1,000 Units of Affordable Housing for Low-Income Seniors in Brooklyn and Queens

New York, NY, April 30, 2008 - Catholic Charities Progress of Peoples Development Corporation (Catholic Charities), the housing developer of Catholic Charities Brooklyn and...

Governor Paterson Announces $25.5 Million To Build And Renovate 396 Affordable Housing Units

May 7, 2008 - Governor David A. Paterson today announced $25.5 million in grants and financing to build and renovate 396 units of affordable...

First Lady Michelle Paige Paterson Announces Solar Panel Installation At Governor’s Mansion

First Lady Michelle Paige Paterson today unveiled the first installation of solar panels at the Governor’s Mansion, a significant step toward reducing the Mansion’s...

Omnicom Group Signs 55,078 Sq Ft Lease Renewal at SL Green’s 220 East 42nd...

New York, NY – April 22, 2008 - SL Green Realty Corp. announced today that the Omnicom Group has signed a lease renewal covering...

HALT Task Force Publishes Progress Report on Subprime Mortgage Crisis

New York, NY - May 11, 2008 - Superintendent of Banks, Richard H. Neiman, today delivered a report to update Governor David A. Paterson...

New York Superintendent of Banks, Richard H. Neiman, Revokes JMF Funding Inc.’s Mortgage Broker...

New York, NY - May 6, 2008 - New York Superintendent of Banks, Richard H. Neiman, today disclosed that after notice and hearing an...

New York Banking Department and RealtyTrac Comment on First Quarter 2008 New York Foreclosure...

New York, N.Y. - April 29, 2008 - The New York State Banking Department and RealtyTrac® commented on the report published today by RealtyTrac,...

Retail Deal of The Year

A&I Broadway Realty has announced the completion of a retail transaction in the Dumbo area of Brooklyn. Petar Videv represented the property developer, Boymelgreen...

City Planning begins Public Review for rezoning in the East Village and Lower East...

May 5, 2008 - City Planning Commissioner Amanda M. Burden today announced the beginning of public review for the Department’s comprehensive rezoning proposal covering...

Housing Development Corp. issues $300,575,000 in Bonds for 2,130 Units of Affordable Housing And...

NEW YORK, N.Y., April 24, 2008 – Today, The New York City Housing Development Corporation (HDC) issued $300,575,000 of tax-exempt and taxable Multi-Family Housing...

LIPA Solar Project Would Provide Enough Power to Sustain 6,500 Households And Reduce Carbon...

Governor David A. Paterson today announced a major alternative energy project that would create the state’s largest source of solar power to help meet...

Mayor Bloomberg Celebrates Completion of Largest ‘Green’ Affordable Housing in Harlem

120 New Affordable Apartments in LEED Certified Building on 116th Street Mayor Michael R. Bloomberg today announced the completion of the Kalahari, a...

Foreclosure Prevention Efforts Not Keeping Pace With Trends

New York, N.Y.: The State Foreclosure Prevention Working Group’s second report indicates that industry efforts to avoid unnecessary foreclosures are not keeping pace with...

SL Green Signs New 83,822 Sq Ft Lease With News America At 1185 Avenue...

New York, NY - April 22, 2008 - SL Green Realty Corp (NYSE:SLG) today announced that News America Incorporated has signed a new...

HDC Approves LEED Silver-certified Residential Building for Queens College Campus

New York, N.Y., April 15th, 2008 – The New York City Housing Development Corporation (HDC) closed on $72,000,000 in tax-exempt bonds for the construction...

Report: NYC Average Home Prices Up 28% In First Quarter Despite Slowing Economy

Manhattan prices drive NYC residential market up as average home prices in Manhattan surge 41%; In Brooklyn avg prices up 3% NEW YORK, Apr. 17,...

Mayor Bloomberg, HUD Deputy Secretary Bernardi and VA Secretary Peake Announce HUD and VA...

$75 million program to reduce the number of homeless vets nationwide $9.4 million awarded to New York City to permanently house more than 1,000 homeless...

State Budget Includes $54 Million For Mitchell-Lama And Other Affordable Housing Programs

April 14, 2008 - Assembly Speaker Sheldon Silver, Ways and Means Committee Chair Herman D. Farrell, Jr., and Housing Chair Vito J. Lopez announced...

HDC Loan Preserves One of New York City’s Largest Affordable Housing Developments

New York, N.Y., April 9th, 2008 – The New York City Housing Development Corporation (HDC) closed on $73,900,000 in tax-exempt bonds for the...

Clinton, Schumer, Driscoll Blast HUD Decision to Move Forward with Auction of Syracuse Buildings

HUD Decision May Jeopardize City's Plans to Maintain Apartments as Safe, Affordable Housing Washington, DC – Senators Hillary Rodham Clinton and Charles Schumer joined Syracuse...

Budget Includes $25 Million to Save Homeowners from Foreclosures

Governor David A. Paterson and Legislative leaders announced today that the Enacted Budget includes $25 million to help save thousands of homeowners from foreclosure....

Governor Paterson Announces Historic Increase in Housing Funds

April 10, 2008 - Governor David A. Paterson and Legislative leaders today announced a historic increase in funding for New York’s housing programs. The...

REBNY Brooklyn Brokers Helping the Homeless

April 1, 2008 - For the second year in a row, The Real Estate Board of New York’s (REBNY) Brooklyn residential members presented a...

Senator Clinton Hails Approval Of Property Tax Relief by Key Senate Committee

Joined Senator Bayh in Calling for Help for Homeowners Washington, DC – April 2, 2008 - Senator Hillary Rodham Clinton (D-NY) today hailed approval of...

Attorney General Cuomo Shuts Down Buffalo Home Builder Who Repeatedly Defrauded Consumers

Used customers’ payments for personal expenses, failed to build homes for multiple families throughout Western New York BUFFALO, N.Y. - April 3, 2008 - Attorney General...