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This week in celeb real estate: Howard Hughes’ former Beverly Hills home hits auction block, Brie Larson takes a loss…and more

Los Angeles homes linked to two Oscar-winning actresses and an Oscar-winning director made the news this week. Brie Larson — Laurel Canyon — and Reese Witherspoon — Zuma Beach — both sold their houses. In Encino, the former home of director Ron Howard hit the market. The Beverly Hills home that once belonged to tycoon and Hollywood producer and director Howard Hughes was set to be auctioned off. And a Kanye West creation, the “Star …

Judge hits brakes on 14th Street busway—again

The 14th Street busway has been delayed yet again | Shutterstock The last-minute appeal blocks the busway from launching on Monday In a last-minute appeal, a judge on Friday hit the brakes on the city’s plan to ban private car traffic from a stretch of 14th Street, NY1 reports. A judge granted the appeal, which was filed in the state appellate court division, and halted the pilot program for the second time in two months. The decision forces the city’s Department of Transportation (DOT) to suspend its plans and likely move to appeal the …

Top 5 Stories on Brownstoner This Week: Affordable Housing, Brooklyn’s Greenest Block

Are These Bed Stuy Apartments Starting at $2,100 a Month Really Affordable? An affordable housing lottery that stretches the idea of affordability has opened for three newly constructed units in a four-story building at 1032 Dekalb Avenue in Bed Stuy. — Park Slope’s Park Cafe Diner, Longtime 7th Avenue Staple, Suddenly Shutters Park Cafe,… Read More >The post Top 5 Stories on Brownstoner This Week: Affordable Housing, Brooklyn’s Greenest Block appeared first on Brownstoner.

National slowdown claims its first major-city victim: Seattle home values

A decline in Seattle-area home values is the first in years in a major U.S. metropolitan area, a leading source of real estate data reported. Single-family home prices in May fell 1.2 percent, compared with the same month last year, according to fresh data from S&P CoreLogic Case-Shiller. Kelly Meister, a Seattle-based broker for Compass, said home prices appear more uneven than a year ago from one neighborhood in the city to another. “The Seattle market …

What are the Benefits of Hiring the Best Buyer’s Agent?

A buyer’s agent works on behalf of the buyer in the transaction process. Buyer’s Agent. Seller’s Agent. Listing Agent. If you’ve listed your home or been shopping for a new one, you’ve heard these terms. But what are the differences? And does it really matter? The home buying process can be complex and stressful. So why would you buy a home without the best buyer’s agent to help you? The best buyer’s agents make a positive difference in the transaction process from beginning to end. What is a Buyer’s Agent? A …

MTA will overhaul century-old 42nd Street shuttle

Shutterstock Construction work will begin on August 16 The MTA announced today that it is planning a major overhaul of the 42nd Street Shuttle, which connects riders between Grand Central Terminal and Times Square. The plans include replacing the Times Square terminal with accessible platforms, reconfiguring platforms in Grand Central, and updating its signaling system. Work to modernize the shuttle, which began operating in 1918, will begin on August 16 and will be completed in phases, wrapping up in 2022. The tracks and stations where the 42nd Street …

Eagle’s Mary Frost Goes Deep With New BHA Exec Director

The Eagle’s Mary Frost interviewed in depth the new Brooklyn Heights Association Executive Director Lara Birnback. Ms. Birnback is a California native, but has lived in the Heights for many years. Her husband grew up here. She has extensive experience in community development in the U.S. and abroad.As a Heights resident she is aware of the major issues affecting the community: the BQE reconstruction: development around the Heights; and the proposed new jail on Atlantic Avenue. She also wants to focus on “micro” issues, like broken tree pits and …

Top 5 Stories on Brownstoner This Week: Domino Rising, Amy’s Bread Opens New Heights Spot

Second Building in Massive Domino Development in Williamsburg Nearing Completion The exterior of the second building in the ever-growing Domino development in Williamsburg is getting close to the finish line. — Well-Preserved Bay Ridge Townhouse With Stained Glass, Fancy Dining Room Asks $1.275 Million An early 20th century bow-fronted brick row house is located… Read More >The post Top 5 Stories on Brownstoner This Week: Domino Rising, Amy’s Bread Opens New Heights Spot appeared first on Brownstoner.

