New York City’s Relentless Reassessments Raise Revenue—and Eyebrows

In its 2012-2013 tax roll assessment, New York City has once again reported major increases in property values. Bucking the national trend toward flat or downward value changes, the city in January found that overall market value had grown to more than $ 876 billion, up by more than $
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Anchor Commercial Given 90 Days To Raise Money or Be Sold

The Federal Reserve System has deemed Anchor Commercial Bank in Juno Beach, FL, undercapitalized and has yet to submit it an acceptable capital restoration plan as required. The Fed issued the bank a “Prompt Corrective Action Directive,” which gives it 90 days to increase
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