Ilya Marritz

New York, NY —

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 trigger was Gov. David Paterson's signature on a new law intended to help subprime borrowers about to ...

New York, NY —

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 associate with the Olympics: McDonald's, Coke, Visa.

"Win" sports detergent?

ADVERTISEMENT: Reaching your goal. ...

New York, NY —

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 bid to improve its balance sheets. Last quarter, the bank showed a $2.8 billion ...

New York, NY —

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 issued an invitation to energy companies to propose bold projects for renewable power. Speaking on the ...

New York, NY —

If Mayor Michael Bloomberg has his way, New York City could be home to some offshore wind farms. He invited proposals for new clean energy initiatives during a speech in Las Vegas last night. WNYC's Ilya Marritz has more.

New York, NY —

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 Las Vegas, which was hosted by Sen. Harry Reid. WNYC’s Ilya Marritz joins explains ...

New York, NY —

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, Harlem's Riverton Apartments were built by the Met Life Corporation after World War II. In ...

New York, NY —

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 September payment on the Riverton Apartments Complex near Madison Avenue and 135th Street.

Manus Clancy is ...

New York, NY —

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 aimed at reducing altercations between school safety officers and students.

WNYC's Ilya Marritz ...

New York, NY —

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.

BLOOMBERG: Look, I think we need energy, there's no question about that. You can drill in a responsible ...

New York, NY —

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 on Climate Change. A co-chair of the panel, Dr. Cynthia Rosenzweig of Columbia ...

New York, NY —

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 Protection hasn't said much publicly. But in a July 18 letter to the Department of Environmental Conservation ...

New York, NY —

New York environmental groups are warning that even after clean up brownfield sites or abandoned, polluted industrial land, may not be truly safe for new development.

A new survey of the nation found that the federal government and other states often have stricter cleanup standards for ...

New York, NY —

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.

REPORTER: Months from now, the three judges of the Atomic Safety Licensing Board ...

New York, NY —

In his address to the state last night and in a press conference today, Gov. David Paterson said New York State's economic outlook has deteriorated badly over the past several months.

REPORTER: He's asked lawmakers to reconvene next month and reopen this year's budget so they ...

New York, NY —

Governor Paterson will address New Yorkers directly this evening about the state’s finances. Whatever he says, the news probably won’t be good. We’re looking at a $5 billion deficit next year - and swiftly declining tax revenues - as Wall Street reels from the housing ...

New York, NY —

With a looming budget shortfall next year of $2.3 billion, Mayor Bloomberg says the city must keep spending in check. He and other officials testified this morning at a meeting of the Financial Control Board, which was set up in the 1970s when New York ...

New York, NY —

Gov. David Paterson is vowing the state will proceed cautiously when it comes to new natural gas drilling in areas that could include New York City's drinking water reservoirs.

REPORTER: The governor spoke publicly for the first time since signing into law a streamlined application process.

PATERSON: ...

New York, NY —

Two new studies look at the health of the Hudson River, and have found mixed results. WNYC's Ilya Marritz has more.

REPORTER: Scientists at SUNY-Stony Brook analysed concentrations of methyl mercury in Hudson River fish bellies. They found today's levels are two to three times lower ...