• Slide Image 1 Title | Welcome to D5 Smartia Theme, Visit D5 Creation for Details

    You can use D5 Smartia for Black and White looking Smart Blogging, Personal or Corporate Websites. This is a Sample Description and you can change these from Samrtia Options
  • Slide Image 2 Title | Welcome to D5 Smartia Theme, Visit D5 Creation for Details

    You can use D5 Smartia for Black and White looking Smart Blogging, Personal or Corporate Websites. This is a Sample Description and you can change these from Samrtia Options
  • Slide Image 3 Title | Welcome to D5 Smartia Theme, Visit D5 Creation for Details

    You can use D5 Smartia for Black and White looking Smart Blogging, Personal or Corporate Websites. This is a Sample Description and you can change these from Samrtia Options

上海九亭哪有快餐

now browsing by tag

 
 
Posted by: | Posted on: May 12, 2021

E&M Management cashes in on Canarsie property

first_imgTagsCommercial Real EstateMultifamily E&M’s Irving Langer and 633 E. 104th St. (Getty, Google Maps)One of New York City’s biggest residential landlords turned a hefty profit on a long-held property.Irving Langer’s E&M Management sold the 86,800-square-foot building at 633 East 104th Street for $51.3 million, according to property records. The deed was recorded with the city on Friday.The company purchased the building in 2004 for $12.5 million. The deal for the five-story property was done through E&M Associates, and the seller was Canarsie Hotel.In the most recent sale, the buyer entity was 615 East 104 Holdings at 1 State Street, records show. Yehoshua Leib Fruchthandler and Jeffrey Zwick signed documents for the transaction.Langer and Fruchthandler did not respond to messages for comment. Zwick could not be reached for comment.E&M Management has a 3,000-unit portfolio that is concentrated in Northern Manhattan, Brooklyn and Queens.Read moreMultifamily giant Irving Langer racing to refi 3K-unit portfolioIsaac Kassirer is buying a 21-building multifamily portfolio in HarlemThe company is making an aggressive push in the Kingston area and tenants and public officials are responding fast Contact Akiko Matsuda Full Name* Message*center_img Share on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlink Share via Shortlink Email Address*last_img read more

Posted by: | Posted on: December 17, 2020

What is “reasonable proximity” for field of membership purposes?

first_img continue reading » NCUA headquarters ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrcenter_img For credit unions making plans for medium to long-term growth, the discussion often comes down to what charter gives them the most flexibility to grow?  For instance, if they are a community charter, will they have more opportunities to expand under the state’s laws or do they have enough flexibility under NCUA’s more stringent regulations?  If the credit union doesn’t want to become a community charter, will it have the ability to take in enough groups to expand their membership footprint?In June, NCUA issued an important legal opinion letter for those credit unions considering using the multiple SEG approach.  When this letter is read in conjunction with NCUAs updated field of membership regulations it means that federal credit unions have much more expansion flexibility than they had just months ago.When a multiple SEG credit union is seeking to add a new group to its membership, one of the most basic things the credit union must demonstrate is that the group is within “reasonable proximity” to the credit union’s service area.  But what is reasonable proximity and is there a specific geographic limit restraining the acquisition of new groups?  In a legal opinion letter by NCUAs Office of General Counsel, the answer is:last_img read more