New York State Government and Public Real Estate News

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Congressman Paul Tonko announced today that the Albany County Airport Authority will receive $1,153,216 from the U.S. Department of Transportation (DOT) to rehabilitate the terminal building at Albany International Airport. The project will fund the first of two phases to replace approximately 126,000 square feet of the terminal roof that has reached the end of its useful life.
Scores of workers, tenants, elected officials and union leaders came together at 1711 Fulton Street in Bedford-Stuyvesant on Thursday night to call on the building owner to restore good jobs for the building’s workers, who saw their pay cut and were harassed and fired because of their union membership
The New York Power Authority (NYPA) Board of Trustees today approved an allocation of 100 kilowatts of low-cost hydropower to Finger Food Products for an expansion project in Niagara County. The $3 million project will lead to the creation of 11 new jobs
On Thursday, New York City Comptroller Scott M. Stringer, New York State Comptroller Thomas P. DiNapoli, and California State Treasurer John Chiang released a joint letter to Polish Prime Minister Ewa Kopacz calling on her government to adopt measures to restore real property and provide restitution to victims of the Holocaust. Seven decades after the end of World War II, Poland remains the only European Union member-state, and the only major former Soviet-bloc country, with no legislation establishing a pathway to compensation or restitution.
Representative Eliot L. Engel, the leading Democrat on the House Committee on Foreign Affairs, today applauded the introduction in the Senate of a companion measure to his legislation aimed at cutting OFF resources from ISIS terrorists. Yesterday, Senators Bob Casey (PA), Chuck Grassley (IA), and David Perdue (GA) introduced a Senate version of Rep. Engel’s Protect and Preserve International Cultural Property Act (HR 1493), which would impose import restrictions on looted artifacts and enhance U.S. government efforts to protect cultural heritagearound the world. Representative Engel’s bill passed unanimously in the House last month
Nassau County Executive Edward P. Mangano and the Nassau County Industrial Development Agency today announced the approval of an economic development compact for a proposed $8 million apartment project in downtown Farmingdale. The project will provide much-needed new rental options in the County and provide a boost to businesses in downtown Farmingdale and eastern Nassau
Today, on a conference call with reporters, U.S. Senator Charles E. Schumer said a new Commerce Department plan will negatively impact power utility companies’, banks’, and telecommunication companies’ ability to protect themselves from cyberattacks. Schumer said that Commerce Department officials recently promulgated a new rule that would inhibit the development of new security software and restrict a company’s ability to use software that helps it test its firewall strength
The New York Department of State will hold a public meeting on August 7, 2015 at 10:30 a.m., regarding the real estate appraisal profession. The meeting will take place at the following locations: 99 Washington Avenue, Albany; 65 Court Street, Buffalo; and, 123 William Street, New York City. The public has the right to attend the meeting at any of these locations.
The New York Power Authority and the Metropolitan Transportation Authority said today they will activate a program to reduce electricity use in response to anticipated higher energy demand on hot and humid days.
Manhattan Borough President Gale A. Brewer issued the following statement on energy conservation during this week's extreme summer heat: “Mayor de Blasio was absolutely right to note the importance of energy conservation and suggest New Yorkers refrain from running their air conditioners at the coolest possible temperature. We must all work together to reduce the risk of blackout and brownout conditions.
Governor Andrew M. Cuomo announced today that the three state operated ski resorts at Belleayre, Gore and Whiteface Mountain have committed to using solar power to operate their ski lift and snowmaking operations
he Federal Home Loan Bank of New York (“FHLBNY”) today released its unaudited financial highlights for the quarter ended June 30, 2015. “Twenty-five years ago this month, the first Affordable Housing Program grants were made,” said José R. González, president and CEO of the FHLBNY. “In the quarter-century that has followed, our consistent performance has positioned the Federal Home Loan Bank of New York to be a reliable partner for both our members and the communities we all serve.
Community leaders, affordable-housing advocates and key investment partners toured a new 68-unit affordable-housing development under construction in the Bronx that will integrate high-quality affordable housing with supportive services.
New York State Homes and Community Renewal (HCR) Commissioner/CEO James S. Rubin announced the latest round of funds and tax credits, totaling over $200 million, for the preservation and construction of affordable housing statewide. The financing will be made available by HCR via Unified Funding, a competitive Request for Proposal (RFP) process that allows applicants to apply for 11 different funding sources using a single online application
One of America’s oldest and most prestigious real estate brands, HUNT Real Estate ERA, has launched the real estate industry’s hottest new technology – marketing automation – a move that will “shave years” off the total time its more than 1,000 agents typically spend marketing listings annually.
Workers, tenants, elected officials and union leaders will rally at 1711 Fulton Street in Brooklyn’s Bedford-Stuyvesant neighborhood on Thursday night to call on the building owner to restore good jobs for the building’s workers, who saw their pay cut and were harassed and fired because of their union membership
Michael St. Claire, 36, was sentenced by U.S. District Judge William G. Young to six months in prison, an additional four months of home confinement, and ordered to pay $1,257,945 in restitution. St. Claire previously pleaded guilty to conspiracy to commit wire fraud
Governor Andrew M. Cuomo today announced that he is deploying Department of Financial Services representatives to the Southern Tier to offer foreclosure prevention assistance to financially struggling homeowners.
Congresswoman Nita Lowey (Westchester/Rockland), the Ranking Member on the House Appropriations Committee, today announced $42,895,811 million in FY2015 Federal Emergency Management Agency (FEMA) emergency preparedness grants for the Metropolitan Transit Authority (MTA) and the New York/New Jersey Port Authority, an increase of $11,055,336 over last year’s allocation.
Today, at a community forum at the Telesca Center for Justice, Empire Justice Center released its most recent report, “The River Runs Dry II: The Persistent Mortgage Drought in Rochester’s Communities of Color,” analyzing home purchase lending in the Rochester metro area and the City of Rochester
At Gillibrand & Schumer’s Urging, Feds Lift Restrictions for Hundreds of Sandy Homeowners Currently Disqualified for Disaster Aid

HUD Rules Allow NYC to Complete Environmental Reviews For Eligible Homeowners Seeking Sandy Reimbursement

Washington, DC – July 31, 2013 – (RealEstateRama) — Today, U.S. Senators Kirsten Gillibrand, a member of the Environment and Public Works Committee, and Charles E. Schumer announced that the Housing and Urban Development (HUD) agency revised its regulations to allow New York City to expedite reimbursement for home repairs and rehabilitation for Short-term rent hundreds of Sandy homeowners currently deemed ineligible. Previously, HUD regulations blocked the City from conducting environmental reviews for Sandy victims’ homes that were “substantially damaged,” which is defined as losses greater than half the value of their home. According to City estimates, this restrictive policy means hundreds of homeowners who already made repairs to their homes are ineligible to receive CDBG reimbursement. StreetEasy – NYC Real Estate and NYC Real Estate Listings more »

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