New York RealEstateRama

U.S. Senators Charles E. Schumer and Kirsten Gillibrand today announced a federal grant of $3,365,733 in Lead Hazard Reduction Demonstration funding and $325,000 in Healthy Homes supplemental funding for the City of Rochester. This critical funding will provide necessary resources to spur collaboration between the Rochester Housing Authority and the Monroe County Department of Health to prevent lead poisoning accidents. With this funding the City of Rochester will now be able to address lead hazards

U.S. Senators Charles E. Schumer and Kirsten Gillibrand today announced a federal grant of $2,217,833 in Lead Hazard Control funding for Chautauqua County to address lead hazards in 150 housing units. This critical funding will provide necessary resources to spur collaboration between Chautauqua County and local organizations, including the Jamestown and Dunkirk Housing Authorities, in order toreduce the number of lead-poisoned children and protect families by targeting health hazards in homes with significant lead and other home health and safety hazards.

U.S. Senator Charles E. Schumer announced today that Verizon will, in response to local concerns regarding a long-abandoned building in the Village of Camillus, level and clean up the property that has become a community eye-sore for the last 20 years. Last week, Schumer visited the Village and urged Verizon to be a good neighbor and clean up this site so it is no longer an eye sore or can one day be used for other purposes

Members of the Homes and Community Renewal (HCR) senior management team joined Governor Andrew M. Cuomo at his Capital for a Day in the Mohawk Valley recently to demonstrate the agency's commitment to New Yorkers in the region through its various revitalization programs. The day featured a walking tour of the Cornhill community in Utica, a neighborhood that is undergoing revitalization, and a roundtable discussion in the City of Amsterdam on housing and community revitalization needs and priorities

Attorney General Eric T. Schneiderman today announced a $6 million dollar settlement with Empire State Home Care Services, Inc. (Empire), a home care agency operating out of Brooklyn, NY. The settlement resolves claims that Empire improperly reported its home health aide hours as well as administrative and general expenses on cost reports filed between 2002 and 2005. These cost reports were used to set the reimbursement rates that Empire received from the state for the years 2004 through 2007 and resulted in over $3 million in reimbursements to which Empire was not entitled

Current Senate Bill Slashes HOME Investment Partnerships Program (HOME) Funding By More Than 90% From Fiscal Year 2015 Levels – Effectively Decimating Critical Funding Streams For Capital Region

Mayor Bill de Blasio joined Queens officials, the Arker Companies today to break ground at the Beach Channel Senior Apartments in Far Rockaway, Queens. When completed in 2017, the seven-story, mixed-use development will be 100 percent affordable, providing apartments for 154 low-income seniors, including 46 for formerly homeless seniors.

Ads Promote AGScamHelp.com, A Web-Based App that Educates Consumers On How To Avoid And Report Mortgage Rescue Scams And Obtain Help From Trustworthy Organizations. Attorney General Eric T. Schneiderman today announced a targeted advertising campaign and consumer education initiative to help New York homeowners spot, avoid, and report mortgage rescue scams

Tax Incentive Allows Businesses, Residents, and Municipalities to Install Solar Panels; However, They Only Receive These Benefits Upon Completion of the Project; With New Installations Contemplated in Rose, Williamson, City of Rochester, Henrietta, and Parma, Uncertainty About Solar Tax Credit’s Future Could Hamper Growth of Burgeoning Local Solar Companies

Governor Andrew M. Cuomo today announced that he is deploying Department of Financial Services’ Mobile Command Center to four Mohawk Valley locations to offer advice and assistance to New York consumers, as part of his “Capital for a Day” initiative to bring state government to the Mohawk Valley. The deployment is focused on assistance related to two specific issues: homeowners at risk of foreclosure and borrowers facing difficulties with student loans.

The New York Department of State will hold a public meeting followed immediately by a public hearing on Wednesday, August 26, 2015 at 10:30a.m., regarding the profession of real estate salespersons and brokers. The meeting will take place at the following office locations: 99 Washington Avenue, Albany, 65 Court Street, Buffalo; and, 123 William Street, New York City. The public has the right to attend the meeting at any of these locations.

