A survey released on Wednesday finds that for the first time in nearly four years New Yorkers are positive about the real estate market. The Siena College Research Institute survey finds New York City and Long Island residents as well as a plurality of upstaters predict an improving real estate market in the upcoming year.
US Senator Richard Blumenthal of Connecticut says he opposes a bill emerging in Congress that would tie federal student loan interest rates to the rates on ten year treasury notes. Blumenthal says the bill is not fair to students.
The Connecticut Supreme Court agreed to hear an appeal on whether the superintendent of schools in the state's largest city is qualified for the job under state law. The court took no action as to whether Paul Vallas can remain Bridgeport Schools Superintendent while the case is being decided. This has created uncertainty as school officials prepare for the new school year.
The frequency of severe storms is putting new scrutiny on whether to build in coastal, flood-prone areas. That question faces not just private builders, but public officials like the city leaders in Norwalk, Connecticut, a city on Long Island sound. They're hoping to upgrade an old public housing project, using federal dollars.