National
Vanguard, BlackRock increase stake in Compass
Vanguard and BlackRock have upped their stake in Compass in the third quarter, which was otherwise a lukewarm period...
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National
Disgraced casino mogul Wynn to pay $20M to settle shareholder suit
Disgraced casino mogul and billionaire Steve Wynn is now set to pay $20 million in damages to settle a...
Inspectors missed hazardous, unsafe conditions on NYC elevators: report
A new report on the city’s elevators conjures nightmare scenarios: Worn-out cables and the danger of the doors opening...
Mitchell-Lama buildings haven’t been following the rules: audit
A new audit from the state comptroller Thomas DiNapoli’s office shows that several Mitchell-Lama buildings are bungling waiting list...
Audit finds 160 tenants living in rent-regulated apartments despite making $100K or more
A state audit shows that more than 100 tenants living in the city’s affordable units make more than $100,000...
If it’s broke, make sure they don’t fix it: State agency blasted over “weak” NYCHA oversight
UPDATED, 3:20 p.m., Aug. 28: As if the problems at the New York City Housing Authority weren’t bad enough, the state agency charged with overseeing...
DiNapoli cracks down on wasteful Roosevelt Island spending
A state audit has found that executives and employees who manage Roosevelt Island spent $88,000 on questionable expenses from...
Landlords take low-interest loans, but refuse fixes
A city program intended to provide millions of dollars a year in low-interest loans to private landlords is being...
Comptroller blames state for affordable housing delays
The construction and rehabilitation of thousands of affordable units was delayed because money was earmarked for projects state housing...
Half of New York residents can’t afford the rent: study
More than half of New York households are dishing out more on rent than they can afford, according to...