Cuomo’s executive order tells banks to give homeowners a break
Gov. Andrew Cuomo issued an executive order Saturday urging banks to postpone mortgage payments for 90 days for homeowners...
foreclosures
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Creditors are banging on Toby Moskovits’ door
A SoftBank-owned investment firm. A family friend. A national lending platform. And the former Bank of Internet. It seems...
Home foreclosures dip in NYC for 2nd straight year
Home foreclosures throughout New York City declined for the second year in a row in 2019, but overall were...
Lender moves to foreclose on site of NYC hotel linked to Adam Neumann, Mexican magnate
UPDATED, Feb. 7, 2020: East West Bank is moving to foreclose on the loans secured by the Selina Chelsea...
Foreclosures nationwide fell to 15-year low in 2019
Vulture funds and homebuyers seeking distressed properties at bargain-basement prices may have to keep waiting. Last year saw the...
Thor faces foreclosure on site where lender says it’s seeking “unrealistic rents”
A lender looking to foreclose on a Thor Equities retail property says the landlord is to blame for its...
Lender forecloses on Maefield’s billion-dollar Times Square project
The massive LED sign that wraps around Seventh Avenue and West 47th Street — it’s roughly the size of...
Thor facing foreclosure at Theater District building
Thor Equities may not get the chance to rock out with Sammy Hagar after all. Joe Sitt’s firm is...
Home foreclosures dropped nearly 20% in Q3, report shows
UPDATED, 8:36 a.m.: There is growing unease about an impending recession, but at least one economic indicator isn’t pointing...
Manhattan foreclosures soar 118%, driven by mortgage defaults
Residential foreclosures in Manhattan and Staten Island are skyrocketing — but the other boroughs are having better luck. Foreclosures...
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