The Federal Home Loan Bank of New York (FHLBNY) announced a $225 million investment in a New York City Housing Development Corporation (HDC) bond issuance designed to create, rehabilitate, or preserve 6,320 units of affordable housing across an array of HDC’s housing...
A New York City personal trainer was indicted for allegedly stealing over $100,000 from at least eight prospective tenants in a rental housing scam. According to the charges brought against him, 35-year-old Jerry Genesis falsely represented that he had apartments...
Homebuyers not shopping for the best mortgages, foreclosure levels on the rise, and Zohran Mamdani’s very un-socialist new home. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Dec. 8-12. Miss: A Missed Opportunity. A new...
A New York City man pleaded guilty in US District Court in Bangor, Maine, to submitting a false mortgage loan application and illegally maintaining a marijuana-involved premises. According to court records, Ken Yiu, purchased a house in Saint Albans, Maine, using an...
New York City Mayor-elect Zohran Mamdani and his wife, Rama, will take up residence in Gracie Mansion, the official residence for the mayor, after he is sworn into office on New Year’s Day. According to combined media reports, Mamdani will be trading in his...