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Yearly Archives: 2014

New York Real Estate Executive Robert White, Jr., CRE, Receives Prestigious Award from Industry...

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

NY’s Urban Post Disaster Housing Prototype Named MBI’s November Building of the Month

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

New housing and services lift veterans in the Bronx

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.

NYU CUSP UNVEILS FIRST-OF-ITS-KIND ‘URBAN OBSERVATORY’ in DOWNTOWN BROOKLYN

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

New York and Ohio to Use Uniform Mortgage Test; 43 State Agencies Now Using...

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

House passes crucial job training legislation

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.

Tonko Statement on Housing for Undocumented Children

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

Governor Cuomo Announces $14 Million in Awards for Affordable Housing

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

Governor Cuomo Deploys DFS Mobile Command Center to Branchport to Help Finger Lakes Area...

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.

EPA Settlement with Rochester Area Home Builder Protects Area Waterways; Developer Agrees to Construct...

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

Maloney statement on Castro and Donovan nominations

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)

Governor Cuomo Announces GPS Online Tracking System to View New NY 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, NewNYBridge.com, 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

HPD, HDC And HCR Join The Arker Companies To Celebrate The Opening Of Two...

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

NYS median home sales price holds steady in April

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

Maloney Statement on Chairman Neugebauer’s Offer to Meet on TRIA

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

Governor Cuomo Announces Awards of Nearly $25 Million to Rehabilitate and Preserve 1,315 Units...

Albany, NY - May 20, 2014 - (RealEstateRama) -- overnor Andrew M. Cuomo today announced 80 awards across the state to repair, rehabilitate and preserve housing for low- and moderate-income residents of New York State. These competitive awards, administered by New York State Homes and Community Renewal (HCR), are being made to municipalities, localities, and not-for-profit organizations to support critical priorities and highlighting the greatest needs within the state's economic development regions.

EXCERPTS FROM SUPERINTENDENT LAWSKY’S REMARKS ON NON-BANK MORTGAGE SERVICING IN NEW YORK CITY

WASHINGTON, D.C. - May 20, 2014 - (RealEstateRama) -- Benjamin M. Lawsky, Superintendent of Financial Services for the State of New York, is delivering remarks today at the Mortgage Bankers Association 2014 National Secondary Market Conference in New York City.

Assembly Passes Legislation to Reduce Taxes for Property Damaged During Hurricane Sandy

WASHINGTON, D.C. - May 20, 2014 - (RealEstateRama) -- Speaker Sheldon Silver announced the passage of legislation that will help to streamline the recovery process and prioritize rebuilding efforts following Hurricane Sandy. This legislation (A.9578) authorizes New York City to grant partial abatement of taxes on real property that was seriously damaged during the storm and has since been rebuilt.

AHTCC Announces Arbor House as a Green Housing Winner of the 20th Annual ...

New York, NY - May 13, 2014 - (RealEstateRama) -- The Affordable Housing Tax Credit Coalition (AHTCC) has selected Arbor House as the 20th Annual Charles Edson Tax Credit Excellence Award winner in the Green Housing category. These awards were presented to the most outstanding Low Income Housing Tax Credit properties in seven categories; this national awards program celebrates and recognizes the best in affordable rental housing development

Mangano Encourages Residents To Help Island Harvest Stamp Out Hunger

WASHINGTON, D.C. - May 12, 2014 - (RealEstateRama) -- Nassau County Executive Edward P. Mangano encourages residents to support Island Harvest Food Bank as they partner up with the National Association of Letter Carriers (NALC) by participating in their Annual “Stamp Out Hunger” campaign on Saturday, May 10, 2014. As Long Island’s largest hunger relief organization and the National Association of Letter Carriers team up for the nation’s largest single-day food drive, postal carriers across the nation will collect nonperishable food items left by generous homeowners

With Gillibrand’s Push, Ithaca Homeless Youth Center Awarded Nearly $200,000 HHS Grant

WASHINGTON, D.C. - May 12, 2014 - (RealEstateRama) -- Washington, D.C. – U.S. Senator Kirsten Gillibrand today announced a $184,010 grant for The Learning Web, a youth development agency in Ithaca. This federal funding is provided by the U.S. Department of Health and Human Services’ (HHS) Administration for Children & Families’ Transitional Living Program through the Family and Youth Service Bureau and will be used to expand housing and support services to accommodate more homeless youth. In February, Senator Gillibrand sent a letter to HHS Secretary Kathleen Sebelius, urging for swift approval of this funding request.

Chairman Weisbrod Delivers Keynote Speech at Only Brooklyn Real Estate Summit 2014

WASHINGTON, D.C. - May 8, 2014 - (RealEstateRama) -- I am very pleased to be here this morning to discuss the extraordinary Brooklyn planning and development story with all of you – and to take both a look back and a look forward.

Governor Cuomo Announces Start of Construction on $1.5 Billion Project to Replace the Goethals...

Albany, NY - May 8, 2014 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced the official commencement of construction on a $1.5 billion public-private partnership (PPP) to replace the Goethals Bridge with a new state-of-the-art cable-stayed bridge. The replacement bridge will connect Staten Island with Elizabeth, New Jersey and serve as a key thoroughfare for the transport of billions of dollars of goods and millions of travelers throughout the region.

New York Congressional Delegation Met with Mayor de Blasio

Washington, D.C. - May 8, 2014 - (RealEstateRama) -- Congressman Eliot Engel, a senior member of the House Energy and Commerce Committee, issued the following statement after he and other members of the New York Congressional delegation met with New York City Mayor Bill de Blasio.

Schumer, Gillibrand Call for ‘Proof Of Loss’ Extension for Sandy Victims; Deadline Fast Approaching...

WASHINGTON, D.C. - April 24, 2014 - (RealEstateRama) -- FEMA’s ‘Proof of Loss’ Form Must Be Submitted By April 28th for Flood Insurance Coverage of Personal Property that was Damaged By Floodwaters; Many Sandy-Victims Are Still Recovering & Need More Time to File Claims