New York RealEstateRama
A.G. Schneiderman Announces Arrest Of Long Island Man For Attempted Residential Mortgage Fraud In...
Attorney General Eric T. Schneiderman today announced the arrest of Fedlaire Aristide, 47, of Freeport, N.Y., for allegedly attempting to defraud Wells Fargo in a short sale scam that would have cost the bank hundreds of thousands of dollars.
Senate Democratic Conference To Unveil Major Housing Reform Initiatives
Senate Democratic Conference Leader Andrea Stewart-Cousins, Housing Committee Ranker, Senator Adriano Espaillat, Senator Liz Krueger, Senator Jose Serrano, Senator Daniel Squadron, and Members of the New York State Senate Democratic Conference
BRG Announces Closing of Public Offering of Class A Common Stock and Full Exercise...
Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) announced today the completion of its underwritten public offering of 6,348,000 shares of Class A common stock, including 828,000 shares of Class A common stock issued pursuant to the full exercise of an option to purchase additional shares of Class A common stock granted to the underwriters, at a price to the public of $13.00 per share.
SCHUMER ANNOUNCES WEST POINT PROJECTS CLEAR KEY HURDLES IN CONGRESS – HOUSE AND SENATE...
Current West Point Waste Water Treatment Plant Was Built Nearly 60 Years Ago & Has Not Been Updated Since 1972; Suffers From Leaking Tanks That Are Beyond Repair And In Need Of An Upgrade – West Point Would Be Able To Replace Old, Deteriorating Water Plant
SCHUMER: IT’S TIME TO RETIRE FEMA’S ‘WYO’ MODEL FROM THE 80’S; SENATOR URGES FEMA...
For the first time ever, U.S. Senator Charles E. Schumer today urged the Federal Emergency Management Agency (FEMA) to scrap the decades-old Write-Your-Own (WYO) insurance model from the National Flood Insurance Program (NFIP) and move forward to overhaul the process entirely so that flood insurance policyholders in New York and across the country are benefited in the future. The WYO model has been in place since 1983 and allows participating insurance companies to write and service policies in their own names
Bellone, Stern and Ageless Home Living Present Stair Lift to Veteran
County Executive Steve Bellone, Legislator Steve Stern and Ageless Home Living have collaborated to serve a veteran in need. Ageless Home Living, a part of the Four Seasons group of companies, will donate a stair lift to Vietnam veteran Barton Burlison.
Sunrun And Westfield Corporation Launch Interactive Home Solar Shopping Experience
Sunrun, the largest dedicated residential solar company in the U.S., today announced a partnership with the Westfield Corporation to bring interactive stations to malls in New York and California. Beginning this week, Westfield malls will unveil stations that educate consumers on the ease and cost savings of making the switch to solar, and provide customized home proposals in minutes.
SCHUMER CALLS ON USDA TO MEET WITH LOCALS REGARDING EXPENSIVE FLOOD REPAIR AND MITIGATION...
U.S. Senator Charles E. Schumer today urged the U.S. Department of Agriculture (USDA) to meet with locals in the Village of Avon in Livingston County to help find ways to make repairs and upgrades to its storm water infrastructure possible in order to prevent future flood damage. Schumer explained that in July 2014 and May 2015, the small village and its residents and businesses experienced severe damage due storm-induced flooding
Neuhaus praises Orange County Department of Public Works for earning $16,500 rebate for investing...
Orange County Executive Steven M. Neuhaus announced on Thursday that the Department of Public Works has received a rebate for $16,500 by participating in Orange and Rockland’s Big Energy Solutions Rebate Program.
CITY AND STATE OFFICIALS JOIN THE ROCKOWER CORPORATION, M. MELNICK & CO. AND PARTNERS...
The New York City Housing Development Corporation (HDC), Department of Housing Preservation and Development (HPD) and New York State Homes and Community Renewal (HCR), join Rockower Corp., M. Melnick & Co., Inc. and partners to celebrate the groundbreaking for 810 River Avenue, the first project to benefit from the 161 Street / River Avenue Rezoning. A green, mixed-use, mixed-income, transit-oriented development, 810 River Avenue will include 134 units of affordable housing for very low-, low-, and middle-income households.
USAA Real Estate Co. Claims Stake in Manhattan’s Hudson Yards Submarket with New Midtown...
USAA Real Estate Company ("RealCo") today announced the acquisition of two mid-block office properties located in Manhattan's highest growth submarket, Times Square South which gives onto the 34th Street retail corridor, a high traffic pedestrian neighborhood located between Time Square, Penn Station and Hudson Yards.
A.G. Schneiderman Announces Prison Sentence For Attorney Who Ran Million-Dollar Mortgage Fraud Scheme
Attorney General Eric T. Schneiderman today announced the sentencing of licensed attorney Theresa Sanders, 56, of Fabius, New York, to 2 1/3 to 7 years in state prison. Sanders pleaded guilty earlier this year for her role in a million-dollar mortgage fraud ring that operated in the Syracuse area for years, preying upon both first-time home buyers and institutional lenders.
