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...

Tax breaks for a $15 million renovation of the historic building

A 100 percent property tax abatement on increases to the assessment on the Remington Rand building in North Tonawanda received preliminary approval Thursday. Representatives from...

Insurer Battens Down Real Estate Hatches

MetLife Inc. recently gave stable value fund investors a peek at its strategy for coping with a possible downturn in the U.S. housing market. MetLife,...

The price of the lobster salad is the best barometer of real estate ...

If you really want to know how the housing market in the Hamptons is faring as summer beckons, Steven Gaines suggests an unusual yardstick. He...

Mount Vernon commercial real estate strong, pros say

A panel discussion by business professionals in Mount Vernon painted a local real estate market whose commercial sector was stronger than the residential. Maybe it...

If you had multimillion-dollar digs waiting to be sold

Prices for some swanky pads on Long Island have been reduced recently, and it's taking longer to sell, signs that the high-end market has...

Owners of last remaining parcel of New Brighton site accept $7.6M for their land

Acres of low rolling hills in New Brighton, where nearly 300 homes were once planned, were secured recently as a public park when the...

Land Boom Resounds in Manhattan

Land speculation in Manhattan began in 1626 when Peter Minuit bought the island for 60 guilders, or $24, from the Canarsee Indians. The tradition...

Moving to the Hudson Valley region

Low interest rates, a hot real estate market and a migration northward from New York City have led to inflation in the Hudson Valley,...

New owners of Rochester Technology Park in Gates have grand plans

The soon-to-be new owners of Rochester Technology Park in Gates — site of the former Eastman Kodak Elmgrove facility — have grand plans for...

Apartment REITs Are A Target-Rich Environment For Private Equity

The proposed $22 billion leveraged buyout of Archstone Smith (NYSE: ASN) by Tishman Speyer and Lehman Brothers may spark a new round of go-private...

Popular Government & Nonprofit Press Releases

HOUSING 2.0: MAYOR DE BLASIO LIFTS AFFORDABLE HOMEOWNERSHIP

Mayor Bill de Blasio detailed two new programs that will help New Yorkers achieve and maintain the American Dream – owning their own home. Open Door aids first-time homeowners buy a condo or coop, and HomeFix helps New Yorkers make capital improvements to their homes. These two programs will reach at least 2,100 households in eight years.

Recent Government & Nonprofit Press Releases

Governor Cuomo Announces $11.4 Million for Supportive Housing for Older Adults,...

Governor Andrew M. Cuomo today announced more than $11.4 million in state funding has been awarded to two supportive housing projects in Oneida County and one in Brooklyn. These three projects will create 103 units of emergency and permanent housing for homeless older adults, youth, families and individuals with mental illness, with funding from the New York State Office of Temporary and Disability Assistance's Homeless Housing and Assistance Program