Joomla! site syndication http://www.summitgrandparc.com Wed, 10 Mar 2010 04:43:27 +0100 FeedCreator 1.7.2 http://www.summitgrandparc.com/images/M_images/joomla_rss.png http://www.summitgrandparc.com Joomla! site syndication http://www.summitgrandparc.com/real-estate/taxes-and-commercial-real-estate-activity-in-ny.html Today's NY Sun has an interesting article sure to reinvigorate the timeless intellectual arm wrestling about whether booms and busts in real estate are primarily driven by tax policy or the business cycle. This article focuses on the infamous "Cuomo Tax", formally known as the Real Property Gains Tax, enacted in the '80's by then Governor Mario Cuomo. In short, the tax that excluded townhouses and one and two family houses, surcharged capital gains on most other... Real Estate - Real Estate Wed, 21 Jun 2006 18:47:39 +0100 http://www.summitgrandparc.com/real-estate/another-view-on-the-bubble-no-bubble-coin-toss.html Glenn Roberts, Jr. of Inman News today quotes from findings of the Anderson Forecast, an economic report out of UCLA. According to the report, housing is more likely to head for a crash rather than the gradually deflating balloon we've all be hearing about lately. For more, check out the article ( subscription required) at http://www.inman.com/hstory.aspx?ID=53488 (http://www.inman.com/hstory.aspx?ID=53488) Real Estate - Real Estate Wed, 21 Jun 2006 18:08:59 +0100 http://www.summitgrandparc.com/real-estate/expected-report-of-year-over-year-2nd-qtr-condo-price-dec-2.html Today's NY Sun reports that an expected industry report on condo prices will show softening on a year over year basis for the second quarter. As the article recites, industry analysts opine on whether they foresee a repeat of the coop collapse of the late 1980's when oversupply combined with softening demand and tax reform to cause a sharp drop in prices. Some, according to the article, feel the City's overall healthy economy will prevent this recurrence in the case of... Real Estate - Real Estate Fri, 07 Jul 2006 08:48:52 +0100 http://www.summitgrandparc.com/real-estate/worried-about-interest-rates-tell-that-to-the-rent-guidelines-2.html In an unusually raucus session of the Rent Guidelines Board's annual spectacle on guidlines increases for rent stabilized apartments in NYC, the Board members could hardly hear themselves over incessant drum beats from Tenant activists, yet still managed to outrage them, while disappointing landlords in the process. Read about the meeting and the increases at Real Estate - Real Estate Wed, 28 Jun 2006 20:31:18 +0100 http://www.summitgrandparc.com/real-estate/problems-when-the-1031-tail-wags-the-dog.html Here's an interesting article about what happens when investors, in their zeal to meet the stringent time requirements of a 1031 exchange, invest in properties in areas they're unfamiliar with and do so without their usual degree of due diligence. http://www.realestatejournal.com/buysell/markettrends/20060615-hagerty.html?refresh=on (http://www.realestatejournal.com/buysell/markettrends/20060615-hagerty.html?refresh=on) Real Estate - Real Estate Tue, 27 Jun 2006 13:26:40 +0100