New York News
-
Bank of America Corp.’s effort to complete an $8.5 billion settlement with mortgage-bond investors won’t face objections from New York and Delaware, which had intervened in litigation over the deal.
-
Bank of America Corp.’s proposed $8.5 billion settlement with mortgage-bond investors should be rejected by a New York court, American International Group Inc. said.
-
Federal Reserve Bank of Boston President Eric Rosengren said regional collaboration between cities and government agencies is a “crucial factor” in strengthening the economies of smaller cities.
-
MBIA Inc. said Flagstar Bancorp Inc. agreed to pay $110 million to settle a lawsuit accusing it of making misrepresentations to induce MBIA to insure mortgage- backed securitizations that defaulted.
-
A judge in New York said he intends to approve a $55 million settlement of lawsuits over a plan to take the Empire State Building public in potentially the second- biggest offering for a U.S. real estate investment trust.
-
Credit Suisse Group AG sued Desarrolladora Homex SAB, Mexico’s biggest homebuilder by revenue, seeking $26.7 million over a canceled derivatives transaction.
-
Anti-fracking laws passed in two New York towns were upheld by an appeals court, which rejected arguments by a dairy farm and a Norwegian energy company that the bans are superceded by state law.
-
Ukraine’s copyright protections have deteriorated to a level where the Obama administration may consider trade sanctions, according to a U.S. report that also cites China for trade-secret theft.
-
A hearing on a $55 million settlement of lawsuits over a plan to take New York’s Empire State Building public will take place tomorrow after a judge declined a request by opponents of the transaction to postpone the proceedings.
-
New York livery car groups won a bid to block a pilot program that would enable people to hail and pay for a ride in one of the city’s 13,000 yellow taxis using location-based smartphone applications.
|
|
Most Popular on Bloomberg
New York Real Estate
In New York, 69 percent of the population rents and the remaining 31 percent are homeowners. And in the past year the New York real estate market has seen an 4.6 percent increase in value, with a median sales price of $535,900, according to Zillow.
|
| |
Rate this Page