Greater Rochester Association of REALTORS® October 2007 Sales Statistics

ROCHESTER, NY - November 16, 2007 - Existing single-family home sales are up by 5.9 percent compared to last month, according to statistics released by...

In Total, Over 160,000 Upstate New Yorkers are Trapped in Subprime Loans and Face...

Schumer Releases New County-by-County Report on how many New Yorkers May Have Been Hoodwinked into Subprime Mortgages Laden with Spiraling Interest Rates  WASHINGTON, DC -...

Jean Nouvel Design Unveiled for Hines Project in Manhattan

NEW YORK, November 15, 2007 – Hines, the international real estate firm, announced today the formal selection of Paris-based architect Jean Nouvel as the designer of a...

Thompson: 2,100 Homeowners Reach Out For Help To Save Their Homes

November 15, 2007 --  New York City Comptroller William C. Thompson, Jr. today announced that 2,100 individuals and families from across the tri-state region have...

HSBC Takes $3.4 Billion Charge

NEW YORK, Nov. 15, 2007 – Two investment banks said yesterday that they would take additional write-downs because of problems related to the housing market, according to...

Senator Clinton Urges Property Tax Relief for Middle Class Homeowners

Property Taxes Have Skyrocketed While Median Household Income Has Decreased Washington, DC, November 9, 2007 - Senator Hillary Rodham Clinton joined several of her colleagues in...

Ten Years In Prison For Westchester Real Estate Lawyer Who Stole Over $20 Million...

New York, NY, Nov. 13, 2007 -- MICHAEL J. GARCIA, the United States Attorney for the Southern District of New York, announced that real estate lawyer ANTHONY BELLETTIERI,...

Tanger Outlet Center at the Arches Secures the First Neiman Marcus Last Call Store...

National fashion icon comes to Babylon BABYLON, New York, Nov. 13 /PRNewswire/ -- Neiman Marcus has leased 32,000 square feet for its first Long Island...

LandAmerica To Present at the Credit Suisse Insurance and Asset Management Conference 2007

RICHMOND, Va., Nov. 12 /PRNewswire-FirstCall/ -- LandAmerica Financial Group, Inc. (NYSE: LFG), Fortune magazine's number one Most Admired Company in the mortgage services industry,...

Rent Increases in Rent Stabilized Apartments

State and local laws limit your landlord’s right to increase the rent in your rent-stabilized apartment. How do I know if my apartment is rent...

City Planning and Economic Development Corporation Announce Comprehensive Coney Island Rezoning Plan to Safeguard...

November 8, 2007 - City Planning Commissioner Amanda M. Burden and New York City Economic Development Corporation (NYCEDC) President Robert Lieber today unveiled the...

NYS Affordable Housing Corporation Announces $3 Million “Block-by-Block” Program to Revitalize Blighted Neighborhoods in...

Not-For-Profits and Government Agencies Would Be Eligible; Local Match Required BUFFALO, N.Y., Nov. 8, 2007 — The New York State Affordable Housing Corporation (AHC) today announced...

HALT Task Force Expands Efforts to Address Subprime Lending Crisis

Governor Eliot Spitzer today met with Attorney General Andrew Cuomo and members of the Governor's Halt Abusive Lending Transactions (HALT) Task Force to address...

Carol Rosenthal Joins Fried Frank’s Real Estate Practice

NEW YORK, Nov. 8 /PRNewswire/ -- Fried, Frank, Harris, Shriver & Jacobson LLP announced today that Carol E. Rosenthal has joined the Firm as...

Law Firm Gersten Savage Completes $1 Million Renovation, Adds to Modern Art Collection

NEW YORK, Nov. 8 /PRNewswire/ -- Gersten Savage LLP, one of New York's top five independent law firms, has renewed its 10-year lease for...

Bankrate: Mortgage Rates Nudge Higher

NEW YORK, Nov. 8 /PRNewswire-FirstCall/ -- Mortgage rates moved up this week, with the average conforming 30-year fixed mortgage rate now 6.34 percent. According...

Thompson Launches “Save Our Homes” Initiative To Address Subprime Crisis In New York City

October 30, 2007 -- Flanked by several of the city’s top labor and religious leaders, New York City Comptroller William C. Thompson, Jr. today...

MFA Mortgage Investments, Inc. Announces Public Offering of Common Stock

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...

STAR Rebate Check Application Deadline Extended

November 02, 2007 - Acting New York State Commissioner of Taxation and Finance Barbara G. Billet announced that Gov. Eliot Spitzer recently signed legislation...

Senator Flanagan Successfully Extends Tax Relief Deadline For Homeowners

November 5, 2007 - Senator John Flanagan (2nd Senate District) announced today that the deadline to apply for property tax rebate checks has been...

Governor Spitzer Announces Increased Home Heating Financial Support For Working Families

New York, November 1, 2007 -- Governor Eliot Spitzer today announced the annual launch of the home heating assistance program, which this year includes...

Governor Spitzer Announces Financing For More Than 1,180 Housing Units Across New York State

New York, November 2, 2007 -- Governor Eliot Spitzer today announced $510 million in financing for the construction and renovation of 1,182 affordable housing...

NYS Housing Finance Agency Approves $15.5 Million in Financing to Renovate West Village Apartments...

NYS Affordable Housing Corporation Approves $300,000 to Help Western New York Seniors Renovate Homes NEW YORK, Nov. 2, 2007 -- The board of the New York...

NYS Housing Finance Agency Approves $451 Million in Financing for Affordable Housing in New...

470 New Affordable Units Include 150 Units of Supportive Housing NEW YORK, Nov. 2, 2007 -- The board of the New York State Housing Finance...

Senator Flanagan Celebrates First Home Purchased Through Senate Program

New York, November 2, 2007 - Senator John Flanagan (2nd Senate District) joined with his colleagues in the Senate majority, the Long Island Housing...

Popular Government & Nonprofit Press Releases

MORE THAN HALF OF BUILDINGS ON THE 2017 AEP LIST HAVE...

New York City Department of Housing Preservation and Development (HPD) Commissioner Maria Torres-Springer announces an update on the progress made to improve conditions at the buildings included on the tenth annual Alternative Enforcement Program (AEP) list.  Since the 2017 AEP list was released in February, 138 buildings have improved conditions and met the criteria for discharge from the program. The AEP list identifies 250 distressed multifamily residential buildings with HPD violations and allows for enhanced enforcement, which includes roof to cellar inspections, fees, and an AEP Order to Correct the underlying conditions of the HPD violations.  These enhanced enforcement tools are used to improve living conditions for each building’s residents

Recent Government & Nonprofit Press Releases

Total Household Debt Increases, Driven by Mortgage, Auto and Credit Card...

The Federal Reserve Bank of New York today issued its Quarterly Report on Household Debt and Credit,which reported that total household debt increased by $114 billion (0.9%) to $12.84 trillion in the second quarter of 2017. There were modest increases in mortgage, auto and credit card debt (increasing by 0.7%, 2% and 2.6% respectively), no change to student loan debt and a modest decline in balances on home equity lines of credit (decreasing by 0.9%).