Home 2007
Yearly Archives: 2007
In Total, Over 160,000 Upstate New Yorkers are Trapped in Subprime Loans and Face...
Schumer Releases New County-by-County Report on how many New Yorkers May Have Been Hoodwinked into Subprime Mortgages Laden with Spiraling Interest Rates
WASHINGTON, DC -...
Jean Nouvel Design Unveiled for Hines Project in Manhattan
NEW YORK, November 15, 2007 – Hines, the international real estate firm, announced today the formal selection of Paris-based architect Jean Nouvel as the designer of a...
Thompson: 2,100 Homeowners Reach Out For Help To Save Their Homes
November 15, 2007 -- New York City Comptroller William C. Thompson, Jr. today announced that 2,100 individuals and families from across the tri-state region have...
HSBC Takes $3.4 Billion Charge
NEW YORK, Nov. 15, 2007 – Two investment banks said yesterday that they would take additional write-downs because of problems related to the housing market, according to...
Senator Clinton Urges Property Tax Relief for Middle Class Homeowners
Property Taxes Have Skyrocketed While Median Household Income Has Decreased
Washington, DC, November 9, 2007 - Senator Hillary Rodham Clinton joined several of her colleagues in...
Ten Years In Prison For Westchester Real Estate Lawyer Who Stole Over $20 Million...
New York, NY, Nov. 13, 2007 -- MICHAEL J. GARCIA, the United States Attorney for the Southern District of New York, announced that real estate lawyer ANTHONY BELLETTIERI,...
Tanger Outlet Center at the Arches Secures the First Neiman Marcus Last Call Store...
National fashion icon comes to Babylon
BABYLON, New York, Nov. 13 /PRNewswire/ -- Neiman Marcus has leased 32,000 square feet for its first Long Island...
LandAmerica To Present at the Credit Suisse Insurance and Asset Management Conference 2007
RICHMOND, Va., Nov. 12 /PRNewswire-FirstCall/ -- LandAmerica Financial Group, Inc. (NYSE: LFG), Fortune magazine's number one Most Admired Company in the mortgage services industry,...
Rent Increases in Rent Stabilized Apartments
State and local laws limit your landlord’s right to increase the rent in your rent-stabilized apartment.
How do I know if my apartment is rent...
City Planning and Economic Development Corporation Announce Comprehensive Coney Island Rezoning Plan to Safeguard...
November 8, 2007 - City Planning Commissioner Amanda M. Burden and New York City Economic Development Corporation (NYCEDC) President Robert Lieber today unveiled the...
NYS Affordable Housing Corporation Announces $3 Million “Block-by-Block” Program to Revitalize Blighted Neighborhoods in...
Not-For-Profits and Government Agencies Would Be Eligible; Local Match Required
BUFFALO, N.Y., Nov. 8, 2007 — The New York State Affordable Housing Corporation (AHC) today announced...
HALT Task Force Expands Efforts to Address Subprime Lending Crisis
Governor Eliot Spitzer today met with Attorney General Andrew Cuomo and members of the Governor's Halt Abusive Lending Transactions (HALT) Task Force to address...
Carol Rosenthal Joins Fried Frank’s Real Estate Practice
NEW YORK, Nov. 8 /PRNewswire/ -- Fried, Frank, Harris, Shriver & Jacobson LLP announced today that Carol E. Rosenthal has joined the Firm as...
Law Firm Gersten Savage Completes $1 Million Renovation, Adds to Modern Art Collection
NEW YORK, Nov. 8 /PRNewswire/ -- Gersten Savage LLP, one of New York's top five independent law firms, has renewed its 10-year lease for...
Bankrate: Mortgage Rates Nudge Higher
NEW YORK, Nov. 8 /PRNewswire-FirstCall/ -- Mortgage rates moved up this week, with the average conforming 30-year fixed mortgage rate now 6.34 percent. According...
Thompson Launches “Save Our Homes” Initiative To Address Subprime Crisis In New York City
October 30, 2007 -- Flanked by several of the city’s top labor and religious leaders, New York City Comptroller William C. Thompson, Jr. today...
MFA Mortgage Investments, Inc. Announces Public Offering of Common Stock
NEW YORK, Nov. 5 /PRNewswire-FirstCall/ -- MFA Mortgage Investments, Inc. (NYSE: MFA) announced today it plans to make a public offering of 15,000,000 shares...
STAR Rebate Check Application Deadline Extended
November 02, 2007 - Acting New York State Commissioner of Taxation and Finance Barbara G. Billet announced that Gov. Eliot Spitzer recently signed legislation...
Senator Flanagan Successfully Extends Tax Relief Deadline For Homeowners
November 5, 2007 - Senator John Flanagan (2nd Senate District) announced today that the deadline to apply for property tax rebate checks has been...
Governor Spitzer Announces Increased Home Heating Financial Support For Working Families
New York, November 1, 2007 -- Governor Eliot Spitzer today announced the annual launch of the home heating assistance program, which this year includes...
Governor Spitzer Announces Financing For More Than 1,180 Housing Units Across New York State
New York, November 2, 2007 -- Governor Eliot Spitzer today announced $510 million in financing for the construction and renovation of 1,182 affordable housing...
NYS Housing Finance Agency Approves $15.5 Million in Financing to Renovate West Village Apartments...
NYS Affordable Housing Corporation Approves $300,000 to Help Western New York Seniors Renovate Homes
NEW YORK, Nov. 2, 2007 -- The board of the New York...
NYS Housing Finance Agency Approves $451 Million in Financing for Affordable Housing in New...
470 New Affordable Units Include 150 Units of Supportive Housing
NEW YORK, Nov. 2, 2007 -- The board of the New York State Housing Finance...
Senator Flanagan Celebrates First Home Purchased Through Senate Program
New York, November 2, 2007 - Senator John Flanagan (2nd Senate District) joined with his colleagues in the Senate majority, the Long Island Housing...
NY Attorney General Sues First American and its Subsidiary for Conspiring with Washington Mutual...
Washington Mutual (WaMu) Demanded Appraisers Who Inflated Property Values
NEW YORK, NY (November 1, 2007) – Attorney General Andrew M. Cuomo today announced that he...
