NEW YORK CITY-Although it is believed that housing will recover from its collapse, many experts in realty market think that homeowners will not enjoy much benefits like they had in the latter half of the 20th century.

NEW YORK CITY-Jewish Home Lifecare has singed a deal to give its Upper West Side facility in Manhattan to the Stellar Management and Chetrit Group in exchange for cash and a site on West 100th Street.

LOS ANGELES-Malibu real estate investor 10th Street Partners LLC has purchased a rent-controlled apartment building, which has 21 units, from Villa Cordova Associates LLC for $5.78 million.

NEW YORK CITY-The highly anticipated annual event, the New York Fashion Week, will be moved from its previous home of Bryant Park to a more residential area in Lincoln Center.

NEW YORK CITY-A Manhattan office building suffering from financial difficulties was taken over by Savanna, a real-estate investment company in New York, in a loan-to-own deal.

NEW YORK CITY-As real estate markets across the US still facing problems, the New York market is no exception.

INDIANAPOLIS-Keller Development of Fort Wayne and Visiting Nurse Service Foundation have planned to build a 35-unit apartment building at 4720 Pennwood Drive for seniors.

LOS ANGELES-Plans of real estate development and investment firm Ratkovich Co.'s president, Wayne Ratkovich, to construct a restaurant are being held up.