In recent years, foundations have plowed big money into a raging stock market, and their endowments reflect it. Funders and their beneficiaries are wondering if a bear market will have…
New York State doesn’t shield companies that buy environmentally tainted “brownfields” from liability. One Staten Island chair factory is being forced to shut down as a result.
The city has had success with selling tax leins on delinquent buildings, but just who’s buying these properties–and when will the rehab part of the program begin?