Monday, June 2, 2025
Social icon element need JNews Essential plugin to be activated.
No Result
View All Result
Stocks and Markets Update
  • Home
  • Business
  • Economy
  • Stocks
  • Investing
  • Markets
  • Crypto
  • Real Estate
  • PF
  • Forex
  • Startups
  • Fintech
  • Analysis
  • Home
  • Business
  • Economy
  • Stocks
  • Investing
  • Markets
  • Crypto
  • Real Estate
  • PF
  • Forex
  • Startups
  • Fintech
  • Analysis
No Result
View All Result
Stocks and Markets Update
No Result
View All Result

They Wanted a Waterfront House in New York City for $450,000 (but Not for Themselves)

March 7, 2024
in Real Estate
Reading Time: 2 mins read
A A
0
They Wanted a Waterfront House in New York City for $450,000 (but Not for Themselves)

[ad_1]

Cat Greenleaf finds solace close to the water.

She and her husband, Michael Rey, left their brownstone in Cobble Hill, Brooklyn, six years in the past and moved to a home in Sea Gate — “a magical little gated group,” Ms. Greenleaf mentioned — on the western tip of Coney Island.

“Transferring to the ocean was so profound and restorative for our household that we wished to share it with as many individuals as we might,” she mentioned. “I questioned: Who wants the water probably the most? Individuals who frolicked dwelling in cages appeared like place to begin.”

So she linked with the nonprofit Osborne Affiliation, which helps people who find themselves leaving jail, and made it her mission to purchase and rehabilitate distressed waterfront properties and provide them to low-income tenants who qualify for a backed Part 8 hire voucher — if attainable, individuals who had been previously incarcerated.

[Did you buy a home during the past year? We want to hear from you. Email: thehunt@nytimes.com]

Ms. Greenleaf, 51, has at all times been an intrepid home hunter. She and Mr. Rey, 53, a producer for “60 Minutes,” married 20 years in the past at Brooklyn Borough Corridor. “I didn’t need a marriage ceremony — I wished a home,” she mentioned. They now have two sons who’re 12 and 14.

For a dozen years the household lived in that Cobble Hill brownstone, the place Ms. Greenleaf would sit out entrance and tape her tv discuss present, “Speak Stoop.”

They purchased their first distressed property a yr and a half in the past, upgrading a row of three bungalows on Metropolis Island within the Bronx.

“Actually attention-grabbing oddball properties exist in New York,” Mr. Rey mentioned. “The aim is to search out these waterfront gems to share the expertise of the water. We nonetheless want to herald hire and handle our prices, so it is sensible to be working with Part 8.”

They’re making a nonprofit to additional their work, calling it the Restorative Housing Orgazination.

Final fall, Ms. Greenleaf was prepared for her subsequent venture. With a finances of round $450,000, she started searching for a waterfront home in want of transformation, ideally an outdated one which had stood the check of time. It needed to be freed from moisture, mould and severe structural harm. She budgeted round $15,000 for upgrades, though she knew that renovating is at all times unpredictable.

She hunted all through the boroughs, wherever there was water, and scoured on-line listings every day.

“I drive round watery neighborhoods,” she mentioned. “I meet brokers and discuss to folks on the road. When deal comes up, I wish to soar on it.”

Among the many choices:

Discover out what occurred subsequent by answering these two questions:

[ad_2]

Source link

Tags: CityHouseWantedWaterfrontYork
Previous Post

Economic Growth Expected to Slow in Next Month’s Q1 GDP Report

Next Post

Tesla Vs. BYD: Is the Chinese Powerhouse the Better EV Bet Going Forward?

Next Post
Tesla Vs. BYD: Is the Chinese Powerhouse the Better EV Bet Going Forward?

Tesla Vs. BYD: Is the Chinese Powerhouse the Better EV Bet Going Forward?

European Central Bank Keeps Interest Rates Unchanged, Eyes Turn To Lagarde’s Guidance!

European Central Bank Keeps Interest Rates Unchanged, Eyes Turn To Lagarde’s Guidance!

The Guide to Honolulu Airport Lounges

The Guide to Honolulu Airport Lounges

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Fintech
  • Forex
  • Investing
  • jutawantoto
  • lingtogel77
  • Market Analysis
  • Markets
  • Personal Finance
  • Real Estate
  • Startups
  • Stock Market
No Result
View All Result

LATEST UPDATES

  • Jutawantoto: 4D Online Toto Togel Site & Prestigious Official Bookie
  • Jutawantoto Login: Trusted Toto Slot 4D Site Bet 100 Silver Best 2025
  • Jutawantoto: The Most Trusted & Best Toto 4D Site in 2025
  • Lingtogel77: Rekomendasi Resmi Platform Situs Toto Slot Terpercaya
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2023 Money Wise Inc.
Money Wise Inc is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Business
  • Economy
  • Stocks
  • Investing
  • Markets
  • Crypto
  • Real Estate
  • PF
  • Forex
  • Startups
  • Fintech
  • Analysis

Copyright © 2023 Money Wise Inc.
Money Wise Inc is not responsible for the content of external sites.