Sold - Studio at Sherwood Village Co-op - 05/28/10 09:06 PM

The unit is located at 99-14 59 Ave, #2L, Corona, NY 11368.
It was closed in December, 2009. Sold for $73,000.
The building was built 1961, with laundry room, sitting area, garage & parking lot (space is not available right away of course). It was managed by Andrea Bunis Management.
The unit is about 550 square feet. Maintenance is $492 including utilities.
View the virtual tour here .
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2.8 millions was stolen - 05/25/10 10:27 PM
Few weeks ago I had 2.5 millions chips in the Facebook Zygna Texas Hold'em Poker game, it was stolen. I could not log into my Facebook account and my email account. I didn't pay much attention to it. But anyway I set an alert to notify through my cell phone.
Last week I received an alert on my cell phone notify me my email account password was changed. I reset my email's password immediately. Then I checked my Facebook, also hacked and another 300 grands chips was stolen.
I don't really know what is the purpose of those hackers, it seems going after … (1 comments)

Sold - 1 bedroom Mitchell GardenCo-op - 05/22/10 08:58 PM

The unit is located at 139-15 28 Rd, #5F, Flushing, NY 11354.
It was closed in May 2010. Asking $145,000. Sold for $139,000.
The building was built in 1952. The unit is about 650 square feet. Maintenance is $617 including utilities.
View the virtual tour.
Watch the video on YouTube.
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Market condition in Jackson Heights, NY11372 - 05/20/10 09:36 PM
Inventory level of 2-family houses is higher than single-family, condo and co-op indicating the lack of demand of investment properties or the more strict requirement by lenders than before.
Inventory as at 05/20/10:
25 units of 2-family - median asking price $789,000 (25 months supply)*
6 units of 1-family - median asking price $684,000 (9 months supply)*
19 units of condo - median asking price $335,000 (10 months supply)*
171 units of co-op - median asking price $229,000 (13 months supply)*
*Based on the closings in the previous 12-months.
Units closed in previous 12-months period 5/1/09 to 4/30/10:
12 units of 2-family - median selling price $703,500
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Housing Optimists Are "Not Paying Attention" to the Facts, Says Dean Baker - 05/19/10 03:23 AM
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The Housing "Recovery" Is Just Another Government Subsidy, Says Whalen - 05/19/10 03:19 AM
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For Sale - 1 bedroom Southridge Co-op - 05/16/10 11:57 AM
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Should I call 911? - 05/15/10 06:55 AM
It was a quiet residential street in Kew Garden Hills/Flushing, there would not be many walking traffic normally.
If you saw more than 20 people gathering on the street, yelling, pushing each other, would you call 911?




After one or two minutes, cars stopped and they still didn't move. I didn't want bad thing happened before it was too late, so I called 911.
After few minutes they left liked nothing happened.


But that is not the end of my story. The worst thing happened was no police ever showed up. After the Crowd left, I … (3 comments)

For Sale - 2 bedrooms 1.5 baths Southridge co-op - 05/14/10 07:50 PM
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For Sale - 1 bedroom NB Owner Co-op - 05/13/10 04:08 PM
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Market condition in Kew Garden Hills, NY11367 - 05/07/10 10:38 AM
Sale of condo & co-op show improvement over last year. Inventory level is high except condo.
Inventory as at 05/06/10:
10 units of 2-family - median asking price $739,000 (30 months supply)*
29 units of 1-family - median asking price $595,000 (17 months supply)*
17 units of condo - median asking price $319,000 (7 months supply)*
179 units of co-op - median asking price $189,000 (19 months supply)*
*Based on the closings in the first quarter 2010.
Units closed in the first quarter 2010:
1 units of 2-family - median selling price $500,000
5 units of 1 family - median selling price $440,000
7 units of condo - median … (0 comments)

More job was created in April - 05/07/10 09:54 AM
290,000 jobs was created in April, that is a good news!
However the unemployment rate hits 9.9% (15.3 million persons) because more people going back looking for jobs.
Among the jobless 6.7 million or 45.9% were unemployed for over 27 weeks.
About 2.4 million persons were not counted as unemployed because they had not searched for work in the 4 weeks preceding the survey.
The unemployment rate in New York-Northern New Jersy-Long Island Metropolitan area are 9.3% in Mar. 2010.
Source: U.S Department of Labor
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Sold - 3 bedrooms 2 bath Rego Park Gardens Co-op - 05/06/10 11:24 PM

The co-op is located at 57-10 Junction Blvd, #3C, Elmhurst, NY 11373.
It was sold for $275,000, closed in Oct. 2009.
The co-op is a 6-stories building, managed by Bellmarc.
Built in 1961, it is about 1200 square feet, maintenance fee is $807.
The location is just one block to Quens Center Mall and three blocks to Queens Blvd.
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Sold - 2 bedrooms in Southridge Co-op - 05/06/10 10:39 PM

The co-op is located at 33-26 92 St, #1P, Jackson Heights, NY 11372.
It was sold for $170,000, closed in Jan, 2010.
The co-op is a 6-stories building, managed by Wentworth Management.
Built in 1958, it is about 900 square feet, maintenance fee is $570 which includes electric, gas, water, heat & real estate tax.
The location is just few blocks to 37 Ave & Roosevelt Ave.
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Sold - 1 bedroom Embassy Owners Co-op - 05/05/10 10:43 AM

I just sold the co-op located at 41-67 Judge St, #5F, Elmhurst, NY 11373.
It is sold for $169,800, closed in April, 2010.
The co-op is a 6-stories building, managed by TKR.
Built in 1963, it is about 700 square feet, maintenance fee is $572.
The location is just few blocks to Boardway, Subway #7 & G, R, V, Elmhurst H
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Market condition in Elmhurst, NY11373 - 05/04/10 09:21 AM
Sales of co-op & condo both increased comparing to 2009, inventory is still over a year's supply.
Inventory as at 05/03/10:
44 units of 2-family - median asking price $769,000 (22 months supply)*
17 units of 1-family - median asking price $578,000 (12 months supply)*
62 units of condo - median asking price $404,000 (15 months supply)*
74 units of co-op - median asking price $199,000 (18 months supply)*
*Based on the closings in the first quarter 2010.
Units closed in the first quarter 2010:
6 units of 2-family - median selling price $676,500
4 units of 1 family - median selling price $565,000
12 units of condo - … (0 comments)