While some contractors dismiss the plan as political rhetoric, many say they can’t afford to lose more people from an aging, immigrant-dependent workforce.
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Local Law 11 inspections and repairs are required every five years. But how much intrusion should building residents expect, and how much is too much?
Executives of investment firm iCap ran the scheme from 2013 to 2022, a federal bankruptcy judge ruled this week. They turned to the scheme when their real estate portfolio failed to yield results.
A majority of the 1,200 Flagstar employees being let go in $1.4 billion sale of the company’s mortgage servicing business will be offered the opportunity to transfer to Dallas-based Mr. Cooper.