New York RealEstateRama
Senate Passes Bill to Expand Renewable Energy Technology Use
New York, NY - March 13, 2013 - (RealEstateRama) -- The New York State Senate today passed legislation sponsored by Senator George D. Maziarz (R-C, Newfane) that would help encourage the installation of renewable energy technologies by making them more cost efficient and accessible.
Governor Cuomo Announces Opening of Innovative Affordable Housing for Seniors in New Rochelle
Albany, NY - March 13, 2013 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced the official opening of Shiloh Senior Apartments in New Rochelle. The 40-unit development provides quality, energy-efficient, affordable apartments for senior citizens. New York State invested $10 million in tax credits, bonds, and grants for the project through the Housing Finance Agency (HFA) of New York State Homes and Community Renewal (HCR) and partnered with the U.S. Department of Housing and Urban Development, the City of New Rochelle, Westhab, Inc. and Shiloh Community Development Corporation to create a model of affordability, sustainability, and collaboration.
Governor Cuomo Seeks Federal Approval of NY State Plans for Housing and Business Storm...
Albany, NY - March 12, 2013 - (RealEstateRama) -- Governor Andrew M. Cuomo today submitted New York State's proposal for housing and business recovery programs to help New Yorkers devastated by Superstorm Sandy, as well as Hurricane Irene and Tropical Storm Lee. These programs will provide billions of dollars in direct aid to individuals, homeowners, and small businesses using funding from the $60 billion Sandy Aid approved by Congress and signed in to law by President Obama in January. The State designed the diverse array of programs to specifically target federal aid to New Yorkers most in need and ensure the affected communities, and the entire region, builds back smarter and stronger than before
SCHUMER, AFTER MONTHS OF PRESSING, ANNOUNCES FEDS AGREE TO FULLY PICK UP TAB FOR...
The Hurricane Sandy Relief Bill Only Required Feds to Pay For 65% Of the Projects, Leaving States & Local Governments On The Hook For Hundreds of Millions of Dollars Without Full Federal Funding, Many of These Projects Likely Wouldn’t Have Been Completed – Cost To Local Governments Would Have Been Too Great Projects Include Higher Dunes, Stronger Beaches, Seawalls, Jetties, Raised Homes and More Along Over 100 Miles of Coasts
DEPARTMENT OF FINANCIAL SERVICES OFFERING INSURANCE ASSISTANCE IN MANHATTAN, STATEN ISLAND, BROOKLYN AND QUEENS
WASHINGTON, D.C. - March 11, 2013 - (RealEstateRama) -- Benjamin M. Lawsky, Superintendent of Financial Services, announced that representatives of the Department of Financial Services will be at locations in Manhattan, Staten Island, Brooklyn and Queens to help homeowners, renters and business owners with insurance-related issues stemming from damage caused by Storm Sandy
A.G. Schneiderman Announces Arrest Of A Nurse’s Aide Caught Secretly Photographing Nursing Home Resident
NEW YORK, NY - March 11, 2013 - (RealEstateRama) -- Attorney General Eric T. Schneiderman announced today the arrest of a 25-year-old Certified Nurse Aide from Centereach, New York, who shared a humiliating cell phone picture of a resident in his care at the Woodhaven Center of Care in Port Jefferson Station. David Rover is accused of surreptitiously taking a picture with his cell phone of the resident’s genital area covered with feces and texting that picture to a nurse aide student without the patient’s permission and for no legitimate purpose. Rover was charged with two felony counts and faces up to 1 and 1/3 to 4 years imprisonment if convicted.
Counselors of Real Estate® Chair to Speak at International Real Estate Conference
CHICAGO, IL - March 11, 2013 - (RealEstateRama) -- New York City real estate executive Howard C. Gelbtuch, CRE®, will address an audience of international real estate professionals Tuesday, March 12 at MIPIM, the world's largest real estate conference, held annually in Cannes, France
New York recovery from Hurricane Sandy
NEW YORK, NY - March 11, 2013 - (RealEstateRama) -- Disaster assistance to New York survivors of Hurricane Sandy. $2.8 billionin direct assistance to homeowners, renters, businesses and repair or replacement of public infrastructure
A.G. Schneiderman Announces Arrest Of Bronx Affordable Housing Contractor For Cheating Workers Out Of...
NEW YORK - March 6, 2013 - (RealEstateRama) -- Attorney General Eric T. Schneiderman today announced the arrest and arraignment of Mohammad T. Riaz, the owner of Applied Construction Inc., and two of his employees for failing to pay hundreds of thousands of dollars in wages to his workers. Hired to complete a restoration project in the Bronx financed and overseen by the New York City Department of Housing Preservation and Development (HPD), Riaz and his two employees on the project are charged with scheming to avoid prevailing wage laws by underpaying workers with cash payments, failing to provide supplemental benefits to workers and directing some workers to return portions of their wages. They face felony grand larceny charges and up to 15 years in prison
AND THE NOMINEES FOR REAL ESTATE’S MOST PRESTIGIOUS COMMERCIAL AWARDS ARE…
NEW YORK, NY - March 6, 2013 - (RealEstateRama) -- The Real Estate Board of New York has announced the submissions for the industry’s most coveted commercial honors, the Most Ingenious Deal of the Year Awards. The awards will be presented on April 23rd at the annual cocktail party of the Sales Brokers Committee at the 101 Club. Nineteen of 2012’s most creative deals -- completed by 37 top notch real estate dealmakers -- are competing for REBNY’s first, second and third place prizes.
