New York City Industrial Development Agency Assists Hindustan Granites to Expand in Brooklyn
February 12, 2010 Posted by NYCEDC
New York, NY - February 4, 2010 - (RealEstateRama) — The New York City Industrial Development Agency (NYCIDA) approved an incentive package that will help Hindustan Granites Inc. acquire and renovate a 31,000-square-foot industrial facility in the Greenpoint section of Brooklyn.
NYCEDC Seeks Developer for Industrial Building in Sunset Park
December 29, 2009 Posted by NYCEDC
New York, NY - December 28, 2009 - (RealEstateRama) — New York City Economic Development Corporation (NYCEDC) today issued a Request for Proposals (RFP) for the disposition and development of a vacant 1.1 million-square-foot warehouse building, known as Federal Building #2, in the vibrant industrial waterfront area of Sunset Park, Brooklyn.
Goldman Sachs to Invest $61 Million in Affordable Housing
December 3, 2009 Posted by New York RealEstateRama
NEW YORK, NY - December 2, 2009 - (RealEstateRama) — The Goldman Sachs Urban Investment Group announced today an investment of $61 million to support the preservation of more than 500 affordable rental homes for low-income New Yorkers.
TCAP Funds Will Jumpstart Construction Or Rehabilitation Of Affordable Housing In The Bronx, Brooklyn, And Manhattan
November 9, 2009 Posted by New York RealEstateRama
New York, NY - November 6, 2009 - (RealEstateRama) — New York City Department of Housing Preservation and Development (HPD) Commissioner Rafael E. Cestero today announced the recipients of the agency’s second round of funding from the American Recovery and Reinvestment Act’s Tax Credit Assistance Program (TCAP).
41 Habitat-NYC Families Receive Keys to New, Affordable, Eco-Friendly Homes in Ocean Hill-Brownsville, Brooklyn as Historic Habitat-NYC Complex Is Completed
September 28, 2009 Posted by New York RealEstateRama
Brooklyn, NY - September 26, 2009 - (RealEstateRama) — 41 low-income New York City families received the keys to their new Habitat for Humanity - New York City homes in a joyful celebration in Ocean Hill-Brownsville, Brooklyn.
First Affordable Housing Development in Brooklyn with Solar Panels
September 24, 2009 Posted by NYCHDC
NEW YORK, NY - September 23, 2009 - (RealEstateRama) — New York City Housing Development Corporation (HDC) President Marc Jahr, New York City Department of Housing Preservation and Development (HPD) Commissioner Rafael E. Cestero and Alan Bell from Dumont Green LLC, celebrated the groundbreaking for a new eight-story 176 unit affordable apartment building at 1490 Dumont Avenue.
Towns To Attend Macdougal Street Affordable Housing Grant Presentation - Brooklyn, NY - August 19th, 2009
August 18, 2009 Posted by New York RealEstateRama
BROOKLYN, NY - August 18, 2009 - (RealEstateRama) — U.S. Rep. Edolphus “Ed” Towns (NY-10) will be on hand when Astoria Federal Savings and the Federal Home Loan Bank of New York present Concern for Independent Living, Inc. with a $968,087 Affordable Housing Program grant.
Governor Paterson Signs Legislation To Extend Affordable Housing Program In Brooklyn
July 29, 2009 Posted by Governor David A. Paterson
Albany, NY - July 29, 2009 - (RealEstateRama) — Governor David A. Paterson signed into law legislation that will extend affordable housing for another 30 years to the tenants of the 5,881-unit Starrett City housing complex in Brooklyn – the nation’s largest publicly assisted affordable housing complex.
NYCEDC Sells Property to Brooklyn Manufacturer to Support Expansion
June 16, 2009 Posted by NYCEDC
New York, NY - June 16, 2009 - (RealEstateRama) - New York City Economic Development Corporation (NYCEDC) announced that it closed on the sale of a 10,000-square-foot parcel of City-owned land to Comfort Bedding, a mattress manufacturer based in Brownsville, Brooklyn.
HDC Board Approves $378 Million in Bonds For Multi-Family Housing
June 11, 2009 Posted by NYCHDC
NEW YORK, NY - June 9, 2009 - (RealEstateRama) – The New York City Housing Development Corporation (HDC) approved $378 million in Multi-Family Revenue tax-exempt bonds for the permanent financing and first position of construction for developments located in Manhattan, Brooklyn, and the Bronx. Approximately $115 million will be recycled bonds. The recycled bonds were […]
Nine Indicted in $92 Million Mortgage Fraud Scheme
June 4, 2009 Posted by New York RealEstateRama
New York, NY - June 4, 2009 - (RealEstateRama) — A federal grand jury in Brooklyn returned an indictment charging nine defendants with a mortgage fraud scheme that resulted in losses exceeding $90 million. The indictment alleges the defendants conspired to defraud Washington Mutual Bank (“WAMU”) and DLJ Mortgage Capital, Inc. (“DLJ”), a subsidiary of […]
Coney Island Development Corporation Announces Winners of 2009 Coney Island Student Art Competition
May 20, 2009 Posted by NYCEDC
New York, NY - May 19, 2009 - (RealEstateRama) — The Coney Island Development Corporation (CIDC) today announced the winners of the 2009 Coney Island Student Art Competition. The competition titled “My Vision of the Future of Coney Island,” was an opportunity for Coney Island students to express their artistic creativity and create a vision of what they believe the Coney Island of tomorrow should look like. The 2009 Student Art Competition was open to students residing in Coney Island, Brooklyn, in grades one through eight.
NYS Affordable Housing Corporation Approves $10.33 Million in Grants to Build and Acquire 362 Affordable Housing Units in New York City
May 7, 2009 Posted by New York RealEstateRama
NEW YORK, NY - May 7, 2009 - (RealEstateRama) — The board of the New York State Affordable Housing Corporation (AHC) today approved four grants totaling $10.33 million to the Housing Partnership Development Corp. to build and rehabilitate 362 units of affordable housing in Manhattan, the Bronx and Brooklyn.
Focus on Helping Financially Struggling Families Improve Energy Awareness
May 1, 2009 Posted by New York RealEstateRama
Albany, NY - April 23, 2009 - (RealEstateRama) — The New York State Public Service Commission (Commission) and the New York State Energy Research and Development Authority (NYSERDA) announced today that the Low-Income Forum on Energy (LIFE) will hold a series of meetings across the State to help address the challenges and opportunities facing low-income families as they seek affordable energy in the wake of the downturn in the economy.
NYS Housing Finance Agency Approves $21.5 Million Refinancing for 160 Affordable Units in Brooklyn Reserved for Seniors and Disabled
March 4, 2009 Posted by HFA
NEW YORK, NY - March 4, 2009 - (RealEstateRama) — The board of the New York State Housing Finance Agency (HFA) today approved $21.5 million in financing to renovate two low-income rental housing projects in Brooklyn with 160 units reserved for senior citizens and the disabled
