Finance - Banks & Loans In Queens
Chhaya Hits A Home Run
4th Annual Home Buyer Fair in Jackson Heights
January 28, 2013 / Jackson Heights / Queens Business / Queens Buzz. The more I get to know about Queens, and the more familiar I become with the many immigrant communities to which Queens is called home, the more impressed I become with the intelligence of the American system and the immigrants who fuel the American dream.
One of the American dreams is to own your own home. To that effect Chhaya [pronounced chi - ya], a non-profit organization in Jackson Heights, helped facilitate that effort at its fourth annual Home Buyer Fair on Saturday. Attendance of the Home Buyer Fair was at an all time high of several hundred, up from about 30 attendees at the first one, just four years ago.
The Home Buyer Fair featured a number of brand name lenders in the morning, and a whole host of non-profit / community minded organizations in the afternoon. The fair was open to everyone [we posted it in our Queens Events calendar in the business section], and provided attendees with a whole host of avenues for purchasing a home. Click here later today to read the rest of our report about the Chhaya Home Buyer Fair.
Economic Outlook 2012 - Queens Economy
Federal Reserve Economist Discusses 2012 Outlook At LIC Partnership Breakfast
February 13, 2012 / Long Island City / Queens Business / Queens Buzz. I attended a lecture given by New York Federal Reserve Economist Rae Rosen at the LIC Partnership breakfast in Long Island City. In the lecture the economist talked about many of the critical factors that would play a role in the outcome of how the economy would perform in 2012. How these factors play out will ultimately impact the kind of economic year Queens, NYC and NYS will have in 2012.
U.S. Economic Performance in 2012 Vs Averages
The U.S. economy grew 2.8% in the fourth quarter, ending the 2011 year on a strong note, after a slow beginning. For 2012 the consensus forecast is between 2.5% to 3%, with the highs above 3% and the lows just above 1% which still implies a growth year. The U.S. average growth rate since the end of WWII has been about 3.28%. According to one report I read, the probability the U.S. will slip back into recession has fallen to 23%.
Click here for our report of the lecture given by Federal Economist Rae Rosen at the LIC Partnership breakfast in February 2012 - Queens Economic Forecast 2012.
Small Business Financing In Queens NYC
SBA In Queens & Business Outreach Center In Corona
January 31, 2012 / Corona / Queens Business / Queens Buzz. Last summer I decided to take Queens Buzz through the SBA process to raise capital to raise capital and to provide a description of the process that a new or struggling enterprises must go through in order to obtain non-traditional funding.
Over the course of the past decade, government and non-profit organizations have increasingly become aware of the importance and value of helping new and small businesses survive and thrive as a means of retaining and creating jobs within communities. In the current economic environment, helping these small companies is critical to accelerating the current economic recovery.
I entered the process of seeking a loan in July of 2011 ... click here to read more about the Business Outreach Center in Corona Queens. The photo above was taken at a 2012 seminar sponsored at the Business Outreach Center in Corona Queens entitled Financing Your Business.
NY Federal Reserve In Queens
Current Economic Conditions In Queens
March 11, 2011 / Flushing / Queens Buzz. I attended a presentation by the New York Federal Reserve president and CEO William C. Dudley. His purpose was to supplement the research done at the Fed with visits into ‘the field’ to see what’s going on. A visit by one of his staff to Crystal Window & Door Systems was a part of that effort [use the search function to find related stories].
Dudley first talked about the role of the Federal Reserve, which is to manage the nation’s money supply. The Fed pursues a ‘dual mandate’ which is to purse the highest level of employment consistent with price stability. Dudley talked about the importance of the NY Federal Reserve in overseeing Wall Street and in helping the Federal Reserve execute monetary policy. Then he turned his remarks to the current state of the U.S. / NY economy.
Click here to read more about the Federal Reserve talk about the economy and business - Queens.
Small Business Loans - Queens Credit
Business Loans In Queens - Banking In Queens
March 21, 2011 / Jackson Heights / Queens Buzz. I had occasion to attend a NYC Credit Fair at the Bulova Corporate Center in Jackson Heights. The credit fair was sponsored by the New York City Council, the New York Bankers Association [NYBA], the New York Business Development Corporation [NYBDC] and NYC Small Business Services.
