Brooklyn Real Estate News
Real Estate news for Brooklyn, NY continually updated from thousands of sources.
Saturday Oct 10 | via New York Magazine
As record-breaking sales continue, the borough has become a choice, rather than a priced-out-of-Manhattan necessity and Queens is rising too. For as long as there have been rivalries, Manhattan has often been presented as the place where people would rather live, and the other boroughs honorable mentions that will do nearly as nicely. Comment?
Thursday Oct 8 | via The Real Deal
Beastie Boy Mike D's work appears to have paid off, at least when it comes to his Cobble Hill townhouse. The five-bedroom home at 148 Baltic Street was the top sale in Brooklyn last month, selling for $5.5 million, according to data provided by PropertyShark. Comment?
Wednesday Oct 7 | via SILive.com
A disbarred Staten Island lawyer was indicted Wednesday for allegedly stealing over $1 million through phony real estate deals in Brooklyn. Domenick Crispino, 52, of Main Street, Tottenville, was arraigned on a 21-count indictment Wednesday in Brooklyn Supreme Court for his "elaborate schemes," which ripped off an investor, potential home buyers and a title insurance company, according to a statement by Brooklyn District Attorney Ken Thompson's office. Comment?
Wednesday Oct 7 | via DNAInfo.com
A disbarred Staten Island lawyer who spent time behind bars for fraud before co-hosting a radio show called "Dealin' Straight" is in trouble with the law again - stealing more than $1 million from owners and potential buyers of homes in Brooklyn while posing as an attorney, prosecutors said. Dominick Crispino, 52, of Tottenville, was indicted on 21-counts, including grand larceny and practicing law without a license, in Brooklyn Federal Court on Wednesday afternoon for posing as a lawyer and swindling the owners of two homes out of money, according to the Brooklyn District Attorney's office. Comment?
Wednesday Oct 7 | via The Real Deal
Aptsandlofts.com founder David Maundrell will assume the new role of executive vice president and lead new development deals in Brooklyn and Queens. Terms of the deal were not disclosed, but Williamsburg-based aptsandlofts.com , with more than 110 agents and staff, will now operate under the Citi Habitats name. Comment?
Friday Oct 9 | via AmericanBankingNews.com
According to Zacks, "Berkshire Hills Bancorp, Inc. is a bank holding company. Through its subsidiaries, the company is engaged as a community bank that accepts retail deposits from the general public in the areas surrounding its full-service banking offices and uses those funds,together with funds generated from operations and borrowings, to originate residential mortgage loans, commercial business and real estate loans and consumer loans, primarily indirect automobile loans. Comment?
Friday Oct 9 | via Grand Island Pennysaver
Since 2012, attorney general's foreclosure prevention and relief programs have helped more than 50,000 New York families fight to keep their homes Earlier this week, New York Attorney General Eric T. Schneiderman announced $11.5 million in new funding for more than two-dozen legal services organizations statewide to help prevent foreclosures, keep families in their homes, and rebuild communities hit hardest by the housing crash. Awards will be granted to 28 legal services providers with proven track records of providing services to at-risk homeowners. Comment?
Thursday Oct 8 | via The Real Deal
The premise of "The Closing" interview is simple: each month, sit down with an individual who not only made it to the summit of the New York real estate industry, but through a combination of skill, grit, and chutzpah, shaped it. The interviews have endured because they are so personal: they go beyond the deals and reveal what makes the dealmaker tick. Comment?
Wednesday Oct 7 | via Finance and Commerce
The Dallas-Fort Worth area of Texas, prized for its diverse job market and success luring companies that are relocating, ranked as the top area for commercial-property investment in a survey of almost 1,500 real estate executives, according to a report Wednesday by the Urban Land Institute and PricewaterhouseCoopers LLP. Austin, Texas, and Charlotte, North Carolina, followed - while the big coastal cities of New York, San Francisco and Boston, traditional magnets for buyers, were deemed less attractive. Comment?
Monday Oct 5 | via Reuters
MONTERREY, October 05 The supply of mortgage loans in Mexico has diversified in recent years, underpinned by a more competitive environment, the low level of interest rates, a gradual recovery of the construction sector, and the current housing needs in Mexico, according to a new Fitch Ratings dashboard report. The report also discusses key factors affecting the credit profiles of main participants in the industry. Comment?
14 min ago | via Seeking Alpha
But here's my question: what makes him think that the Fed can engineer 4 percent inflation right now? And what would it take? I ask this because it's conventional wisdom that a central bank can engineer any level of inflation it wants if it's sufficiently committed and credible about it. And that's true. Comment?
16 min ago | via Inman News
We'll add more market news briefs throughout the day. Check back to read the latest. Comment?
33 min ago | via NWAonline
On Saturday Night Live , cast member Cecily Strong skillfully plays a recurring clueless character: Girl You Wish You Hadn't Started a Conversation With at a Party. With an intensity matched only by her inebriation, she delivers eye-roll-worthy observations and opinions about the world, like "There are homeless people who can't even pay their mortgages!" and "People who are orphans are twice as likely not to have parents!" and "There are high school students who can't even point out India on a map of Africa." Comment?
56 min ago | via SouthCoastToday.com
A bill aimed at increasing legal protections for people who buy foreclosed homes is working its way through the state legislature, but faces criticism from opponents who say it would disproportionately harm minorities. “This really is a consumer protection bill,” said the proposal's sponsor, state Sen. Michael Moore, D-Millbury. Comment?
59 min ago | via Salt Lake Tribune
The end of seven years of easy-money Federal Reserve policies may derail a U.S. auto boom fueled by cheap debt, a group of economists said in a recent report. One of the researchers is warning it could also push lenders into making even riskier loans in order to keep cars moving off dealer lots. Comment?
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