The Real Deal New York

Posts Tagged ‘eric schneiderman’

  • AG Settlement

    From left: Margaret Streicker Porres, 101 West 78th Street on the Upper West Side and Andrew Schneiderman

    The New York State Attorney General’s Office reached a settlement Monday with Margaret Streicker Porres’ Newcastle Realty Services, which made prohibited buyout agreements with tenants at an Upper West Side rental building. The settlement paves the way for Newcastle to resume conversion and condo sales at the property. [more]

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  • Eric Schneiderman

    Eric Schneiderman

    A law firm with offices in Brooklyn and Florida saw its fraudulent mortgage rescue practice shut down Wednesday when a New York State Supreme Court judge ordered it to halt its activities.

    Litvin Law Firm and Litvin, Torrens & Associates, led by attorney Gennady Litvin, had been charging customers across the country hundreds of dollars in monthly fees, typically $595 or $750, for services they claimed would help avoid foreclosure. [more]

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  • Trump University Eric Schneiderman

    From left: Donald Trump and Eric Schneiderman

    A battle between New York Attorney General Eric Schneiderman and Donald Trump is headed to court. [more]

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  • Schneiderman Broker Law

    From left: Lee Zeldin, Charles Lavine and Eric Schneiderman

    Attorney General Eric Schneiderman made a push Monday for the state’s real estate brokers to take advantage of a recent change to the state’s Real Property Law that allows brokers to rebate a portion of their commissions to clients.

    Schneiderman’s office issued an open letter to brokers licensed in the state, and encouraged buyers and sellers to negotiate to pay a lower commission. [more]

    23 Comments
  • Peter Moore Tribeca

    From left: Peter Moore and 39 Lispenard Street in Tribeca

    UPDATED, 10:19 a.m., April 14: Architect-turned-developer Peter Moore is banned from offering or selling real estate securities in New York state for six months, as part of a settlement with Attorney General Eric Schneiderman, the AG’s office said today. [more]

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  • Is Schneiderman cozy with the Trumps?

    March 05, 2015 11:50AM
    eric-donald-ivanka

    From left: Eric Schneiderman, Donald Trump and Ivanka Trump

    New York State Attorney General Eric Schneiderman is under investigation for allegedly soliciting illegal campaign contributions from the Trump family while insinuating that he would back down from his own consumer fraud investigation against Trump University. [more]

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  • Airbnb founders Nathan Blecharczyk, Joe Gebbia and Brian Chesky

    Airbnb founders Nathan Blecharczyk, Joe Gebbia and Brian Chesky

    The majority of Airbnb’s listings in New York City could be illegal, according to new data scraped from the highly popular home sharing website.

    More than 58 percent of listings in the city are for “entire” apartments or houses, according to the data, cited by Capital New York. The listings imply that nobody else would be living in the unit during the visitor’s stay. Of those full-home listings, about 10,000 are located on Manhattan. [more]

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  • From left: Margaret Streicker Porres and 101 West 78th Street

    From left: Margaret Streicker Porres and 101 West 78th Street

    The developer of a condo conversion on the Upper West Side has been forced to pause construction after allegedly forcing the rent-regulated tenants out of the building without offering them the option to buy their units. [more]

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  • s-and-p

    Martha Coakley and Eric Schneiderman

    Standard & Poor’s is close to a settlement with New York, the Securities and Exchange Commission and others over an investigation of how the financial services firm graded real estate bonds.

    The joint settlement with parties including New York Attorney General Eric Schneiderman and Massachusetts Attorney General Martha Coakley could be reached by next month, the Wall Street Journal reported, citing unnamed sources. [more]

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  • Eric Schneiderman

    Eric Schneiderman

    New York Attorney General Eric Schneiderman and attorneys general from 16 other states plan to request today that the U.S. Supreme Court uphold longstanding interpretations of the U.S. Fair Housing Act related to racial discrimination.

