Bronx, Brooklyn developers tap state coffers for affordable housing
A pair of affordable housing projects is getting financing assistance from the state to move forward. Gov. Kathy Hochul issued $350 million in housing bonds and subsidies for affordable housing projects across the Empire State, the Commercial Observer reported. Nearly half of that financing is going
Omnibuild executives plead guilty to lesser charges in XI fraud scheme
Omnibuild’s former co-CEO John Mingione pleaded guilty to one criminal charge, springing from an alleged $86 million fraud scheme at HFZ Capital Group’s luxury condo projects. Mingione and Kevin Stewart, an accountant for the construction firm, reached a deal with prosecutors to avoid trial, both e
The Top 10 States For Cash Flow—And Why Property Taxes Can Make or Break You
Real estate taxes are like piranhas constantly chomping away at the meat and bones of cash flow. There’s no way around them, and failure to pay can result in city […]
Categories
Recent Posts
