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 July 8, 2009My Alerts |
| ADVERTISEMENT  Alert Name: NYT RE Alert July 8, 2009 Compiled: 12:49 AM REAL ESTATE / COMMERCIALCleveland, which has lost about half its population over time, has reclaimed East Fourth Street, a part of its historic downtown. NEW YORK REGIONA neighborhood transformed by soaring home prices is now caught in a breathtaking fall, but residents believe the improvements to the area will prove durable. GREATHOMES AND DESTINATIONSA four-bedroom house in California, a nine-bedroom home in Malvern, Pa. and a five-bedroom contemporary in Phoenix. GREATHOMES AND DESTINATIONSItaly’s residential property market has seen price reductions of between 10 and 20 percent in the economic downturn. GREATHOMES AND DESTINATIONSOutside Milan, a converted barn resembles a French country house, with a fireplace, white couches and hardwood floors. BUSINESSOn Nantucket, businesses are struggling and home sales are slow as the recession creeps into an exclusive enclave. ARTS / ART & DESIGNWhen it came to representing the sprawling nature of the foreclosure crisis in New York City, the artist Damon Rich figured out that the best thing to do was to shrink it down to size. |
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