Between 1937 and 1941, she sold 10 of the 26 real estate parcels that together had formed her studio lot.

The deal also includes several parcels of undeveloped real estate for future development.

"What's happening is that there aren't many big estate parcels available anymore," he said.

A house - in fact, any parcel of real estate - is only worth what someone is willing to pay for it.

Somewhat the same is true when parcels of real estate are traded, as distinct from investment in new construction.

Also seized were more than $5 million in assets, including 12 aircraft, 21 motor vehicles, 28 vessels and 17 parcels of real estate.

"Certain parcels of real estate, for a starter," Slith said crisply.

Of the city's 918,227 parcels of taxable real estate, 826,640 had their assessments increased, and 89,000 saw decreases.

The photographer asked, "How does this charming parcel of fetid real estate come by its charming name?"

After a ten-year struggle, his nephew was able to keep that deteriorating estate parcel intact and retained by the state.