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The New York Times Launches New Real Estate Web Sites; ''Great Homes'' to Feature Real Estate Listings and Original Content Focusing on Prime Destinations Throughout the United States and Europe.


NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- "Home Finance Center" Helps Users Navigate the Process of Financing a Home

The New York Times Company announced today the launch of two new Real Estate Web sites. "Great Homes" features extensive luxury and second-home listings, Web-exclusive content with original articles written for the site, destination and lifestyle guides, videos, slide shows and interactive maps. The "Home Finance Center" helps users navigate the mortgage process. "Great Homes" and "Home Finance Center" were developed in partnership with other Times Company properties including The Boston Globe, the Boston Globe, The

Daily newspaper published in Boston, one of the more influential newspapers in the U.S. Founded in 1872, it was purchased in 1877 by Charles H. Taylor.
 International Herald Tribune International Herald Tribune

Daily newspaper published in Paris. It has long been the staple source of English-language news for American expatriates, tourists, and businesspeople in Europe.
, The Ledger (Lakeland, Fla.), Sarasota Herald-Tribune The Sarasota Herald-Tribune is a daily newspaper located in Sarasota, Florida. It is owned by The New York Times Company and part of its regional news group. Along with Comcast, the newspaper operates a local 24-hour cable television station called SNN News 6.  and The Press Democrat (Santa Rosa Santa Rosa, city, Argentina
Santa Rosa, city (1991 pop. 80,629), capital of La Pampa prov., central Argentina. It is a modern city and road junction surrounded by a rich agricultural and cattle-raising area.
, Calif.).

"The New York Times Company is uniquely positioned to expand our focus on luxury real estate," said Vivian Schiller, senior vice president and general manager, NYTimes.com. "Our new online addition, 'Great Homes,' takes advantage of our collection of luxury home listings, and combines that with our unparalleled coverage of the luxury and vacation home Vacation Home

A home separate from an individual's primary residence that is used for recreational purposes and may also be rented out at unused times.

Notes:
For tax purposes, those who rent their vacation homes may result in a lower amount of allowable expense
 market from the pages of The Times."

"Great Homes" (www.nytimes.com/greathomes) features a searchable database of more than 30,000 real estate listings located in desirable second-home destinations such as Manhattan, Napa, the Hamptons, Cape Cod, Martha's Vineyard, Miami and Florida's Gulf Coast, as well as select locations in Europe.

"Great Homes" will focus on the lifestyle unique to each area, including dining, shopping and nearby amenities such as golf courses and beaches. Web-only guides provide visitors with an introduction to each destination. The site also includes Times articles on the area's history, architecture and overall real estate trends. Multimedia, such as full color pictures of each area and streaming video content that accompany some articles, enhance the viewer's experience.

The "Home Finance Center" (www.nytimes.com/homefinance) includes Web tools and exclusive content that help visitors navigate the process of financing a home. The site features mortgage calculators; mortgage and home equity charts powered by Bankrate.com, an aggregator of financial rate information; the Mortgage Finder, a feature powered by FormServer (a product of ROOT Markets) that allows visitors to apply online for quotes and information from lenders; and a toll-free calling service, powered by LeadPoint, which gives visitors the option to speak directly with a lending professional. Bob Tedeschi's weekly column on mortgages and Jay Romano's weekly Q & A column provide visitors with tips on how to make the right home finance decisions.

"We understand that financing a home is complex," said Ms. Schiller. "We make it simple. NYTimes.com/RealEstate has long been known for being the best address in real estate. Now our readers can rely on us, as a trusted online advisor, to also help navigate the mortgage process."

About The New York Times Company

The New York Times Company (NYSE NYSE

See: New York Stock Exchange
: NYT NYT New York Times
NYT National Youth Theatre (UK)
NYT New York Transit (New York, USA)
NYT New York Tribune
), a leading media company with 2005 revenues of $3.4 billion, includes The New York Times, the New York Times, The

Morning daily newspaper, long the U.S. newspaper of record. From its establishment in 1851 it has aimed to avoid sensationalism and to appeal to cultured, intellectual readers.
 International Herald Tribune, The Boston Globe, 15 other daily newspapers, nine network-affiliated television stations, two New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
 radio stations and 35 Web sites, including NYTimes.com, Boston.com and About.com. The Company's core purpose is to enhance society by creating, collecting and distributing high-quality news, information and entertainment.

This press release can be downloaded from www.nytco.com and www.nytimes-community.com
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Sep 6, 2006
Words:538
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