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Yearly Archives: 2012

Survivors with Ongoing Housing Needs Should Stay in Touch with FEMA

New York<, NY - December 27, 2012 - (RealEstateRama) -- The Federal Emergency Management Agency understands that some Hurricane Sandy survivors may need additional temporary rental assistance to help them achieve their permanent housing goals.

FEMA’s Partners Helping Fund Housing Repairs in NYC

NEW YORK, NY - December 24, 2012 - (RealEstateRama) -- The Federal Emergency Management Agency is just one part of the disaster recovery team. A variety of local, state and federal resources are available to help New Yorkers repair or rebuild their homes.

FEMA, SBA Assistance to New York Survivors Tops $1 Billion

NEW YORK, NY - December 21, 2012 - (RealEstateRama) -- Federal disaster assistance for Hurricane Sandy survivors tops $1 billion in New York. The Federal Emergency Management Agency has approved grants of more than $802 million for rental assistance, home repairs and other needs. The U.S. Small Business Administration has approved low-interest disaster loans of more than $232 million to help homeowners and renters recover from uninsured property loss and other damages.

New York City Economic Development Corporation Selects Developer to Transform Vacant Flushing Property into...

New York , NY - December 19, 2012 - (RealEstateRama) -- New York City Economic Development Corporation (NYCEDC) today announced the selection of Success 88 LLC, a local Queens developer, to transform a vacant property in the heart of Flushing, Queens into a vibrant mixed-use development. Located at 135-15 40th Road, the current building on the property has been vacant since 2005. Success 88 will build up to 12,000 square feet consisting of community and commercial space as well as ground floor retail

FEMA Helps Survivors Solve Housing Needs

NEW YORK, NY - December 19, 2012 - (RealEstateRama) -- The Federal Emergency Management Agency and our federal partners are working closely with the state to address the housing needs of New Yorkers displaced by Hurricane Sandy. Our priority is to help survivors move out of hotel rooms and into apartments or their safe, repaired homes.

New York Fed Study Examines Manhattan Housing Market

New York, NY - December 18, 2012 - (RealEstateRama) -- While New York City rents have rebounded in the past couple of years, renting still appears to offer a better financial value than buying in the Manhattan housing market, according to a recent study by the Federal Reserve Bank of New York

FEMA Continues Outreach on Rebuilding Safer and Stronger

NEW YORK, NY - December 18, 2012 - (RealEstateRama) -- New Yorkers beginning the rebuilding process will have more opportunities to receive technical information on improvements to protect their homes from future storms.

Gillibrand, Hochul Announce Senate Passage of Bipartisan Clothe Homeless Hero’s Act

Washington, D.C. - December 17, 2012 - (RealEstateRama) -- U.S. Senator Kirsten Gillibrand and Congresswoman Kathy Hochul today announced Senate passage of the Clothe a Homeless Hero Act, legislation that directs the Transportation Security Administration (TSA) to work with the Department of Veterans Affairs (VA) and local charities to send clothing that is left unclaimed at airport security checkpoints to homeless veterans and their families.

Governor Cuomo Announces Banks and Mortgage Servicers to Expedite Insurance Payments to Homeowners

Albany, NY - December 12, 2012 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced that major banks and mortgage servicers will take action to expedite insurance payments to New York homeowners. Currently, insurance claim checks must be endorsed by the banks or mortgage servicers before homeowners can cash them, causing frustrating delays at a time when the money is needed for home repairs or for living expenses. These new actions will enable the insurance companies to get the money to homeowners faster

Statement by Senator Dean Skelos on Reelection as Senate Republican Leader

December 12, 2012 - (RealEstateRama) -- I am honored that the members of our Senate Republican Conference have voted unanimously today to reelect me as their leader. I appreciate their support and confidence, and look forward to being a strong voice for their priorities.

Mangano Urges Storm Victims To Complete FEMA Continuing Rental Assistance Form

December 11, 2012 - (RealEstateRama) -- Nassau County Executive Edward P. Mangano reminded residents that they must complete a Federal Emergency Management Agency (FEMA) “Declaration for Continuing Need for Rental Assistance” form in order to continue to receive rental assistance.

FEMA Awards more than $254 million to Rebuild New York

NEW YORK, NY - December 10, 2012 - (RealEstateRama) -- This week, the Federal Emergency Management Agency announced three new Public Assistance (PA) grants to New York, bringing the total awarded since Hurricane Sandy to $254 million. PA grants will be used to reimburse the New York Police Department, New York University Langone Medical Center and the City of New York Department of Sanitation for part of the cost incurred saving lives, protecting property and cleaning up New York before, during and after the hurricane

Survivors Must Contact FEMA to Keep Temporary Housing Assistance

New York, NY - December 10, 2012 - (RealEstateRama) -- Hurricane Sandy survivors, who received temporary housing assistance from the Federal Emergency Management Agency, and continue to have a housing need, must fill out an important form for additional short-term rental assistance

FEMA to Provide Rebuilding Workshops at Local Home Improvement Stores

NEW YORK, NY - December 10, 2012 - (RealEstateRama) -- New York residents beginning the rebuilding process will have another opportunity to get expert advice from the Federal Emergency Management Agency (FEMA). Beginning on Tuesday, December 11, FEMA mitigation specialists will be at five new locations to offer guidance on ways homeowners can build safer and stronger in the aftermath of Hurricane Sandy.

MAYOR BLOOMBERG, HUD SECRETARY DONOVAN AND REAL ESTATE INDUSTRY GROUPS ANNOUNCE THE LAUNCH OF...

