News

A subsidiary of New York Community Bank — the largest lender to New York rent-stabilized landlords — recently filed to foreclose on eight properties belonging to two of them. The building ...
When it was completed in 1930, the 1,046-foot building was briefly the tallest in the world. In recent years, it's fallen ...
The former headquarters of Bowery Savings Bank, a historic landmark in Lower ... who also designed the Washington Square Arch and branches of the New York Public Library, according to broker ...
The bank flagged that 14% of its $18 billion ... s $15 billion in loans that were backed primarily by New York rent-regulated buildings. Last autumn the agency finally unloaded the loans at ...
In 2019, L+M borrowed $12M from Signature Bank to finance the conversion of four rent-regulated units at the building that would split them into 12 apartments. However, in 2023, New York state ...
TF Cornerstone has deep roots in New York City’s hypercompetitive real estate industry and owns and operates 12,000 ...
which was also known as 4 New York Plaza. The machines’ air conditioning demands made windows “distinct liabilities,” the magazine wrote. The building changed hands through a series of bank ...
Leila Bezorg, New York City executive director for housing ... including Ellsworth’s suggestion the city build up a public land bank of such properties. Buildings whose conditions are so dire they are ...
With an appraised value of one-third of what it was, the building owned by Livonia-based Schostak Bros. & Co. is underwater with a remaining balance of $17.2 million on its $21.5 million CMBS loan, ...
The bank is building capital to protect against potential ... The bank brought in a new executive management team and raised more than $1 billion through the issuance of new shares.