The Real Deal New York

Posts Tagged ‘eric schneiderman’

  • airbnb-founders (1)

    Airbnb founders

    Home-rental startup Airbnb is close to talks for funding that would value the company at $10 billion.

    TPG Capital, a private-equity firm based in both Texas and California, is expected to be the dominant investor. The round of fundraising could reach $500 million. Dropbox and Chinese cell-phone manufacturer Xiaomi were the biggest of the 21 companies that raised new funds in the last year that pegged their valuation at $1 billion or more, the Wall Street Journal reported. The value for Airbnb has grown four-fold in a two-year period. [more]

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  • From left: Shaya Boymelgreen, Eric Schneiderman and Lev Leviev

    From left: Shaya Boymelgreen, Eric Schneiderman and Lev Leviev

    UPDATED, 5:22 p.m., Feb. 28: New York Attorney General Eric Schneiderman said that developers Jeshayahu “Shaya” Boymelgreen and Africa Israel Investments Ltd., led by billionaire Lev Leviev,have been temporarily banned by a Manhattan Supreme Court order from transacting any coop and condo sales. The ban was put in place pending a fraud investigation into dealings at the Downtown Condominium at 15 Broad Street. [more]

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  • mirada-schneiderman

    161 East 110th Street and Eric Schneiderman

    The developers of the Mirada condominium in Harlem have reached an agreement with State Attorney General Eric Schneiderman to avoid a contempt charge — if they make the required repairs and obtain a permanent certificate of occupancy at the property.

    The developers, Joseph Scarpinito and Shiraz Sanjana, have agreed to deposit $200,000 into an escrow account and make repairs to stop flooding and other defects at the 161 East 110th Street condo, which are required to obtain a certificate of occupancy from the city Department of Buildings. [more]

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  • From left: Gov. Andrew Cuomo, JPMorgan Chase and Attorney General Eric Schneiderman

    From left: Gov. Andrew Cuomo, JPMorgan Chase and Attorney General Eric Schneiderman

    New York Attorney General Eric Schneiderman’s move to dole out at his own discretion the Empire State’s portion of a $13 billion settlement with JPMorgan Chase has sparked criticism from the governor. [more]

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  • From left: Eric Schneiderman and Donald Trump

    From left: Eric Schneiderman and Donald Trump

    WEEKENDEDITION Donald Trump has emerged victorious from a $40 million court battle with Attorney General Eric Schneiderman. In true Trump fashion, the developer took to twitter following the Manhattan Supreme Court judge’s ruling, calling Schneiderman as a “lightweight” who “just got his ass kicked.”  [more]

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  • mirada-schneiderman

    161 East 110th Street and Eric Schneiderman

    Two developers and a lawyer involved with the 68-unit Mirada condominiums in Harlem have been temporarily banned from developing apartments in the state and ordered to set aside $3.2 million, pending a court case over alleged defects at the project, a spokesperson for New York State Attorney General Eric Schneiderman told The Real Deal. [more]

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  • From left: Donald Trump, Eric Schneiderman, Ivanka Trump and Jared Kushner

    From left: Donald Trump, Eric Schneiderman, Ivanka Trump and Jared Kushner

    The Donald has accused New York State Attorney General Eric Schneiderman of violating ethics and conflict-of-interest laws for allegedly cozying up to his daughter Ivanka and her husband real estate mogul Jared Kushner while pursuing claims against Trump University. [more]

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  • From left: Eric Schneiderman and Donald Trump

    From left: Eric Schneiderman and Donald Trump

    Barely missing a beat between sharp-tongued attacks on New York State Attorney General Eric Schneiderman, the Donald has filed court papers mocking his adversary for luring 97 alleged victims out of the woodwork with promises of cash payouts. [more]

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  • airbnb-founders

    From left: New York Attorney General Eric Schneiderman and Airbnb founders Nathan Blecharczyk, Brian Chesky and Joe Gebbia

    WEEKENDEDITION A crackdown on short-term rental sites like Airbnb by New York Attorney General Eric Schneiderman may supply inappropriate data regarding the habits of thousand of vacationers to the government, according to Future of Privacy Forum, a Washington think tank. [more]

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  • Airbnb's New York City page

    Airbnb’s New York City page

    Airbnb has garnered new soldiers in the fight against New York State Attorney General Eric Schneiderman’s subpoena demanding information about the site’s users: civil liberties groups. [more]

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  • Airbnb's New York City page

    Airbnb’s New York City page

    New York Attorney General Eric Schneiderman, with Airbnb in its crosshairs, is primarily focused on the allegedly millions of dollars users owe in taxes. And there are plenty of dollars that stand to be gleaned, according to new figures Airbnb provided to the AG’s office. [more]

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  • Eric Schneiderman and Hurricane Sandy flooding

    Eric Schneiderman and Hurricane Sandy flooding

    New York State Attorney General Eric Schneiderman said Thursday that his office would be vigilant in ensuring that about $575 million in Hurricane Sandy aid would reach victims and be spent appropriately.