The states with the biggest share of vacation rentals aren’t where you’d think

Year-round sunshine didn’t help Florida make it to the top of this vacation rental ranking. The states with the highest percentage of vacation homes are clustered in the Northeast, Bloomberg reported, citing a new study from investment property exchange firm IPX1031. Maine topped the ranking, with 19.3 percent of its homes being used as vacation rentals. Vermont came in second, at 17.4 percent, followed by New Hampshire, at 11.8 percent, and Alaska clocked in at …

The Most Important Things to Do Before You Sell Your Home

Before you sell your home, there are a few important things to do before you list it. If selling your home is in your future, you’ve got some important work to do ahead of you. There’s so much more to selling your home than just planting a for sale sign in your front yard. It means more than taking a few pictures of the place to post online, too. Here’s a checklist of nine important things to do before you sell your home. Before You Sell Your Home Invest in some curb appeal The first thing prospective buyers see of your home should entice them to want …

Some NYC subway lines were suspended due to ‘network communications issue’

The delay along the MTA’s numbered lines comes in the midst of a heat wave that’s broiling the city In the midst of a brutal heat wave that has led Mayor Bill de Blasio to declare a local state of emergency, six major New York City subway lines—1, 2, 3, 4, 5, and 6—and the Times Square Shuttle were suspended for over an hour during the evening rush. According to the MTA, a “network communications issue” with the system’s Automatic Train Supervision system led to the outage, with service on those lines suspended in both directions beginning around 5:50 p.m., and restored around 7:15 p.m. Around 7:45 p.m., the agency tweeted that service has resumed, but straphangers should expect “extensive delays” on those lines. The …

Top 5 Stories on Brownstoner This Week: Ingenious Ideas in a Designer’s Cobble Hill Rental

The Insider: Designer Conjures Style in Cobble Hill Rental With Ingenious, Inexpensive Ideas In six years as an associate at Gensler, the behemoth global architecture firm where he developed concepts and strategies for major corporate clients, and five more years designing residences for private clients at some of Manhattan’s toniest addresses,… Read More >The post Top 5 Stories on Brownstoner This Week: Ingenious Ideas in a Designer’s Cobble Hill Rental appeared first on Brownstoner.

Kanye West cares about “Star Wars”-themed affordable housing

Jesus walks, but Luke Skywalker talks, at least for Kanye West when it comes to affordable housing. The rapper-turned-aspiring real estate mogul is reportedly leading the development of an affordable housing project with a “Star Wars” theme at a secret California forest location. Forbes reported that the recording artist, entrepreneur and designer is working with a team to design prefabricated shelters as affordable housing, possibly for homeless people. West wanted an austere design for shelters …

Power returns to Midtown after blackout leaves thousands in NYC in the dark

The crippling outage occurred on the anniversary of the 1977 blackout A power failure swept the west side of Manhattan Saturday evening, at one point leaving more than 60,000 customers without power, according to Con Edison. Power was restored to all customers just before midnight. Officials say a transformer fire may have caused the outage at 6:47 p.m., plunging subway stations, Broadway theaters, and businesses in the heart of New York City into darkness. Traffic signals shut off and the incandescent lights of Time Square-42nd Street dimmed. Con Edison says power was disrupted at six Manhattan substations. “We experienced a …

Top 5 Stories on Brownstoner This Week: A New Park for Williamsburg, an Unfortunate Renovation

New Low in Townhouse Design? A Brownstoner reader sent in this photo of a renovated wood-frame townhouse close to the corner of Bedford Avenue in Bed Stuy with the comment “a new low in townhouse design.” — The Insider: Historic Hoboken Firehouse Transforms Into Light-Hearted Bachelor Pad Hoboken’s Engine House No. 5, built in… Read More >The post Top 5 Stories on Brownstoner This Week: A New Park for Williamsburg, an Unfortunate Renovation appeared first on Brownstoner

Benvenuto! Why the number of high-net-worth individuals applying for Italian residency may spike

The number of ultra-wealthy taking up residency in Italy may surge this year. The influx of high-net-worth individuals is due to a new tax program for residents, Bloomberg reports. Known as the “New Resident Regime,” which the Italian government introduced in 2017, foreigners who establish a residence in the country can cap their income tax on worldwide income at €100,000, or US$114,000. Establishing a residence entails buying or renting a home, without a minimum investment …

Want to Celebrate the American Dream This Year?

Owning a home is part of the American dream. Start living your American dream this year! What does the American Dream mean to you? How would you define it? Investopedia defines it as “the belief that anyone, regardless of where they were born or what class they were born into, can attain their own version of success in a society where upward mobility is possible for everyone.” James Truslow Adams described it as “that dream of a land in which…

26 best things to do in NYC this summer

These are the places that you must visit in New York right now—new classics, old favorites, and other essential sites New York City has been called many things—the city that never sleeps, the capital of the world—but it could also be called “The City With Too Many Places to See.” Between NYC’s many iconic landmarks and and the new classics that regularly pop up, it can be overwhelming to decide which museum to visit, or what neighborhood is worth exploring, on any given day. That’s where…

Another Court Hearing on Pier Six Towers Tomorrow Afternoon

Cobble Hill community activist Judi Francis has alerted us to another, and probably final, court hearing tomorrow, Tuesday, November 14, on the action brought by the Brooklyn Heights Association to prevent further construction (some work has already begun; at a previous hearing the judge refused to grant a temporary restraining order, but issued a preliminary injunction prohibiting the developers from doing anything that can’t easily be undone should the court’s final decision go against them) of the proposed high rise residential towers on two parcels of land near Pier Six and the Atlantic Avenue entrance…