New York RealEstateRama

New York, NY - June 7, 2013 - (RealEstateRama) -- New York City Department of Environmental Protection (DEP) Commissioner Carter Strickland today joined New York State Department of Environmental Conservation (DEC) Regional Director Venetia Lannon to announce that the recently completed installation of green infrastructure in the Bushwick section of Brooklyn will prevent more than one million gallons of stormwater from reaching the combined sewer system each year and thereby improve the health and cleanliness of the water in Newtown Creek and New York harbor.

New York, NY - June 7, 2013 - (RealEstateRama) -- Senate Republican Conference Leader Dean Skelos and Independent Democratic Conference Leader Jeff Klein today announced that the Senate Majority Coalition will begin an unprecedented initiative to identify and eliminate thousands of costly and unnecessary government regulations that strangle business and job growth and drive up municipal and school property taxes.

New York (June 6, 2013) – JMC Holdings, LLC, a burgeoning real estate investment company launched by Matt Cassin and David Taylor, announced this week that Christopher Deppoliti has been hired as the company’s Head of Asset Management. In his role, Deppoliti will be responsible for overseeing JMC Holdings’ real estate investment portfolio and monitoring the performance of individual assets, which includes commercial and residential properties located in Manhattan and along the East Coast.

WASHINGTON, D.C. - June 6, 2013 - (RealEstateRama) -- Assembly Speaker Sheldon Silver and Housing Committee Chair Keith L.T. Wright today announced the approval of a comprehensive package of legislation that would help to preserve Mitchell-Lama housing by increasing protections for current tenants and changing eligibility requirements to allow more middle-class families to participate in the program.

Bronx, NY - June 5, 2013 - (RealEstateRama) -- New York City’s Housing Development Corporation (HDC),the Department of Housing Preservation and Development (HPD and the Mayor’s Office for People with Disabilities (MOPD), along with the New York State Homeless Housing and Assistance Corporation (HHAC)joined Barrier Free Living (BFL), Alembic Developmentand Foxy Management on East 139th Street in the Bronx today to celebrate the start of construction on Barrier Free Living Apartments, BFL’s first permanent supportive housing development that, when complete, will provide 120 apartments with a preference for the disabled and survivors of domestic abuse. Also in attendance were project partners and supporters including theCorporation for Supportive Housing (CSH), Citi Community Capital, Richman Housing Resources and local elected officials.

New York, NY - June 5, 2013 - (RealEstateRama) -- Citi and L+M Development Partners (L+M) have launched a second New York Affordable Housing Preservation Fund. NYAH II, a $150 million real estate private equity venture, is designed to be an entrepreneurial solution to stem the loss of affordable housing particularly in low- and moderate-income neighborhoods in New York City.

New York, NY - June 5, 2013 - (RealEstateRama) -- The State Office of Temporary and Disability Assistance (OTDA) today announced that ground has been broken on a project that will create 120 units of permanent supportive housing in the Bronx for chronically homeless domestic violence victims with physical disabilities and their families. Construction of the Barrier Free Living Apartments is being supported with $7 million from the State’s Homeless Housing and Assistance Program (HHAP).

New York, NY - June 5, 2013 - (RealEstateRama) -- Assembly Speaker Sheldon Silver and Insurance Committee Chair Kevin Cahill joined with colleagues to announce the Assembly's passage of an expansive legislative package that would help reform the arduous recovery and rebuilding process in the wake of widespread damages caused by Hurricane Sandy. The bills would establish a Homeowner's Bill of Rights, reform the insurance process to make it more timely and efficient and hold insurance companies to a higher standard of accountability.

BUFFALO - June 5, 2013 - (RealEstateRama) -- Attorney General Eric T. Schneider­­man today filed a lawsuit against HSBC Bank USA and HSBC Mortgage Corporation (USA) for failing to follow state law related to foreclosure actions, putting homeowners at greater risk of losing their homes. Under state law, residential mortgage lenders, servicers and their agents who sue to foreclose on a homeowner are required to file a “Request for Judicial Intervention” (RJI) when they file their proof of service with the county clerk. The process mandates that the lender then attend a settlement conference within 60 days. The purpose of this court-supervised conference is to provide an opportunity for borrowers to negotiate alternatives to foreclosure, including loan modifications that make mortgage payments more affordable, with the intent that they avoid losing their homes.

ALBANY, NY - June 4, 2013 - (RealEstateRama) -- The New York Department of State will hold a public meeting on Monday, June 10, 2:00 p.m. at 99 Washington Avenue in Albany, 65 Court Street in Buffalo, and 123 William Street in NYC. The Department’s Division of Licensing Services issues licenses to persons who conduct appraisals on real estate, and the Board of Real Estate Appraisal assists the Department in adopting rules and regulations relating to this discipline

New York, NY - June 3, 2013 - (RealEstateRama) -- On Thursday, June 6, Rebuilding Together, a Safe and Healthy Housing organization that believes Community Starts at Home, is joining together with 500 volunteers from presenting sponsors Lowe’s, Meredith Corporation and other key sponsors to renovate nearly a dozen homes and community areas devastated by Hurricane Sandy in the Gerritsen Beach section of Brooklyn, New York

