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A member of the city's Coney Island Development Corp. has been quietly living in a beachfront building rent-free on the taxpayer's dime, thanks to a $3.6 million sweetheart deal he cut last year with the Bloomberg administration, the Post has learned....
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The NYC Economic Development Corporation, the agency "responsible for promoting economic growth throughout New York City through real estate development programs, business incentives and more", owes $4.5 million in unpaid water and sewer bills from the past 22 years....
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Families from Across the State: Albany Business As Usual Means We’ll Lose Our Homes - We Can’t Wait Any Longer...
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More top Midtown office space opened up in May as the Class A vacancy rate there rose for monthly and annually. The rate increased from 6.5 percent in April to 7.1 percent, according to a new report from Colliers ABR....
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The stunning $2.8 billion second-quarter loss Lehman Brothers Holdings Inc. announced Monday stemmed in part from two big real-estate investments made at high prices near the top of the market that are coming back to bite the investment bank....
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Despite banks’ reactions to the foreclosure crisis, it’s still possible for a potential homeowner to buy with no money down.
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As the race for the presidency shapes up as a contest between Sen. John McCain, the presumptive Republican nominee, and Sen. Barack Obama, who will claim the Democratic nomination....
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Forced out of office by a sex scandal, former New York governor Eliot Spitzer is reportedly considering his next act — in distressed real estate...
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Lenders slash prices to dump foreclosures, days of multiple offers return...
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By April, 2009, hundreds of thousands of option ARM mortgages will begin resetting, bringing on a fresh wave of foreclosures...
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Foreclosure prevention is a messy business - more art than science. Here, an inside look at why some people get a loan workout and others don't....
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If you're putting your home on the market, you may want to rethink those plans to bump out the kitchen or add an extra bath....
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Mortgage buyer chief Richard Syron tells shareholders the company's earnings will grow 15% to 20% this year, but not before taking $6 billion hit from bad mortgages....
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Despite recent announcements that the chain had seen growth in the last year, reports now indicate that the two Virgin Megatore's in New York will be closing during the first quarter of 2009....
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The sellers are Joy and Leonard Toboroff, the 74-year-old vice chairman of a Houston-based oil/gas-drilling outfit named Allis-Chalmers Energy. They got the place a few years ago from Tom Freston, the felled MTV and Viacom chief....
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