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Yearly Archives: 2009

Thompson Files Claim Against City Seeking That It Formalize Homeless Services In A Contract

New York, NY - October 15, 2009 - (RealEstateRama) -- New York City Comptroller William C. Thompson, Jr. has gone to court to challenge the legality of the City’s recent placement of homeless families at 1564 St. Peter’s Avenue in the Bronx.

Snow Belt Housing Receives Nearly $149,000 in Grant Funding for Housing and Economic Development...

SYRACUSE, N.Y. - October 6, 2009 - (RealEstateRama) -- The U.S. Department of Agriculture Rural Development agency has awarded two grants totaling $148,998 to Snow Belt Housing Company, Inc. of Lowville.

Higgins Announces Foreclosure Prevention Counseling Grant for CHRIC

Jamestown, NY - October 12, 2009 - (RealEstateRama) -- With the backdrop of a foreclosed house acquired by CHRIC in Jamestown’s PRIDE neighborhood, Congressman Brian Higgins announced today that Chautauqua Home Rehabilitation and Improvement Corporation is receiving $26,640 to support the agency’s foreclosure prevention counseling efforts.

HUD announces over $400,000 to stimulate housing in Jamestown

NEW YORK, NY - October 6, 2009 - (RealEstateRama) -- The City of Jamestown will receive $421,657 in funding from the Department of Housing and Urban Development to stimulate its economy and produce affordable housing.

Manhattan U.S. Attorney Charges 12 in Massive Mortgage Fraud Scheme

New York, NY - October 7, 2009 - (RealEstateRama) -- PREET BHARARA, the United States Attorney for the Southern District of New York, ANDREW CUOMO, the Attorney General of the State of New York, JOSEPH M. DEMAREST, JR., the Assistant Director-in-Charge of the New York Field Division of the Federal Bureau of Investigation ("FBI"), RICHARD H. NEIMAN, the Superintendent of Banks for New York State, BRIAN G. PARR, the Special Agent-in-Charge of the New York Field Office of the United States Secret Service ("USSS"), and RONALD J. VERROCHIO, the Inspector-in-Charge of the New York Division of the United States Postal Inspection Service ("USPIS"), announced today the unsealing of a seven-count Indictment charging 12 individuals—including mortgage brokers, loan officers, and attorneys—with engaging in a scheme to defraud various lending institutions by using fictitious identities and documents to obtain more than $9 million in residential mortgages. All 12 defendants were arrested this morning and are expected to be presented in federal court later today.

1221 Avenue of the Americas Achieves LEED-EB Certification

NEW YORK, NY - October 7, 2009 - (RealEstateRama) -- Rockefeller Group Development Corporation, a subsidiary of The Rockefeller Group, announced today that its signature building, The McGraw-Hill Building, 1221 Avenue of the Americas, has achieved LEED-EB Certification.

Schumer, Gillibrand Announce Nearly $3.5 Million Coming To Hudson Valley Community College For Solar...

New York, NY - October 9, 2009 - (RealEstateRama) -- Today, United States Senators Charles E. Schumer and Kirsten Gillibrand announced that the Hudson Valley Community College in Troy will receive $3,497,595 from the Department of Energy.

Attorney General Cuomo Announces Takedown Of Mortgage Fraud Ring That Obtained Millions In Loans...

NEW YORK, NY - October 8, 2009 - (RealEstateRama) -- Attorney General Andrew M. Cuomo and Southern District of New York United States Attorney Preet Bharara today announced the takedown of a mortgage fraud ring that illegally obtained $9 million in loans for phantom home buyers.

Schumer Announces Over $46,000 Coming To Schenectady To Help Homeless Veterans

Washington, DC - October 7, 2009 - (RealEstateRama) -- U.S. Senator Charles Schumer announced today that the Altamont Program, Inc. in Schenectady will receive $46,332 as part of a Department of Veterans Affairs efforts to provide housing and support services to homeless veterans.

Governor Paterson announces major expansion of New York’s solar energy

Albany, NY - October 7, 2009 - (RealEstateRama) -- Governor David A. Paterson today announced that $10 million in American Recovery and Reinvestment Act (ARRA) funding is now available through a competitive statewide solicitation for solar energy projects in New York State.

Senator Klein and Senator Morahan unveil new data showing 354 homes went into foreclosure...

NEW YORK, NY - October 2, 2009 - (RealEstateRama) -- Senator Jeff Klein (D-34th Senate District) and Senator Thomas Morahan (R-38th Senate District) presented...

CPC Launches $1 Billion Lending Program To Retrofit Existing Buildings

New York, NY - September 30, 2009 - (RealEstateRama) -- The Community Preservation Corporation (CPC), a non-profit affordable housing lender, today announced a new public/private partnership to provide $1 billion in construction and mortgage loans to multifamily housing owners for energy efficient upgrades and property retrofits.

