New York RealEstateRama
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RealEstateRama staff editor manage to selection and verify the real estate news for State of New York.
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House of Representatives Holds Committee Hearing on Rep. Zeldin’s Bill for Long Island Fishermen
On Tuesday, February 2, 2016, the House Natural Resources Committee hosted a hearing of the Subcommittee on Water, Power, and Oceans regarding legislation that Congressman Lee Zeldin (R, NY-1) introduced in the House
Brewer responds to Sen. Ted Cruz’s anti-Manhattan remarks
Manhattan Borough President Gale A. Brewer issued the following statement in response to remarks made by U.S. Sen. Ted Cruz (R-Tx.) to ABC News Monday evening "We are one city and one state. Our heritage is diversity and tolerance, and our values are community and fair play.
COMING TO NEW YORK CITY THIS MONTH: SOLAR GOES CORPORATE & SEIA’S FINANCE AND...
With more American businesses installing solar than ever before, the Solar Energy Industries Association (SEIA) is gathering the brightest minds in the solar, corporate, finance and legal sectors under one roof in New York City for the inauguralSolar Goes Corporate event. On Feb. 17, inside The New York Times Building, event attendees will have a chance to hear how to successfully develop, deploy and invest in solar projects – all while saving money and cutting their companies’ carbon footprint along the way.
RECHARGE NY POWER HELPS SCHOHARIE COUNTY WOOD FIRM EXPAND, SUPPORTING MORE THAN 70 JOBS
Mill Services, a wood finishing manufacturer in Cobleskill, has completed an expansion project that will create 10 new jobs at the facility. The firm will receive 176 kilowatts of low-cost electricity from the New York Power Authority through Governor Andrew M. Cuomo’s ReCharge NY program in exchange for its commitment to support more than 70 jobs.
HPD PUBLISHES LIST OF 250 DISTRESSED PROPERTIES IN THE LATEST ROUND OF HPD’S ALTERNATIVE...
New York City Department of Housing Preservation and Development (HPD) Commissioner Vicki Been released the new list of residential buildings that have been placed into the agency’s Ninth Round of the Alternative Enforcement Program (AEP). The AEP is aimed at increasing the pressure on the owners of the City’s multifamily residential buildings that have fallen into disrepair, many of which are rent-regulated, to bring the properties up to code so that the residents are not forced to live in substandard and hazardous conditions.
New York State Agency Orders Investigation and Enhancement of Security Measures at 53rd Street...
The New York State Office of Temporary and Disability Assistance (OTDA) today announced that it is requiring New York City to take a series of actions to increase and ensure the safety of residents at the 53rd St. Men’s Shelter in Manhattan. This includes immediately increasing security and law enforcement presence at the facility, and conducting a thorough investigation, to be shared with the state, into whether the facility’s security protocols are inadequate, and what improvements are needed if so to protect the well-being of people residing in the shelter.
Governor Cuomo Announces $25 Million in Funding to Local Governments and School Districts Throughout...
Governor Cuomo today launched the Municipal Restructuring Fund – a new $25 million program to assist local government and school officials with developing transformative projects that will lead to property tax reductions for New Yorkers.
SCHUMER TOURS PLUG POWER & LAUNCHES BI-PARTISAN EFFORT TO EXTEND A CRITICAL FUEL CELL...
During a visit to Latham, NY, U.S. Senator Charles E. Schumer today toured the Plug Power facility to see first-hand the growth the fuel cell company has made since his last visit in June 2010, and launched his bi-partisan effort to extend the Investment Tax Credit (ITC) for fuel cells. Schumer explained that the fuel cell ITC was a critical stimulus for the company’s success and its extension is needed so the company can continue to thrive and create jobs
City Confident In Public Water Supply
Mayor Richard C. David today toured the City of Binghamton’s water treatment facility and outlined the many steps taken to ensure high-quality drinking water for Binghamton residents, amid the ongoing Flint, Mich. water crisis.
COMPTROLLER STRINGER AUDIT: DEPARTMENT OF FINANCE MISTAKENLY GAVE AWAY $10 MILLION IN PROPERTY TAX...
Corporate-owned condos and other properties such as indoor parking spaces and gardens were granted more than $10 million in improper tax abatements over the past 4 years because the New York City Department of Finance failed to conduct basic document checks, according to an audit released today by New York City Comptroller Scott M. Stringer.
SCHUMER, GILLIBRAND & RICE ANNOUNCE NEARLY $10 MILLION FOR REPAIRS TO LONG BEACH BOARDWALK...
U.S. Senators Charles Schumer and Kirsten Gillibrand and U.S. Representative Kathleen Rice today announced that the City of Long Beach has been awarded nearly $10 million in federal grant funding for repairs to the Long Beach Boardwalk and other facilities that sustained damage during Superstorm Sandy. The Federal Emergency Management Agency (FEMA) agreed to cover 90 percent of the cost of rebuilding the boardwalk, but initially declined additional costs totaling more than $9 million
Comptroller DiNapoli & A.G. Schneiderman Announce Guilty Plea and Sentencing of Robert Wiesner...
Comptroller Thomas P. DiNapoli and Attorney General Eric T. Schneiderman today announced the guilty plea of Robert Wiesner, the former Security Director for the Monroe County Water Authority, for working with others to rig the bidding process for a multi-million dollar public works contract in Monroe County.
Governor Cuomo Launches Initiative to Return Thousands of New York City Apartments to Rent...
Governor Cuomo announced a major initiative to return up to 50,000 illegally deregulated apartments to rent regulation, restoring rights to thousands of tenants. The owners of the targeted buildings are receiving J-51 tax benefits and claim to be exempt from rent regulation, contrary to the law. Each will be instructed via a letter to re-register their units.