And while I missed most of the credit fair, the literature I picked up on my visit was excellent. The fair occurred the morning of January 26, 2011 which was the morning of one of the numerous snowstorms we had this winter and it likely negatively impacted attendance.
This report contains information about how to obtain financial and technical assistance to: 1) make your business creditworthy, 2) make a successful loan application, and 3) find alternative sources of credit / loans for small businesses in Queens.
Click here to learn more about how to obtain small business loans in Queens.
Auto Insurance In Queens
Things To Look For & Consider When Buying Auto Insurance
December 15, 2010 / Queens NY / Queens Buzz. This report is to identify some of the things to think about and look for when purchasing auto insurance in Queens. One of the insurance professionals I interviewed while working on this report provided me with some colorful comments. Perhaps the most memorable was the most instructive. He explained to me that when it comes to buying auto insurance – or for that matter any insurance, he said, “Most people don’t know what they bought, and they don’t find out until they’re filing a claim.” When I was a bit younger, this statement would easily have applied to me.
Click here to read our report about things to think about / look for when buying auto insurance in Queens.
Home Insurance In Queens
Buying Home Insurance In Astoria, LIC, Sunnyside, Woodside, Jackson Heights, Corona, Flushing & Jamaica
April 12, 2011 / Queens Business / Queens Buzz. I did a bit of research into some of the things to think about when buying home insurance, condo insurance or renters insurance in Queens neighborhoods. This class of insurance is known as property & casualty. It covers assets, such as homes and autos from damage or loss for various events.
Insurance Underwriters – Home Insurance In Queens
We’ve all heard the term underwriter, but many people don’t know exactly what that means. The underwriter is the institution that essentially ‘takes the bet’ that they’re going to benefit more from the receipt of your insurance premiums than they’re going to pay out in losses. On some of their policies this will not be true, but on average it will be – otherwise they wouldn’t be in business.
Click here to read more about things to consider while buying home insurance, condo insurance or renters insurance in Queens.
Real Estate Lending & Mortgages
CAREA / Chinese American Real Estate Assn - Flushing
May 22, 2010 / Flushing / Queens Buzz. On Saturday in Flushing there was a Real Estate Expo event hosted by the Chinese American Real Estate Association [CAREA] in Flushing. This expo is an evolution of the Home Buyers Expo, which was an event they had hosted last year with a private sponsor. The Home Buyer Expo had focused on issues such as how to find a house, how to take the house into contract and how to close on the house. Last year there were ten vendors at the expo offering financial, real estate and legal services.
Real Estate Lending - Home Buying In Queens
We visited the expo in search of information about the state of mortgage lending in Queens. Given the Asians seem to be America's financiers, we thought this expo might be a good place to research this question. The following story is focused providing some background about CAREA and its events, as well as on the current state of mortgage lending in Queens.
This year the CAREA event scope was expanded and it attracted about 40 - 50 vendors. The expo focus changed from buying a home, to buying and managing a home. Hence this year vendors included tax services, energy services, remodeling services as well as vendors offering financial, real estate and legal services.
Click here to read our full report about real estate finance and mortgage lending in Queens based on information gathered at the CAREA Real Estate Expo in Flushing.
Finance - Banks & Loans In Queens Related Info
Click this link for promotions, discounts and coupons in Queens.
Click this link to go to the Astoria Neighborhood / Long Island City LIC Neighborhood / Sunnyside Woodside Neighborhood News / Jackson Heights Elmhurst Neighborhood / Flushing Corona Neighborhood / Jamaica Neighborhood.
Archives - TBD
Site Search Tips. 1) For best results, when typing in more than one word, use quotation marks - eg "Astoria Park". 2) Also try either singular or plural words when searching for a specific item such as "gym" or "gyms".
Click this link to search for something in our Queens Business Directory.
Click the log in link below to create an ID and post an opinion.
Or send this story to a friend by filling in the appropriate box below.