    “We have been dogged about making sure that when they raise money and tell the world they are going to spend it on Sandy recovery, they in fact spend it on Sandy recovery,” Schneiderman said, speaking at a shuttered Long Island home. [more]

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  • Holiday Inn Express at 625 Union Street

    Holiday Inn Express at 625 Union Street

    A Holiday Inn Express hotel in Gowanus, Brooklyn that exploited guests who were displaced during Hurricane Sandy by more than doubling room rates during the storm was fined $25,000 for price-gouging.

    Though rates at the hotel at 625 Union Street  range from $155 to $177 per night, the Holiday Inn charged guests over $400 a night immediately following the storm, which left thousands of New Yorkers homeless or stranded, according to New York Attorney General Eric Schneiderman. [more]

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  • Airbnb founders Nathan Blecharczyk, Joe Gebbia and Brian Chesky

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

    AirBnB is moving past community petitions in its fight with New York state attorney general Eric Schneiderman, focusing instead on the service’s economic impact on the city. The popular short-term rental website will release a study today showing that it generated $632 million for New York City’s economy last year, by catering to visitors who couldn’t afford conventional hotel rooms — enabling them to stay here longer and spend more money in the city. [more]

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  • Airbnb founders Nathan Blecharczyk, Joe Gebbia and Brian Chesky

    Airbnb’s Nathan Blecharczyk, Joe Gebbia and Brian Chesky

    Popular short-term rental website Airbnb has launched an online campaign to collect signatures, in the hopes that community pressure will get New York Attorney General Eric Schneiderman to back off an investigation.

    Airbnb users received an email from the company urging them to “make your voice heard” by signing a petition created by Mishelle, an Airbnb host in Williamsburg, which protests Schneiderman’s subpoena of Airbnb’s data on its 15,000 hosts. [more]

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  • From left: Eric Schneiderman and Brian Chesky

    From left: Eric Schneiderman and Brian Chesky

    Popular short-term rental website Airbnb has moved to block a subpoena by New York Attorney General Eric Schneiderman, characterizing the investigation as an “unfounded fishing expedition.” Airbnb filed papers in state Supreme Court on Oct. 9 petitioning to keep private its data on the estimated 15,000 users who use the platform to host guests. [more]

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  • From left: Guy Tozzoli, Eric Schneiderman and the Twin Towers

    From left: Guy Tozzoli, Eric Schneiderman and the Twin Towers

    A 1986 deal in which late Port Authority of New York and New Jersey executive Guy Tozzoli and his group, the World Trade Center Association, purchased the World Trade Center’s naming rights for just $10 is the subject of a new probe by State Attorney General Eric Schneiderman. [more]

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  • From left: Eric Schneiderman and Brian Chesky

    From left: Eric Schneiderman and Brian Chesky

    New York Attorney General Eric Schneiderman is going after popular short-term apartment rental site Airbnb, subpoenaing data on about 15,000 New Yorkers who use the service to host guests. The subpoenas are part of an investigation into illegal short-term rentals. The site has until today to hand over the data, the New York Daily News reported. [more]

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  • Eric Schneiderman

    Eric Schneiderman

    New York State Attorney General Eric Schneiderman is taking Wells Fargo to court to force it to comply with last year’s national mortgage case settlement.

    The settlement, which resolved litigation over allegedly improper lending practices, banned banks from moving forward with foreclosures while negotiating loan modifications. Schneiderman’s actions imply that Wells Fargo wasn’t keeping up its end of the bargain, but the bank maintained in a statement that it had followed the terms of the deal. [more]

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  • jpm

    From left: Attorney General Eric Schneiderman and JPMorgan’s Jamie Dimon

    Federal prosecutors are expected to charge JP Morgan Chase over the bank’s sales of mortgage-backed securities during the financial crisis.

    The investigation arose from the work of an Obama administration task force — which included New York Attorney General Eric Schneiderman and U.S. Attorney Ben Wagner in Sacramento, Calif. — that last year organized prosecutions of fraudulent underwriting activity by U.S. banks at the heart of the crisis. Investigators from Wagner’s office headed up the subsequent probe of alleged fraud. [more]

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