SL Green Realty Corp Announces Refinancing Of 100 Park Avenue

New York, NY - September 30, 2009 - (RealEstateRama) -- SL Green Realty Corp. (NYSE: SLG) today announced the closing of a $215 million refinancing of 100 Park Avenue, the completely redeveloped 'New Modern Classic' near Grand Central Terminal, which it owns in a joint venture with institutional investors advised by Prudential Real Estate Investors.

Schumer, Kyl Offer $200m Proposal To Create Mortgage Fraud Units At District Attorney Offices...

WASHINGTON, DC - September 29, 2009 - (RealEstateRama) -- U.S. Senators Charles E. Schumer (D-NY) and Jon Kyl (R-AZ) announced new legislation Tuesday to better protect homeowners from the recent wave of mortgage scams by providing up to $200 million over two years for State and local prosecutors offices to battle real estate fraud.

McMahon Calls for Extension of First Time Homebuyers Tax Credit

Staten Island, NY - September 28, 2009 - (RealEstateRama) -- Rep. Michael E. McMahon wants to extend the $8,000 first-time homebuyers tax credit which will expire by the end of November.

Bronx Pro Real Estate Management Celebrated Opening of 1085 Washington Avenue Apartments Providing Green...

New York, NY - September 29, 2009 - (RealEstateRama) -- Bronx Pro Real Estate Management today celebrated the opening of 1085 Washington Avenue Apartments, a new 90-unit affordable housing development that features numerous elements that help the building and its residents contribute to a greener, more sustainable New York City.

41 Habitat-NYC Families Receive Keys to New, Affordable, Eco-Friendly Homes in Ocean Hill-Brownsville, Brooklyn...

Brooklyn, NY - September 26, 2009 - (RealEstateRama) -- 41 low-income New York City families received the keys to their new Habitat for Humanity - New York City homes in a joyful celebration in Ocean Hill-Brownsville, Brooklyn.

United States Files Suit Against Two Owners In Fresh Meadows For Fair Housing Act...

BROOKLYN, NY - September 23, 2009 - (RealEstateRama) -- Benton J. Campbell, U.S. Attorney for the Eastern District of New York, today announced the filing of a federal Fair Housing Act civil complaint against Emanuil Uvaydov and Vyacheslav Uvaydov, brothers and joint owners of a house in Fresh Meadows, New York.

More Than 8,000 New Yorkers Have Taken Advantage of the Credit, Saving Nearly $4...

Washington, DC - September 24, 2009 - (RealEstateRama) -- U.S. Senator Kirsten Gillibrand co-sponsored legislation today that would extend the $8,000 tax credit for first-time homebuyers for another six months.

Global Green USA Announces Conversion Of Largest Poultry Plant In Us To Recyclable And...

New York, NY - September 22, 2009 - (RealEstateRama) -- Global USA’s Coalition for Resource Recovery announced a key milestone today in its goal of achieving 100% recyclable wholesale packaging through Hunt’s Point Distribution Center, the largest food distribution center in the world.

Suozzi Announces Grant To Prevent Homelessness In Nassau County

MINEOLA, NY - September 22, 2009 - (RealEstateRama) -- Nassau County Executive Thomas R. Suozzi today announced that the County has received a grant totaling $6,458,35.00 that will provide rental assistance, housing relocation, and stabilization services for families and individuals during the economic crisis.

First Affordable Housing Development in Brooklyn with Solar Panels

NEW YORK, NY - September 23, 2009 - (RealEstateRama) -- New York City Housing Development Corporation (HDC) President Marc Jahr, New York City Department of Housing Preservation and Development (HPD) Commissioner Rafael E. Cestero and Alan Bell from Dumont Green LLC, celebrated the groundbreaking for a new eight-story 176 unit affordable apartment building at 1490 Dumont Avenue.

Statement Regarding Purchases of Agency Mortgage-Backed Securities and Agency Debt

New York, NY - September 23, 2009 - (RealEstateRama) -- On Wednesday the Federal Open Market Committee announced that the Federal Reserve will purchase a total of $1.25 trillion of agency mortgage-backed securities and up to $200 billion of agency debt.

Melinda Katz Endorses David Yassky for Comptroller

New York, NY - September 18, 2009 - (RealEstateRama) -- Council Member and former candidate for Comptroller Melinda Katz today endorsed Council Member David Yassky for New York City Comptroller.

Gillibrand Unveils New Effort to Provide Property Tax Relief fpr Rochester/Finger Lakes Region

Rochester, NY - September 18, 2009 - (RealEstateRama) -- U.S. Senator Kirsten Gillibrand today unveiled a new effort to provide property tax relief to thousands of middle-class families in the Rochester/Finger Lakes Region.