WASHINGTON, D.C. - June 3, 2013 - (RealEstateRama) -- BROOKLYN, NY – Today, Representative Yvette D. Clarke released the following statement after the Department of the Treasury and the Department of Housing and Urban Development announced an extension of the Making Home Affordable Program through December 31, 2015

Washington, DC - May 30, 2013 - (RealEstateRama) -- A $168,500 grant for the Manchester Housing & Redevelopment Authority will provide permanent housing to 20 homeless veterans and is a positive step forward to battling veterans homelessness in the state, U.S. Senator Jeanne Shaheen (D-NH) said today. The supportive housing assistance is provided through the HUD (U.S. Housing and Urban Development)-Veterans Affairs Supportive Housing (HUD-VASH) Program, which combines rental assistance from HUD with case management and clinical services provided by the U.S. Department of Veterans Affairs (VA).

Newburgh, NY - May 29, 2013 - (RealEstateRama) -- Representative Sean Patrick Maloney announced that the U.S. Department of Housing and Urban Development awarded Orange County’s Lead Safe Program with a Lead Based Paint Hazard Control grant and Healthy Homes Initiative funding. This investment will help Orange County’s Office of Community Development clear homes of lead paint and fire hazards, improving the living conditions and safety of children and families across Orange County

MINEOLA - May 29, 2013 - (RealEstateRama) -- Attorney General Eric T. Schneiderman and New York State Senate Majority Coalition Leader Jeff Klein today highlighted the "Certificate of Merit" bill (A. 5582) and the Foreclosure Fraud Prevention Act (A.7395), two important pieces of legislation to protect New York homeowners facing foreclosure. Both bills passed the New York State Assembly last week, and will be soon be decided on by the New York State Senate. Many homeowners in New York are still fighting to stay in their homes, and these bills would ensure that families are protected from careless, or irresponsible, or even criminal behavior.

New York, NY - May 29, 2013 - (RealEstateRama) -- Get the facts on how to apply for the NYC and NYS Community Block Grant housing recovery assistance. Presentations by officials from the Mayor's Housing and Recovery Operations and NYS Homes and Community Renewal.

New York, NY - May 28, 2013 - (RealEstateRama) -- Mayor Michael R. Bloomberg and Finance Commissioner David M. Frankel today announced a $90.3 million reduction in property taxes for homes and businesses impacted by Hurricane Sandy. The reduction is a result of reassessments that the Department of Finance conducted to ensure that the final values reflected damages to homes and businesses, as well changes in market value following the storm.

WASHINGTON, DC - May 23, 2013 - (RealEstateRama) -- Congressman Paul Tonko spoke on the floor of the House of Representatives today, urging House leadership to protect the environment as well as private property owners along the route of a proposed extension to the Keystone oil pipeline. Tonko submitted two amendments to H.R. 3, the Northern Route Approval Act, which would provide these critical safeguards. The amendments offered by Tonko were not made in order and therefore not allowed a vote to be included into the final legislation

New York, NY - May 23, 2013 - (RealEstateRama) -- Assembly Speaker Sheldon Silver and Judiciary Committee Chair Helene Weinstein today announced the passage of two important legislative measures aimed at increasing integrity and efficiency in the mortgage foreclosure process

NEW YORK, NY - May 23, 2013 - (RealEstateRama) -- Attorney General Eric T. Schneiderman today praised the New York State Assembly for passing two important pieces of legislation aimed at protecting homeowners in New York. The "Certificate of Merit" bill (A. 5582)would help more New York families avoid foreclosure by enacting common sense reforms to bring greater integrity to the foreclosure process and expedite homeowners' participation in court-supervised mediation sessions where they can negotiate workable alternatives to foreclosure with their lender. This joint program bill was proposed by the Office of the Attorney General and the Office of Court Administration.

Albany, NY - May 22, 2013 - (RealEstateRama) -- Governor Andrew M. Cuomo will deploy representatives of the Department of Financial Services (DFS) to help Nassau County homeowners and business owners apply for federal recovery aid for Superstorm Sandy losses on Wednesday and Thursday. DFS will also offer insurance-related help to Staten Islanders on Friday and Saturday.

New York, NY - May 21, 2013 - (RealEstateRama) -- The New York State Senate today passed legislation to encourage the building of more “green” homes by creating a property tax exemption. The bill (S1710), sponsored by Senator Mark Grisanti (R-I, North Buffalo), would help increase demand for environmentally friendly housing by allowing local municipalities to offer a real property tax exemption of 35 percent for a maximum of 20 years.

Albany, NY - May 17, 2013 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced a comprehensive agreement settling multiple, long-standing disputes between the State of New York, the Oneida Nation of Indians, Oneida County and Madison County

New York, NY - May 17, 2013 - (RealEstateRama) -- New York State Taxpayer Rights Advocate Camille Siano Enders today encouraged homeowners, businesses and others who own property to review their assessments before the deadline, which is May 28 in most communities

Albany, NY - May 16, 2013 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced several Metropolitan Transportation Authority (MTA) initiatives to permanently repair damage from Superstorm Sandy, flood-proof major sections of the New York City subway system and begin the planning process to fortify the region’s mass transit network.