News
Insurance

State of New York Mortgage Agency Approves $37.5 million Insurance

NEW YORK, NY - January 28, 2010 - (RealEstateRama) — The board of the State of New York Mortgage Agency (SONYMA) today approved a commitment to insure a $37.5 million mortgage on a 144-unit apartment building in Brooklyn that was originally built to be sold as condominium units.

Hdc Announces Issuance Of $88,000,000 Bond Issuance For Two Bronx Developments

NEW YORK, NY - November 6, 2008 - (RealEstateRama) –  The New York City Housing Development Corporation (HDC) today announced it has approved the issuance of three new Multi-Family Mortgage Revenue Bonds in the total amount of $88,000,000.

Senator Clinton Assails State Farm Decision to Terminate Homeowners’ Coverage for Long Island Customers

Washington, DC - February 22, 2008 - Senator Hillary Rodham Clinton today called on the State Farm Insurance Company to reconsider its decision to terminate homeowners’ insurance coverage for existing policy holders on Long Island. Senator Clinton, in a letter to State Farm CEO Edward Rust, Jr., called for a detailed explanation of the company’s […]

Affordable Housing Projects Receive $45 Million In State Financing

NEW YORK, N.Y, September 21, 2007 – Governor Eliot Spitzer today announced more than $45 million in financing for affordable housing projects in New York City, Monroe County and Onondaga County.

New Yorkers pay highest closing costs

A nationwide survey of lenders by Bankrate.com found that while closing costs are lower than last year, residents of some states continue to pay considerably more than others.