Governor Andrew M. Cuomo today announced a $160 million investment designed to grow large scale clean energy projects statewide. As part of the State’s Reforming the Energy Vision (REV) strategy, this funding is being made available to support public-private sector partnerships in clean energy projects. Funding will be administered competitively, and proposals will improve energy affordability and reliability, while also expanding new economic development opportunities and protecting the environment
Eastman Business Park Will Use Funding For Manufacturing And Job Creation Opportunities In Rochester. The project aims to provide technology entrepreneurs with more efficient and economical pathways to develop their businesses.
Empire State Development (ESD), Buffalo Niagara Enterprise (BNE) and TROVE Predictive Data Science today announced a significant expansion that will result in a $3.3 million investment and creation of 36 new high-tech, high-paying jobs.
Standing outside a New York City Lumber Liquidators showroom, U.S. Senator Charles E. Schumer today urged the Consumer Product Safety Commission (CPSC) to immediately launch a broad investigation into the safety of Chinese-imported wood flooring material from Lumber Liquidators, and to initiate recalls or other disciplinary action if the product is found to be dangerous
Empire State Development Announces Request for Proposals for Purchase and Redevelopment of Former Monterey...
“Spring begins this week, and now is the ideal time for the renewal and redevelopment of the Monterey Shock site,” said ESD President, CEO & Commissioner Howard Zemsky. “This RFP will generate new employment opportunity and spur investment in Schuyler County, which is known for its natural beauty, access to the Watkins Glen State Park, and world-famous wines and spirits.”
Randy Blankstein, President of the Boulder Group, to Co-Chair IREI Triple Net Investor Strategies...
Randy Blankstein, President of national net lease advisory firm The Boulder Group, will be the conference co-chair of Institutional Real Estate, Inc.’s Triple Net Investor Strategies Conference in New York on June 16th, 2015. Additionally, he will be moderator for the Exit Strategies panel that will be a part of the conference. The conference description is as follows: Triple Investor Strategies is designed to provide insights into strategies, opportunities, trends and risk management for the investor community in a forum that connects these investors with owners, operators, developers and other key players in an interactive environment.
Albany, NY – February 20, 2015 – (RealEstateRama) — Governor Andrew M. Cuomo today highlighted the success of a pilot program initiated by a Kingston food hub thanks to a $775,000 grant from the state Department of Agriculture and Markets and Empire State Development. In 2012, Farm to Table Co-Packers, in partnership with Hudson Valley Harvest and Hudson Valley Agribusiness Development Corporation (HVADC), was awarded a New York State grant of $775,000 to expand its infrastructure and processing capacity.
NEW YORK, NY – February 19, 2015 – (RealEstateRama) — (GLOBE NEWSWIRE) -- Lexington Realty Trust ("Lexington") (NYSE:LXP), a real estate investment trust focused on single-tenant real estate investments, today announced results for the fourth quarter ended December 31, 2014.
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
New York, NY - January 17, 2013 - (RealEstateRama) -- Warburg Realty®, one of Manhattan’s leading residential real estate companies, has announced its top 10 brokers for 2013. Wendy Greenbaum was the firm’s top agent, followed by Richard Steinberg and Jay Glazer.
Albany, NY - December 23, 2013 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced 10 awards totaling $23.7 million to create or preserve high quality affordable housing and spur economic growth in regions around the state, awarded through New York State Homes and Community Renewal (HCR).
Albany, NY - December 16, 2013 - (RealEstateRama) -- Governor Andrew M. Cuomo today received an end of the year progress report on the NY Works Initiative showing investments of $1.6 billion in vital infrastructure projects statewide, including $1.2 billion to repair and rebuild roads and bridges, $265 million to improve parks, and $142 million to protect coasts from floods. NY Works projects have also supported tens of thousands of direct jobs around the state. Director of State Operations Howard Glaser presented the results of the report at the Governor’s cabinet meeting today.
Albany, NY - November 22, 2013 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced a $1 million award to the Disaster Recovery Clinic at the Maurice A. Deane School of Law at Hofstra University to help families and small businesses in Nassau and Suffolk Counties affected by Superstorm Sandy. The award will expand the pro bono counseling services at the clinic to an additional 250 homeowners and businesses.
