Manhattan Real Estate News
Real Estate news for Manhattan, NY continually updated from thousands of sources.
22 hrs ago | via Windsor Beacon
NEW YORK a?? Our Lady of Vilnius Church, built by families of immigrant Lithuanian longshoremen, started out a century ago as a beloved worship space. Now, it's a coveted real estate asset. Comment?
Yesterday | via Business Wire
At the time, a master lease for the residential portion of building was already in place with BridgeStreet Corporate Housing, a corporate-housing provider. In late 2011, CIM took control of the property through foreclosure and negotiated a new lease with BridgeStreet in early 2012, with provisions that CIM believed would allow the building to be operated in compliance with the terms of the 421-a program. Comment?
Thursday | via The Washington Post
Bank of America Corp. and Wells Fargo & Co. are providing new debt against Manhattan's MetLife Building in a deal that values the tower at almost $3 billion, according to people familiar with the transaction. Comment?
Thursday | via The New York Observer
Renovated townhouses and sky-high penthouses represent the order of the day for no-limit buyers; do lesser dwellings deserve the "luxury" brand? On every day of every week, communications arrive in our inbox from the offices of landlords, brokers and public relations agents touting new and forthcoming residential real estate developments, mostly in Manhattan and Brooklyn. With few exceptions, these developments are billed as "luxury." Comment?
Saturday Feb 21 | via Crain's New York Business
A new Dr. Seuss book, What Pet Should I Get? , will be published by Random House Children's Books in July. A federal judge handed down a David vs. Goliath ruling last week in a five-year-old case that elicited a cheer from small merchants. Comment?
Yesterday | via Business Wire
The report is available at 'www.fitchratings.com'. Additional information is avail... )--Apollo Commercial Real Estate Finance, Inc. today announced the Board of Directors set March 9, 2015 as the record date for the Compan... )--The New York Society of Security Analysts is saddened by the passing of Irving Kahn, a pioneering investor and original member of NYSSA. Comment?
Yesterday | via The Washington Post
The company's shares dropped 13 percent to $8.51 as of 12:48 p.m. in New York trading, the most since Jan. 23. Wells Fargo & Co., the trustee for the transactions, said in letters to investors this week that a majority of bondholders had directed it to terminate Atlanta-based Ocwen from working on the deals, which include about $260 million of loans, or less than 0.2 percent of its business related to mortgages without government backing, according to data compiled by Bloomberg. While the immediate financial impact is likely to be small, the action signals a risk of additional moves to fire Ocwen by investors or trustees, according to reports by Keefe Bruyette & Woods Inc. and Compass Point Research & Trading LLC analysts. Comment?
Wednesday Feb 18 | via Crain's New York Business
CREW New York, the largest group for professional commercial real estate women in New York City, will host its monthly luncheon with notable keynote speakers focusing on collaboration in the commercial real estate industry. Please join guest speakers Paul Massey, Ron Lo Russo and Robert A. Knakal as they discuss Cushman & Wakefield's successful acquisition of Massey Knakal and what it means for New York City's commercial real estate market. Comment?
Wednesday Feb 25 | via Mortgage News Daily
The Home Price Index report issued this week by Black Knight Financial Services shows the December national index at $241,000, a -0.1 percent change from November. The HPI has increased by 4.6 percent since December 2013, and is now 10.2 percent below the peak of $268,000 it stablished in June 2006. Comment?
Wednesday Feb 25 | via Seeking Alpha
Most community banks struggle for a sliver of market share. Outgunned by Wells Fargo and Bank of America, small financials have steadily lost to their far larger brethren. Comment?
57 min ago | via Daily Mail
'Take your time to grieve properly': Kyle and Jackie O shave SIX MONTHS off a listener's mortgage after hearing about the death of her teen son and her battle to pay the bills On last week's show, the Kiis FM stars out-did themselves in their Kyle and Jack Give Back segment, lavishing one listener, Michelle, with a very special gift following the death of her 19-year-old-son. Comment?
20 hrs ago | via The Campbell Reporter
April 15 is still a ways away, but a growing number of Americans may be surprised to learn that someone has already filed their tax returns for them -- and also made off with their tax refunds. "It is a massive problem," said Brian Krebs, an investigative reporter who runs a globally watched cybersecurity website. Comment?
19 min ago | via KHGI
A 44-year-old Omaha real estate agent accused of running a sports bookmaking operation has been sentenced to three years' probation for federal tax evasion. Todd Bartusek had faced up to five years in federal prison when he was sentenced Friday in Omaha's U.S. District Court. Comment?
28 min ago | via St. Augustine Record
Davidson Realty will offer Career Opportunity open house from 6:30 to 8 p.m. Thursday at the Davidson offices in World Golf Village. Attendees will receive information about licensing processes, expenses and insights from Davidson's agents about life as a Realtor. Comment?
36 min ago | via WCBM-AM Pikesville
Who are these Obama voters? They can't all have head injuries, have been in a coma for the past 4 years, or own stock in an electric car battery company. Besides having "stupid" stamped on their forehead, here's a handy guide identifying these clueless creatures. Comment?
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