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Monthly Archives: May 2013

SHAHEEN: $168,500 FOR MANCHESTER HOUSING AUTHORITY GRANT A STEP FORWARD FOR HOMELESS VETS

Washington, DC - May 30, 2013 - (RealEstateRama) -- A $168,500 grant for the Manchester Housing & Redevelopment Authority will provide permanent housing to 20 homeless veterans and is a positive step forward to battling veterans homelessness in the state, U.S. Senator Jeanne Shaheen (D-NH) said today. The supportive housing assistance is provided through the HUD (U.S. Housing and Urban Development)-Veterans Affairs Supportive Housing (HUD-VASH) Program, which combines rental assistance from HUD with case management and clinical services provided by the U.S. Department of Veterans Affairs (VA).

Maloney Announces HUD Investment in Orange County Lead Safe Program

Newburgh, NY - May 29, 2013 - (RealEstateRama) -- Representative Sean Patrick Maloney announced that the U.S. Department of Housing and Urban Development awarded Orange County’s Lead Safe Program with a Lead Based Paint Hazard Control grant and Healthy Homes Initiative funding. This investment will help Orange County’s Office of Community Development clear homes of lead paint and fire hazards, improving the living conditions and safety of children and families across Orange County

A.G. Schneiderman & Senate Majority Coalition Leader Klein Highlight Foreclosure Relief Bills

MINEOLA - May 29, 2013 - (RealEstateRama) -- Attorney General Eric T. Schneiderman and New York State Senate Majority Coalition Leader Jeff Klein today highlighted the "Certificate of Merit" bill (A. 5582) and the Foreclosure Fraud Prevention Act (A.7395), two important pieces of legislation to protect New York homeowners facing foreclosure. Both bills passed the New York State Assembly last week, and will be soon be decided on by the New York State Senate. Many homeowners in New York are still fighting to stay in their homes, and these bills would ensure that families are protected from careless, or irresponsible, or even criminal behavior.

Congressman Gregory Meeks Hosts Town Halls on Sandy Disaster Recovery

New York, NY - May 29, 2013 - (RealEstateRama) -- Get the facts on how to apply for the NYC and NYS Community Block Grant housing recovery assistance. Presentations by officials from the Mayor's Housing and Recovery Operations and NYS Homes and Community Renewal.

MAYOR BLOOMBERG AND FINANCE COMMISSIONER FRANKEL ANNOUNCE $90 MILLION IN PROPERTY TAX REDUCTIONS FOR...

New York, NY - May 28, 2013 - (RealEstateRama) -- Mayor Michael R. Bloomberg and Finance Commissioner David M. Frankel today announced a $90.3 million reduction in property taxes for homes and businesses impacted by Hurricane Sandy. The reduction is a result of reassessments that the Department of Finance conducted to ensure that the final values reflected damages to homes and businesses, as well changes in market value following the storm.

Tonko Pushes for Private Property Protection and Environmental Safeguards in Keystone Pipeline Debate

WASHINGTON, DC - May 23, 2013 - (RealEstateRama) -- Congressman Paul Tonko spoke on the floor of the House of Representatives today, urging House leadership to protect the environment as well as private property owners along the route of a proposed extension to the Keystone oil pipeline. Tonko submitted two amendments to H.R. 3, the Northern Route Approval Act, which would provide these critical safeguards. The amendments offered by Tonko were not made in order and therefore not allowed a vote to be included into the final legislation

Assembly Takes Action to Improve New York’s Mortgage Foreclosure Process and Keep More Families...

New York, NY - May 23, 2013 - (RealEstateRama) -- Assembly Speaker Sheldon Silver and Judiciary Committee Chair Helene Weinstein today announced the passage of two important legislative measures aimed at increasing integrity and efficiency in the mortgage foreclosure process

A.G. Schneiderman Commends Assembly For Passing Foreclosure Relief Bills

NEW YORK, NY - May 23, 2013 - (RealEstateRama) -- Attorney General Eric T. Schneiderman today praised the New York State Assembly for passing two important pieces of legislation aimed at protecting homeowners in New York. The "Certificate of Merit" bill (A. 5582)would help more New York families avoid foreclosure by enacting common sense reforms to bring greater integrity to the foreclosure process and expedite homeowners' participation in court-supervised mediation sessions where they can negotiate workable alternatives to foreclosure with their lender. This joint program bill was proposed by the Office of the Attorney General and the Office of Court Administration.

Governor Cuomo Deploys DFS Mobile Command Center to Locations in Nassau County and Staten...

Albany, NY - May 22, 2013 - (RealEstateRama) -- Governor Andrew M. Cuomo will deploy representatives of the Department of Financial Services (DFS) to help Nassau County homeowners and business owners apply for federal recovery aid for Superstorm Sandy losses on Wednesday and Thursday. DFS will also offer insurance-related help to Staten Islanders on Friday and Saturday.

Empire State home sales, prices climb as inventory continues to fall

Albany, NY - May 22, 2013 - (RealEstateRama) -- The New York State housing market continued to build on its early 2013 momentum with April gains in closed sales, median price and pending sales, according to the housing market report released today by the New York State Association of REALTORS. April 2013 closed sales for existing single-family homes, townhomes and condos were up 8.5 percent compared to April 2012, while the median price and pending sales rose 10 percent and 19 percent, respectively. Year-to-date closed sales are 5.4 percent ahead of the first four months of 2012

Prepare Your Property Now For A Future Storm

New York, NY - May 22, 2013 - (RealEstateRama) -- The Federal Emergency Management Agency urges property owners to take steps now to minimize damage in future storms. To better protect your family and yourself in the event of an emergency, ensure that your home is a safe structure

Senate Passes Measure to Encourage Environmentally Friendly Home Building

New York, NY - May 21, 2013 - (RealEstateRama) -- The New York State Senate today passed legislation to encourage the building of more “green” homes by creating a property tax exemption. The bill (S1710), sponsored by Senator Mark Grisanti (R-I, North Buffalo), would help increase demand for environmentally friendly housing by allowing local municipalities to offer a real property tax exemption of 35 percent for a maximum of 20 years.

