If Senator Al D’Amato loses the election in September, the new chair of the banking committee will be Phil Gramm, no friend of the Community Reinvestment Act.
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?
The Senate banking committee just okayed a massive overhaul of the country’s financial services laws, and comminity advocates are worried it will scuttle existing fair lending rules.
A coalition of outer-boro neighborhood groups is hoping to block the merger of two giant national waste-hauling companies, saying the move would overwhelm the city.
