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Does Crude's Slide Mean Lower Home Heating Costs?

October 07, 2008

by Ilya Marritz

The federal government gives its best guess of the future cost of oil today. Also: Bernanke frets over the economy, and legislators grill AIG execs. ....

Former Lehman CEO Gets Grilled By Congress

October 06, 2008

by Ilya Marritz

Congreesmembers cited documents indicating Lehman steered millions of dollars to executives as the company was nearing bankruptcy. One of two Republicans on the panel, Connecticut Congressman Chris ....

New Legal Clinic Helps Homeowners Fighting Foreclosure

September 05, 2008

by Ilya Marritz

A new legal clinic is claiming great success in helping homeowners fight off foreclosure of their homes. REPORTER: In the case of US Bank v. Deborah Singleton, Deborah Singleton is defending herself....

Chesapeake Energy Sells Drilling Rights

September 04, 2008

by Ilya Marritz

An energy company that leased land to drill for natural gas in the northeast is now looking to sell part of its operation. Over the past few years, gas companies have been in fierce competition to l....

Heating Oil Prices Hit Home Owners, Suppliers

September 03, 2008

by Ilya Marritz

Consider this: in January 2007, a barrel of heating oil cost about a $150. A year and a half later, the price has more than doubled. Despite the recent dip in the price of crude, the small suppliers ....

Fannie and Freddie Pull Out of New York State

September 01, 2008

by Ilya Marritz

A new law takes effect in New York today that aims to prevent another home loans crisis. Lots of states have passed measures in response to the subprime crisis. But only New York's law has prompted ....

Jersey Shore Eyed for Federal Offshore Wind Energy Project

August 31, 2008

by Ilya Marritz

Offshore wind energy is coming, and the federal government has the New York region's coastal waters in its sights. WNYC's Ilya Marritz has more. REPORTER: Any project more than three miles offshore ....

Unemployment Way Up in New York State

August 28, 2008

by Ilya Marritz

Unemployment has shot up in New York State as the economy has cooled down. And a new analysis by the Fiscal Policy Institute finds New York is doing a poor job of helping the unemployed. The Instit....

Mortgage Giants to Halt Subprime Transactions in NYS

August 27, 2008

by Ilya Marritz

The nation's two largest secondary mortgage corporations, Fannie Mae and Freddie Mac, say they'll stop buying subprime mortgages in New York State. WNYC's Ilya Marritz has more. REPORTER: The trigge....

Local Businesses Look for Olympic Gold

August 25, 2008

by Ilya Marritz

Athletes weren't the only ones seeking gold at the 29th Olympiad. As WNYC's Ilya Marritz reports, some small New York-area businesses also had a stake in the games. Think of a corporate brand you as....

Mayor Expects Little Tax Revenue from Wall Street

August 21, 2008

by Ilya Marritz

The nation's fourth-biggest investment bank, Lehman Brothers will release its next quarterly report in the next few weeks. REPORTER: Lehman is rumored to be shopping around some of its assets in a b....

Are Wind Farms Really the Answer?

August 20, 2008

by Ilya Marritz

Could huge offshore wind farms really be the answer to meeting New York City’s growing demand for energy? Mayor Michael Bloomberg raised that possibility yesterday at a clean energy conference in L....

Wind Farms Could Provide Energey to NYC

August 20, 2008

by Ilya Marritz

Large, strategically placed offshore wind farms could some day meet up to a third of the city's electricity needs. According to the city's economic development officials. REPORTER: The EDC just iss....

Harlem Property Owner Faces Default

August 16, 2008

by Ilya Marritz

Residents of a group of historic Harlem apartment buildings are wondering who their landlord will be in the future. WNYC's Ilya Marritz explains. REPORTER: Like Stuyvesant Town on the East Side, Har....

Harlem Apartments Owner Faces Default

August 15, 2008

by Ilya Marritz

The owner of a large group of mostly rent-controlled apartments in Harlem will likely go into mortgage default. The Rockpoint Group and Stellar Management have warned creditors they can't make the S....

Students Rally For Bill Aimed at Safety Officers

August 14, 2008

by Ilya Marritz

Carrying signs calling for "Graduation Not Incarceration," over 100 High School Students joined City Council members on the steps of city hall to rally in support of the "Student Safety Act," a bill ....

Bloomberg Wary of Natural Gas Drilling Near Water Supply

August 12, 2008

by Ilya Marritz

Mayor Michael Bloomberg is voicing concerns about possible natural gas drilling near upstate water reservoirs. The mayor says any deal to allow drilling must also protect city drinking water. BLOOM....

Bloomberg Announces Climate Change Panel

August 12, 2008

by Ilya Marritz

A panel of leaders from science, government, and business will spend the next 12 months projecting the risks of climate change for the city. Mayor Michel Bloomberg announced the New York City Panel ....

City Pushes to Limit Gas Drilling Near Reservoirs

August 06, 2008

by Ilya Marritz

Citing "significant concerns," New York City is seeking strict limits on all gas drilling that might affect reservoirs that supply the city's drinking water. The city's Department of Environmental ....

Judges to Review Nuclear Plant Safety

August 01, 2008

by Ilya Marritz

Opponents of the Indian Point nuclear power station have scored a victory. A panel of judges has agreed to review some of their concerns about the plant's safety. WNYC's Ilya Marritz has more. REPO....