MFA Mortgage Investments, Inc. Announces Pricing of Public Offering of Common Stock
MFA Mortgage Investments, Inc. (NYSE: MFA) announced today the pricing of an underwritten public offering of 11,000,000 shares of its common stock at a...
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...
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...
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...
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...
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...
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...
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...
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,...
