The Real Deal New York

Posts Tagged ‘eric schneiderman’

  • 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]

    1 Comment
  • 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]

    4 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]

    10 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
  • mirada

    Eric Schneiderman and 161 East 110th Street in Harlem

    The developers of the Mirada condominium in Harlem have been barred from selling condo or co-op units as part of a settlement over fraud charges, according to a spokesperson for the New York Attorney General’s office. [more]

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  • ESB-and-Leona

    Empire State Building and Leona Helmsley

    The New York Attorney General’s office has delayed a $100 million payout being sought by the executors of real estate heiress Leona Helmsley’s estate amid an investigation.

    In June, the four men requested $25 million apiece for seven years of service, including management of a portfolio of 84 buildings in 17 states and the settlement of several lawsuits. Schneiderman has assigned a charity division to review documents showing how the executors handled $5.4 billion in assets over the next several months. The executors and Schneiderman are expected to meet again in court in November. [more]

    2 Comments
  • New York Attorney General Eric Schneiderman

    New York Attorney General Eric Schneiderman

    The New York state Attorney General’s office is taking a second look at rules designed to protect new-condominium buyers after the real estate industry balked at a set of directives the AG sent out earlier this year.

    In August, Attorney General Eric Schneiderman’s office circulated a memo to developers providing guidance as to how the office interpreted state laws requiring sponsors to hold buyers’ deposits in escrow until a building is completed. About seven weeks later, however, the AG’s office pulled an about-face and suspended the memo’s prescriptions. [more]

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  • From left: Eric Schneiderman and Airbnb founders Nathan Blecharczyk, Joe Gebbia and Brian Chesky

    From left: Eric Schneiderman and Airbnb founders Nathan Blecharczyk, Joe Gebbia and Brian Chesky

    Lawyers for Airbnb this week asked a Manhattan Supreme Court judge to partially dismiss claims filed by a group of hosts seeking to block the handover of personal data by the short-term rental site. [more]

    7 Comments
  • New York Attorney General Eric Schneiderman

    Eric Schneiderman

    From the South Florida site: New York Attorney General Eric Schneiderman accused a Miami law firm and its Brooklyn affiliate with running a fraudulent mortgage rescue scheme.

    The lawsuit names Miami-based Litvin, Torrens & Associates, Brooklyn-based Litvin Law Firm and attorney Gennady Litvin, according to the South Florida Business Journal. Litvin has denied all the allegations. [more]

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  • reg

    Ed Josephson and 2401 Davidson Avenue in the Bronx

    New York state Attorney General Eric Schneiderman announced today that his office has reached a settlement with Colonial Management over the company’s maintenance of 42 rent-regulated buildings in New York City – and its treatment of tenants at those properties. [more]

    1 Comment
  • Airbnb will not release user info to AG

    September 06, 2014 05:15PM
    From left: Airbnb founders (Photo: Business Insider) and Eric Schneiderman

    From left: Airbnb founders (Photo: Business Insider) and Eric Schneiderman

    Following a lawsuit involving more than two dozen New York Airbnb hosts, Airbnb has decided not to disclose personal information about its users to the Attorney General’s office. [more]

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  • New York Attorney General Eric Schneiderman

    New York Attorney General Eric Schneiderman

    Home Affordable Direct, a Farmingdale, N.Y., firm, is facing allegations by New York State Attorney General Eric Schneiderman that it defrauded struggling homeowners in a scheme to collect advance fees as part of a home loan modification business.

    The attorney general, in a petition filed Tuesday in Manhattan Supreme Court, asked the court to block Home Affordable Direct from doing business until it deposits $2 million in escrow, hands over customer files and pays restitution to customers. [more]

    3 Comments
  • Bank of America and New York Attorney General Eric Schneiderman

    Bank of America and New York Attorney General Eric Schneiderman

    New York will receive an $800 million chunk of a national $16.65 billion settlement with Bank of America, state Attorney General Eric Schneiderman announced today.  [more]

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  • New York Attorney General Eric Schneiderman

    New York Attorney General Eric Schneiderman

    Three New York City brokerages agreed to pay penalties and change their policies to settle an investigation by the New York attorney general’s office into their alleged rejection of clients and applicants who receive government assistance.

    New York Attorney General Eric Schneiderman announced the settlement today with Absolute Properties, Brownstone Real Estate and Destination Real Estate. [more]

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