New York State Government and Public Real Estate News

Sunrun, the largest dedicated residential solar company in the U.S., today announced a partnership with the Westfield Corporation to bring interactive stations to malls in New York and California. Beginning this week, Westfield malls will unveil stations that educate consumers on the ease and cost savings of making the switch to solar, and provide customized home proposals in minutes.
U.S. Senator Charles E. Schumer today urged the U.S. Department of Agriculture (USDA) to meet with locals in the Village of Avon in Livingston County to help find ways to make repairs and upgrades to its storm water infrastructure possible in order to prevent future flood damage. Schumer explained that in July 2014 and May 2015, the small village and its residents and businesses experienced severe damage due storm-induced flooding
Orange County Executive Steven M. Neuhaus announced on Thursday that the Department of Public Works has received a rebate for $16,500 by participating in Orange and Rockland’s Big Energy Solutions Rebate Program.
The New York City Housing Development Corporation (HDC), Department of Housing Preservation and Development (HPD) and New York State Homes and Community Renewal (HCR), join Rockower Corp., M. Melnick & Co., Inc. and partners to celebrate the groundbreaking for 810 River Avenue, the first project to benefit from the 161 Street / River Avenue Rezoning. A green, mixed-use, mixed-income, transit-oriented development, 810 River Avenue will include 134 units of affordable housing for very low-, low-, and middle-income households.
USAA Real Estate Company ("RealCo") today announced the acquisition of two mid-block office properties located in Manhattan's highest growth submarket, Times Square South which gives onto the 34th Street retail corridor, a high traffic pedestrian neighborhood located between Time Square, Penn Station and Hudson Yards.
Attorney General Eric T. Schneiderman today announced the sentencing of licensed attorney Theresa Sanders, 56, of Fabius, New York, to 2 1/3 to 7 years in state prison. Sanders pleaded guilty earlier this year for her role in a million-dollar mortgage fraud ring that operated in the Syracuse area for years, preying upon both first-time home buyers and institutional lenders.
U.S. Senator Charles E. Schumer today urged the U.S. Department of Housing and Urban Development (HUD) to conduct a top-to-bottom review of the living conditions and management of the Towne Garden Apartment complex in Buffalo. Schumer explained that residents of the federally-subsidized apartment building have complained of broken toilets, mold, leaking roofs, not enough heat, and parking lot lights that have been inoperable for months
Home sales and selling prices continued on an upward trend in April, according to the housing market report released today by the New York State Association of REALTORS. The April 2015 sales total of 7,207 units was up 1.3 percent from April 2014.
Governor Andrew M. Cuomo today announced the state acquisition of the Berry Pond Preserve in Warren County, which was attained to protect water quality in Lake George and its tributaries. New York State purchased the 1,436-acre property from the Lake George Land Conservancy with $1.7 million from the Environmental Protection Fund.
NEW YORK, NEW YORK - May 21, 2015 - (RealEstateRama) -- The New York City Department of Housing Preservation and Development (HPD), New York City Department of City Planning (DCP), and New York City Department of Buildings (DOB) joined Monadnock Development and partners to celebrate the stacking of the first modules in the Carmel Place micro-unit development
The New York Power Authority (NYPA) trustees have approved a $2.9 million contract for the construction and relocation of the winter mooring operations of NYPA’s ice boom tugboats and barge to a new area within the First Buffalo Marina.
Manhattan District Attorney Cyrus R. Vance, Jr., today announced the indictment of ROBERT DEPALO, 60, JOSHUA GLADTKE, 37, PANGAEA TRADING PARTNERS, LLC. (“PANGAEA”), and EXCALIBUR ASSET MANAGEMENT, LLC. (“EXCALIBUR”) for defrauding foreign investors based in the United Kingdom out of approximately $6.5 million through a private offering in New York.
The New York State Department of Taxation and Finance today reminded all property owners - including homeowners and businesses - to check their assessments for accuracy. The deadline to contest your property assessment, also known as "Grievance Day," is May 26th in most communities
NextGen sets NYCHA on a new path to financial solvency, allowing the Authority to make significant investments in its 178,000 units, and dramatically improve quality of life for the 400,000 residents living in public housing
In an effort to address emergency, safety and security needs, the U.S. Department of Housing and Urban Development today awarded $45,000 to the Catskill Housing Authority to help fight crime and drug activities at its Hop-O-Nose Homes development. The funding announced today is part of $6 million awarded nationwide to help secure public housing and one of two grants announced in New York State, with the other going to the New York City Housing Authority.
The New York State Senate today acted on one of its top end-of-session priorities by passing legislation to make the property tax cap permanent. The bill (S5597), sponsored by Senate Majority Leader John Flanagan (R-C-I, East Northport), would prevent the planned expiration of the tax cap to continue saving taxpayers billions of dollars each year, increase investments by businesses, and create more jobs
New York City-based nonprofit organization The Doe Fund were joined by the New York City Department of Housing Preservation and Development (HPD) and development partners today to announce plans for a new 60-unit development located at 1420 Crotona Park East in The Bronx. The soon-to-be constructed eight-story development will include a total of 60 supportive, affordable housing units of which, 36 apartments will be reserved for clients of the city’s HIV/AIDS Services Administration (HASA).
The $1.8 million 2015 Owner-Occupant Roofing Program started in February and is split into two rounds of funding. Grant awards cover the cost of roof replacement and other related repairs such as gutters, downspouts, roof flashing and minor chimney repair up to $12,000.
The bill (S5597), sponsored by Senate Majority Leader John Flanagan (R-C-I, East Northport), would prevent the planned expiration of the tax cap to continue saving taxpayers billions of dollars each year, increase investments by businesses, and create more jobs.
Congressman Brian Higgins (NY-26) introduced a new strategy to repair our nation’s infrastructure today, the Nation Building Here At Home Act of 2015. The bill aims to create a new grant program to rebuild our nation’s roads, bridges, transit systems, and water infrastructure.
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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