    Schneiderman and the others will appear in an amicus brief before the court to discuss the “disparate impact” claims to housing policies that usually directly impact racial minorities. [more]

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  • cuomo-affordable

    From left: William Murrow and Andrew Cuomo

    The nonprofit New York Housing Conference has proposed that New York Governor Andrew Cuomo create a $1 billion fund for affordable-housing capital.

    The fund, under the aegis of the state Homes and Community Renewal Agency, would offer credit enhancement or loans to developers. The fund would serve as a one-time expense, but all low-interest loans could go back into the fund for upcoming affordable-housing investments. [more]

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  • southbridge

    90 Beekman Street

    Southbridge Towers, a roughly 1,650-unit affordable housing complex in the South Street Seaport area, will officially go private, thus leaving the Mitchell-Lama program.

    The Division of Housing and Community Renewal concluded an investigation it began last month into the vote by tenants on the proposal to take the property private. The state agency said it found no fault with the voting margin. Two-thirds of residents at Southbridge Towers, which is located at 90 Beekman Street, voted to turn their subsidized co-ops into market rate apartments, as previously reported. [more]

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  • ira-shapiro

    Ira Shapiro and 361 Central Park West

    Updated 1:38 ETA controversial plan from developers Ira Shapiro and Joseph Brunner to convert the landmarked Crenshaw Christian Center was rejected by the preservation committee of Community Board 7 after concerns were raised about plans to punch dozens of apartment windows into the building’s granite façade. [more]

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  • From left: 720 West End Avenue and rendering for a new building on East 125th Street

    From left: 720 West End Avenue and rendering for a new building on East 125th Street

    New York Attorney General Eric Schneiderman’s office is stepping into a fight over whether The Salvation Army can sell a building used for senior housing on the Upper West Side. [more]

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  • From left: Sue Serino, Steven Spinola and Terrence Murphy

    From left: Sue Serino, Steven Spinola and Terrence Murphy

    It looks like New York City’s real estate industry got what it wanted this election season. [more]

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  • From left: Eric Schneiderman, Long Island College Hospital and Fortis CEO Jason Landau

    From left: Attorney General Eric Schneiderman, Long Island College Hospital and Fortis CEO Jonathan Landau

    The attorney general and the state’s comptroller signed off on SUNY’s sale of Long Island College Hospital to Fortis Property Group for $240 million. [more]

    2 Comments
  • 360-cpw

    From left: 360 Central Park West, Argo’s Mark Moskowitz, Steven Kirkpatrick and William Gribben

    New York State Attorney General Eric Schneiderman received complaints against a New York City developer who filed suit to deregulate 20 apartments at an Upper West Side condo conversion that previously received J-51 tax benefits, according to court papers obtained by The Real Deal. [more]

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  • Eric Schneiderman and Michel Pimienta (inset)

    Eric Schneiderman (Inset: Michel Pimienta)

    In an effort to eradicate so-called “tenant relocators,” Attorney General Eric Schneiderman reached the first agreement in his effort to end the practice of booting long-term residents out of their rent stabilized units. [more]

    5 Comments
  • trump

    Donald Trump and a Trump University textbook

    A Manhattan state Supreme Court judge found Donald Trump personally liable for knowingly running his now-defunct Trump University without a license.

    New York Attorney General Eric Schneiderman has filed a $40 million lawsuit against Trump over the university. That case is still ongoing. [more]

    11 Comments
  • Airbnb founders Nathan Blecharczyk, Joe Gebbia and Brian Chesky

    Airbnb founders Nathan Blecharczyk, Joe Gebbia and Brian Chesky

    UPDATED October 16, 10:30 a.m.: Almost three quarters of the city’s Airbnb rentals are in violation of zoning or other laws, according to a report that will be released today by Attorney General Eric Schneiderman.

    According to the report, commercial operators — rather than residents trying to make ends meet — manage more than a third of the units and account for more than a third of the revenue, according to the New York Times. The report found that 6 percent of the hosts made 37 percent of the revenue. [more]

    8 Comments
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