Attorney General Letitia James of New York purchased the $137,000 home for a grandniece who needed tranquillity. Prosecutors say it is an impermissible investment property. Source: New York Times
Posts published in “Mortgages”
The Mortgage Fraud Case Against Letitia James, Explained
By Gotham Rex on October 10, 2025
An indictment brought by a novice prosecutor and Trump loyalists against one of the president’s foes centers on a 2020 house purchase. Source: New York Times
Is Homeownership Slipping Even Further Out of Reach for New Yorkers?
By Gotham Rex on November 24, 2022
In a city of renters, the turbulent pandemic housing market is making it harder than ever to buy a home. Source: New York Times
The Housing Market Is Worse Than You Think
By Gotham Rex on November 4, 2022
Buyers, sellers and renters are in for more twists and turns, as soaring mortgage rates and stubborn inflation signal belt tightening ahead. Source: New York Times
Theater 80 in New York City Could Become Another Pandemic Casualty
By Gotham Rex on December 30, 2021
Battered by a coronavirus lockdown and conflict over a loan, Theater 80 could become another New York City casualty of the pandemic. Source: New York Times
The Resilience of New York’s Black Homeowners
By Gotham Rex on August 17, 2021
Black homeownership has declined in the city and nationally in the last 20 years, hindered by gentrification and inequitable lending policies. Source: New York Times
Selling Your Home in a Seller’s Market
By Gotham Rex on April 23, 2021
Sorting through multiple bids can be harder than it seems. Choosing the highest offer isn’t always the smart way to go. Source: New York Times
The Real Estate Collapse of 2020
By Gotham Rex on December 25, 2020
The pandemic devastated the housing industry this year, but there were a few flickers of life. Source: New York Times