SCHUMER URGES FEDERAL DEPT. OF HOUSING AND URBAN DEVELOPMENT TO IMMEDIATELY CONDUCT FULL, TOP-TO-BOTTOM...
U.S. Senator Charles E. Schumer today urged the U.S. Department of Housing and Urban Development (HUD) to conduct a top-to-bottom review of the living conditions and management of the Towne Garden Apartment complex in Buffalo. Schumer explained that residents of the federally-subsidized apartment building have complained of broken toilets, mold, leaking roofs, not enough heat, and parking lot lights that have been inoperable for months
Spring sales and price growth continue in the New York State housing market
Home sales and selling prices continued on an upward trend in April, according to the housing market report released today by the New York State Association of REALTORS. The April 2015 sales total of 7,207 units was up 1.3 percent from April 2014.
N.Y. POWER AUTHORITY TRUSTEES AWARD CONTRACT FOR MOORING FACILITY AT FIRST BUFFALO MARINA
The New York Power Authority (NYPA) trustees have approved a $2.9 million contract for the construction and relocation of the winter mooring operations of NYPA’s ice boom tugboats and barge to a new area within the First Buffalo Marina.
DA VANCE ANNOUNCES INDICTMENT OF TRADING COMPANY AND MANAGERS FOR DEFRAUDING INVESTORS OF $6.5...
Manhattan District Attorney Cyrus R. Vance, Jr., today announced the indictment of ROBERT DEPALO, 60, JOSHUA GLADTKE, 37, PANGAEA TRADING PARTNERS, LLC. (“PANGAEA”), and EXCALIBUR ASSET MANAGEMENT, LLC. (“EXCALIBUR”) for defrauding foreign investors based in the United Kingdom out of approximately $6.5 million through a private offering in New York.
NYS Tax Department Reminds Property Owners to Check Assessments Ahead of May 26th Grievance...
The New York State Department of Taxation and Finance today reminded all property owners - including homeowners and businesses - to check their assessments for accuracy. The deadline to contest your property assessment, also known as "Grievance Day," is May 26th in most communities
Assemblymen Dave Rible and Sean Kean, both R-Monmouth and Ocean, recently introduced legislation that...
NextGen sets NYCHA on a new path to financial solvency, allowing the Authority to make significant investments in its 178,000 units, and dramatically improve quality of life for the 400,000 residents living in public housing
HUD AWARDS $45,000 TO CATSKILL HOUSING AUTHORITY FOR SECURITY CAMERA INSTALLATION
In an effort to address emergency, safety and security needs, the U.S. Department of Housing and Urban Development today awarded $45,000 to the Catskill Housing Authority to help fight crime and drug activities at its Hop-O-Nose Homes development. The funding announced today is part of $6 million awarded nationwide to help secure public housing and one of two grants announced in New York State, with the other going to the New York City Housing Authority.
Senate Passes Bill Making the Property Tax Cap Permanent, Saving Taxpayers Billions of Dollars
The New York State Senate today acted on one of its top end-of-session priorities by passing legislation to make the property tax cap permanent. The bill (S5597), sponsored by Senate Majority Leader John Flanagan (R-C-I, East Northport), would prevent the planned expiration of the tax cap to continue saving taxpayers billions of dollars each year, increase investments by businesses, and create more jobs
HPD, THE DOE FUND, AND PARTNERS ANNOUNCE START OF CONSTRUCTION ON NEW AFFORDABLE AND...
New York City-based nonprofit organization The Doe Fund were joined by the New York City Department of Housing Preservation and Development (HPD) and development partners today to announce plans for a new 60-unit development located at 1420 Crotona Park East in The Bronx. The soon-to-be constructed eight-story development will include a total of 60 supportive, affordable housing units of which, 36 apartments will be reserved for clients of the city’s HIV/AIDS Services Administration (HASA).
Mayor Lovely Warren Announces Second Round of 2015 Owner-Occupant Roofing Program
The $1.8 million 2015 Owner-Occupant Roofing Program started in February and is split into two rounds of funding. Grant awards cover the cost of roof replacement and other related repairs such as gutters, downspouts, roof flashing and minor chimney repair up to $12,000.
Senate Passes Bill Making the Property Tax Cap Permanent, Saving Taxpayers Billions of Dollars...
The bill (S5597), sponsored by Senate Majority Leader John Flanagan (R-C-I, East Northport), would prevent the planned expiration of the tax cap to continue saving taxpayers billions of dollars each year, increase investments by businesses, and create more jobs.
Higgins Introduces Nation Building Here At Home Act Of 2015
Congressman Brian Higgins (NY-26) introduced a new strategy to repair our nation’s infrastructure today, the Nation Building Here At Home Act of 2015. The bill aims to create a new grant program to rebuild our nation’s roads, bridges, transit systems, and water infrastructure.
Congressmen Collins and Swalwell Re-Introduce the Bipartisan Main Street Revival Act
The Main Street Revival Act allows qualifying small businesses to elect to defer paying payroll taxes during their first year in operation. The deferred taxes would then be paid in installments over the subsequent four years.
