Naim Payne

33 Flips | 1 Magazine | 1 Like | 7 Followers | @JanusMedia | Keep up with Naim Payne on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Naim Payne”

The Race to the $1 Million Parking Spot

As parking in major cities becomes scarce, developers are charging record prices for parking spaces in luxury condominiums<p>Buyers of luxury condos have a new place to park their cash: in their parking spots.<p>In cities like San Francisco, New York and Boston, parking prices have reached an all-time …

Real Estate

Keller Williams Realty Landmark

Keller Williams Realty Landmark. 11 likes. You are my inner circle. Any one I help sell their home, apartment, land or Commercial property or help …

At 2015 Midpoint, Buying Remains a Better Bargain Than Renting - Zillow Research

• Renters can expect to spend 30 percent of their income on rent, while buyers can expect to spend 15 percent of their monthly income on a monthly …

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Zillow

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Zillow

Roosevelt Island Million Dollar 3 Bedroom Duplex Coop For Sale At Former Mitchell Lama Island House Rental Building

Roosevelt Island's Island House rental building<p>was taken taken out of the Mitchell Lama Program in 2012. Island House Tenants Association (IHTA) …

Thirteen high yielding U.S. real estate investment trusts

<b>What are we looking for?</b><p>High yielding and underleveraged real estate investment trusts (REITs) trading in the United States that can be considered undervalued based on a relative valuation to the industry average.<p><b>The screen</b><p>Adding REITs to a portfolio is a great way to diversify and collect a …

FORGET GDP: Here's the new way Wall Street is measuring the US economy

GDP, or gross domestic product, is the most widely cited measure for the economy's overall health and trajectory. On Friday, we found out that the second estimate of GDP in the first quarter showed that the economy actually contracted 0.7% to start 2015.<p>But a number of Wall Street economists …

New York's Abandoned Landmarks; All-Cash Sales in NYC

Week in Review 5/30<p>There Are No Words to Describe This $6.5M Bayside House, Buyer Outed For 432 Park Avenue's $95 Million Penthouse, What's Next for New York City's Many Abandoned Landmarks?, Hidden West Village Townhouse Is So Tiny and So Expensive, The $4B LaGuardia Overhaul Looks Like It's Going …

New York City

Condo owners also benefit from a 421-a tax exemption, but what happens when that break is taken away

The mayor is calling for condos to no longer be eligible for the 421-a tax exemption.<p>For years it has been common for new condominium owners in Long …

This New Mapping Tool is a Data Lover's Dream

If you've ever wondered how your neighborhood compares to the rest of New York City, look no further. PlaceILive—a new Lithuania-based startup—seeks to quantify quality of life by mapping census data along with, as Untapped Cities puts it, "just about every social identifier imaginable." All of …

What $2,700/Month Can Rent You in New York City

<i>Welcome to Curbed Comparisons, a column that explores what one can rent for a set dollar amount in various NYC neighborhoods. Is one man's studio another man's townhouse? Let's find out! Today's price: $2,700/month.</i><p>774 Union Street #11<p>↑ In <b>Park Slope</b>, a "cozy 2 bedroom," also known as a tiny …

New York City

Alphonso David is the third-most-powerful person in Cuomo's office

Alphonso David's life journey from coup to Cuomo.<p>Thirty-five years later, Alphonso David still remembers the sound of gunfire.<p>Sitting in his midtown …

JPMorgan, partner wants $90M for 13 apartment buildings in the Bronx

The properties, consisting of mostly rent-stabilized apartments, is one of the biggest portfolios up for grabs in the borough.<p>JPMorgan Chase and …

The housing market is going ballistic

Rising wages, a tighter labor market, the wealth effect from tremendous stock and bond market gains, Millennials turning mid-30's, pent-up home-shoppers coming out after a terrible winter - these are all the ingredients for a ballistic housing market, not unlike the one I had guessed we would see …

Why China’s housing boom is more solid than it looks

If global fund managers were asked to name their No. 1 bogeyman, it would probably be a housing crash in China. A lost decade for the Middle Kingdom, like the one that followed the end of Japan's great property craze in the 1980s, would hammer the world economy.<p>But how likely is such a catastrophe? …

Exclusive: ARC Healthcare near $3.7 billion deal for Griffin-American Healthcare

NEW YORK (Reuters) - American Realty Capital Healthcare Trust Inc is in exclusive talks to buy Griffin-American Healthcare REIT II Inc, a deal that could value the healthcare real-estate investment trust at around $3.7 billion, according to people familiar with the matter.<p>American Realty Capital …

How a Stylish French Family Remixes a Brooklyn Brownstone

Usually people talk about trying to be more like the French, but for former Parisian <b>Florence Mars</b> and her family, it's been all about embracing America—or least, the version of America that concerns a newly-renovated townhouse in the Carroll Gardens neighborhood of Brooklyn, where an an influx of …

Remixes

‘Soft Landing' In Housing Market Underway, Condos Headed For Lengthy ‘Stagnation': BMO

• <b>Upgrading to house in the suburbs becoming less realistic</b>• <b><br>Condo-house price gap likely to get much bigger as population ages</b>• <b><br>‘Prolonged stagnation or</b> …

Bank of America at center stage in U.S. top court bankruptcy case

WASHINGTON (Reuters) - As the U.S. Supreme Court on Wednesday considered the case of a Massachusetts homeowner battling his mortgage lender over a bankruptcy plan, several justices focused their attention on his unlikely ally: Bank of America Corp.<p>A woman walks past as customers use ATMs at a Bank …

Bank of America

Los Angeles Housing Now More Screwed Up Than San Francisco

Yet another report has come out with the finding that Los Angeles is still the least affordable place in the US to buy or rent a home (it's from Zillow this time): average wage-earners have to spend 40.1 percent of their income on a monthly mortgage payment or a disturbing 48.2 percent on monthly …

Housing