Struggling NYC real estate market could create another financial crisis: Don Peebles

Peebles Corporation CEO Don Peebles told “Mornings with Maria” on Monday that the struggling New York City real estate market amid the coronavirus pandemic and civil unrest could create another financial crisis.

Peebles also explained the three things that “converged on New York City” to create a “perfect storm” for the city’s decline.

“One was a diminished quality of life and an increased cost of living and doing business,” Peebles said, adding that rising crime contributes to the diminishing quality of life in the city.

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He also cited the pandemic and the corresponding “massive shutdowns,” which essentially led “to the quarantine of the entire city and most of the state,” as contributors.

“And then add that to the election and also the civil

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Don Ravi Pujari indicted for extortion call to Kasaragod-based contractor- The New Indian Express

By Express News Service

KASARGOD:  The Kerala Crime Branch has indicted mobster and extortionist Ravi Pujari — who is in a Bengaluru jail now — for trying to extort money from a Kasaragod-based contractor and opening fire at his house at Bevinja.

Contractor M T Muhammed Kunhi had got extortion calls allegedly from Pujari and his henchman Manish Shetty in 2008 and 2012, and gunshots were fired at his house on both occasions.

Pujari, a native of Dakshina Kannada, has been indicted in the case of the 2008 shooting.

Kunhi, who refused to pay up, said he got a paper with the name of Ravi Pujari on his verandah soon after the 2008 shooting.

Crime Branch inspector C A Abdul Raheem, who investigated the case, submitted the chargesheet at the Kasaragod court on Friday. Crime Branch inspector Rahim is likely to go to Bengaluru to record his arrest.

Eight persons

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What these Don Mills condos got: $615,000 for 698 sq. ft. on The Donway, $576,500 for 880 sq. ft. on Leslie St.

DON MILLS

Location: 99 The Donway Ave. W., Unit 1001,

The Donway Ave. W. and Lawrence Ave. E.

Asking price: $662,800

Selling price: $615,000

Previous selling price: $562,000 (2018)

Size: about 698 sq. ft.

Parking: one owned underground space, one owned locker

Maintenance fees: $551.56 per month

Taxes: $2,368 (2019)

Bedrooms: 1 plus 1

Bathrooms: 2

Sold: July 26/20. Closed: September 23/20.

Including a separate den, this condo unit sold for 93 per cent of the listing price in three days on the market.

“This extra-wide condo suite shows like a model unit and features a 165-sq.-ft. balcony, a European-style kitchen with stainless steel appliances and granite counters, and a large primary bedroom with a ensuite,” says listing agent Ira Jelinek.

The building is near shopping, schools, places of worship, Sunnybrook Hospital, Sunnybrook Park, Edwards Gardens, a golf club, the public transit, plus the Don Valley Pkwy. and Hwy. 401.

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