Baldwin Real Estate News
Real Estate news for Baldwin, NY continually updated from thousands of sources.
Wednesday | via Newsday
This is an illustration of the data center and office building at 1025 Old Country Rd., Westbury. The building is to undergo renovations to help attract high-tech customers. Comment?
Wednesday | via Long Island Business News
The 165,395-square-foot office building on 3.35 acres, owned by Manhattan-based AM Property Holding Corp., is in the midst of a major renovation, which includes upgrades to its mechanical systems, new elevators, improvements to the lobby and common areas, new landscaping and parking. To help the $20 million project, AM Property Holding was approved Tuesday for economic assistance from the Nassau County Industrial Development Agency in the form of property tax, sales tax and mortgage tax breaks. Comment?
Tuesday Jun 28 | via Long Island Business News
The Nassau County Bar Association is holding free clinics for Nassau residents facing mortgage foreclosure or still coping with the aftermath of Hurricane Sandy. The clinics, which provide opportunities to meet with volunteer attorneys, are slated for Monday, July 11, and Wednesday, July 27, from 3-6 p.m. at the Bar Association at the corner of 15th Street and West Street in Mineola. Comment?
Monday Jun 27 | via Newsday
Affordable housing, shown in a rendering, will replace 30 houses damaged by superstorm Sandy. The Long Island Housing Partnership will soon take ownership of the first 15 properties from NY Rising. Comment?
Sunday Jun 26 | via Newsday
There were no virtual house tours when this 20-something couple dreamed of a move to Long Island. We lived in Bensonhurst, Brooklyn, in a building long on history and short on heat. Comment?
19 hrs ago | via Your News Now
This week the governor's office announced the creation of a hotline New Yorkers can call to report vacant properties. It's designed to establish an electronic registry of vacant properties with the Department of Financial Services to hold banks and lenders accountable for maintaining properties before foreclosing. Comment?
Wednesday | via Inman
New York real estate buyers paid an estimated $155.3 million in excess title insurance premiums and fees in 2015. 182,487 individual real estate transactions totaling $140.2 billion were analyzed in the report, which includes the vast majority of transactions throughout the year. Comment?
Tuesday Jun 28 | via Press & Sun-Bulletin
See 'zombie properties'? Call hotline The state has set up a hotline to report vacant and abandoned properties in neighborhoods. Check out this story on pressconnects.com: http://press.sn/28YwgMz The hotline was announced Tuesday after Gov. Andrew Cuomo last week signed legislation into law that will crack down on so-called "zombie properties." Comment?
Monday Jun 27 | via Housing Wire
While the U.S. Senate could soon consider new rules governing the maintenance of foreclosed homes and the glut of "zombie homes" that blight many communities throughout the country, the state of New York is taking the matter into its own hands. Late last week, New York Gov. Andrew Cuomo signed "sweeping" legislation to reform the state's foreclosure process and address the state's issues with zombie homes. Comment?
Monday Jun 27 | via The Washington Post
America's urban downtowns were neglected for decades, abandoned for newer malls in the suburbs and bigger homes on the edge of town. The construction of new highways helped speed their decline. Comment?
16 min ago | via Daily Political
The brokerage currently has $12.00 target price on the stock. According to Zacks, "In April, Annaly and Hatteras Financial Corp inked a merger deal under which the former will acquire the latter for $1.5 billion. Comment?
18 min ago | via AmericanBankingNews.com
According to Zacks, "Lloyds Banking Group plc, formerly Lloyds TSB Group plc, is a United Kingdom-based financial services company, whose businesses provide a range of banking and financial services in the United Kingdom and a limited number of locations overseas. Headquartered in London, the company operates through three segments: UK Retail Banking, Insurance and Investments, and Wholesale and International Banking. Comment?
20 min ago | via Zillow Blog
A lot of people think I'm crazy for buying a house by myself in the city. It comes up a lot in conversation. Comment?
21 min ago | via Business Wire
The Company declared a monthly cash dividend of $0.18 per common share per month for the months of July, August and September 2016, payable on July 29, August 31 and September 30, 2016, respectively, to stockholders of record on July 21, August 23 and September 22, 2016, respectively. LTC is a real estate investment trust that invests in seniors housing and health care properties primarily through sale-leaseback transactions, mortgage financing and structured finance solutions including mezzanine lending. Comment?
26 min ago | via Hospitality Net
Indeed, Sharia-compliant funds are providing an important source of cash for the London real estate market, with investors from Saudi Arabia, Kuwait and Qatar along with growing interest among investors in the United Arab Emirates and Bahrain, according to Claudio Sgobba, director in JLL's debt advisory team in London. He says about 60 percent of JLL's Gulf client base who invest in Germany and the UK requires Sharia-compliant investments and finance. Comment?
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