New York Community Bank
ORG
New York Community Bank
The coalition, Housing Here and Now, called on the New York Community Bank, which has 150 branches in the metropolitan area, to regularly inspect dilapidated buildings on which they hold mortgages. The group also proposed that the bank's planned acquisition of another bank, Atlantic Bank of New York, be held up until New York Community Bank compels its clients to maintain their buildings, which the group said the bank has the power to do under a so-called good repair clause in its mortgage agreements. New York Community Bank operates a network of branches including Queens County Savings Bank and Roslyn Savings Bank.