RealEstateRama Housing & Development
New York City Economic Development Corporation (NYCEDC) today announced the sale of 420 Albee Square to JEMB Realty Corporation (JEMB). The development at 420 Albee Square, which was recently unveiled by JEMB as One Willoughby Square (One Willoughby), will bring over 380,000 square feet of commercial space, including ground floor retail, and over 300 school seats to Downtown Brooklyn.
The New York State Office of Temporary and Disability Assistance today announced the opening of a $3.2 million housing development for homeless youth in Yonkers. The Bruce Avenue Youth (BAY) House, operated by Westhab, Inc., provides four units and 16 beds of transitional housing for young adults, ages 18-24.
Congressman Brian Higgins (NY-26) announced that Northrop Grumman Amherst Systems has been awarded a $10,367,772 contract with the United States Air Force through the Department of Defense for the production of additional Joint Threat Emitter systems
Governor Andrew M. Cuomo today announced that construction is underway on a $67 million supportive and affordable housing project in the Bronx. The building being constructed, part of a larger mixed-use development known as La Central, will create 160 units of housing, including 97 supportive units for formerly homeless New Yorkers with special needs.
Congressman Chris Collins (NY-27) announced new federal funding from the Department of Transportation for the Perry-Warsaw Airport. Administered through the Federal Aviation Administration (FAA), this $45,000 grant will fund the construction of a new snow removal equipment building to extend the life of the equipment by protecting it from adverse weather conditions.
SCHUMER, GILLIBRAND ANNOUNCE OVER $3.7 MILLION IN FEDERAL FUNDING FOR PLATTSBURGH INTERNATIONAL AIRPORT
U.S. Senate Minority Leader Charles E. Schumer and U.S Senator Kirsten Gillibrand today announced two grants totaling $ 3,786,030 for Plattsburgh International Airport. The funding was allocated through the U.S. Department of Transportation’s (DOT) Federal Aviation Administration (FAA). Specifically, both grants, the first being $3,427,830 and the second $ 358,200.00, will be used to rehabilitate runways.
Representative Sean Patrick Maloney (NY-18) announced he is taking legislative action to ensure the Department of Defense pays for the remediation of PFOS and PFOA contamination at Stewart Air National Guard Base. Rep. Maloney is introducing an amendment to the Department of Defense Appropriations Act of 2018, which would require $35 million to be used specifically for mitigation actions at National Guard installations where site inspections revealed PFC contamination. Rep. Maloney also supported the inclusion of language in the bill to provide an additional $15 million to Department of Defense for carbon filtration of PFCs at contaminated sites like Stewart.
Congressman Lee Zeldin (R, NY-1) announced today that the Department of Transportation (DOT) will make an additional approximately $1.5 billion available to help rebuild America’s crumbling infrastructure through grant funding. Improving upon the existing FASTLANE program, INFRA allows local governments to apply directly for federal assistance to advance highway improvement measures and other infrastructure projects.
Rebuild of Major North-South Power Transmission Artery Will Modernize System; Help New York State Meet Governor's Clean Energy Standard of 50 Percent Renewable Electricity By 2030
The New York State Department of Environmental Conservation (DEC) announced today that the cleanup of properties in neighborhoods near the former Geneva Foundry Site in the city of Geneva, Ontario County, is scheduled to begin in July.
Governor Andrew M. Cuomo today announced nearly $400,000 through nine Local Government Citizens Reorganization Empowerment Grants to assist upstate New York municipalities with government reorganizations. Six towns and three villages received grants to implement shared services initiatives and to explore dissolutions and consolidations in order to reduce local taxes and streamline government operations.
Representative Sean Patrick Maloney (NY-18) joined local leaders in front of one of the many abandoned properties in the City of Newburgh to announce legislation to help homeless veterans and renovate "zombie" or abandoned properties. The Housing Our Heroes Act would create a pilot program within the Department of Veterans Affairs (VA), which would provide federal investments to Veterans Service Organizations (VSOs) to acquire and update blighted properties to provide housing for homeless veterans
The Office of General Services Commissioner today announced that the following thirteen businesses have recently been certified by the Office of General Services’ (OGS) Division of Service-Disabled Veterans’ Business Development (DSDVBD): Anchor Freight Inc., located in Pine Bush, NY, provides general construction, paving, roofing, framing, and masonry.
Governor Cuomo Announces Nearly $37 Million to Upgrade Drinking Water and Wastewater Systems Across...
