Property, Rentals, Transactions

Property, Rentals, Transactions

New York State home sales up 11 percent through first three quarters of 2016

The Empire State’s housing market has posted an 11-percent jump in home sales though the first nine months of 2016 compared to the same period in 2015, according to the housing market report released today by the New York State Association of REALTORS. The year-to-date statewide median sales price grew 3 percent compared to last year.

Center for NYC Neighborhoods and Citi announce joint effort to advance groundbreaking community land...

The Center for NYC Neighborhoods and Citi Community Development today announced plans to establish a groundbreaking city-wide community land trust (CLT) to advance affordable homeownership across the five boroughs of New York City. The CLT, which uses a non-profit approach to supporting community-controlled ownership of land, would create new affordable homeownership opportunities for middle- and working-class families over the long-term and shield homeowners from practices that can lead to foreclosure and displacement.
HELP USA

HELP USA, BUFFALO MAYOR, STATE HCR, AND PARTNERS HOLD GROUNDBREAKING CEREMONY FOR HELP BUFFALO...

HELP USA and Buffalo Mayor Byron Brown, today were joined by New York State Homes and Community Renewal (HCR) and the Office of Temporary Disability Assistance (OTDA), and partners to announce construction of 47 units of affordable housing for low income families and formerly homeless veterans in Buffalo
Flatiron

Flatiron Partnership Unveils Sixth Annual Flatiron: Where Then Meets Now Report Detailing Real Estate...

The Flatiron/23rd Street Partnership Business Improvement District (BID) today released its sixth annual Flatiron: Where Then Meets Now report showcasing the significant development and growth of the commercial and residential sectors in the district.

Mangano Proclaims October Fire Prevention Month & Issues Safety Tips For Homeowners

Nassau County Executive Edward P. Mangano was joined today by Nassau County Fire Marshals and representatives from the Nassau County Firefighters Museum, Kidde and McDonalds as he proclaimed October Fire Prevention Month. County Executive Mangano urges residents to take simple steps to protect their families from fires and other emergencies

Mangano Helps Homeowners File For Property Tax Relief With October Workshops

As part of his continued efforts to help homeowners reduce their property tax burden, County Executive Edward Mangano will be hosting a series of Property Tax Exemptions Workshops in October at libraries and community meeting halls throughout Nassau County.

Ulster County Executive Mike Hein’s Proposed 2017 County Budget Once Again Reduces Property Taxes

Ulster County Executive Mike Hein chose a vacant classroom in the County-owned Business Resource Center (BRC) to deliver his 2017 Executive Budget.  The proposed spending plan calls for reducing the tax burden and protecting property taxpayers again this year yet maintains essential services and continues unprecedented investment in the County’s infrastructure. 

N.Y. POWER AUTHORITY TRUSTEES APPROVE HYDROPOWER ALLOCATION FOR WNY FIRM THAT WILL CREATE 48...

The New York Power Authority Trustees has approved a low-cost hydropower allocation to the village of Westfield, in Chautauqua County, to support a food manufacturer that plans to create 48 jobs.
Rite Aid - Manlius, NY

The Boulder Group Arranges Sale of Single Tenant Net Leased Rite Aid Property

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Rite Aid property located at 8230 Cazenovia Road in Manlius, New York for $3,800,000. The 12,795 square foot Rite Aid property is strategically positioned along Cazenovia Road which is a primary north-south thoroughfare in the trade area.

SUSAN STURMAN JENNINGS, ESQ., NAMED 2016 TOP COUNSEL, ATTORNEY OF THE YEAR

Conifer Realty, LLC is proud to announce that Susan Sturman Jennings, Esq., has been named one of 2016’s Top Counsel from The Daily Record.

Empire State home sales set record in August

Homes sold at a record-setting pace across New York State during August with 13,912 closed sales, according to the housing market report released today by the New York State Association of REALTORS®. The previous record was 12,938 closed sales in August 2007. The statewide median sales price increased 3.8 percent compared to August 2015.
1051 Franklin Ave

HEMPSTEAD INDUSTRIAL DEVELOPMENT AGENCY APPROVES BENEFITS FOR GARDEN CITY BUILDING FOR STARTUP BUSINESSES

Hempstead Town Supervisor Anthony J. Santino announced that the town’s Industrial Development Agency (IDA) has approved a package of economic benefits that will allow a Queens-based developer to buy and renovate a vacant Garden City office building and then lease space to startup businesses

BROOKHAVEN INDUSTRIAL DEVELOPMENT AGENCY APPROVES INCENTIVES FOR MOVE OF 2 RONKONKOMA BUSINESSES

Frederick C. Braun III, chairman of the Town of Brookhaven Industrial Development Agency (IDA), announced that the agency has closed on an economic assistance package that will allow two Ronkonkoma businesses to relocate to a 25,000 square foot building in Yaphank

Consumers’ Inflation and Household Finance Expectations Strengthen

The August 2016 Survey of Consumer Expectations shows an increase in both short-term and medium-term inflation expectations. In particular, the median year-ahead inflation expectations reached its highest level of the year. Median expected household income growth also increased (for the third month in a row) to its highest level since May of 2015. Labor market expectations were mixed: Expectations about finding a job and earnings growth both improved, but the perceived probability of losing a job and expectations about the unemployment rate both increased slightly.
Capital Pacific

Capital Pacific Sells Aspen Dental in Olean, New York

Capital Pacific, a leading retail investment brokerage firm, recently represented the seller of a 3,500 SF Aspen Dental located at 3018 NY Route 417 in Olean, NY. The property was sold for $1,647,058 to a California investor.

