Saturday, April 17, 2010

Mortgage Interest Tax Deduction


Article in Yahoo Finance talks about the mortgage interest tax deduction as America's costliest tax break.  This includes mortgage interest and home equity line of credit interest that is secured by a home.  Says this is sacred and politicians are not touching it amid efforts to raise tax revenue for the US.

Friday, April 9, 2010

Rent Stabilization owner info

Rent stabilization articles that New York City owners and landlords may need

Thursday, April 8, 2010

World's Best Property Markets

World's Best Property Markets

The recent Wealth Report 2010 on high end residential property by Knight Frank and Citi Private Bank ranks the world's top property markets as follows.  The ranking is based on economic activity, political power, knowledge & influence and quality of life.

Tuesday, April 6, 2010

Manhattan Apartment Market Statistics


Below is summary of the first quarter Manhattan apartment market statistics with focus on condo apartments.

Sunday, April 4, 2010

Manhattan Property Growth Factors

Manhattan property outperformed the stock market from 1997 to 2009, returning an average 10 percent per year compared to the Dow's 2%.  Here are the top Manhattan property growth factors for the coming 10 years as mentioned by the Property Wealth Report.

Saturday, April 3, 2010

Manhattan Apartments Q1 2010

Manhattan New York apartment reports for first quarter 2010 is out.  As I've predicted since 4 months ago, the report shows that prices declined while sales jumped.