New York

A Staten Island, N.Y., man involved in a $2.5 million real estate investment scheme that targeted investors, many of whom were elderly and some of whom had dementia, was sentenced to three years in prison.

Manhattan's would-be homebuyers are in no rush to make deals, while the number of condos and co-ops on the market continues to rise.

The Los Angeles bank will take a $1.4 million hit to earnings after the multifamily properties sold for less than their book value.

With a second defendant pleading guilty to conspiracy, it was learned that a Watertown, N.Y., apartment complex is among dozens of rental properties in that state and several others that allegedly received $500 million in fraudulent bank loans.

The money for a proposed $300 million sports complex at a foreclosed famed New York Catskills Mountain hotel was not produced by a March 22 deadline.

Manhattan homes that sold in February sat on the market for the longest stretch since 2012, a sign that sellers aren't dropping prices enough to reach buyers, an analysis by StreetEasy shows.

Just minutes after his federal prison sentence was raised, Paul Manafort was charged by New York state prosecutors with residential mortgage fraud, conspiracy and falsifying business records.

Mortgage foreclosure filings across New York dropped 46% between 2013 and 2018, from 46,696 to 25,334, according to a report issued by New York State Comptroller Thomas DiNapoli.

Sales of new and existing single-family homes in the Albany, N.Y., area fell 10% in January from year-earlier levels, the Greater Capital Association of Realtors reported.

New York regulators rejected Fidelity National Financial's acquisition of Stewart Information Services because the combination would have a dominant share of title insurance in the state.

New York's Amazon dreams aren't dead yet, at least not in the minds of some of its leading executives and politicians.

The company disclosed that it paid $146 million for servicing rights associated with $13 billion in mortgages.

Credit card issuers would have to set aside more in reserves because of higher loss histories, according to research by Keefe, Bruyette & Woods on the impact of the new loan-loss standard.

In what some real estate professionals are referring to as part of the "after-effects" of the recession, is a spike in the sale of foreclosures across Staten Island.

The pickings are still pretty slim for homebuyers in the Buffalo-Niagara area, but that may be starting to change.

Amazon.com Inc.'s decision to drop its expansion plans in the Long Island City neighborhood of Queens plunged local real estate brokers into despair — just months after the euphoria that followed the company's announcement that it would open offices there and bring thousands of jobs.

Amazon.com Inc. said it's pulling out of a plan to build a headquarters in New York City, after a backlash from some residents and politicians.

New York State is providing additional funding to municipalities that will boost efforts regarding mortgage servicer compliance with the state and local vacant property laws.

The tricky part: raising awareness without appearing to take advantage of borrowers at a time when agencies like the SBA are out of commission.

Manhattan home prices fell in the fourth quarter, with the median slipping to less than $1 million for the first time in three years, as ample inventory continued to allow buyers to demand sweeter deals.