Monthly Archives: August 2022

New York commits $8M to renovate Harlem’s Schomburg Center for Research in Black Culture

Aug 18, 2022 |

Image of the Schomburg Center via Wiki Commons Gov. Kathy Hochul on Wednesday announced the state will commit $8 million for upgrades to the Schomburg Center for Research in Black Culture in Harlem. The investment will go toward the refurbishment of the building’s facade, replacement of the roof and windows, and the installation of much-needed safety […more]

2023 Paint Color Trends and Predictions

Aug 18, 2022 |

It’s “Color of the Year” time. Paint manufacturers and designers are introducing predictions for 2023.  After the use of all-white or all-neutral home palettes for much of the early 2000s, there is a continuing shift towards more colorful and varied rooms. Moodier blues, greens, and charcoal are becoming new neutrals. With the environment on everyone’s […more]

Mortgage rates wander lower after weeks of volatility

Aug 18, 2022 |

After weeks of dramatic moves, mortgage rates took a small step back this week. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average fell to 5.13% with an average 0.8 point. (A point is a fee paid to a lender equal to 1% of the loan amount. It is in […more]

The Insider: Attention to Detail Shines in Loft-like Brooklyn Heights Apartment Reno

Aug 18, 2022 |

Got a project to propose for The Insider? Please contact Cara Greenberg at caramia447 [at] gmail [dot] com. The late 19th century brick building had been through a lot of changes, from its origins as a warehouse to a part of the Hotel St. George, and then to condo conversion in the… Read More > The […more]

Let’s Take a Look Inside Serena Williams’ Smashing Homes

Aug 18, 2022 |

Tennis great Serena Williams recently announced her plans to retire from the sport. We take a look at her off-court real estate deals.

Purchase mortgage rates beginning to stabilize in the low 5% range

Aug 18, 2022 |

Purchase mortgage rates declined this week on the news that inflation appears to have peaked and appear to be stabilizing. The 30-year fixed-rate mortgage decreased this week to an average of 5.13%, down from last week’s 5.22%, according to the latest purchase mortgage survey from Freddie Mac. A year ago this time, rates averaged 2.86%. The […more]

Luxury Flatbush rental launches lottery for 26 middle-income units, priced from $2,100/month

Aug 18, 2022 |

Rendering courtesy of Hill West Architects A housing lottery opened for 26 middle-income units at a new residential development in Brooklyn. Located at 160 Clarkson Avenue, the building offers prospective tenants brand new, luxury apartments on the border of Prospect Lefferts Gardens and Flatbush, just a few blocks from Prospect Park. New Yorkers earning 130 percent of […more]

What Does a Home Warranty Cover?

Aug 18, 2022 |

Every year, homeowners spend on average $3,000 on home maintenance. Depending on the age of your home and appliances, that number can increase. When you buy a home, you might not… The post What Does a Home Warranty Cover? appeared first on ELIKA New York.

The Atlantic Antic Will Return for a 47th Year of Street Fair Festivities

Aug 18, 2022 |

The annual antics continue. The Atlantic Avenue Local Development Corporation (AALDC) will present the 47th Annual Atlantic Antic Festival — a mile-long street fair packed with an exciting selection of entertainment, homemade crafts and well-loved food vendors. On Sunday, October 2, Brooklyn residents are invited to make the 10-block stroll to shop… Read More > […more]

Daily Links: Brooklynite Tests Positive for West Nile Virus as Number of Infected Mosquitoes Hits High

Aug 18, 2022 |

In the News What to Know About the West Nile Virus in New York [NYT] Covid and NYC Schools: Back to Class, and Finally Back to Normal? [NYT] Bigots Spray-Paint ‘Hitler’ on Sheepshead Bay Synagogue [NYP] Two Deaths in Three Days From Fallen Trees Raises Concerns in NYC [Pix11] Brothers Turn Family’s Bed Stuy Brownstone… […more]