Albany, NY - August 18, 2009 - (RealEstateRama) -- Governor David A. Paterson today announced the award of $45 million in affordable housing grants through the American Recovery and Reinvestment Act (ARRA).

New York, NY - August 17, 2009 - (RealEstateRama) -- The Federal Reserve Bank of New York today announced that it has streamlined the set of external investment managers for the agency mortgage backed securities purchase program, reducing the number of investment managers from four to two.

Albany, NY - August 7, 2009 - (RealEstateRama) -- The new Birchez at Esopus affordable housing development for seniors was the site of a recent forum aimed at encouraging local investment in affordable housing through the new Upstate Equity Fund. Bankers, developers, and local officials, including Congressman Maurice Hinchey and Ulster Town Supervisor Nicky Woerner, gathered to learn about the benefits of the Low Income Housing Tax Credit (LIHC) Program and the need for local investment in affordable housing.

Combined Rural Development Recovery Act Funding in New York Now Exceeds $120 Million. SYRACUSE, N.Y. - August 10, 2009 - (RealEstateRama) -- The U.S. Department of Agriculture has announced that the number of home loans funded through the American Reinvestment and Recovery Act (ARRA) has now exceeded 50,000. The announcement was made yesterday in Washington, D.C. by Agriculture Deputy Secretary Kathleen Merrigan.

WASHINGTON, D.C. - July 23, 2009 - (RealEstateRama) -- Rep. Paul Tonko (NY-21) joined the House of Representatives Thursday in approving the Department of Transportation, and Housing and Urban Development Appropriations Act, 2010, which builds on the Recovery Act to make smart investments that will provide short-term help in the form of housing and jobs to those hurt most by the economic downturn, and long-term solutions like highway and public transit improvements to put our economy on sound footing for the future.

New York, NY - June 18, 2009 - (RealEstateRama) — SL Green Realty Corp. (NYSE: SLG) today reported that its Board of Directors has declared a dividend of $0.10 per share of common stock for the quarter ending June 30, 2009.

New York City Comptroller William C. Thompson, Jr. and the New York City Pension Funds joined with other elected officials and housing advocates today...

Strong Leasing Momentum Continues at Midtown Manhattan Office Tower New York, NY, February 6, 2008 - Broadway Partners, a national private real estate investment and...

$400 Million Housing Opportunity Fund Draws Praise from Advocates, Business Community January 13, 2008 - Governor Eliot Spitzer today visited the Rheingold Houses in Bushwick,...

Bronx, N.Y. - January 10, 2008 - The Hampshire Companies, a full service, private real estate investment fund manager with equity in assets valued at...

Wednesday, December 12, 2007 – New York, NY – Cushman & Wakefield Sonnenblick Goldman, as exclusive advisor to SL Green Realty Corp. and the...

NEW YORK, Nov. 5 /PRNewswire-FirstCall/ -- MFA Mortgage Investments, Inc. (NYSE: MFA) announced today it plans to make a public offering of 15,000,000 shares...

Governor Spitzer Announces World Trade Center Lease  October 16, 2007 -- Governor Eliot Spitzer and Assembly Speaker Sheldon Silver today announced that NCR Corporation, a global...

New York, NY, October 4, 2007 -- New York City Comptroller William C. Thompson, Jr. today announced an investment of more than $28 million...

Rents to Range from $723 to $1,007 per Month for Low-Income Families Brooklyn, September 27, 2007 – City officials and community-based developers announced the completion...

UNIONDALE, N.Y., Sept. 11 /PRNewswire-FirstCall/ -- Arbor Realty Trust, Inc. (NYSE: ABR), a real estate investment trust focused on the business of investing in...

NEW YORK, Aug. 13 /PRNewswire-FirstCall/ -- Lexington Realty Trust ("Lexington") (NYSE: LXP), a real estate investment trust (REIT) focused on single-tenant real estate investments,...

Another Manhattan landmark is going to foreign investors. An investment group led by Tao-Maofim LLC, a US joint venture of Tao Tsout Ltd. and...

It’s been an odd week in the history of Atlantic Yards project. Last Friday, the Mayor said that $300 million worth of tax breaks...

The County of Monroe Industrial Development Agency has approved tax incentives for the soon-to-be new owner of Rochester Technology Park — the former Kodak...

As suspected here last week, long-term interest rates have stabilized: the all-powerful 10-year T-note is in a broad range below 5.2 percent, and mortgages...

MetLife Inc. recently gave stable value fund investors a peek at its strategy for coping with a possible downturn in the U.S. housing market. MetLife,...

If you really want to know how the housing market in the Hamptons is faring as summer beckons, Steven Gaines suggests an unusual yardstick. He...

Prices for some swanky pads on Long Island have been reduced recently, and it's taking longer to sell, signs that the high-end market has...

Land speculation in Manhattan began in 1626 when Peter Minuit bought the island for 60 guilders, or $24, from the Canarsee Indians. The tradition...