My Brooklyn Report

According to an article in the New York Times, Mayor Bloomberg and outgoing Housing and Urban Development Secretary Preston announced at a press conference held at City Hall on January 14th 2009, an initiative to save neighborhoods from the threat of urban blight from foreclosure. New York City will buy 115 homes with a $24 [...]

There’s a lot to be thankful for this Thanksgiving Day. And yet, so much to be thoughtful of.  Particularly where it involves your homes, neighborhoods and quality of life in Brooklyn. Have the chickens come home to roost?

Gone are the days when it was easy for homeowners to post a sign in their window or yard announcing “House for Sale” and it would cause a small stampede. Everyone from neighbors to passersby rang the bell or called the phone number provided to find out the asking price, even real estate agents.

Over the last 15 years, we’ve seen consumers take control of their home shopping experience by conducting their own research on the Internet.

Many first time home buyers departed from the path taken by their parents in the ’70′s & ’80′s, where they would walk into a real estate agency’s office and sit with an agent to discuss what kind of house they were looking for…

Back on July 28th 1967, Thomas M. Chisolm obtained the deed to 672 Decatur Street in the Ocean Hill neighborhood of Brooklyn, New York. No doubt, a proud moment for Mr. Chisolm and his family, as many of us reading can recount the excitement of closing the purchase of our first home. Home ownership, The [...]

So what happens when a real estate broker decides to increase their business by marketing a property listing that is being offered For Sale By Owner without the permission of the owner? Find out what a real estate broker risks when a property owner discovers their home being marketed by a real estate broker they claim they never met.

During 2007, New York City appeared resilient in the face of the national foreclosure crisis experienced in other states and major cities. In California, Nevada and Arizona, the number of homeowners defaulting on sub prime mortgage loans threatened the financial stability of each state.

However, 2009 finds New York City at the place that each of the states mentioned were, back in 2007. And each are in far worst shape than we are today. Which should cause great concern for the prophetic nature their misfortune bodes for New York City as we implement the same measures they attempted.

I can remember coming from the store each Sunday morning with the Daily News, my mother’s newspaper of choice. And after breakfast she’d sit on her bed and get caught up with the “State of the Condition”, often quoting her mother’s wisdom about how…

Reading my contributions to MyBrooklynReport.com one would conclude that I’m against real estate development.   A fair assumption in light of my posts on 1576 Fulton Street and the role politicians played in aiding Goldman Sachs. I hope I’m not getting into trouble with what I’m about to say, but…I’m pro real estate development.  However [...]

House Theft isn’t new. It’s a crime that knows no racial, economic or neighborhood boundaries. Real Estate is attractive to the criminally inclined.

In a City that still employs a fundamentally flawed deed recording process, it’s a miracle that there aren’t more victims of this heinous crime that’s intentionally perpetrated on the weak and elderly.

Margaret Franklin happens to be one of many victims that have had their homes stolen. What’s painful about this story is that Margaret was hospitalized and dying of cancer when she was targeted.