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Kitchen renovation payoff; hidden beds for small spaces; live like royalty in the Bronx and more

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New Yorkers don't  usually cook much. But they'll still pay a premium for renovated kitchens...is it worth it? (New York Magazine)

If you can't get into one of the city-sanctioned microapartments, there are plenty of tiny abodes on the market for you to buy (Curbed)

... and furnish with "hidden" beds made for small spaces (Apartment Therapy)

If a rich person offers to buy your entire co-op building for $3 million dollars a unit, you should probably pass (Habitat Magazine)

The real estate world sure loved Mike Bloomberg. Here are some pros' advice to (and fears about) incoming NYC mayor Bill de Blasio (New York Post)

Literary darlings Jonathan Safran Foer and Nicole Krauss are selling their Brooklyn townhouse for $14.5 million. Still think the borough's a bargain? (Daily News via New York Magazine)...

On the other hand, up in the Bronx  you can buy a real-life castle for $3.65 million (Curbed)

Tack on the title "penthouse" and buildings charge nearly 30 percent more in rent (The Real Deal)

Aiming to simplify the rental experience, search site Lovely.com rolls out one-stop application & credit check  (FastCompany.com)

Long Island City is not the next Williamsburg--and that's a good thing, restaurant group says (Daily News)

It's not all about condos in the New York City market, high-end luxury rentals are still hot commodities (Observer)

11 tips for securing a mortgage in New York City (DNA Info; previously)

Why your broker's title might be changing... and why it's no big deal (NY1)

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