Perhaps a 2005 flashback scene from Season 4 of the Netflix comedy “Arrested Development” depicted the lending market best. In it, actor Ed Helms, playing a realtor, tells two of the show’s main — and jobless, and nutty — characters that he can get them into a mansion through a new “NINJA loan.”
“No income, no job and no assets,” he says, to their delight.
It’s laughable now, but local experts say the depiction wasn’t far off for some lenders during the last decade. To be sure, NINJA didn’t mean banks actually wanted to lend money to people without income, jobs or assets. They just didn’t ask for verification. (more…)
Michael and Alison Ventura outside their historic Village Lane home in Orient. The Cape Cod dates back to the 1700s. (Credit: Grant Parpan)
On picture-postcard-pretty Village Lane in Orient, residents worried not long ago about the fate of one of the street’s genuine treasures — a simple but handsome Cape Cod house that may date as far back as the 1700s.
Neighbors watched with dismay as the front stoop of the house at No. 1780, in the heart of the hamlet’s prized National Historic District, disintegrated — one of them repaired it gratis — and a covered porch tilted so precariously that the owner had to remove it. (more…)
A house with waterfront views in South Jamesport. (Credit: Grant Parpan)
Has the North Fork’s recovering housing market finally turned a corner? According to local real estate brokers and data compiled by county research consultants, it’s now creeping back up, however slowly. (more…)
Bagworm larva are typically small and black. (Credit: Creative Commons/Benimoto)
I blamed Hurricane Sandy.
So I couldn’t allow myself to be too upset. Many people lost their homes — or their lives. All I lost was an arborvitae. My once lush green shrub was still standing erect, but it was fried and brown. It looked like a piece of corn that had been dried out for use in a huge Thanksgiving centerpiece. (more…)
Imported Italian porcelain tile installed last winter by farmer Paul Reeve at Bayview Farm Market in Aquebogue. (Credit: Barbaraellen Koch)
The mere mention of imitation wood or stonework are enough to make some people cringe.
With memories still fresh of 1970s and ’80s-era linoleum floors, peel-and-stick “brick” and faux wood wall paneling, you can’t blame people for wanting to install only real wood and stone when designing their own homes today. (more…)
The “Big E Farm” in Riverhead. (Credit: The Corcoran Group)
With sweeping vistas, a storied 8,000-square-foot home, an iconic horse farm and award-winning Maratha Clara Vineyard on-site, the “Big E Farm” in Riverhead just became the largest parcel currently for sale on the North Fork. (more…)
The James Benjamin Homestead, circa 1782, is believed to be the oldest house in Flanders. It’s on th eNational Register of Historic Places. (Credit: Barbaraellen Koch)
Did you know that the David W. Crohan Community Center in Flanders was once the site of a roller rink known as Ben’s Roller Dome? Or that the long-shuttered Bayview Market at the corner of Longneck Boulevard and Flanders Road was built in 1910 and was used as a meeting room for the Flanders Fire Department when it first formed in 1948? (more…)
RACHEL YOUNG PHOTO
In late April, developer Steven Dubb closed on a deal to purchase the 14 remaining lots at the 42-acre Highlands Club at Aquebogue on Sound Avenue.
Now, after reconfiguring and meticulously staging the site’s two model homes, the rest of the lots are ready to be sold. (more…)