My Brooklyn Report

This mixed used, 2 story property at 698a De Kalb Avenue in the northern section of Bedford Stuyvesant has a lot in common with other homes in the neighborhood. It is exhibit A in an 82 count indictment brought by the Kings County District Attorney’s office against 7 co-conspirators in a mortgage fraud ring that managed [...]

In May 1970, the movie world witnessed Hal Ashby’s directorial debut of his adaptation of Kristen Hunter’s novel titled, The Landlord. A story depicting the experiences of a young suburbanite from Long Island, New York who bought a house in a Brooklyn ghetto. The hero is a young white male who is influenced by the [...]

By now you’ve heard that Goldman Sachs is facing a civil lawsuit bought by the Securities & Exchange Commission based on allegations of fraud, or did you hear it differently than I did. I know those that heard the news only took away what appealed to their sense of outrage at Wall Street’s greed. Hearing that [...]

I’ve been in real estate sales in Brooklyn since 2002 and by some accounts still a rookie in the business.  But after 8 years of brokering property sales in New York City’s largest borough, you tend to pick up a few things along the way, like…

Back at our former home at wordpress, we published a weekly series every Thursday that highlighted those charged, tried and convicted of Mortgage Fraud, Foreclosure Rescue Scams and Real Estate Fraud Schemes. What became a sort of a “blog wrap” of links that pointed our readers to cases in New York City was a hit [...]

Brooklyn is home to some of New York City’s oldest neighborhoods, rich in history and turn of the century row house architecture.  Some of the borough’s affluent families of the late 19th and early 20th centuries built magnificent townhouses that featured treatments and details meant to rival their neighbors. Today’s home buyers are eager to [...]

Remember when you were in junior high and you could pick out every clique in the lunch room? You could scan the crowd for all the sets and find the mean girls, the nerds, the jocks, the class clowns and the dumb kids (except the dumb kids were also the bullies in the school, so [...]

Craigslist is the most popular site on the web for real estate classified ads. Here are 3 BIG problems that visitors will need to click from to avoid.

Did it make sense to you when you heard the news? That New York City Housing Authority could revoke rental assistance vouchers from more than 10,000 families within a few months notice, especially after learning the reason why? Didn’t these families qualify for the rental assistance?  Didn’t NYCHA staff review their documents and verify their [...]

The Home Buyer Tax Credit is about to expire.

Anyone interested in buying a home must have a signed contract of sale dated on or before April 30th 2010 and close on their purchase by no later than June 30th 2010.

If you have the above in order, then your close to being eligible to receive $8,000 as a First Time Home Buyer or $6,500 if you’ve been a homeowner 5 out of the last 8 years.

While a buyer’s income and other factors will also determine eligibility, those eager to become homeowners are rushing to make offers and contract their purchase before the deadline.

But are there enough people buying in Brooklyn to purchase the enormous number of homes for sale?