New figures released by the Federal Reserve Bank of New York show mortgage lending is running at its lowest level in 13 years, with 2014 on pace to be the weakest for new loans since 2000. continue reading
A group of New York investors has bought the majority interest in San Francisco’s Parkmerced from private-equity firms Fortress Investment Group and Rockpoint Group in a deal that values the sprawling housing development at more than $1.35 billion. continue reading
Alma Realty’s massive Astoria Cove project in Queens has passed the muster of the New York City Council. The development team agreed to rely entirely on union labor for construction and to allot about 460 – or 27 percent — of the 1,723 apartments for affordable housing, the New York Observer reported. Alma also said it would renovate a nearby park and include a new public school and grocery store on the site. “Now we have ... [more] continue reading
Showing 1–5 out of 141 | « Previous | Next » | 5, 10, or 20 at a time.