Monthly Archives: December 2014

Where is Upstate?

It was a bad week for real estate investors in the Southern Tier of New York, with a State fracking ban and  a decision to allow three new casinos in Schenectady, Tyre (between Syracuse and Rochester) and Thompson in Sullivan … Continue reading

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Terrorism Risk

As of yesterday, it looks like the Congressional deal to extend the Terrorism Risk Insurance Act beyond the end of the year has fallen apart. The Housing Authority this week announced a plan to sell a 50 percent interest in … Continue reading

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One Step Forward…

The 9 percent Low Income Housing Tax Credit rate, bonus depreciation provisions, and several energy conservation tax credits important to housing developers were renewed for one year by the House, Wednesday, in a bill expected to be passed by the … Continue reading

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