Jul 27, 2022 |
syndicator
The Department of Justice and the Consumer Financial Protection Bureau are taking the fight to non-bank mortgage lenders for redlining. The two agencies revealed their new strategy to rein in mortgage discrimination on Wednesday, with a $24.4 million consent order, stemming from a referral the CFPB made in November 2020. It’s the DOJ’s second-largest mortgage […more]
Jul 27, 2022 |
syndicator
Last week, we saw here how the number of July sales has been plummeting, and with three days to go in the month, we are now at 119 NSDCC sales – which means we will end up with around 40% to 50% of last year’s July sales. We also hear about how inventory is rapidly […more]
Jul 27, 2022 |
syndicator
Photo by Philip Ho on Unsplash The Metropolitan Transportation Authority announced on Tuesday plans to expand cellular service and Wi-Fi throughout the entire subway system. While commuters have been able to use their mobile devices at all underground subway stations since 2017, the proposed project would bring cell connectivity to all tunnels between stations and in above-ground […more]
Jul 27, 2022 |
syndicator
Before you can start generating rental income from your latest property acquisition, you’ve got to go through the process of buying the rental property. That process can be a challenge all on its own – particularly when there are so many financing strategies to consider!
Jul 27, 2022 |
syndicator
Photo courtesy of HPD A new affordable homeownership project, decades in the making, is underway at 201-207 7th Avenue in Chelsea. The city’s Department of Housing Preservation and Development, Council Member Erik Bottcher, and Asian Americans for Equality (AAFE) on Tuesday joined community leaders and residents in a groundbreaking celebration for a project that will […more]
Jul 27, 2022 |
syndicator
Photo courtesy of Douglas Elliman Known as Stoneleigh Manor, this landmarked estate at 255 Brushy Ridge Road in New Canaan, Connecticut, designed by renowned American architect Stanford White, was built in 1903 for Charles E. Diefenthaler and his wife Antonia F. Fischer as a summer getaway. Asking $5,199,000, the home has been restored by its current owners with care […more]
Jul 27, 2022 |
syndicator
As we outlined earlier this week, the recent decline in listed inventory levels in San Francisco is being driven by a slowdown in new listing activity versus an increase in sales. And in fact, despite the fact that listed inventory levels in San Francisco have been up over 30 percent on a year-over-year basis over […more]
Jul 27, 2022 |
syndicator
Coney Islanders are celebrating the installation of new four-way stop signs and painted crosswalks at a bustling and notably dangerous Surf Avenue intersection. The community has long petitioned the city for an improved crosswalk at the corner of Surf Avenue and West 37th Street, with Community Board 13 going as far… Read More > The […more]
Jul 27, 2022 |
syndicator
In the News A Judge Halts New York City School Budget Cuts, For Now [NYT] New York Renters Are Now Paying the Price for the ‘Covid Discount’ [NYT] Melting Profits Threaten the Ice Cream Man in ‘Burg and Beyond [NYT] Con Ed Urges Brooklynites in Six Neighborhoods to Conserve Energy [BK Paper] Tremendous Tree Comes… […more]
Jul 27, 2022 |
syndicator
Construction on 310 East 86th Street stands topped out as a 21-story residential tower over the Upper East Side neighborhood of Yorkville. The ground-up project is designed by ODA Architecture with IGI-USA in charge of developing the 145,000-square-foot building. There will be 69 condominiums along with an undisclosed amount of commercial space. Hunter Roberts Construction Group is serving as […more]