New York State Government and Public Real Estate News

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 »

NYC Real Estate Listings

CHICAGO – November 17, 2014 – (RealEstateRama) — In recognition of his outstanding professionalism and commitment to service both within the real estate industry and the community, Robert M. White, Jr., CRE, founder and president of Real Capital Analytics (RCA), New York City, was presented with the 2014 James D. Landauer/John R. White Award by The Counselors of Real Estate® at its Annual Convention in October in Boston. The honor recognizes White’s distinguished record of leadership in the real estate investment and brokerage industries, as well as his impressive record of supporting civic causes. more »

WASHINGTON, D.C. – November 4, 2014 – (RealEstateRama) — Mark Line Industries was hired as part of a project for the New York City Office of Emergency Management to manufacture a modular post-disaster housing prototype for displaced city residents in the event of a catastrophic natural or manmade disaster. These multi-story, multi-family units can be deployed in less than 15 hours, in various arrangements, and calibrated for challenging urban conditions. more »

WASHINGTON, D.C. – October 28, 2014 – (RealEstateRama) — A new supportive housing project in the Bronx is helping advance national efforts to end homelessness among veterans. Bridge Gardens, opened last week, is providing high-quality apartments and social services to chronically homeless, mentally ill veterans who are trying to reclaim their independence. It is the latest project supported by LISC’s national Bring them HOMES initiative—a collaboration with National Equity Fund that has supported, 2,500 apartments for veterans across the country. It came to life thanks to the commitment of The Bridge, which developed the project, and a mix of public and private funding, including a critical grant from Citi Community Development. more »

Project Collects and Analyzes Large Amounts of ‘Big Data’ in an Effort to Improve Urban Life

WASHINGTON, D.C. – October 27, 2014 – (RealEstateRama) — New York University’s Center for Urban Science & Progress (CUSP) today unveiled its Urban Observatory, a project that will persistently observe and analyze New York City in an effort to better understand the “pulse of the city” in various states, such as mobility, energy use, communications and economics. The data gathered from the Urban Observatory will ultimately be used to improve various aspects of urban life, including energy efficiency, detecting releases of hazardous material, tracking pollution plumes, aiding in post-blackout restoration of electrical power, and more. more »

Washington, D.C. – October 1, 2014 – (RealEstateRama) — The Conference of State Bank Supervisors (CSBS) announced today that the New York State Department of Financial Institutions and the Ohio Division of Financial Institutions have begun using the National SAFE mortgage loan originator (MLO) test with Uniform State Content on the Nationwide Multi-State Licensing System & Registry (NMLS), bringing the total number of state agencies using the test to 43. more »

Congressman Gibson cites improvements to federal workforce development programs

WASHINGTON, D.C. – July 15, 2014 – (RealEstateRama) — Congressman Chris Gibson (NY-19) announced the House of Representatives passed the Workforce Innovation and Opportunity Act, improving federal job training programs that serve Upstate New Yorkers. more »

ALBANY – July 15, 2014 – (RealEstateRama) — Congressman Paul Tonko (D-NY) released the following statement after confirming with the Department of Health and Human Services (HHS) that the federal government is no longer considering Kenwood Academy in Albany as a potential facility to house undocumented children. Tonko’s office has also confirmed that Syracuse is the only location in the state of New York currently being considered by HHS. more »

Grants will build and preserve 769 units and strengthen affordable homeownership

Albany, NY (June 17, 2014)

WASHINGTON, D.C. – June 18, 2014 – (RealEstateRama) — Governor Andrew M. Cuomo today announced 37 awards, totaling $14 million, to rehabilitate and construct low- and moderate-income housing in every region across the state. The competitive awards are made to local municipalities and not-for-profit organizations to help revitalize communities and drive local economic activity. more »

Trained Staff Available to Help with Insurance Issues From 8 a.m. to 3 p.m., Thursday at Branchport Free Library
Residents May Also Get Help by Calling DFS Disaster Hotline, 1-800-339-1759

Albany, NY – May 29, 2014 – (RealEstateRama) — Governor Andrew M. Cuomo today deployed the Department of Financial Services’ (DFS) Mobile Command Center to Branchport in Yates County to help Finger Lakes area homeowners and businesses affected by flooding. The Governor also outlined resources and advice for flood victims who are dealing with their insurance companies to help them get the relief to which they are entitled as quickly as possible, including the availability of a DFS Disaster Hotline at 1-800-339-1759. more »

New York, N.Y. – May 28, 2014 – (RealEstateRama) — The U.S. Environmental Protection Agency has reached an agreement with the Atlantic Funding and Real Estate home building company and its owner, Alfred Spaziano, to address violations of federal rules that reduce pollution from contaminated stormwater runoff at its Gateway Landing construction site in Green and Gates, New York. Under the agreement, Atlantic Funding is required to comply with all stormwater control requirements and will pay a $50,000 penalty. more »

WASHINGTON – May 26, 2014 – (RealEstateRama) — Congresswoman Carolyn B. Maloney (NY-12), the top Democrat on the House Financial Services Subcommittee on Capital Markets and Government Sponsored Enterprises, today released the following statement on the impending nominations of Julián Castro to be the next secretary of the Department of Housing and Urban Development (HUD) and Shaun Donovan as Director of the Office of Management and Budget (OMB) . more »

New System Allows for Boaters to See Location of Bridge Construction Vessels

Albany, NY – May 26, 2014 – (RealEstateRama) — Governor Andrew M. Cuomo today announced a new Global Positioning Satellite (GPS) system to track construction vessels in the area of the New NY Bridge project. An interactive map showing vessel locations on the Hudson River is now available on the project website,, for recreational and commercial boaters to get updated information on this very active construction zone. The GPS tracking system is just one of the new boater safety enhancements being instituted by the New York State Thruway Authority, Tappan Zee Constructors, LLC (TZC) and the United States Coast Guard as the summer boating season gets underway with the Memorial Day holiday weekend. more »

Richmond Place Provides 117 New Affordable Units for Low-Income Families; Richmond Hill Senior Living Residence Offer 65 Units for Older New Yorkers
Both New Developments Were Constructed on a Remediated Brownfield Location

Queens, NY – May 22, 2014 – (RealEstateRama) — The New York City Department of Housing Preservation and Development (HPD), New York City Housing Development Corporation (HDC) and New York State Homes & Community Renewal (HCR) joined the Arker Companies, project partners and elected officials to celebrate the opening of Richmond Place and Richmond Hill Senior Living Residence, two new affordable housing developments built side-by-side on a formerly contaminated site in the Richmond Hill neighborhood of Queens. The new Richmond Place development includes a total of 117 units for affordable housing with 24 of those units designated to serve formerly homeless families. Richmond Hill Senior Living Residence is a 65-unit development for adults age 62 and older. more »

Albany, NY – May 22, 2014 – (RealEstateRama) — The New York State median home sales price held steady in April at $215,000 compared to April 2013, while the number of closed sales fell by more than 11 percent compared to a year ago, according to the housing market report released today by the New York State Association of REALTORS. Sales dropped 1.8 percent compared to the start of 2013. more »

WASHINGTON – May 21, 2014 – (RealEstateRama) — Congresswoman Carolyn B. Maloney (NY-12), Ranking Member of the Financial Services Subcommittee on Capital Markets and GSEs, today released the following statement in response to Housing and Insurance Subcommittee Chairman Randy Neugebauer’s (TX-19) offer to meet with Financial Services Committee Democrats “in the very near future” to discuss reauthorizing TRIA. more »

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