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Decrepit Homes in San Francisco Bay Area Fetch Top Dollar for Mountain Views -- AOL Real Estate

A sorry-looking shack, with deep cracks in the cinder-block walls and busted windows, that looks like it's ready to collapse: You wouldn't pay a dime for that, would you? OK, say it's nestled in the gorgeous hilltops of the San Francisco Peninsula with no shortage of pristine mountain views.

http://aol.it/WW5udj

'Cottage Chic' on Lake Placid

'Cottage Chic' on Lake Placid $4,995,000 Lake Placid, NY Waterfront A waterfront property in the Adirondacks has views of Lake Placid and Whiteface Mountain. -Isabel Castro Robert Clark, 64, and his wife Toni Miles, 57, bought this property on Lake Placid's waterfront for $2.7 million in 2008, according to public records.

http://on.wsj.com/WUYi17

Theory Founder Sells Condo At Trump International For $15.6 Million

Andrew Rosen, the founder of the Theory fashion label, sold his 4,266-square-foot duplex condominium at the Trump International Tower for $15.6 million, according to records filed with the city yesterday. Kyle Blackmon, a Brown Harris Stevens senior vice president and managing director, had the listing for the home, located at 1 Central Park West.

http://read.bi/XxbhWM

Big Home, Big Sky in Montana

Big Home, Big Sky in Montana Bozeman, MT Mountain Home Function doesn't have to sacrifice form, says the owner of this custom-built home with expansive views of Big Sky Country.-Stefanos Chen The owner, James Taylor, 46, purchased this property in Bozeman, Mont., with his wife Lisa for 'a steal' at about $160,000 in 1999, he said.

http://on.wsj.com/13g4oJS

Divide and Conquer in Manhattan

Real-estate investor Rockpoint Group and hotel operator Highgate Hotels bought Manhattan's Milford Plaza Hotel for about $200 million in 2010. Now, they are breaking it into pieces for a potential windfall.

http://on.wsj.com/WOmMsH

Foreign Buyers Hop on Rental Trend

"We are buying the houses up, and I'd say unashamedly at very, very cheap prices, but I don't see much of us crowding out other home buyers," said Mr. Dixon of US Masters, who now lives in Manhattan and peppers his conversation with references to the 1990s American TV shows he watched in his youth, like "The Simpsons" and "Seinfeld."

http://on.wsj.com/13cJOKH

Mary J. Blige Hit With Tax Lien on New Jersey Mansion -- AOL Real Estate

Even after several Grammys, eight multi-platinum albums and some of the top-grossing hits in music, an artist can face financial hardship. Mary J. Blige was recently hit by a $901,769.65 tax lien in New Jersey, where she owns a Saddle River mansion, according to the New York Post.

http://aol.it/13bIyqW

Creative Workers Drive Down Rent

It is a paradox of today's New York City home rental market: Despite significant job growth in the last year, rents have been flat or falling for months.

http://on.wsj.com/UEK71v

Queen Anne With a Colorful Past

Queen Anne With a Colorful Past $1.15 million Pennington, NJ Historical Residence Brimming with original architectural details and town history, this 19th-century Queen Anne has stories to tell, including a 1903 muskrat attack. -Stefanos Chen Mary Clare Garber, 51 years old, and her husband David Garber, 52, purchased this 19th-century home in New Jersey's borough of Pennington for about $1.15 million in 2004, according to public records.

http://on.wsj.com/139DfIA