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6 days ago · Freed by Dodd-Frank, NYCB is on the hunt for M&A deals. The New York Community Bank’s CEO says the rent laws have not affected its portfolios
· (Bloomberg) — New York’s sweeping rewrite of rent stabilization laws could pose a credit risk to lenders that finance capital improvements to regulated apartment properties, according to a report today by Fitch Ratings.The new state laws severely curtail landlords‘ abilities to raise rents on stabilized
New York Gov. Mario Cuomo calls New York’s new rent control law "the most sweeping, aggressive tenant protections in state history." Opponents of the law, which Cuomo enacted june 14, feel that it represents a troubling move against apartment owners and developers in New York, particularly in New York City.
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– New York Community Bancorp, Inc. (NYSE:NYCB) (the "Company") today announced that it expects to issue its earnings release for the three and twelve months ended december 31, 2017 at approximately. New York Community Bank: About Those Rent Control Laws | New. – New York Community Bank: About Those Rent Control Laws.
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Attorney General Eric Schneiderman announced the indictment of Mr. Croman at a press conference following the landlord’s appearance in Manhattan Supreme Court. The much maligned landlord and his debt broker, Barry Swartz, are accused of lying on mortgage applications to obtain financing from Capital One and New York Community Bank by saying that rent-regulated tenants in buildings were gone.
New York Community Bank: About Those rent control laws | New. – New York Community Bank: About Those rent control laws. obama Avenue, New York, NY 10022" "If he basically tries to dismantle the Second Amendment community. Wednesday to discuss. New York Community Bank, Signature Bank and dime community bank have lost a combined $2.5 billion in.
Sanction risk is also on the rise with nations like Russia, China and Turkey seeking to reduce the authority of New York and. differ from those reflected in the forward looking-statements unless.
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Grassroots groups in New York City used data to target Signature Bank and New York Community Bank for making loans that directly financed displacement of mostly low-income tenants. Both banks have since endorsed and made changes reflecting the demands of those grassroots groups.