MIDYEAR ROUNDUP: SL GREEN SIGNS NEARLY ONE MILLION SQ FT OF LEASES IN MANHATTAN BY CLOSE OF SECOND QUARTER ‘08
September 4, 2008 Posted by SL Green
New York, NY - September 2, 2008 - (RealEstateRama) — SL Green Realty Corp. (NYSE: SLG) signed a total of 103 lease agreements covering 975,578-square feet at various buildings in its 30-building portfolio of Manhattan properties as the second quarter of 2008 came to a close.
Standard & Poor’s Affirms “AA” Issuer Credit Rating on New York City Housing Development Corporation Bonds
July 11, 2008 Posted by NYCHDC
New York, July 10, 2008. – Standard & Poor’s Ratings Service has affirmed its “AA/Stable” issuer credit rating on New York City Housing Development Corporation (NYCHDC). At the same time, Standard & Poor’s affirmed HDC’s top-tier status.
Affordable Workforce Housing on the Horizon in the Wawayanda
July 3, 2008 Posted by New York RealEstateRama
WAWAYANDA, N.Y.—June 30, 2008—A new dawn is coming to the horizon in Wawayanda, New York. Construction is well under way on a new rental housing complex specially designed to help working people afford to live in Orange County. A Construction Celebration Ceremony will be held on Monday, June 30th, to celebrate Wawayanda’s success in bringing […]
New York housing market sales pace improves, median price holds
July 1, 2008 Posted by NYSAR
Albany – June 30, 2008 –Sales of existing single-family homes in New York State in May outpaced April by nearly 12 percent, with more than 80 percent of New York’s reporting counties seeing an increase in sales, according to preliminary single-family sales data accumulated by the New York State Association of REALTORS.
Coldwell Banker Commercial Agents Sign Desirable SoHo Property With Residential and Retail Spaces
July 1, 2008 Posted by New York RealEstateRama
NEW YORK – Amadeus Ehrhardt and Simon Bacon of Coldwell Banker Commercial Properties Unlimited signed an exclusive with a seller asking $4.99 million for a multi-family with retail space in the heart of SoHo. The building is located at 184 Prince St. - between Sullivan and Thompson St.—, and encompasses a total of 2,459 square […]
Governor Paterson Announces $137 Million to Build and Preserve More Than 6,000 Units of Affordable Housing
July 1, 2008 Posted by DHCR
Governor David A. Paterson today announced $137 million in funding awarded by the New York State Division of Housing and Community Renewal (DHCR) that will help build and preserve 6,415 units of affordable housing — nearly twice the number of units created and preserved by DHCR last year.
The New York State Consumer Protection Board and the New York State Builders Association Announce “Ask the Expert” Collaborative Program for Homeowners Embarking on Home Improvements
July 1, 2008 Posted by New York RealEstateRama
‘Tis the season for home improvements, and the New York State Consumer Protection Board (CPB), with the help of professional advice from the New York State Builders Association (NYSBA), is announcing its new “Ask the Expert” program for consumers who are looking for reliable project information to help assure that their hard-earned money is spent […]
THOMPSON URGES CITY TO RECONSIDER “ILL-ADVISED DECISION” TO MOVE HOMELESS INTAKE CENTER TO BROOKLYN
June 25, 2008 Posted by Comptroller William C. Thompson
New York City Comptroller William C. Thompson, Jr. has called on the Department of Homeless Services (DHS) to reconsider its plan to move the City’s intake center for homeless men from the Bellevue Shelter at 30th Street in Manhattan to the Bedford-Atlantic Armory in Brooklyn.
New and Renovated Homes That “Go Green” Will Be Eligible for Grants
June 24, 2008 Posted by New York RealEstateRama
June 22, 2008 - Governor David A. Paterson today announced that the Legislature has agreed to pass one of his signature initiatives – legislation that will encourage the construction of new homes and the renovation of existing homes to meet “green building” standards. The bill authorizes the New York State Energy Research and Development Authority […]
Governor Paterson Announces Agreement With Legislature On Comprehensive Reforms To Address Mortgage Crisis
June 20, 2008 Posted by Governor David A. Paterson
Governor David A. Paterson today announced an agreement with the Legislature to pass a critical subprime lending reform bill which will directly address the mortgage crisis in New York State by immediately helping to protect people from losing their homes and by mandating reforms which will help avoid another similar crisis in the future.
New Plan Unveiled for South Street Seaport Pier
June 20, 2008 Posted by New York RealEstateRama
A new vision for Pier 17 was unveiled this week by South Street Seaport owner General Growth Properties. The company announced its plans to demolish the three-story mall that currently occupies the pier and replace it with open space, new retail buildings, and a 42-story hotel and residential tower.
SEBCO redevelops the last of the large City-owned lots in the South Bronx
June 20, 2008 Posted by New York RealEstateRama
June 19, 2008 – Bronx, NY – A 105-unit affordable housing development at 870 Southern Boulevard now stands on the site of the last City-owned vacant lot in the Hunts Point section of the South Bronx. Today, this development was officially named Sister Thomas Apartments, culminating a 40-year journey that SEBCO Development embarked upon under […]
Real Estate Developer and Publisher Positive on NYC Market, Despite National Softening Economy
June 20, 2008 Posted by New York RealEstateRama
New York - Mortimer Zuckerman, Real Estate tycoon, Chairman of Boston Properties and Publisher of The New York Daily News headlined the Real Estate Board of New York’s Members’ Luncheon on Monday, June 9 at the Sheraton Hotel and Towers. The event, one of the largest crowds ever for the trade association’s Members’ Luncheons, drew […]
New York State Real Estate Board To Meet
June 19, 2008 Posted by New York RealEstateRama
ALBANY – (June 19, 2008) – The New York State Real Estate Board will hold a public hearing on general real estate issues on Wednesday, June 25, 2008 at 10:30 a.m. at Department of State, Division of Licensing Services, Alfred E. Smith State Office Building, 80 South Swan Street, 10th Floor Conference Room, Albany, NY. […]
Two Senior Managers of Failed Bear Stearns Hedge Funds Indicted Today in Separate Mortgage-Related Securities Fraud Case
June 19, 2008 Posted by New York RealEstateRama
WASHINGTON – The Department of Justice and Federal Bureau of Investigation (FBI) announced today a national takedown of mortgage fraud schemes, the culmination of substantial coordinated efforts during the last three and a half months to identify, arrest and prosecute mortgage fraud violators through the United States. Operation Malicious Mortgage highlights the strong enforcement response […]
