New York RealEstateRama
New York RealEstateRama is an Internet based Real Estate News and Press Release distributor chanel of RealEstateRama for New York Real Estate publishing community.
RealEstateRama staff editor manage to selection and verify the real estate news for State of New York.
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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...
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...
