Posts Tagged ‘AIG’

Home sales unexpectedly rise in February

Monday, March 24th, 2008

After falling for six straight months, sales of existing homes posted an unexpected increase in February. But the median home price tumbled by the largest amount on record.
The National Association of Realtors said that sales of existing homes rose by 2.9 percent in February to a seasonally adjusted annual rate of 5.03 million units. [...]

Median home sale price remains steady in borough

Thursday, November 29th, 2007

Keith Nowalk has had two houses on the market in Plum for a few years.
One house originally was listed at just under $500,000 and the other is listed close to $65,000. He can’t seem to sell either house. He’s cut the more expensive price by $150,000 over the last three years and moved a [...]

Aconda hotel tenants in limbo

Sunday, August 19th, 2007

Billie Riley was homeless and living by the Guadalupe River last year before scraping up enough money with her boyfriend to move into a $575-per-month room at the Aconda Hotel.
“We came off the streets,” she said. “And it looks like that’s what we’re going back to.”
The building that houses the hotel on Santa Clara [...]

When hotel rooms are pure works of art

Sunday, August 19th, 2007

At the Atelier Sul Mare hotel in Sicily, imagination gives way to reality - and guests don’t just walk around works of art, they take showers and make love in them.
Located on the waterfront of Castel di Tusa, a sleepy fishing village half way between the cities of Palermo and Messina, the hotel has 16 [...]

Home Apparently Purchased From Mayoral Campaign Contributor

Sunday, July 15th, 2007

Questions surrounding a Telemundo newscaster’s relationship with the Los Angeles mayor are focusing on the woman’s Studio City condominium, KNBC reported.
Apparently, the man who sold a condominium to newscaster Mirthala Salinas was also a campaign contributor to Los Angeles Mayor Antonio Villaraigosa, according to KNBC.
The condo was purchased from Steve Bullock, who donated $1,000 to [...]

City condo or suburban house? How young buyers can decide

Sunday, July 8th, 2007

They’re the new urbanites: ages 26 to 34, often recently married. In the past, they might have opted for a small house in the suburbs. But the trend nowadays is to buy a condo-apartment in the city, provided the neighborhood suits their tastes.
“Younger buyers are increasingly attracted to an amenity-rich lifestyle - to the dynamism [...]

‘Wellness’ becomes condo selling point

Wednesday, June 27th, 2007

Would you like a shiatsu massage with your new condo? How about a bone-density test?
Arizona’s Canyon Ranch, regarded as the most glittering brand in the $10 billion spa industry, has branched into real estate, and on Wednesday will roll out a marketing campaign for the 67-story condo-hotel at Huron and Rush Streets that will bear [...]

Resort would provide indoor fun

Monday, June 11th, 2007

Holiday Mountain, a popular ski and amusement park in Sullivan County, intends to sell nearly half of its land to a developer for construction of a year-round resort hotel that might include an expansive indoor water park.
According to a letter written by the developer’s attorney, Walter Garigliano, Pine Brook Properties LLC recently signed a letter [...]

Many real estate developers on LDA ‘hit list’

Sunday, June 10th, 2007

THE Sahara India Housing Limited (SIHL), which was served notice earlier this week for violating construction norms, is not the only one to have come under the LDA scanner for the offence. The “new team” of Lucknow Development Authority (LDA) has served notices on as many as 15 real estate developers of Lucknow and Delhi.
Sahara [...]

Council Approves Rent Expansion Ordinance For Apartments

Wednesday, May 23rd, 2007

The Los Angeles City Council on Tuesday unanimously approved an ordinance that expands rent control to apartments built to replace demolished units.
The provision exempts so-called “mom and pop” owners of apartment buildings with four or less units.
If signed by Mayor Antonio Villaraigosa, the ordinance will become part of the city’s rent control law, which now [...]

Even as apartment sales fall in San Diego, prices still remain strong

Saturday, April 7th, 2007

The number of apartment transactions continues to fall in San Diego County and prices may have held their own, depending on how the numbers are calculated.
“Even though 2006 sales volume was down significantly since 2005 and 2004, average countywide sales prices were still above the record-high prices set in 2004,” said George Carlson, a Burnham [...]

Glacier resort B.C.’s new battleground

Friday, April 6th, 2007

Step aside Great Bear Rainforest, the backcountry of the Purcell Mountains is the site of B.C.’s next big showdown over wilderness preservation. Up in our eastern frontier, the helicopters carry wealthy skiers rather than logs, and the small towns worry about growing too much rather than fading away.
There was a great hue and cry here [...]


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