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COVID-19: NY Will Take Regional Approach To Reopening, Says Cuomo, En Route To White House COVID-19: NY Will Take Regional Approach To Reopening, Says Cuomo, En Route To White House
Covid-19: NY Will Take Regional Approach To Reopening, Says Cuomo, En Route To White House With cases of novel coronavirus (COVID-19) stabilizing in New York, Gov. Andrew Cuomo said that the state will take a regional approach to reopening the economy. Speaking in Buffalo before heading to the White House to discuss COVID-19 testing with federal officials, including President Trump later in the day on Tuesday, April 21, Cuomo said that with different parts of the state being impacted differently by the virus, he would be taking a regional approach to reopening non-essential businesses. “In this state, we have very different regions within New York,” Cuomo said. “People think of …

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by Zak Failla
Business
Nearly 600 'Distressed Mortgages' Bought In High Foreclosure Regions Nearly 600 'Distressed Mortgages' Bought In High Foreclosure Regions
Nearly 600 'Distressed Mortgages' Bought In High Foreclosure Regions Gov. Andrew Cuomo announced that the state's Community Restoration Fund has purchased 172 mortgages in an effort to bring owners in targeted communities out of foreclosure and keep the homes from abandonment.  According to this article in Daily Voice, foreclosures are at an 11-year high in New York state, while nationwide they are at an 11-year low.  The Community Restoration Fund has helped strengthen the financial position of homeowners, bringing stability back to the housing market in neighborhoods across the state, and preventing so-called "zombie properties," Cuomo said. Thi…

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by Jon Craig