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SUNDAY, NOVEMBER 22, 2009
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NEWS ABOUT: apartment

apartment stories: 11 news summaries

 Renters Feel the Landlord Love 

In soft market, tenants offered flat-screen TVs, cash, reduced rent

Nov 2, 09 6:19 AM CST
(Newser) - Time was, the landlord's knock could inspire dread and bogus excuses. But as apartment vacancies soar, these days he's more likely to drop by to offer you a flat-screen TV, cash, or reduced rent if you re-up your lease. "Many companies are doing whatever they can to keep units... More »

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real estate • housing market • incentives • apartment • renters

WHAT HOUSING BUST?

 World's Priciest Apartment 
 Sells for $56M 

Hong Kong duplex goes to mainland Chinese buyer

Oct 15, 09 5:50 AM CDT
(Newser) - A mainland Chinese buyer has purchased the most expensive apartment in the world, a duplex at the top of a Hong Kong highrise selling for $56.6 million. Hong Kong exited recession in the second quarter and its property market has rebounded strongly, although with prices up 30% this year... More »

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China • real estate • Hong Kong • world record • property • apartment


 Vacancy Rate Hits 23-Year 
 High as Renters Fade 

So now's the time to get that place in NYC

Oct 6, 09 9:50 AM CDT
(Newser) - Apartment vacancies have hit a 23-year high, as rampant unemployment continues to drive down demand, according to a New York real-estate research firm. That’s brought rents down an average 2.7% compared to last year—and the 7.8% vacancy rate is expected to climb. “The experience was... More »

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real estate • housing market • apartment • renters

Manhattan Apartment Prices Tumble

Financial crisis sends values down double digits in first quarter

Apr 2, 09 6:27 AM CDT
(Newser) - Wall Street's problems have chucked a bucket of cold water over Manhattan's once overheated property market, Reuters reports. The median price of a Manhattan apartment dived 11% to $749,000 in the first quarter, according to a report released today by the Corcoran Group, New York's largest brokerage. Analysts expect... More »

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New York City • Manhattan • real estate values • property values • apartment

 Rahm Lives in Illegal Apartment 

Chief of staff rents basement of DC house zoned as single-family dwelling

Feb 4, 09 6:38 AM CST
(Newser) - The White House isn’t the only new house Rahm Emanuel will have to get used to, Gawker reports. Barack Obama’s chief of staff rents a basement apartment on Capitol Hill from Rep. Rosa DeLauro, but a private investigator has discovered that the house is zoned as a single-family... More »

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Washington DC • Rahm Emanuel • apartment • chief of staff

Silicon Valley Town Bans Smoking at Home

Nation's toughest anti-smoking law hits home for apartment dwellers

Jan 27, 09 4:40 AM CST
(Newser) - A California town has passed legislation that will push many smokers out of their last remaining indoor sanctuary—their home, the New York Times reports. Belmont's law—believed to be the nation's toughest—bans smoking in any residence that shares a floor or ceiling with another. Officials credit the law... More »

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California • smoking • secondhand smoke • smoking ban • anti-smoking • apartment

Madoff Finally Apologizes—to His Neighbors

Ponzi schemer says sorry for 'terrible inconvenience'

Jan 12, 09 7:51 AM CST
(Newser) - Bernie Madoff hasn't had anything to say to the public since the revelation of his $50 billion Ponzi scheme. But to the few dozen residents of his luxury apartment building on New York's Upper East Side, the disgraced financier, who earlier resigned as president of the co-op board, recently sent... More »

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New York • house arrest • Ponzi scheme • apartment • Bernard Madoff

 Apartment Blast 
 Kills 19 in Ukraine 

Gas explosion suspected as rescuers look for survivors

Dec 25, 08 12:10 PM CST
(Newser) - Rescuers could hear cell phones ringing in the rubble as they pulled bodies from an apartment building in southern Ukraine that collapsed after an explosion last night, Reuters reports. At least 19 people are dead and 24 missing after the blast, likely caused by oxygen stored in the basement. All... More »

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gas • Black Sea • explosion • Ukraine • Viktor Yushchenko • Yulia Tymoshenko • resorts • Dmitry Medvedev • disaster • apartment

Madoff Was Livin' Large in Lap of Luxury

High-roller owns yacht, jets, and properties up and down East Coast

Dec 24, 08 4:12 AM CST
(Newser) - If disgraced money-man Bernard Madoff felt any guilt about his Ponzi-scheme hedge fund, you'd never know it. Now that he's under house arrest, his "lifestyle of the rich and infamous" is somewhat limited, but in a fitting tribute to a man who just fleeced investors of $50 billion, CNN... More »

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Florida • Matt Lauer • hedge fund • jet • Ponzi scheme • French Riviera • yachts • scandal • Ernest Hemingway • apartment • Bernard Madoff

 Bianca Jagger 
 Booted From 
 Park Ave. Pad 

Tourist visa and permanent residence incompatible: court

Oct 24, 08 8:29 AM CDT
(Newser) - Bianca Jagger must give up her rent-controlled Manhattan apartment of 20 years. The state's highest court ruled that she doesn't meet the "primary residence" clause because she has an American tourist visa. Mick’s ex-wife says the eviction was revenge for her 2003 lawsuit against the landlord, which claimed... More »

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New York City • Manhattan • Bianca Jagger • Mick Jagger • apartment • rent control

(Newser) - A beautiful apartment for sale in Stockholm comes complete with a balcony that overlooks one of the city's trendiest districts—and the current owner's ornery stepfather. The man is defying a court order by refusing to move out, but that's not stopping his stepdaughter from selling the residence, reports The ... More »

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real estate • Sweden • Stockholm • apartment • stepfather • squatting

11 Stories


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