Banks Abandoning Newark Properties
Almost 43 percent of bank-owned properties in one Newark neighborhood remain vacant, even years after foreclosure, according to a new study.On a day when the city auctioned off 80 abandoned properties,...
View ArticleSampson Corruption Scandal Hits Home for One Family
William Easterling and his wife used to own 165 Forbell Street, a two-family home in Brooklyn on the border of Cypress Hills and Ozone Park. The couple raised their four kids there. But they haven’t...
View ArticleBank Set to Foreclose on Nashville Symphony's Concert Hall
Foreclosure proceedings have started against the financially troubled Nashville Symphony Orchestra, which owes more than $80 million in debt related to the construction of its home, the Schermerhorn...
View ArticleWhere New York's Budget Windfall Comes Up Short
Banks behaving badly has been good news for New York state’s budget. Settlements for a range of accusations – from violating sanctions against Iran and Sudan to bad lending practices – have created a...
View ArticleForeclosure Process 'Broken' in New York
Home foreclosures in New York State take too long, harming both borrowers and lenders, and making it less likely people will stay in their homes, according to Ben Lawsky, New York State Superintendent...
View ArticleEpisode 6: Trickery, Fraud and Deception
In the fast moving world of Brooklyn real estate, for some it feels more like the Wild West – developers and investors looking to cash in on the gold rush don't always play by the rules.Meet Tia...
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