Archive for December, 2006
Peter Cooper and Stuyvesant – The Back Story on a 5.4 Bl Deal
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The New York Times Charles V. Bagli has an outstanding article on the genesis of the largest residential real estate deal of our time, the sale of Peter Cooper Village and Stuyvesant Town by MetLife to Tishman Speyer Properties. [...]
Real estate boom of ‘06 to gain momentum in ‘07
In India. Sorry, but I saw the headline and could not resist.
The booming real estate market will gain momentum and is likely to attract foreign investment worth Rs 8,000 crore in 2007, an Assocham study has said.
“The real estate boom of 2006 is set to multiply itself in 2007 to get India a [...]
St. Louis Suing a Convent, a Saint, a Nun and a Wheelchair Bound Senior
Ah, the greed of a developer and the threat of new laws aimed at stopping them. The St. Louis Redevelopment Agency in its eagerness to avoid following the legistlatures decision, rushed an eminent domain takeover lawsuit to remove property from a Wheel Chair Bound senior citizen who has a long term lease on a property [...]
30Dec2006 | Tom Royce | 0 comments | Continued
The Ranch House, One of the Greatest American Architectural Achievements?
While one may disagree that the ranch house is one of the great architectural achievements of the 20th century in America, I do, an interesting article in the Washington Post talks about the influence of future building styles that was created by the ranch house.
The ranch house is ubiquitous in surburban America. It does [...]
Yankee’s Buy Boston’s Hancock Tower
Not completely, but Boston’s famous Hancock Tower was sold to a New York company, Broadway Real Estate Partners, as part of a 1.3 billion dollar deal. If I was a Boston native, and a Red Sox fan, I would be less than thrilled to have New Yorkers owning their landmark building.
Beacon Capital Partners selling [...]
Selling Churches – When Getting Folks Into the Pews Fails, Selling The Property is Almost as Hard
An interesting article in the AP discusses the difficulties in selling churches after the congregation declines or the demographics of an area change. The balance of getting the right price and having the buyer use the building for purposes that the church deems acceptable are a tough balance. In a younger day I went to [...]
28Dec2006 | Tom Royce | 2 comments | Continued
Real Estate Market For Hispanics Growing
If you are a real estate agent, one of the growing demographics is the Hispanic housing market. Recent reports from DataQuick have show the growth in housing purchases by those with Hispanic surnames has grown dramatically in the past few years. While I am not saying enroll in a Spanish language course tomorrow, recent signs [...]
27Dec2006 | Tom Royce | 2 comments | Continued
Greedy Local Governments Starting To Pay Price
The greed of local governments as the tax money was rolling in knew no bounds. While professing to keep taxes down, the rising property values filled the coffers of local governments and their spending increased proportionally. Now as property values are not increasing and sales slow further reducing the transfer tax revenue, these same city [...]
26Dec2006 | Tom Royce | 3 comments | Continued
Christmas in America – A Montana House Raising
While the world tends to only report that bad, I found this wonderful story about a town rallying around a family who lost their house in a fire three weeks ago. Now they have new home and a new life.
Angels descended on Ken and Jodi Gardner’s piece of paradise last weekend, clad in Carhartt [...]
24Dec2006 | Tom Royce | 0 comments | Continued
My mom told me to put the statue in the ground, just seems wrong to me but I did it. ...
What about RE/MAX Commercial? Where this classification came from?
I am pretty sure RE/MAX Commercial in volume sales must be above ...
Well Tom, once again you have said it much better than I could have. Unfortunately the folks at Move, ...
It certainly does not bode well for a fast recovery in the economic climate. This will affect all real estate ...
I HAVE 25 YEARS EXPERIENCE IN TELECOMMUNICATIONS..HOW DO I APPLY AT KAI. 
Definitely not a fan of Move Inc.!!! 
A lot of you really need to go back to kindergarten and learn to spell correctly. If you cannot spell ...
In 2008, there was an extension to push first-time home buyers to purchase their homes quickly since the program did ...
I also need HELP and don't know what to do about my problem. I have a garden apartment off ...
I have the same situation. I sold my home in July and am scheduled to to close in a few ...