Governor Cuomo Announces $22.6 Million to Improve 1,166 Homes and Expand Homeownership Opportunities
Announcement Made at Rochester Housing, Community and Faith-Based Development Conference to Encourage More Housing, Increase Access to Services, and Revitalize Neighborhoods Throughout the Finger Lakes
NEW COMMUNICATIONS TOWER GOES UP AT NYPA’S BLENHEIM-GILBOA POWER PROJECT
GILBOA—Workers put finishing touches Jan. 14 on a new communications tower at the New York Power Authority’s Blenheim-Gilboa Power Project that will boost cellphone service in Schoharie County. The 260-foot tower, near the project’s upper reservoir, replaces a smaller one used to communicate equipment readings to the hydroelectric plant below. It is the centerpiece of an agreement between NYPA and Verizon to improve cellular communications along the Route 30 corridor, between the towns of Middleburgh and Grand Gorge.
Banks steal millions from minority, low-income Westchester homeowners: IDC releases “The Next Great American...
Senators Jeff Klein (D-Bronx/Westchester) and Mayor Rich Thomas (D-Mount Vernon) on Monday unveiled “The Great American Bank Robbery,” a distressing report detailing the over $19 million dollar price tag that neglected, bank-owned and zombie properties cost communities throughout Westchester
A.G. Schneiderman Announces Major Settlement with Africa Israel over Condominium Development Practices
Attorney General Eric T. Schneiderman today announced a settlement with several subsidiaries of the publicly-traded conglomerate Africa Israel Investments Limited that requires the developer to complete 15 Broad Street in Manhattan, which has been stalled for nearly a decade and surrender control of the building to the condominium owners, to resolve defect claims at three condominiums in Manhattan and Brooklyn, and to pay $2 million to New York City to compensate for improper receipt of tax benefits.
New York State Announces Progress to Address Contamination at Saint-Gobain Performance Plastics Site and...
The New York State Department of Environmental Conservation (DEC) and Department of Health (DOH) today called on the U.S. Environmental Protection Agency (EPA) to add the Saint-Gobain Performance Plastics Corporation McCaffrey Street Plant and other possible sources of contamination in Hoosick Falls to the National Priorities List (NPL) under the federal Superfund program and to undertake a full environmental investigation to address the sources of contamination.
HPD COMMISSIONER BEEN AND HDC PRESIDENT RODNEY ANNOUNCE DEVELOPMENT TEAM DESIGNATED TO BUILD 105...
The New York City Department of Housing Preservation and Development (HPD) Commissioner Vicki Been, and New York City Housing Development Corporation (HDC) President Gary Rodney today announced the selection of a team to develop a site located at St. Ann’s Avenue and East 142nd Street in the Mott Haven neighborhood of the Bronx. The designated team, led by The Community Builders, Inc., was selected through a competitive Request for Proposals (RFP) process
A.G. Schneiderman Announces Convictions Of NYC School Construction And Housing Authority Contractor And Labor...
Attorney General Eric T. Schneiderman and New York City Department of Investigation Commissioner Mark G. Peters announced today the convictions and sentencing of a contractor, Baldlev Singh, who with his brother Avtar Singh, also operated as labor brokers, for underpaying and stealing wages from workers on New York City School Construction Authority (SCA) and New York City Housing Authority (NYCHA) public works projects.
Ulster County Executive Mike Hein Announces Availability Of Funding For 2016 Youth Programs
Ulster County Executive Mike Hein and Youth Bureau Director Evelyn Clarke announce the Ulster County Youth Bureau is accepting Request for Applications for the New York State Office of Children and Family Services (OCFS) Youth Development grants. The Ulster County Youth Bureau administers the Youth Development Program (YDP) and Runaway & Homeless Shelter (RHYA) funding from OCFS and Ulster County to support youth programs.
Rockefeller Center® Christmas Tree goes home with Habitat for Humanity
As the Rockefeller Center Christmas Tree leaves the plaza Jan. 9, its next journey will bring new life to a Habitat for Humanity home. In a nearly decadelong tradition, Tishman Speyer, the owner and manager of Rockefeller Center, will donate lumber from the tree to Habitat for Humanity. This year, the 78-foot-tall Norway spruce will stay in its home state of New York where it will be used by Habitat for Humanity of Greater Newburgh.
COMPTROLLER STRINGER AND HUMAN RESOURCES ADMINISTRATION COMMISSIONER BANKS ANNOUNCE AN OVERHAUL OF CITY’S HIV/AIDS...
In a joint announcement, New York City Comptroller Scott M. Stringer and New York City Human Resources Administration (HRA) Commissioner Steven Banks unveiled today an overhaul of how the City manages and oversees vendors providing a range of housing services to HIV/AIDS Services Administration (HASA) clients, following the release of an audit which found significant weaknesses in HRA’s operations that potentially put vulnerable New Yorkers at risk.
New York Fed Concludes the Mortgage Operations Counterparty Pilot Program
The New York Fed concluded its Mortgage Operations Counterparty (MOC) Pilot Program on December 31, 2015. The intent of the program, which was announced in August 2014, was to explore ways to broaden the range of firms acting as counterparties in the Federal Reserve’s open market operations, and to determine the extent to which firms beyond the Primary Dealer community can augment the New York Fed’s operational capacity and resiliency in its monetary policy operations.
Banks steal $16 million from homeowners: IDC unveils “The Next Great American Bank Robbery”
Senators Jeff Klein (D-Bronx Westchester) and Diane Savino (D-SI/Brooklyn), stood with victims and housing advocates today to unveil “The Great American Bank Robbery,” a distressing report detailing the multi-million dollar price tag abandoned and vacant properties cost communities throughout New York City. Joined by foreclosure and legal advocates, they called for a two-step legislative plan to hold banks accountable while ensuring that decaying properties are maintained.
