Archive for the ‘Real Estate’ Category

Real-Estate Rebound Buoys Underwater Mortgage Borrowers

Source: The Wall Street Journal As the real-estate market rebounds, many luxury homeowners who just a few years ago had their heads underwater are now only ankle deep. At the end of the first quarter, 20.6% of homes with jumbo mortgages were underwater, meaning the owners owed more on the mortgage than the home was [...]

John Catsimatidis’s Real-Estate Investments and the Mayoral Race

Source: WSJ Billionaire businessman John Catsimatidis is best known as the owner of 32 New York supermarkets and as a Republican mayoral hopeful who livens up often-sluggish candidate forums with a torrent of offbeat, off-the cuff policy prescriptions. But the owner of Red Apple Group and its Gristedes Foods subsidiary also is a quiet, long-term [...]

Wright’s New York Showroom, Now Just a Memory

Source: The New York Times A small landmark of New York City architectural and automotive history disappeared recently, almost without notice. The theatrical auto showroom designed by Frank Lloyd Wright at 430 Park Avenue, at 56th Street, had displayed a number of European brands over the years, notably Mercedes-Benz from 1957 to 2012. The space, [...]

2013 BEST REMODEL – Fine Homebuilding HOUSES Awards [Video]

Source: Fine Homebuilding Ross Levy and Karen Andersen of Levy Art & Architecture designed our BEST REMODEL of the year, a restoration and reinvention of this Edwardian San Francisco row house. The extensive remodel successfully bonds preservation with performance while maintaining a critical focus on the homeowners’ lifestyle. Few homes accomplish so much with such [...]