FORMER ATTORNEY CHARGED IN 49-COUNT INDICTMENT WITH STEALING APPROXIMATELY $4 MILLION IN WIDE-RANGING REAL...
New York, NY - October 17, 2013 - (RealEstateRama) -- Manhattan District Attorney Cyrus R. Vance, Jr., today announced the indictment of ALICE BELMONTE, 47, who resigned from the New York Bar in February 2013, for defrauding investors and stealing millions of dollars through a wide-ranging real estate investment scheme. The defendant has been indicted in New York State Supreme Court on charges of Grand Larceny in the First, Second and Third Degrees, Criminal Possession of a Forged Instrument in the Second Degree, Identity Theft in the Second Degree, Scheme to Defraud in the First Degree, and Issuing a Bad Check.1
NYCEDC, Borough President Diaz, Empire State Development and Triangle Equities Announce Groundbreaking at The...
New York, NY - September 30, 2013 - (RealEstateRama) -- New York City Economic Development Corporation (NYCEDC), Bronx Borough President Ruben Diaz, Jr., Empire State Development (ESD) and Triangle Equities, in partnership with the Goldman Sachs Urban Investment Group (Goldman Sachs), today announced the groundbreaking of the Triangle Plaza Hub in the Melrose neighborhood of the Bronx
New York (June 6, 2013) – JMC Holdings, LLC, a burgeoning real estate investment company launched by Matt Cassin and David Taylor, announced this week that Christopher Deppoliti has been hired as the company’s Head of Asset Management. In his role, Deppoliti will be responsible for overseeing JMC Holdings’ real estate investment portfolio and monitoring the performance of individual assets, which includes commercial and residential properties located in Manhattan and along the East Coast.
Citi, L+M Development Partners Announce $150 Million New York Affordable Housing Preservation Fund II
New York, NY - June 5, 2013 - (RealEstateRama) -- Citi and L+M Development Partners (L+M) have launched a second New York Affordable Housing Preservation Fund. NYAH II, a $150 million real estate private equity venture, is designed to be an entrepreneurial solution to stem the loss of affordable housing particularly in low- and moderate-income neighborhoods in New York City.
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
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.
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
rooklyn, NY - May 3, 2013 - (RealEstateRama) -- The NYC Department of Housing Preservation and Development (HPD), New York State Homes and Community Renewal (HCR), NYC Housing Development Corporation (HDC), joined The Hudson Companies, and CAMBA/CAMBA Housing Ventures today to celebrate the groundbreaking of the next phase of the energy- efficient, mixed-use, affordable housing Gateway Elton Street development in the Spring Creek section of Brooklyn. The new buildings will be located at 516 and 524 Vandalia Avenue, and 526 Schroeders Avenue.
WASHINGTON, DC - April 29, 2013 - (RealEstateRama) -- U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan today announced federal approval of New York State's recovery action plan to help homeowners and businesses following Superstorm Sandy, Hurricane Irene, and Tropical Storm Lee. Funded through HUD's Community Development Block Grant Disaster Recovery (CDBG - DR) program, New York State's recovery action plan calls for a combined $1.7 billion investment in a variety of housing, infrastructure and business recovery activities. Read New York State’s action plan.
Albany, NY - April 26, 2013 - (RealEstateRama) -- Governor Andrew M. Cuomo and U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan today announced federal approval of New York State’s recovery action plan to help struggling homeowners and businesses following Superstorm Sandy, Hurricane Irene, and Tropical Storm Lee. Funded through HUD's Community Development Block Grant Disaster Recovery (CDBG – DR) program, New York State’s recovery action plan calls for a combined $1.7 billion investment in a variety of housing, infrastructure and business recovery activities.
NEW YORK, N.Y. - February 27, 2013 - (RealEstateRama) -- City Comptroller John C. Liu today announced that four of the five New York City pension funds have voted to invest $500 million in residential and commercial real estate, focused in areas affected by Superstorm Sandy.
Bridgehampton, NY - February 14, 2013 - (RealEstateRama) - Saunders & Associates, a leading independent real estate firm in the Hamptons, reports record sales of residential properties for 2012. This is the most activity the agency has seen, in terms of contract signings, property showings, and investor and developer capital commitments, since 2006