FEMA offers rebuilding advice at area home improvement stores

NEW YORK, NY - May 20, 2013 - (RealEstateRama) -- People whose property was damaged or destroyed by Hurricane Sandy can get rebuilding advice from a Federal Emergency Management Agency hazard mitigation specialist. The specialists are knowledgeable about building safer and smarter to avoid future losses.

Governor Cuomo Announces Landmark Agreement Between State, Oneida Nation, and Oneida and Madison Counties

Albany, NY - May 17, 2013 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced a comprehensive agreement settling multiple, long-standing disputes between the State of New York, the Oneida Nation of Indians, Oneida County and Madison County

NYS Taxpayer Advocate Reminds Property Owners to Review Assessments During Grievance Period

New York, NY - May 17, 2013 - (RealEstateRama) -- New York State Taxpayer Rights Advocate Camille Siano Enders today encouraged homeowners, businesses and others who own property to review their assessments before the deadline, which is May 28 in most communities

MTA Delivers Update on Superstorm Sandy Recovery and Rebuilding Effort

Albany, NY - May 16, 2013 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced several Metropolitan Transportation Authority (MTA) initiatives to permanently repair damage from Superstorm Sandy, flood-proof major sections of the New York City subway system and begin the planning process to fortify the region’s mass transit network.

NEW CARPENTER, WALL & CEILING CONTRACT STARTS NEXT WEEK

New York, NY - May 16, 2013 - (RealEstateRama) -- The New York City District Council of Carpenters announced today that it has reached an agreement with its largest employer association--the Association of Wall, Ceiling & Carpentry Industries of New York (Wall & Ceiling Association)--to implement the new collective bargaining agreement on Wednesday, May 22, 2013.

U.S. Courthouse in Buffalo Receives High Performance Energy-Efficiency Award from NYSERDA

New York, NY - May 15, 2013 - (RealEstateRama) -- The New York State Energy Research and Development Authority (NYSERDA) has awarded the U.S. Courthouse in Buffalo a high performance energy-efficiency plaque for energy-efficiency projects that will cut energy costs by $289,000 annually.

LIU OFFERS SOLUTIONS TO LOOMING CRISIS IN HOUSING FOR NEW YORK CITY’S SENIORS

NEW YORK, N.Y. - May 14, 2013 - (RealEstateRama) -- City Comptroller John C. Liu today warned that New York faces a looming crisis as the elderly population rises and rents skyrocket, and offered a comprehensive strategy to alleviate the shortage of affordable housing options

SCHUMER ANNOUNCES FEDERAL SANDY RELIEF FUNDS TO BE USED TO HOLD DOWN PROPERTY TAXES...

WASHINGTON, D.C. - May 14, 2013 - (RealEstateRama) -- U.S. Senator Charles E. Schumer today announced his support for a plan on Long Island that uses Sandy Supplemental federal funding to stabilize property taxes in order to prevent a heavy burden from falling onto the shoulders of non-Sandy effected homeowners. The plan will also provide tax breaks to homeowners hit hard by Sandy. Schumer fought hard to secure this Sandy relief funding and today praised the plan for using these federal funds to help local taxpayers on Long Island

Governor Cuomo Announces State to Cover Local Share of Hurricane Irene and Tropical Storm...

Albany, NY - May 13, 2013 - (RealEstateRama) -- Governor directs use of approved HUD CDBG disaster recovery funds to cover 25 percent non-federal share of Irene and Lee buyout costs Governor Andrew M. Cuomo today announced that New York State will use available funds from the recently approved HUD Community Development Block Grant (CDBG) Disaster Recovery program to cover the 25 percent non-federal match requirement of property buyout costs associated with Hurricane Irene and Tropical Storm Lee.

FEMA offers rebuilding advice at area home improvement stores

NEW YORK, NY - May 13, 2013 - (RealEstateRama) -- People whose property was damaged or destroyed by Hurricane Sandy can get rebuilding advice from a Federal Emergency Management Agency hazard mitigation specialist. The specialists are knowledgeable about cleanup and building safer and smarter to avoid future losses.

State Board of Real Property Tax Services Will Meet May 21

New York, NY - May 13, 2013 - (RealEstateRama) -- The State Board of Real Property Tax Services will meet at 10:30 a.m. Tuesday, May 21, 2013. The meeting will be held in Conference Room A on the second floor of Building 9 on the W.A. Harriman State Campus in Albany.

Experts See Pent-Up Demand for Real Estate Investment But Call for Caution, Patience

Chicago, IL - May 13, 2013 - (RealEstateRama) -- A noted investment strategist, a top economic forecaster and the CEO of a major property group tackled the question of demand for real estate investment -- or lack thereof -- at The Counselors of Real Estate’s recent midyear conference in New York City. The discussion took place during the invitation-only professional association’s panel discussion titled “Economic Point-Counter Point – and Another Point,” at the Waldorf Astoria hotel.

DONOVAN ANNOUNCES APPROVAL OF NEW YORK CITY’S DISASTER RECOVERY PLAN

WASHINGTON, DC - May 13, 2013 - (RealEstateRama) -- U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan today announced HUD’s approval of New York City’s disaster recovery plan to help homeowners and businesses following Hurricane Sandy. Funded through HUD’s Community Development Block Grant (CDBG) Program, New York City’s action plan calls for a combined $1.77 billion investment in a variety of housing, infrastructure and business recovery activities