NYC Council approves Midtown rezoning, paving way for new towers

“The way you do that is by structuring contractual. the community and the city have supported rezoning the area for residential development. The New York City Council approved the mini-master plan.

An 800-foot-tall condominium tower is poised to rise. was substantially complete when the rezoning was enacted last November. The Board of Standards and Appeals ruled in the developer’s favor,

The rezoning plan for Manhattan’s Greater East Midtown district is now in effect, after New york city council’s unanimous approval. The regulations cover 78 blocks and are primarily focused on.

California fines United Shore $1.4M for interest overcharges Movement buys Platinum Mortgage’s Alabama retail operation First American Financial buys Bank of America’s lien release business – Once the sale is complete in 1Q18, Bank of America’s lien release business and its employees will become part of First American’s Mortgage Solutions division. "This move will further solidify First.Slower growth doesn’t dim Fannie and Freddie mortgage outlook The U.S. Treasury’s decision to takeover troubled lending giants, Fannie Mae and Freddie Mac, doesn’t do much to lift the gloomy outlook for the U.S. economy, nor is it likely to make things easier in the U.S. banking industry, according to a special report from TD Economics.FHFA announces senior staff appointments WASHINGTON – The Federal Housing Finance Agency has announced three senior staff appointments as Director Mark Calabria continues to make key hiring decisions. Clinton Jones will join the FHFA as senior adviser for legal affairs and policy, while Lynn Fisher will serve as senior adviser for.Manhattan home sales tumble as buyers push back See: Manhattan home sales tumble most since 2009, as buyer’s push back: The median price of all sales that closed in the quarter was $1.095 million, down 5.2 percent from a year earlier, brokerage.HOA Fines – What Can Be Done Legally? Written on November 20, California law requires a form of due process for members who may be fined.. The "fine schedule" must be distributed upon adoption by the Board, and thereafter anytime changes are made, but it seems to me a good idea to.

East Midtown Rezoning Plan: What You Need to Know. City Planning commission approves east midtown rezoning. DCP has identified 16 sites that could potentially sprout new towers in the next.

New York City has undertaken a number of significant rezoning efforts in recent years. The latest change received City Council approval on August 9, 2017, the rezoning of a section of Midtown Manhattan known as East Midtown.The amendment of the Zoning Resolution of the City of New York is intended to encourage development in a major business center.

 · Vanderbilt Corridor is Phase 1 of the East Midtown rezoning. Developer SL Green had been planning for an office tower next to Grand Central since the Bloomberg administration.

SoFi reboots its mortgage business with new name, updated processes Provenance Blockchain, recently spun off from Mike Cagney’s Figure Technologies, says it can help lenders trim 70% of mortgage settlement expenses through speedier processing and paperwork reduction..

After five arduous years, New York City’s Midtown East rezoning proposal cleared City Council today, paving the way for new office towers to rise in the neighborhood. The proposal, approved 42-0.

Get ready for a ton of new office space (maybe): City Council greenlights rezoning of Midtown East The City Council on Wednesday cleared the way for 6.5 million square feet of new office space to rise in Midtown East. The council.

A Manhattan residents’ coalition announced today that its unprecedented application to the City of New York for a zoning change to prevent the construction of supertall residential towers in the east river fifties area and encourage community diversity has been officially certified by.

CMBS office loans could be tougher to pay off on time as supply grows The loan on the portfolio gives the property owner, Workspace Property Trust, the right to incur property assessed Clean Energy (PACE) loans to pay for energy efficiency upgrades. Lenders often consent to borrowers taking on additional debt that is subordinate to theirs, since they are assured of being repaid first.

NEW YORK (CBSNewYork) – The New York City Council this week approved the rezoning of the East Midtown business district – clearing the way for new tall buildings. As WCBS 880’s Marla Diamond.

Productivity gains help CoreLogic’s 2Q net income rise by 2% The Dow industrials were up 0.2%, or 42 points. or well above expectations for 10K gain. Jobless rate fell to 6.5%. With June data, Statistics Canada said rise of employment during 2Q marked.People on the move: Aug. 25 John Maulsby has been named state veterinarian for the Colorado Department of Agriculture. He graduated from Colorado State University with a doctoral degree in veterinary medicine in 1975 and has worked for the CDA since 1988. Gregory J. Mills has been promoted to chief executive officer of the Colorado Springs Credit Union.Poor credit won’t bar a mortgage broker from getting a surety bond Li, it’s safe to say, won’t be getting. the time. Bond investors also invest in pools of hundreds or even thousands of mortgages. The potential sums involved are staggering: Americans now owe more.