Jersey City, which often draws a close comparison to New York City’s most populous borough, is experiencing yet another wave of multi-family investment demand associated with its Hudson waterfront location and proximity to Manhattan, according to the brokerage professionals at Gebroe-Hammer Associates. Development is moving inland, tenants are migrating from New York City in search of a similar yet less expensive lifestyle and property appreciation is up approximately 7 percent in the past 12 months

Village of Penn Yan Applied to FEMA for $2.5M for Repairs, But More Than $410,000 Needed for Most Visible Repairs Had Yet to Be Approved By FEMA – In July, Schumer Urged FEMA to Expedite Requests & Approve Final 5 Projects Desperately Needed in Penn Yan

New York state continues to have high levels of foreclosure activity with new foreclosure filings remaining significantly higher than prerecession levels, according to a report released today by State Comptroller Thomas P. DiNapoli

Poughkeepsie…The Dutchess County Department of Planning & Development in conjunction with the Solarize Hudson Valley campaign, announced three free Solarize Beacon + educational workshops will be held to assist Dutchess County homeowners and small business owners with obtaining access to solar energy discounts. As part of the workshops, potential solar customers will have the opportunity to meet and interview pre-selected local installation firms and current solar users to learn about solar technology and financing options for their homes and businesses

Poughkeepsie…The development of a 2.498 megawatt photovoltaic (PV) solar panel array at the Dutchess County Airport in the Town of Wappinger moved forward yesterday as the Dutchess County Legislature’s Environment Committee approved resolutions with lead agency status declaration as well as the approval and adoption of a Full Environmental Assessment Form (FEAF) and negative declaration of environmental significance in connection to the project. The resolutions will be considered by the full Dutchess County Legislature at their August Board meeting on Monday, August 10th

Highlighting New York State’s ongoing commitment to modernizing its transmission system, the New York Power Authority (NYPA) welcomed the arrival this week of the first of five new autotransformers slated for the Niagara Power Project’s switchyard in Lewiston. The transformer was transported by rail from Canada to the Niagara Falls CSX rail yard, where it was then transferred to an 18-axle trailer for an approximately two-mile trip to the Niagara switchyard

The State Board of Real Property Tax Services will meet at 11:00 a.m. Wednesday, August 19, 2015. The meeting will be held in Conference Room A on the second floor of Building 9 on the W.A. Harriman State Campus in Albany.

Attorney General Eric T. Schneiderman, joined by housing advocates, local lawmakers, and a local homeowner, today released a new, three-year report detailing the results of his office’s recent efforts to prevent foreclosures, keep families in their homes, and rebuild communities hit hardest by the housing crash. The three programs outlined in the report—the Homeowner Protection Program, New York State Mortgage Assistance Program, and AGScamHelp.com—have helped tens of thousands of New York families, including more than 6,000 homeowners in the Southern Tier and Central New York, avoid foreclosure

Governor Cuomo announced that New York State is helping municipalities strengthen their water infrastructure through more than $114 million in zero and low-interest loans. These loans will support improvements at 16 wastewater facilities and four drinking water systems. Six of these projects will also make facilities and systems more resilient in the face of extreme weather

The New York State Energy Research and Development Authority (NYSERDA) announced that data from a first-of-its-kind study that compiled energy-related information from more than 3,000 homes in New York are now available to the public on open.ny.gov for use in identifying opportunities for energy efficiency improvements.

Attorney General Eric T. Schneiderman, joined by housing advocates and local lawmakers, today released a new, three-year report detailing the results of his office’s recent efforts to prevent foreclosures, keep families in their homes, and rebuild communities hit hardest by the housing crash

The Association for Neighborhood and Housing Development (ANHD), New Economy Project, Legal Services NYC, and the National Community Reinvestment Coalition (NCRC) are profoundly disappointed that a U.S. district court has ruled in favor of the banking industry in striking down the NYC Responsible Banking Act (RBA). The RBA is an important transparency law that would allow the City to collect information about how well banks are serving local communities, and to consider this information when deciding where to place its deposits. Our organizations, several of which filed a detailed amicus brief in the case, call on the City to appeal this decision.

Eighteen tenants from a Bronx apartment building sued their landlord in NYS Supreme Court today, challenging the owner’s unlawful attempts to raise their rent above legal limits while receiving millions of dollars in tax breaks from the State.

The $10 million, 10-year CMBS loan was provided by Rialto Mortgage Finance LLC and features a fixed rate and interest-only payments for the first year. This transaction was negotiated by Meridian Managing Director, Tal Bar-Or, Associate, Beau Williams, and Vice President, Judah Neuman, who are all based in the company’s New York City headquarters