Ridge Real Estate News
Real Estate news for Ridge, NY continually updated from thousands of sources.
Wednesday Jan 11 | via Long Island Business News
The priciest Suffolk condo sold in December was a 2-bedroom, 2-bath condo at 114 Madeira Blvd. in The Greens in Melville that sold for $1.05 million in cash. It was listed by independent broker Ilene Krupnick Kogen and sold by Sharyn Hyman and Barbara Tomko of Laffey Fine Homes of Woodbury. Comment?
Monday Jan 9 | via Long Island Business News
There were 2,019 homes contracted for sale in Nassau and Suffolk counties last month, down 10.7 percent from 2,259 pending sales in November and a 2.4 percent decline from Dec. 2015, according to preliminary numbers from an online real estate database. The biggest year-over-year drop in pending home sales was in Nassau, where 901 homes were contracted for sale last month, down 5.8 percent from the 956 pending sales recorded in Dec. 2015. Comment?
Monday Jan 2 | via Shelter Island Reporter
AMBROSE CLANCY PHOTO The Town Board in session December 28. From left, Councilwoman Chris Lewis, Councilman Paul Shepherd, Supervisor Jim Dougherty, Councilman Jim Colligan, Councilwoman Mary Dudley and Town Clerk Dorothy Ogar. At the last Town Board meeting of 2016 on December 28, the board unanimously passed a resolution to set a public hearing for January 27 on purchasing "4.5 acres of property at Burns Road a from the Shelter Island Meeting of Religious Society of Friends for the bargain sale price of $25,000." Comment?
Sunday Jan 1 | via Newsday
If you used an Optimum login , click the Connect Account button to use your Optimum login info to manage your Newsday subscription account. If you used a Newsday login , it looks like it's not connected to an active subscriber account. Comment?
Saturday Dec 24 | via Denton Publications
PLEASE TAKE NOTICE, that on the 7th day of December, 2016, the Controller, hereinafter, the Enforcing Officer, of the City of Glens Falls, hereinafter the Tax District, pursuant to Law filed with the Clerk of Warren County, a Petition of Foreclosure against various parcels of property for unpaid taxes. The above-captioned Proceeding is hereby commenced to enforce the payment of the 2015 delinquent taxes or other lawful charges, which have accumulated and become liens against certain property. Comment?
7 hrs ago | via Jurist
The Federal Deposit Insurance Corp [official website] brought suit in 2012 against five defendants: Credit Suisse Group , Deutsche Bank , Royal Bank of Scotland Group , UBS and HSBC [corporate websites]. The suit was filed on allegations that the banks violated a federal securities law when selling $140.5 million in mortgage-backed securities in 2007 and 2008 to two banks that later failed as a result, Citizens National Bank and Strategic Capital Bank. Comment?
Dec 6, 2016 | via Reuters
The New York attorney general's office is investigating reverse-mortgage servicing companies, including a unit of the bank Treasury Secretary nominee Steve Mnuchin ran, according to a person familiar with the matter. Financial Freedom, a unit of OneWest bank, is being probed over alleged complaints it deliberately targeted seniors with dementia and other memory-loss related issues, among other things, the person said. Comment?
15 hrs ago | via Reuters
Jan 18 A U.S. appeals court on Wednesday revived a lawsuit by the Federal Deposit Insurance Corp against five banks including Credit Suisse Group AG stemming from the sales of mortgage-backed securities ahead of the 2008 financial crisis. The 2nd U.S. Circuit Court of Appeals in New York ruled that a lower-court judge had erred in dismissing the FDIC lawsuit, which also named units of HSBC Holdings Plc, Royal Bank of Scotland Group Plc, UBS AG and Deutsche Bank AG as defendants. Comment?
16 hrs ago | via The Armonk Daily Voice
A bold move by American business magnate Warren Buffett shook up the Hudson Valley real estate industry Tuesday when his company, HomeServices of America, Inc., acquired Houlihan Lawrence. Houlihan Lawrence serves Westchester, Fairfield, Putnam, Dutchess, Orange and Ulster counties of New York and Connecticut with 1,300 sales associates operating in 30 sales offices. Comment?
Tuesday | via Reuters
The U.S. Supreme Court on Tuesday allowed private antitrust lawsuits brought by investors including big U.S. cities accusing major banks of conspiring to manipulate the pivotal Libor benchmark interest rate to move forward. The justices rejected an appeal filed by a group of banks including Bank of America Corp of a May 2016 ruling by the New York-based 2nd U.S. Circuit Court of Appeals that allowed various lawsuits against them to proceed. Comment?
24 min ago | via Live Charts
Janet Yellen, the chairman of the US Federal Reserve, said the economy had come a long way in recovering from the 2008 financial crisis and that she and her colleagues expect the central bank to raise interest rates "a few times a year" until 2019. Ms Yellen also warned that waiting too long to raise rates could risk a "nasty surprise" down the road, but that increasing interest rates too rapidly would push the economy into a new recession. Comment?
29 min ago | via The Washington Post
Lloyds Banking Group Plc, Britain's largest mortgage lender, is set to pick Frankfurt as its base to maintain access to the European Union's single market following Brexit, according to a person with knowledge of the matter. The U.K. bank will choose to convert its German branch into a subsidiary and plans to apply for an extension to its banking license, said the person, who asked not to be identified because the details aren't public. Comment?
32 min ago | via Silicon Alley Insider
JP Morgan CEO Jamie Dimon believes that more jobs than previously expected may have to be moved out of the UK as a result of Britain leaving the EU. Speaking at the World Economic Forum in Davos, Switzerland, Dimon told Bloomberg that the bank could be forced into shifting staff elsewhere in Europe or to its New York offices because the UK is leaning toward a so-called "Hard Brexit." Comment?
37 min ago | via Radio Prague
The upper house of parliament, the Senate, has voted for local councils to be given increased rights over the management of national parks. Other changes to the existing rules, including changes to rights to buy land and increasing the areas where logging is banned, were not backed following a four hour debate in the house. Comment?
37 min ago | via Radio Prague
The Ministry of Interior has rejected claims from four out of five Czechs kidnapped in Lebanon to compensation totalling 40 million crowns. The four maintain that the Czech state failed to prevent their kidnapping due to botched cooperation between intelligences services. Comment?
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