The chief executive of a New York City housing nonprofit was arrested and jailed for failing to complete repairs at a Harlem apartment building owned by the organization. The Gothamist reports Malcolm Punter, president and CEO of Harlem Congregations for Community...
A “pied-à-terre tax” aimed at New York City’s wealthiest property owners, the Wall Street Journal slams home builders, and a Massachusetts town rejects a 50% property tax hike. From the wild and wooly world of real estate, here are our Hits and Misses for the week of...
Coldwell Banker Reliable Real Estate, formerly the largest Coldwell Banker franchise affiliate in New York City, has left the franchise brand to launch the independent brokerage MYNY. “After 18 years in a franchise system, we made the decision to build something...
Thor Equities, a real estate development, leasing, and asset management firm, announced its acquisition of 1165 Broadway, a 58,000-square-foot, mixed-use office and retail property in New York City, for $56 Million. Located in Manhattan’s NoMad District, the property...
The recent sentencing of New York real estate attorney Bryan McKenna is more than just another fraud headline—it’s a cautionary story that hits directly at the core of the real estate industry: trust in escrow and fiduciary responsibility. The Case, Simplified...
PenFed Mortgage Originations Rise 65% to $1.7 Billion Through September
