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NEWS ABOUT: apartment

60 Homeless After San Francisco Fire

Daytime blaze hits apartment building

(Newser) - It took three hours and 150 firefighters to calm an apartment blaze in San Francisco that left 60 people homeless. Three buildings were caught in flames in the fire, whose cause will be investigated today. It apparently started in a neighboring Victorian home and spread from there, reports AP . The... More »

New York's Priciest Rental: $165K a Month

Astor Suite at the Plaza is now on the market

(Newser) - New York's most expensive rental is now available, and it's a steal at $165,000—some $15,000 more than the runner-up. The 5,087-square-foot Astor Suite at the Plaza boasts three bedrooms, five bathrooms, and a library, not to mention a separate apartment for guests. The suite... More »

Online Apartment-Hunter Finds Pads With Facebook

'ApartmentList' scans your activities to find the right place

(Newser) - Your mind-numbing hunt for an apartment may have gotten a little bit easier. A new apartment-matching engine called ApartmentList personalizes listings by connecting to your Facebook page and scanning your activities and those of your friends, TechCrunch reports. It also asks questions like, "Do you have money in the... More »

Renters Flock to Whitey Bulger's Santa Monica Digs

Residents to want live where a fugitive escaped a decade-long manhunt

(AP) - The simple Santa Monica apartment where James "Whitey" Bulger hid from the FBI for more than a decade could soon be one of the hotter properties in the city's rental market. The door to unit 303 remains sealed with police tape as FBI agents continue to pick the... More »

How One New Yorker Lives in 90 Square Feet

Felice Cohen makes every inch count in her tiny Manhattan apartment

(Newser) - Felice Cohen's Manhattan studio is all of 90 square feet, and she seems to have plenty of room for all the necessities. “I think a lot of people have a lot of space that they’re not using," she explains in a video from faircompanies . It also helps... More »

Buy the 'World's Smallest Apartment' for $68K

Rome 'wigwam' can barely hold a bed

(Newser) - For all of you who have joked about living in a closet ... well, you ain't seen nothing yet. A Rome "compact bedsit" that's being described as the world's smallest apartment has hit the market. Asking price for the 55-square-feet of heaven: $68,000. One report called the former porter's... More »

After 5 Quarters of Decline, Rent Just Went Up

Stabilizing prices might signal ravaged sector has found bottom

(Newser) - Rents crept up nationally in the first quarter, notching a 0.3% increase that ended five straight quarters of decline in a sector that's been particularly battered by the recession. The vacancy rate—closely linked to unemployment—held steady at 8%, while 60 of the 79 markets surveyed reported higher... More »

Artists, Hipsters Go Without Winter Heat

For some holdouts, 50° is toasty

(Newser) - Living with the heat off—if they even have heat—is a way of life for some Northerners who get through the winter on a combination of ingenuity and insulation. Their motives are often curious. Take the New York artist who appreciates the acoustics of his loft so much he... More »

NYC Man Jumps to His Death—In Front of Kids

Friends say 53-year-old showed no signs he was suicidal

(Newser) - A New York man leapt from his apartment window to his death last night while his young daughters looked on in horror. “There were never any signs of problems,” a friend tells the Post . “I'd never expect anything like this from him.” The 53-year-old died instantly... More »

Renters Feel the Landlord Love

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

(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 »

World's Priciest Apartment Sells for $56M

Hong Kong duplex goes to mainland Chinese buyer

(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 »

Vacancy Rate Hits 23-Year High as Renters Fade

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

(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 »

Manhattan Apartment Prices Tumble

Financial crisis sends values down double digits in first quarter

(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 »

Rahm Lives in Illegal Apartment

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

(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 »

Silicon Valley Town Bans Smoking at Home

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

(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 »

Madoff Finally Apologizes—to His Neighbors

Ponzi schemer says sorry for 'terrible inconvenience'

(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 »

Apartment Blast Kills 19 in Ukraine

Gas explosion suspected as rescuers look for survivors

(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 »

Madoff Was Livin' Large in Lap of Luxury

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

(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 »

Bianca Jagger Booted From Park Ave. Pad

Tourist visa and permanent residence incompatible: court

(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 »

Stockholm Apartment for Sale, Stepdad Included

(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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