Ilya Marritz

Ilya Marritz appears in the following:

Can Governments Do Anything to Reassure Markets?

Wednesday, October 08, 2008

After a wild day, Paulson’s remarks send the Dow down. Also: why local institutions’ assets are frozen.


Does Crude's Slide Mean Lower Home Heating Costs?

Tuesday, October 07, 2008

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

Monday, October 06, 2008

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 Shays, says he shares Americans' disbelief about the size of some executive pay packages.

SHAYS: To those of us on ...


New Legal Clinic Helps Homeowners Fighting Foreclosure

Friday, September 05, 2008

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.

SINGLETON: I can represent myself, I don't have to pay thousands of dollars to a ...


Chesapeake Energy Sells Drilling Rights

Thursday, September 04, 2008

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 lease acres for drilling all over Pennsylvania and upstate New ...


Heating Oil Prices Hit Home Owners, Suppliers

Wednesday, September 03, 2008

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 who sell home heating are so. WNYC's ...


Fannie and Freddie Pull Out of New York State

Monday, September 01, 2008

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 Fannie Mae and Freddie Mac to retaliate.

The government-sponsored lenders say ...


Jersey Shore Eyed for Federal Offshore Wind Energy Project

Sunday, August 31, 2008

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 needs approval from the Department of the Interior. Last week, Interior's Maureen Bornholdt came ...


Unemployment Way Up in New York State

Thursday, August 28, 2008

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 Institute's James Parrott says the state hasn't made a cost-of-living ...


Mortgage Giants to Halt Subprime Transactions in NYS

Wednesday, August 27, 2008

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 ...


Local Businesses Look for Olympic Gold

Monday, August 25, 2008

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. ...


Mayor Expects Little Tax Revenue from Wall Street

Thursday, August 21, 2008

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 ...


Wind Farms Could Provide Energey to NYC

Wednesday, August 20, 2008

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 ...


Are Wind Farms Really the Answer?

Wednesday, August 20, 2008

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 ...


Mayor Proposes Wind Farms

Wednesday, August 20, 2008

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.


Harlem Property Owner Faces Default

Saturday, August 16, 2008

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 ...


Harlem Apartments Owner Faces Default

Friday, August 15, 2008

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 ...


Students Rally For Bill Aimed at Safety Officers

Thursday, August 14, 2008

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 ...


Bloomberg Wary of Natural Gas Drilling Near Water Supply

Tuesday, August 12, 2008

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 ...


Bloomberg Announces Climate Change Panel

Tuesday, August 12, 2008

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 ...