn; Woodlawn, the Bronx, and Oakwood Beach, Staten Island, according to an impact study done in connection with the authority’s planned service cuts.

<a href=”mailtodonohue@nydailynews.com”>pdonohue@nydailynews.com

NY Considers Joining Powerball

clipped from gothamist.com NY Considers Joining Powerball NY State Lottery officials are hoping to join the big 32-state lottery, Powerball, in hopes of generating more state revenue. Right now, Powerball is available only in neighboring states like Connecticut and Pennsylvania, so when there’s a big jackpot, New Yorkers head out of state to buy tickets State Senator Frank Padavan (R-Queens) said another lottery game is a terrible idea, snarking, “Given they are already costing the average family another $4,000 and $5,000 a year, it seems reasonable for them to figure out another way to pull money out of the back pockets of the people who can least afford it.“

Harlem is Losing a Bit of Its $Oul

clipped from www.topix.net Harlem is Losing a Bit of Its $Oul Dreams of a Harlem renaissance have been deferred. At least 14 projects along 10 blocks of 125th Street have been delayed, mothballed, killed or downgraded as a much-heralded development boom fails to materialize on uptown’s iconic main street. Read full story from New York Post

AMOS, ANDY & CNNa s D.L. HUGHLEY

clipped from www.topix.com AMOS, ANDY & CNNa s D.L. HUGHLEY On October 25th of this past year, just days before the most important election of our time, CNN débuted the D.L. Hughley “Breaks The News” segment which portrayed African-Americans as people you should certainly not entrust with the Presidency. The show left hundreds of thousands of viewers hurt and outraged wondering why CNN or D.L. Hughley for that matter, with a staff of highly educated writers and producers would even allow offensive and degrading images into our living rooms. The question is simple enough and so is the answer, money, money, money. Read full story from www.blackstarnews.com