Governor Cuomo Announces $29.7 Million in Grants for North Country Water Infrastructure Improvements

Governor Cuomo today announced $29.7 million in grants to support 18 critical municipal water infrastructure projects in the North Country. These grants are part of the second round of NYS Water Grants funded through the state’s highly successful Water Infrastructure Improvement Act

Following Report of Lowest Homeownership Rate Since 1965, Maloney Calls for Passage of His...

Following reports of homeownership dipping to its lowest level since 1965, Representative Sean Patrick Maloney has renewed calls for passage of legislation he introduced last year to make it easier for first-time homebuyers to save for a down payment. Current law allows first time homebuyers to make penalty-free withdrawals from their IRA to go toward the purchase of a home. However, the current limit of $10,000, which was enacted nearly 20 years ago and not indexed to inflation, has not kept up with rising costs and stagnating wages. Rep. Maloney’s bipartisan First Time Homeowner Savings Plan Act would help the law catch up, by increasing the limit to $25,000 for first time homebuyers.

JULY 27 WEBCAST ON RFP FOR PURCHASE AND DEVELOPMENT OF 27–ACRE HARRIMAN CAMPUS PARCEL...

A webcast on the request for proposals (RFP) that has been issued by the New York State Office of General Services (OGS) for the purchase and development of 27 acres of prime real estate in the Governor W. Averell Harriman State Office Campus in Albany will be held on Wednesday, July 27 at 11:00 a.m.

County Executive Mike Hein Launches Campaign Promoting Ulster County As Perfect Home For Tech...

Ulster County Executive Mike Hein visited Karina Dresses in uptown Kingston, a business that recently relocated from Brooklyn, to announce the launch of two advertising campaigns by the Ulster County Economic Development Alliance focused on promoting Ulster County as the ideal place to live and develop and grow business in today’s always connected economy.

New York State homes sales up more than 15 percent through the first half...

Driven by a very strong second quarter, home sales were up by 15.4 percent though the first six months of 2016 compared to the first half of 2015, according to the housing market report released today by the New York State Association of REALTORS. The statewide median sales price increased by 2.2 percent compared to a year ago at the end of the June

$10.6 Million Long Pond Senior Housing Opens In Town Of Greece

Rochester’s Cornerstone Group, Ltd., New York State Homes and Community Renewal, PathStone Corporation, Community Preservation Corporation, and partners today announced the opening of Long Pond Senior Housing, the first phase of a 120-unit housing development in the Town of Greece that provides 54 one and two-bedroom apartments with support services to help income-eligible and frail seniors remain independent.

Ulster County Executive Mike Hein Signs Local Laws To Increase Property Tax Exemptions For...

Ulster County Executive Mike Hein signed into law legislation that he previously proposed to enhance real property tax exemptions available to Ulster County Veterans. Based upon new exemption levels recently adopted by the New York State Legislature, this legislation ensures that Ulster County continues to grant its Veterans the most up-to-date exemptions allowable under New York State Real Property Tax Law.

AFFORDABLE SENIOR HOUSING IN WEBSTER NOW LEASING

Conifer is pleased to announce that, in partnership with Volunteers of America Upstate New York (VOAUPNY), a brand new, 60-unit, senior apartment community is now leasing in Webster!

MAYOR DE BLASIO, U.S. SENATOR SCHUMER ANNOUNCE PURCHASE OF DISTRESSED HOME-OWNER MORTGAGES FROM FEDERAL...

Mayor Bill de Blasio; U.S. Senator Chuck E. Schumer; Council Speaker Melissa Mark-Viverito; Council Members Daniel Garodnick, Daneek Miller and Donovan Richards; a number of not-for-profit organizations; and Goldman Sachs as financing partner, today announced the purchase of 24 distressed mortgages for one- to four-family homes – with a total of 41 residential units – in the Bronx, Brooklyn, Queens and on Staten Island.

New York State May home sales up nearly 10 percent; growth trend reaches 16...

With a nearly 10-percent increase in home sales compared to May 2015, the New York State housing market posted its 16th consecutive month of growth compared to the same month in the prior year, according to the housing market report released today by the New York State Association of REALTORS. The statewide median sales price grew by 3.2 percent compared to a year ago.

Popular Government & Nonprofit Press Releases

OGS TO HOLD PUBLIC AUCTION FOR 50 ACRES OF FARMLAND IN...

New York State Office of General Services (OGS) Commissioner RoAnn M. Destito today announced a public auction for approximately 50 acres of state-owned farmland on State Farm Road in the town of Kinderhook, Columbia County will be conducted at 10:30 a.m. on Thursday, November 9. Complete details, including photos, legal and reference documents, and auction requirements can be found online at www.nysstore.com by clicking on “Real Estate Auctions.”

Recent Government & Nonprofit Press Releases

OGS TO HOLD PUBLIC AUCTION FOR 50 ACRES OF FARMLAND IN...

New York State Office of General Services (OGS) Commissioner RoAnn M. Destito today announced a public auction for approximately 50 acres of state-owned farmland on State Farm Road in the town of Kinderhook, Columbia County will be conducted at 10:30 a.m. on Thursday, November 9. Complete details, including photos, legal and reference documents, and auction requirements can be found online at www.nysstore.com by clicking on “Real Estate Auctions.”