Tag: Real Estate

The Bronx Sees Highest Increase in NYC Foreclosures Over Last Year

In a report issued by real estate research site, PropertyShark, The Bronx has seen the highest increase in foreclosures in the second quarter of 2016 compared to the same time period last year—by 47%.

Leading the Bronx in foreclosures is the 10473 zip code encompassing the neighborhoods of Parkchester, Soundview, and Castle Hill with 24 new foreclosures listed totaling $3,034,143 with an average lien of $379,267.

See how you can help avoid foreclosure.

Parkchester Receives Staggering “Temporary” 15.19% Common Charge Hike For Capital Improvements

Parkchester South Condominiums, the largest of the two separate condominiums that make up Parkchester—with 8,286 of the more than 12,000 units in the complex— is undergoing major capital improvements yet again. But this time rather than taking loans out, they will instead institute a temporary 15.19% common charge hike across the board for all units in the development to pay for these improvements.

Needless to say, this isn’t sitting well with residents and home owners at one of the largest condo developments in the world. Residents have been organizing against this fee and have a rally scheduled for this coming Wednesday, February 10th, at 4pm at 2000 E Tremont Avenue.

Bronx Boro Prez Unveils Study for Possible Development Over Concourse Rail Yards

Last year, Bronx Borough Developer, I mean President Ruben Diaz Jr called to study three Bronx rail yards for possible decking to spur further development throughout our borough.

Today he has issued the findings of the report which singles out the Concourse Yards in Bedford Park and nixing out the 149th Street yards in Melrose and Broadway Yards in Riverdale as currently logistically unfeasible.

Thank You Doctor Zizmor! Renowned Dermatologist Retires; Sells Bronx Mansion for $3.075 Million

If you have been living in New York City for the last several decades (since the early 1980s to be more precise) then you know who Jonathan Zizmor, MD is. He’s the famed dermatologist who’s subway ads have been splattered everywhere—and haven’t been changed much in as long as he’s been in business.

Now, just as his mansion in the Fieldston section of Riverdale in The Bronx has finally entered contract to be sold for $3,075,000, Zizmor has shut his offices to his practice for good at the age of 70.