Sep 6th, 2008 by New York Real Estate
Washington, D.C. – September 5, 2008 - (RealEstateRama) — Senators Charles E. Schumer and Hillary Rodham Clinton today welcomed an announcement by the Department of Housing and Urban Development (HUD) that the agency has released a new bid package to address the sale of the ElJay apartments located in Syracuse, NY. more »
Sep 5th, 2008 by New York Real Estate
Albany, NY - September 04, 2008 - (RealEstateRama) — Governor David A. Paterson and Nassau County Executive Thomas R. Suozzi today announced a series of public hearings on property taxes that will be convened across New York State. The six hearings will be led by County Executive Suozzi, Chairman of the Commission on Property Tax Relief, and are designed to gather information on issues that the Commission identified as needing special consideration as it seeks to provide overdue relief to property owners and reduce local costs. In addition to expert testimony, each hearing will include a public forum to invite comments from other interested parties on the specific issues identified by the Commission. more »
Sep 4th, 2008 by New York Real Estate
Brooklyn, NY - September 3, 2008 - (RealEstateRama) — A superseding indictment was unsealed today in federal court in Brooklyn charging JULIAN TZOLOV and ERIC BUTLER, former brokers at Credit Suisse Securities (USA) LLC (“Credit Suisse”) with conspiracy, securities fraud, and wire fraud. The superseding indictment alleges that the defendants schemed to obtain higher sales commissions by selling auction rate securities (“ARS”) backed by mortgages to Credit Suisse clients who, in fact, had placed orders to buy ARS backed by student loans. more »
Sep 4th, 2008 by New York Real Estate
September 3, 2008 - (RealEstateRama) — The Securities and Exchange Commission today charged two Wall Street brokers with defrauding their customers when making more than $1 billion in unauthorized purchases of subprime-related auction rate securities. The SEC’s Division of Enforcement in 2007 formed a subprime working group, which is aggressively investigating possible fraud, market manipulation, and breaches of fiduciary duty that may have contributed to the recent turmoil in the credit markets. more »
Sep 4th, 2008 by New York Real Estate
New York, NY - September 2, 2008 - (RealEstateRama) — SL Green Realty Corp. (NYSE: SLG) signed a total of 103 lease agreements covering 975,578-square feet at various buildings in its 30-building portfolio of Manhattan properties as the second quarter of 2008 came to a close. more »
Sep 2nd, 2008 by New York Real Estate
West Babylon, NY - September 2008 - (RealEstateRama) — The Long Island Board of Realtors (LIBOR) has announced plans to increase voter registration throughout Queens, Nassau and Suffolk in what has been described as one of the most important presidential elections in decades. Realtors across Long Island are being encouraged to vote and to register their friends, families, neighbors, customers, open house attendees and most of all - members of the general public. more »
Sep 2nd, 2008 by New York Real Estate
Albany, NY - September 2, 2008 - (RealEstateRama) — Sales of existing single-family homes in New York State in July outpaced the June sales total by more than 6 percent, according to preliminary single-family sales data accumulated by the New York State Association of REALTORS. more »
Aug 30th, 2008 by New York Real Estate
New York, NY - August 19, 2008 - (RealEstateRama) — Taking strong action to address a flagging state economy and impending budget deficits, Assembly Speaker Sheldon Silver, Assembly Ways and Means Committee Chair Herman D. Farrell and Assembly Committee on Real Property Taxation Chair Sandra Galef announced today that the Assembly passed legislation capping the amount of property taxes to be paid by working families and seniors based on income (A.11838). more »
New York, NY - August 30, 2008 - (RealEstateRama) — The Lower Manhattan Development Corporation (LMDC) along with the Hudson River Park Trust were proud to announce the opening of the newest section of park. This section of park in Tribeca was made possible with the allocation of $70 million by the LMDC. With this opening the 550-acre Hudson River Park is approximately 50 percent finished. more »
Aug 30th, 2008 by New York Real Estate
WHO: The New York State Office for the Aging and the Department of State are launching an innovative new project called “Planning and Zoning Initiative: Housing for Older Persons,” which is designed to help communities plan for the housing and community design needs of the State’s older population. more »
