Monthly Archives: April 2008

Home Prices in Brooklyn Down 3%

The New York Daily News reports that according to the Real Estate Board of New York’s quarterly report, the average home price in Brooklyn fell 3% to $582,000 for the first three months of 2008.   In contrast, apartment prices rose 13%.  … Continue reading

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Foreclosures Up 34% in New York Metro Area

According to an article in the New York Post on April 29, New York-area foreclosures are up 34 percent for the first quarter of this year, which is far lower than the national rate that roughly doubled over last year.  In Brooklyn, … Continue reading

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How to be Green in Brooklyn.

Happy Earthday, Even though we live in a large urban center where there isn’t much green, we can still be good citizens of Earth and do our part to help clean up our environment.  Here are a few tips on being … Continue reading

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Can you rent out a Co-op Apartment?

It depends.  When you purchase a co-op apartment, you are not actually purchasing the physical space, you’re purchasing the shares of the corporation that are associated with the unit.   Because you don’t own the apartment outright, your ability to rent, or … Continue reading

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