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The association that represents the rent-to-own industry said it's happy to work on increased regulation with U.S. Sen. Charles E. Schumer, who attacked the businesses Wednesday for allegedly deceitful practices....
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Elected officials and housing advocates are calling on the city to shut down hundreds of illegal hotels. ...
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It would seem as though Mayor Michael Bloomberg’s
proposal to dump the rule that requires the Buildings Department commissioner be a licensed engineer or architect doesn’t have much support from those in the industry....
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The financially strapped New York City Housing Authority has kept thousands of units empty for years despite a list of nearly 130,000 low-income New Yorkers waiting for an apartment....
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Federal Reserve Vice Chairman Donald Kohn warned that the U.S. banks are likely to writedown more assets and show weak earnings in the coming quarters over bad loans....
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Other than contemplate the ongoing federal probe over his prostitute habit, what does former Gov. Eliot Spitzer do with himself all day? Punches the clock at his dad's real estate company, it turns out. ...
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Okay, enough of the whole, “look at the really rich celebrity getting caught up in the foreclosure crisis! thing. Seriously....
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New York City Mayor Michael Bloomberg on Wednesday proposed measures to make construction safer, including bigger fines, improved tracking of contractors across different sites and the power to stop work by faulty companies....
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Toll Brothers head says market could fall by 20% and recovery could be up to three years away....
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Kings County District Attorney Charles Hynes Wednesday announced the indictment of several people involved in unrelated mortgage and real estate frauds, and used the opportunity to highlight some features of the real estate industry that allow for such scams, and to help prevent future homebuyers from being victims....
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Renters may be the biggest winners in the current housing slump, especially in places like Florida, Las Vegas and Southern California, that have thousands of vacant for-sale and foreclosed homes and condos on the market....
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Adam Epstein of Site Analytics, a New York-based firm that helps chains analyze data to choose new locations, says he does sometimes observe a "snowball effect," in which the creation of a subdivision gives a particular retailer the confidence to site a store nearby, which in turn boosts demand for houses, which draws in more retailers, etc....
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If people actually behaved like the actors in the commercials, you might soon hear some of your friends and neighbors saying "I saved a bunch on my real estate commissions." And after that it could be "I saved a bundle on my financial planning."...
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While most of the United States has suffered a housing slump over the past two years, home prices in New York's Manhattan have been largely unscathed, propped up by demand from Wall Street bankers and the island's limited housing supply....
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Ed McMahon, below, Johnny Carson’s former sidekick on "The Tonight Show" and the former host of "Star Search", is said to face foreclosure on his multimillion-dollar Beverly Hills house, above, because he is $644,000 behind in payments....
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