Buffalo’s Business: No real estate boom means no subprime calamity

While we regularly gripe about our sluggish job growth, our below-average incomes and our high taxes, our tepid housing market is keeping us on...

Revised Belleayre Resort Still Wrong for Catskill Park, Local Communities

Four Catskill Preservation Coalition Members Decline to Sign Agreement with Developer Dean Gitter SHANDAKEN, N.Y., Sept. 5 /PRNewswire/ -- The Catskill Heritage Alliance, Friends of...

Hanshaw Road Reconstruction Project Moves Ahead

By a vote of 13 to 1, the Legislature authorized the design and right-of-way plan for the reconstruction of one-and-a-half miles of Hanshaw Road....

New York City Property Tax Rebate Information

New York City ($400) Rebate If you received a rebate check in 2006, have not moved, and have paid your property taxes incurred before July...

Kurt Salmon Associates and Accruent Focus on Real Estate Lifecycle Management as Source of...

Industry Leaders Drive Improvement in Retail's No.1 Capital Expenditure NEW YORK, Sept. 4 /PRNewswire/ -- Kurt Salmon Associates (KSA), a global management consulting firm, announced...

How The Property Tax Works

In New York State, the real property tax is a tax based on the value of real property. Counties, cities, towns, villages, school districts,...

American Home Mortgage Investment Corp. Announces Bankruptcy Court Approval of Sale Process for Certain...

MELLVILLE, N.Y., Aug. 29 /PRNewswire-FirstCall/ -- American Home Mortgage Investment Corp. (OTC: AHMIQ) ("American Home") today announced that the U.S....

Wall Street in a Fighting Mood for Charity

Extell Development Company announces plans for 'The Extell Wall Street Boxing Charity Championship' New York, NY, August 14, 2007 -- Top Wall Street executives are...

Lexington Realty Trust Announces Formation of Co-Investment Program For Its Specialty-Use Real Estate Assets

NEW YORK, Aug. 13 /PRNewswire-FirstCall/ -- Lexington Realty Trust ("Lexington") (NYSE: LXP), a real estate investment trust (REIT) focused on single-tenant real estate investments,...

Northeast Securities Development buys Tower Place Mall

Tower Place Mall, which has struggled with store and restaurant departures in recent years, has been sold to a New York-based development company for...

Businesses receiving Empire Zone tax breaks to be held accountable

Hundreds of companies get millions of dollars in tax breaks and in return promise to hire new employees or invest in their own businesses,...

Company expects net loss of $10 million-$13 million for ’07

Real estate brokerage company ZipRealty Inc. (NASDAQ: ZIPR) today announced a net loss of $1 million for the second quarter ended June 30, compared...

New York housing market saw June increase

Sales of existing single-family homes in New York in June showed a more than 17 percent increase, compared to May 2007, and a nearly...

Real Estate Round-Up

The Real Estate Board of New York (REBNY) came out with it’s second quarter report, and the prognosis is good (for sellers). Citywide, the...

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...

Manhattan’s Lipstick Building Sells for $648.5 M.

Another Manhattan landmark is going to foreign investors. An investment group led by Tao-Maofim LLC, a US joint venture of Tao Tsout Ltd. and...

Apricey bite of the Big Apple

While real estate prices drop in Florida and California, in New York City, there is a scarcity of good properties and local demand remains...

Commercial real estate refuses to cool in New York

The Cathedral of Commerce once again is living up to its nickname. The Woolworth Building, a 1913 Gothic masterpiece in downtown Manhattan, was set...

So, Is Atlantic Yards a Rip-Off or Not?

It’s been an odd week in the history of Atlantic Yards project. Last Friday, the Mayor said that $300 million worth of tax breaks...

Tax incentives for Rochester Technology Park approved

The County of Monroe Industrial Development Agency has approved tax incentives for the soon-to-be new owner of Rochester Technology Park — the former Kodak...

NYC ‘DEBT’ RECKONING

A silent crisis is ripping through many city neighborhoods as more and more homeowners are unable to pay down their subprime mortgage loans. In Brooklyn's...

Unique way to grant land ownership to New York real estate in bite-sized pieces

A New York City company has found a very unique way to grant land ownership to New York real estate in bite-sized pieces. They’re...

$252 million approved for affordable housing in New York State

A total of $252.7 million in affordable housing financing, grants and mortgage insurance commitments was approved on 15 June by the boards of the New York...

Public, Private, Who Decides?

The city's attempt to increase its East Side park space has hit a boulder. A boulder in the shape of a swank Sutton Place...

They were so drunk on money and power that they didn’t know their incompetence

As suspected here last week, long-term interest rates have stabilized: the all-powerful 10-year T-note is in a broad range below 5.2 percent, and mortgages...

Popular Government & Nonprofit Press Releases

NYCEDC

MAYOR DE BLASIO AND GOVERNOR CUOMO ANNOUNCE COMMUNITY ADVISORY COMMITTEE TO...

Mayor Bill de Blasio and Governor Andrew M. Cuomo today announced the formation of a Community Advisory Committee (CAC) to share information and solicit ongoing community input about Amazon’s planned headquarters project in Long Island City, Queens.

Recent Government & Nonprofit Press Releases

SEIA

SEIA Praises Governor Cuomo for Pledging 100 Percent Clean Electricity Goal...

The Solar Energy Industries Association (SEIA) commended New York Governor Andrew Cuomo for pledging to move New York to 100 percent carbon-free electricity by 2040, which he announced in a speech on his early 2019 policy agenda