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February 18, 2008

Jitters for First-Time Homebuyers

IF there is a bright spot in New York City’s uncertain real estate market, it is that over the last several months, some first-time buyers have found it easier to buy apartments.

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First-time buyer Greg Kochanov in Riverdale.
With mortgage rates low and prices steady, some of [...]

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A Delicate Market

KIRK HENCKELS, the bow-tie-wearing broker serving the rich and would-be rich on the Upper East Side, offered a sobering thought in his latest report on the luxury Manhattan market.

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15 Central Park West
“It is a remarkably precarious time to be writing an analysis of the Manhattan [...]

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February 11, 2008

As foreclosures widen, a neighborhood erodes, Crisis tests many in north Lawrence

Mario DeJesus struggled under crushing mortgage payments for two years. Now, about to lose his home to foreclosure, he has no money left to move his family into an apartment.Altagracia Portorreal sleeps uneasily since teenagers broke into the vacant home next door, abandoned by a neighbor who couldn’t keep up with the mortgage. Bienvenido Chalas [...]

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