Photograph of Matthew Tannin, after his acquittal, by Louis Lanzano/AP Today, a federal jury found two Bear Stearns hedge fund managers not guilty of fraud related to subprime mortgages. Portfolio manager Ralph Cioffi and the funds' COO Matthew Tannin were accused of' [...]
Gov. David Paterson gave it his last big push yesterday in the form of an address to a join session of the state legislature.
“I will mortgage my political career on this plan,” Paterson said. “But I will not mortgage the fate of the State of New York.”
And now the [...]
Gov. David Paterson gave it his last big push yesterday in the form of an address to a join session of the state legislature.
“I will mortgage my political career on this plan,” Paterson said. “But I will not mortgage the fate of the State of New York.”
And now the [...]
Tishman Speyer and BlackRock, the owners of Stuyvesant Town and Peter Cooper Village in Manhattan, turned over the main mortgage for the 11,200-unit complex to a "special servicer". Special servic...
Continue reading "Stuy Town/Peter Cooper mortgage changes hands " >
The main $3 billion mortgage for Stuyvesant Town and Peter Cooper Village has been transferred to a "special servicer," according to the rating agency Fitch, a significant step taken when loans are in default or on the verge of default.
The owners of the giant 11,200-unit Manhattan [...]