New York, NY - December 7, 2012 - (RealEstateRama) -- Mayor Michael R. Bloomberg, U.S. Department of Housing and Urban Development Secretary Shaun Donovan, New York City Department of Housing Preservation and Development Commissioner Mathew M. Wambua, and Director of Housing Recovery Operations Brad Gair today announced NYC Housing Recovery, a City initiative to make a pool of vacant apartments available exclusively for New Yorkers that have been displaced from their homes because of Hurricane Sandy. Displaced households will be able to register with the City for assistance in finding short or long-term housing through this new program.

The New York City Housing Authority Receives a $7.1 Million Grant from the U.S....

New York, NY - December 6, 2012 - (RealEstateRama) -- The New York City Housing Authority (NYCHA) has received a $7.1 million National Emergency Grant from the United States Department of Labor to hire residents for post-Sandy recovery jobs in NYCHA developments. The funds will be used to cover the costs for 378 jobs at NYCHA from Caretaker to Community Outreach Worker. New Yorkers in impacted areas who lost employment as a result of Sandy will be given priority for these positions. NYCHA will conduct special outreach to public housing residents in these areas. The temporary job program provides funding assistance for up to six months in response to significant dislocation events like Hurricane Sandy.

Take Precautions in Your Home After Hurricane Sandy

NEW YORK, NY - December 6, 2012 - (RealEstateRama) -- As New Yorkers remain in their homes or begin to consider returning home following Hurricane Sandy, the State of New York and the Federal Emergency Management Agency urge them to be careful, remain safe and plan properly for their future well-being.

MAYOR BLOOMBERG AND SPEAKER QUINN JOIN RELATED COMPANIES AND OXFORD PROPERTIES GROUP TO BREAK...

New York, NY - December 4, 2012 - (RealEstateRama) -- Mayor Michael R. Bloomberg and City Council Speaker Christine Quinn today joined Related Companies Chairman Stephen M. Ross and OMERS Investment Committee Chair Bill Aziz to celebrate the start of construction at the Hudson Yards – a 26-acre site that was the single largest piece of undeveloped property in Manhattan now set to become the centerpiece of the historic expansion of midtown Manhattan’s central business district to the west side. Construction commenced today on the first tower, the 1.7 million-square-foot, 47-story South Tower – at the northeast corner of 10th Avenue and 30th Street – the future home of Coach Inc.’s world headquarters.

The New York City Housing Authority Extends Housing Court and Eviction Moratorium to February

New York, NY - December 3, 2012 - (RealEstateRama) -- “The New York City Housing Authority has announced an extension of its moratorium on housing court actions and evictions by one more month for residents living in developments affected by Hurricane Sandy. The moratorium effective, November 15, 2012, will now extend through February 1, 2013. NYCHA management will not start any new housing court actions or perform evictions for residents in affected developments for non-payment; there will be no new 30-day notices to vacate; no new 10-day notices to quit; and existing eviction cases may continue, but adjournments may be granted liberally.”

MAYOR BLOOMBERG DISCUSSES THE CITY’S ONGOING EFFORTS TO HELP RESIDENTS AND HOMEOWNERS RECOVER FROM...

New York, NY - December 3, 2012 - (RealEstateRama) -- “With winter at hand, we’re intensifying our efforts to help all the New Yorkers still suffering from Hurricane Sandy. Last week, we took new steps to protect thousands of New Yorkers who still lack power, heat or hot water in their homes from winter and its falling temperatures.

Governor Cuomo Warns New Yorkers Against Home Repair Scams in Wake of Sandy

Albany, NY - December 3, 2012 - (RealEstateRama) -- Governor Andrew M. Cuomo today warned New Yorkers to protect themselves from home repair scam artists, who will try to take advantage of unsuspecting homeowners who suffered property damage from Storm Sandy.

Home Price Indexes Provide Detail on Regional Housing Market

New York, NY - December 3, 2012 - (RealEstateRama) -- The New York Fed today released a new interactive tool that provides data on the state of the housing market recovery in New York, New Jersey and Connecticut.

SBA Loans Help Homeowners and Renters, Not Just Business

NEW YORK, NY - December 3, 2012 - (RealEstateRama) -- Don't let the word "business" in the name U.S. Small Business Administration (SBA) fool you. If you are a homeowner or renter, the SBA is a primary source of federal funds for long-term recovery.

FEMA Rebuilding Experts Will Offer Free Advice at Home Depots

NEW YORK, NY - December 3, 2012 - (RealEstateRama) -- People whose property was damaged or destroyed in Hurricane Sandy and are ready to start rebuilding can get advice from experts. Specialists who are knowledgeable in all facets of cleanup and building safer and smarter to avoid future losses will be dispensing guidance free of charge, compliments of the Federal Emergency Management Agency.

MAYOR BLOOMBERG AND ENVIRONMENTAL PROTECTION COMMISSIONER STRICKLAND SUSPEND WATER BILLS FOR PROPERTIES SEVERELY DAMAGED...

New York, NY - November 30, 2012 - (RealEstateRama) -- Mayor Michael R. Bloomberg and Department of Environmental Protection Commissioner Carter H. Strickland Jr., today announced that the City will temporarily suspend water bills for customers whose properties were severely damaged by Hurricane Sandy. Residential and commercial properties that the Department of Buildings has tagged red, meaning they are damaged beyond repair or in need of extensive structural repairs, as well as those that have been tagged yellow, meaning that they have less extensive but still significant damage, will not have to make a monthly water bill payment until June 1, 2013.