Home Housing & Development
Earlier today, David Gotterup was sentenced at the federal courthouse in Brooklyn, New York, to 15 years in prison for leading a loan modification scheme that defrauded distressed homeowners. Gotterup pleaded guilty on June 16, 2016, to conspiring to commit wire, mail and bank fraud. In addition, as part of the sentence, the Court ordered Gotterup to pay $2,500,050 in forfeiture.
The New York City Department of Housing Preservation and Development (HPD) and the Department of Health and Mental Hygiene (DOHMH) remind building owners of free federal grants available to correct health hazards in buildings constructed before 1960. The Primary Prevention Program offers grants averaging $10,000 per apartment to support lead paint hazard repair work. Peeling lead paint is the most common cause of lead poisoning in young children.
HPD COMMISSIONER MARIA TORRES-SPRINGER AND HDC PRESIDENT ENDERLIN ANNOUNCE HOUSING LOTTERY FOR 104 AFFORDABLE...
The New York City Department of Housing Preservation and Development (HPD) Commissioner Maria Torres-Springer and New York City Housing Development Corporation (HDC) President Eric Enderlin today announced the opening of the Housing Connect lottery for 104 affordable apartments at Essex Crossing Site 5 located at 145 Clinton Street in the Lower East Side neighborhood of Manhattan
The New York Power Authority announced today that the opportunity for school districts in New York State to “go solar” will be expedited with the selection of two additional solar power vendors. Schools can reduce their energy costs by participating in Governor Andrew M. Cuomo’s K-Solar initiative, a first-of-its kind program launched in January 2014, to combat climate change by promoting renewable energy use.
Governor Andrew M. Cuomo today announced that a $460 million project to upgrade the Lewiston Pump Generating Plant in Western New York has officially reached the halfway mark. The multi-year plant modernization project allows the New York Power Authority to continue to provide low-cost power to businesses in the region, generating nearly $33 billion in capital investments to the state’s econom
Governor Andrew M. Cuomo today announced $39.2 million in New NY Broadband Program Round II grants have been awarded to 11 projects in the Capital Region. These awards will provide 32,737 homes and businesses with access to high-speed broadband for the first time, and leverage $9.8 million in private matching funds – bringing the total public-private investment in the Capital Region to $49 million in Round II. Through Rounds I and II, the program has driven a total of more than $65 million in public-private investment in high-speed broadband across the region.
HPD COMMISSIONER TORRES-SPRINGER AND HDC PRESIDENT ENDERLIN ANNOUNCE HOUSING LOTTERY FOR 120 AFFORDABLE APARTMENTS...
The New York City Department of Housing Preservation and Development Commissioner Maria Torres-Springer and New York City Housing Development Corporation President Eric Enderlin announced the opening of the Housing Connect lottery for 120 affordable apartments at Compass Residences 2A, located at 1524 Boone Avenue in the Crotona Park East neighborhood of the Bronx.
SYRACUSE HOMEOWNERS IN TAX JEOPARDY AS NEWLY CONFIRMED U.S. TREASURY SECRETARY SUGGESTS REDUCTION IN...
Standing with Bayberry Community homeowners in Liverpool, NY, and amidst rising local anxiety about looming changes to tax policy that could hurt homeowners, U.S. Senator Charles E. Schumer today launched a push to preserve popular, but increasingly at-risk tax deductions: the mortgage interest deduction and the state and local property tax deduction
Standing with brand new Long Island homeowners, and amidst rising local anxiety about looming tax proposals, U.S. Senator Charles E. Schumer today launched a push to preserve very popular and essential, but, nevertheless, at-risk tax deductions Long Island homeowners and taxpayers depend upon to keep LI’s high cost of living in-check. Whether new Long Island homeowners, longtime owners, or those looking to buy right now, Schumer explained that locals are in tax jeopardy as newly-confirmed U.S
New York City Economic Development Corporation (NYCEDC) and Manhattan Borough President Gale Brewer today announced that a model of the new Citywide Ferry boats will be on display in the lobby of the Borough President’s office as part of a multi-borough tour. The scale model of the ferry vessel will be docked on the 19th floor of the Manhattan Municipal Building through March 10th.
On Wednesday, February 15, 2017, Congressman Lee Zeldin (R, NY-1) met with leadership from the Long Island State Veterans’ Home in his Washington D.C. office to discuss veterans’ legislation. Located in Stony Brook, the Long Island State Veterans’ Home provides high quality care and support services for veterans, including rehabilitation and adult day healthcare
New York City Department of Housing Preservation and Development (HPD) Commissioner Maria Torres-Springer and New York City Housing Development Corporation (HDC) President Eric Enderlin join Omni New York, Bank of America and other project partners to announce the completion of 655 Morris Avenue, a new construction affordable housing development in the Melrose neighborhood of the Bronx.
