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New York to sue banks over mortgages

2013-05-06 22:20:36| BBC News | Business | UK Edition

New York's attorney general says he plans to sue major lenders Bank of America and Wells Fargo for violating a $25bn (16bn) mortgage settlement.

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New York mountain town awaits hurricane relief, 20 months later

2013-05-05 16:27:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Rebecca Hoskins poked through the debris in her flood-wrecked house: a TV here, a light fixture there. Someone had been in and taken down the curtains. She blinked back a tear. It was a crisp early spring day and her first visit in year-and-a half to what had been her home for 15 years. Hoskins, a supervising bus driver from Essex County in New York State's Adirondack mountains, is one of 43 homeowners in the area still waiting to be made whole after Hurricane Irene blew through in August 2011,...

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New York appeals court upholds municipalities banning fracking through zoning laws

2013-05-03 07:31:00| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: A mid-level appeals court says New York municipalities can use local zoning laws to ban the use of hydraulic fracturing to drill for natural gas. The four-judge appellate division panel ruled unanimously Thursday that state mining and drilling law doesnt trump the authority of local governments to control land use. The case of Norse Energy Corp.s challenge to a ban in the Tompkins County town of Dryden has been closely watched by industry hoping to drill in New Yorks piece of the Marcellus Shale...

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Brack Capital Real Estate Sells The James New York for $85M

2013-05-03 02:53:00| National Real Estate Investor

Brack Capital Real Estate (BCRE) has sold The James New York, a boutique hotel located at 27 Grand Street in SoHo, for approximately $85 million. read more

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Coalition Calls for New York State to Oppose LNG Port

2013-05-01 22:32:00| Climate Ark Climate Change & Global Warming Newsfeed

EcoWatch: Evoking the international call for maritime distress, 36 groups stood united today in opposition to a Liquefied Natural Gas (LNG) port proposed to be built off of Jones Beach, NY. The groups, from across New York and New Jersey, call on Gov. Cuomo to oppose the plan. The proposal by Liberty Natural Gas (Liberty LNG), a corporation owned by a nameless bank account in the Cayman Islands, was submitted to the Maritime Administration, a sub-agency of the Department of Transportation. The organizations,...

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