Governor Andrew M. Cuomo today announced that nearly $37 million in grants and interest-free, low-cost loans have been approved by the New York State Environmental Facilities Corporation Board of Directors to support vital drinking water and wastewater infrastructure projects across New York. The Board's approval includes more than $9 million in grants awarded under the Water Infrastructure Improvement Act
Maloney Announces Over $1.6 Million Investment to Continue Runway Rehabilitation at Stewart International Airport
Weeks after announcing a $14 million federal investment in Orange County Airport, Representative Sean Patrick Maloney (NY-18), a member of the House Transportation and Infrastructure Committee, announced another federal investment of $1,633,044 to continue the runway rehabilitation project at Stewart International Airport. This investment is part six of an eight phase redevelopment effort to renovate both runways at Stewart
SCHUMER, GILLIBRAND ANNOUNCE OVER $397 MILLION IN FEDERAL FUNDING FOR PUBLIC HOUSING PROGRAMS ACROSS...
U.S. Senators Charles E. Schumer and Kristen Gillibrand today announced $397,628,820 for housing authorities across New York State. The funds were allocated through the U.S. Department of Housing and Urban Development’s (HUD) Public Housing Capital Fund. Schumer and Gillibrand said the funding will help housing authorities develop, finance and modernize their public housing facilities.
New York, NY – The Federal Home Loan Bank of New York (FHLBNY) is now soliciting nominations for candidates to serve on its Board of Directors (Board) for terms commencing on January 1, 2018, the FHLBNY announced in a letter sent to its members on June 30, 2017. In total, five Directorships will be up for election in 2017.
DFS SUPERINTENDENT VULLO ANNOUNCES JULY 1ST LAUNCH OF EXPANDED PARTICIPATION IN STATE-BASED NMLS PLATFORM,...
Financial Services Superintendent Maria T. Vullo today announced that the Department of Financial Services (DFS)’s transition to the Nationwide Multistate Licensing System and Registry (NMLS) for money transmitters is commencing July 1, 2017. In this transition, DFS will manage the license application and ongoing regulation of all nondepository financial institutions doing business in New York through NMLS, which was created by the State Conference of Bank Supervisors (CSBS) and began operations in January 2008.
Mayor Bill de Blasio, New York City Economic Development Corporation President and CEO James Patchett, and City Council Member Ydanis Rodriguez today unveiled the Inwood NYC 2017 Action Plan which outlines neighborhood-wide goals and strategies that will build on Inwood’s strengths and address pressing challenges – including outdated zoning and rising rents, antiquated infrastructure, support for small businesses, workforce development and access to the Harlem River waterfront.
Last night, Congressman Lee Zeldin (R, NY-1) addressed his colleagues in the House of Representatives in support of H.R. 1871, the Property Tax Reduction Act, which was introduced in the House by fellow New York Representatives, Congressman Chris Collins (R, NY-27) and Congressman John Faso (R, NY-19). The Property Tax Reduction Act would shift to the state level the local share of Medicaid costs currently paid by all New York counties outside of New York City
Representative Sean Patrick Maloney (NY-18), member of the House Transportation and Infrastructure Committee, announced a federal investment of $14,520,795 to construct a new runway and navigational aids at the Orange County Airport. This is the third and final phase of investment in the runway’s construction, which is funded through the U.S. Department of Transportation’s Federal Aviation Administration.
Congressman Chris Collins (NY-27) today hailed the inclusion of his amendment to the House passed American Health Care Act into the Senate version of the bill. The amendment, introduced with Congressman John Faso (NY-19), would require New York State to take over the county portion of Medicaid by 2020 and would provide the largest property tax reduction ever to Western New York.
U.S. Senate Minority Leader Charles E. Schumer and Senator Kirsten Gillibrand today announced a total of $127,715 in federal funding for two fire departments in the Finger-Lakes region. The funding was allocated through the Department of Homeland Security's (DHS) Assistance to Firefighters Grant Program (AFG). The Point Pleasant F
Assembly Speaker Carl Heastie, Judiciary Committee Chair Helene Weinstein and Assemblymember Jaime Williams today announced the Assembly's approval of legislation to further protect tenants who enter into rental agreements after building foreclosure actions have begun.
Extensive rehabilitation and preservation of 1380 University is financed under HDC’s LAMP preservation program, leveraging City subsidy with tax-exempt bond proceeds and LIHTC equity Located in the Highbridge section of the Bronx, residents of this hundred percent affordable housing development will benefit from long-term affordability for at least an additional 30 years