RoAnn M. Destito, New York State Office of General Services Commissioner today announced that new construction bids have been awarded in the below counties. The awards are described in the listing below. The contracts are expected to be awarded to the apparent low bidders following review and approval by the State Comptroller's Office
RoAnn M. Destito, New York State Office of General Services Commissioner today announced bidding for four construction contracts listed below by county.
The Federal Reserve Bank of New York today issued its Quarterly Report on Household Debt and Credit, which reported that total household debt increased substantially by $226 billion (a 1.8% increase) to $12.58 trillion during the fourth quarter of 2016. This marked the largest quarterly increase in total household debt since the fourth quarter of 2013, and debt today is now just 0.8% below its peak of $12.68 trillion reached in the third quarter of 2008. Every type of debt increased since the previous quarter, with a 1.6% increase in mortgage debt, 1.9% increase in auto loan balances, a 4.3% increase in credit card balances, and a 2.4% percent increase in student loan balances.
HPD COMMISSIONER TORRES-SPRINGER AND HDC PRESIDENT ENDERLIN ANNOUNCE HOUSING LOTTERY FOR 227 AFFORDABLE...
The New York City Department of Housing Preservation and Development Commissioner Maria Torres-Springer and New York City Housing Development Corporation President Eric Enderlin today announced the opening of the Housing Connect lottery for 227 affordable apartments at Park House, located at 4275 Park Avenue in the Bathgate/East Tremont neighborhood of the Bronx
Senators Jeff Klein (D-Bronx/Westchester), Tony Avella (D-Queens), Jesse Hamilton (D-Brooklyn), Marisol Alcantara (D-Manhattan), Diane Savino (D-SI/Brooklyn), and Assembly Members Helene Weinstein (D-Brooklyn), Kenneth Zebrowski (D-New City), Steven Cymbrowitz (D-Brooklyn), Ellen Jaffee (D-Suffern), David Buchwald (D-Mount Kisco) and Jo Anne Simon (D-Brooklyn) joined Foreclosure Prevention Network organizations to release a report detailing the lingering issue of foreclosures in New York State as they called for a critically needed $30 million for foreclosure prevention legal services
Congresswoman Elise Stefanik (R-NY-21), Chair of the House Republican Policy Committee’s Millennial Task Force, released a report of her committee’s findings during the 114th Congress titled, “Millennials & the GOP: Rebuilding Trust with an Untapped Electorate.”
Governor Andrew M. Cuomo today announced that $14.4 million has been awarded to three housing projects in the Bronx. In addition to federal funding, these awards will help create 319 units, including 142 supportive housing units for homeless families and individuals, including senior citizens, women and their children.
Dawn M. Carpenter, CPM of Staten Island, NY took the oath of office Monday, February 6, as the 2017 president of the New York State Association of REALTORS (NYSAR). The association’s inauguration ceremony was held in conjunction with its business meetings at The Desmond Hotel and Conference Center in Albany, NY. She will serve a one-year term in the post.
The New York State Council on the Arts will be holding a Council Meeting February 16 from 1 p.m. to 3 p.m. at the NYSCA offices, 300 Park South, 10th Fl, New York, NY. The purpose of the meeting will be for the Council to vote on FY17 appeals, to review nominations for Panelists to evaluate FY18 grant applications, and to review grantees who have been awarded multi-year support and are scheduled to receive funding in FY18
Preet Bharara, the United States Attorney for the Southern District of New York, announced today that CARL IMMICH, formerly the property manager of Harriet Tubman Terrace Apartments, a Section 8 Housing Complex in Poughkeepsie, New York, was sentenced to 18 months in prison. United States District Judge Cathy Seibel imposed today’s sentence
Alexander And Sima March Avoided Prosecution For 5 Years By Fleeing To Canada; Plead Guilty To Residential Mortgage Fraud Scheme; Alexander March Ordered To...
CITY OFFICIALS JOIN FOXY MANAGEMENT, HEBREW HOME AT RIVERDALE, ALEMBIC COMMUNITY DEVELOPMENT AND OTHER...
New York City Department of Housing Preservation and Development (HPD) Commissioner Maria Torres-Springer, New York City Housing Development Corporation (HDC) President Eric Enderlin, and New York City Council Member Rafael Salamanca today joined Foxy Management, Hebrew Home at Riverdale, Alembic Community Development, and other project partners to celebrate the start of construction of 168 units of affordable senior housing at 1880 Boston Road in the West Farms neighborhood of the Bronx.
Mayor Bill de Blasio today announced as part of his upcoming State of the City address two major initiatives to help seniors, veterans and other low-income families afford rent in New York City. The first will increase by 10,000 the number of apartments in Housing New York serving households earning less than $40,000—5,000 of which will be dedicated to seniors and 500 for veterans.