Items Tagged with 'New York'

ARTICLES

Brooklyn man accused of posing as real estate agent, swindling prospective client

Rented out an apartment he didn’t own
A Brooklyn man is currently in police custody after being arrested for posing as a real agent and swindling a prospective client out of thousands of dollars. According to a report from CBS New York, Nassau Country police arrested 33-year-old James Cadet for allegedly renting out an apartment he didn’t own and stealing more than $2,000 in the process.
Read More

Nassau County real estate fee hikes delayed until Jan. 4, 2016

New fees expected to bring in $35.6 million in revenue
Earlier this month, Nassau County, New York, which includes Long Island, enacted a series of significant real estate fee increases that were put in place to offset a budget shortfall. Now, thanks in part to lobbying efforts by the New York State Land Title Association, the Nassau County Legislature elected to delay the implementation of the new fees until Jan. 4, 2016.
Read More

New Yorker threatens to become war journalist to stop mother selling his home

You really can’t make this stuff up
A New York man is currently fighting to retain his ownership of a well-known building that he inherited from his mother, but not before allegedly threatening to go to extreme lengths to keep her from selling the building, reportedly telling her that the sale of the building would leave him homeless, drive him to commit suicide, or perhaps even worse, to become a journalist.
Read More

NewDay Financial banned from all lending in New York

Widespread cheating on licensing exams leads to third major sanction against lender in 2015
NewDay Financial, already punished this year by the Consumer Financial Protection Bureau for its business practices and by the Multi-State Mortgage Committee for widespread cheating on licensing exams, is now completely banned from lending in the state of New York due to that same cheating on licensing exams.
Read More

Major New York real estate firm fined for civil rights violations

Feds: The Durst Organization must make all rental buildings fully accessible
A major New York real estate developer repeatedly built massive rental apartment buildings that were inaccessible to people with disabilities, Preet Bharara, the United States Attorney for the Southern District of New York, said Tuesday.
Read More

Inside the battle for the soul of New York's top financial regulator

Why NYDFS has no leader, no direction
Pushes from Wall Street and Capitol Hill’s most ardent Wall Street opponent have launched a battle over the direction, reach, and power of New York’s top financial regulator, leaving the New York Department of Financial Services without a leader or a direction. Will the NYDFS continue to be a fiercely zealous regulator with long reach and serious clout, or will the NYDFS become more of a friend than a foe to Wall Street?
Read More