A.G. Schneiderman: Hundreds Of Long Island Homeowners Helped By Our Assistance Programs
MINEOLA - March 6, 2013 - (RealEstateRama) -- At a news conference today in Nassau County, Attorney General Eric T. Schneiderman announced the results of two key programs aimed at providing New Yorkers the assistance they need to keep their homes. He was joined at the event by two homeowners who received assistance from the programs. Through the Attorney General’s Homeowner Protection Program (HOPP), a $60 million initiative to support housing counselors and legal services providers working with homeowners at risk of foreclosure across the State of New York, 688 at-risk homeowners on Long Island received foreclosure counseling and legal representation in the program’s first three months
GOVERNOR CUOMO ANNOUNCES REVIEW OF BANKS’ POST SANDY MORTGAGE PRACTICES
New York, NY - March 6, 2013 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced that the Department of Financial Services is initiating a review of practices by banks and mortgage servicers to determine whether homeowners hit hard by Superstorm Sandy and allowed to forgo mortgage payments are now being unfairly burdened by being required to make up all past payments in immediate lump sum repayments. The Department is asking banks to allow more time for homeowners to make back payments and checking if banks have delivered on their promise not to use late payments to start foreclosure proceedings or hurt homeowners’ credit ratings
Low-Income Renters Impacted by Hurricane Sandy in Greatest Need of Assistance Suggests New Reports...
NEW YORK, NY - March 6, 2013 - (RealEstateRama) -- Low-income renters of New York and New Jersey are in greatest need of Federal Emergency Management Assistance (FEMA), according to two new reports released today by Enterprise Community Partners, Inc. (Enterprise), the nation’s leading provider of affordable housing and community development capital and expertise, and New York University’s Furman Center for Real Estate & Urban Policy. The reports indicate that with low-income households disproportionately impacted by the storm and in need of FEMA assistance, the ongoing recovery and rebuilding efforts must allocate resources to meet the needs of people who have limited resources to rebuild their lives
Governor Cuomo Announces Review of Banks’ Post Sandy Mortgage Practices
Albany, NY - March 6, 2013 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced that the Department of Financial Services is initiating a review of practices by banks and mortgage servicers to determine whether homeowners hit hard by Superstorm Sandy and allowed to forgo mortgage payments are now being unfairly burdened by being required to make up all past payments in immediate lump sum repayments. The Department is asking banks to allow more time for homeowners to make back payments and checking if banks have delivered on their promise not to use late payments to start foreclosure proceedings or hurt homeowners’ credit ratings
State Board of Real Property Tax Services Will Meet February 19
New York, NY - March 6, 2013 - (RealEstateRama) -- The State Board of Real Property Tax Services will meet at 10:30 a.m. Tuesday, February 19th, 2013. 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.
Bellone: “From Amityville to Amagansett, Suffolk County Making Progress on Housing”
Hauppauge, NY - March 6, 2013 - (RealEstateRama) -- County Executive Steven Bellone today released a progress update on county housing initiatives that he credits with providing a diverse mix of affordable rentals for veterans, seniors, and young families, creating homeownership opportunities for hundreds of first time homebuyers, and contributing to neighborhood stabilization and the renaissance of Suffolk County’s historic downtown
SCHUMER ANNOUNCES FEDERAL FUNDS WILL BE USED TO REBUILD VITAL PROTECTION ALONG STATEN ISLAND...
New York, NY - March 4, 2013 - (RealEstateRama) -- U.S. Senator Charles E. Schumer today announced that the U.S. Army Corps of Engineers will begin working with the New York City Department of Parks and Recreation on short-term protective measures along the the East and South Shores of Staten Island. In February, Schumer called on the Federal Emergency Management Agency (FEMA) to formally assign the Army Corps to prioritize storm protection beaches along Staten Island’s shoreline after they were devastated by Superstorm Sandy.
SCHUMER: WITH INITIAL FEMA AND INSURANCE PAYMENTS TO HOMEOWNERS RUNNING OUT, THOUSANDS OF SANDY...
New York, NY - March 4, 2013 - (RealEstateRama) -- U.S. Senator Charles E. Schumer today called on banks to extend the mortgage payment delay period, also known as a forbearance period, for homeowners who are still feeling the effects of Sandy. After Sandy, many banks issued 3 - 6 month mortgage payment holidays – meaning homeowners would not be penalized for missing payments - which have now expired or are about to expire. In addition to forbearance expiration, many banks are requiring homeowners to repay the missed months in one unaffordable lump sum payment.
Senate Republicans Unveil Family Tax Relief Act
News York, NY - March 4, 2013 - (RealEstateRama) -- Senate Republican Leader Dean Skelos and members of the Senate Republican Conference today unveiled the Family Tax Relief Act, a package of tax relief and reform measures designed to provide a major economic boost to New York’s struggling middle class families.
A.G. Schneiderman Announces Contractor Will Pay Nearly $1 Million To Laborers Underpaid For Work...
NEW YORK, NY - March 4, 2013 - (RealEstateRama) -- Attorney General Eric T. Schneiderman today announced the resolution of an investigation into the labor practices of public-works contractor Procida Construction Corp. based on its own underpayments and underpayments by a subcontractorof dozens of workers during the construction of two affordable housing projects for seniors in Brooklyn. The Attorney General’s agreement requires Procida to pay back wages totaling $830,000 based on violations by the corporation’s subcontractor, which paid below the mandated prevailing wage rate at the Riverway project in Brownsville.
Governor Cuomo Announces $6.4 Million in Funding to Help Farmers Reduce Costs Through Energy...
New York, NY - March 4, 2013 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced $6.4 million in funding to help farmers reduce energy costs, protect the environment, and remain economically viable. This new funding expands a successful program launched in 2011, which has already assisted 170 farms in securing annual energy savings of $850,000 and reducing power usage by 6,800 megawatt hours
Rep. Grimm to Mortgage Entities: Don’t Force Sandy Victims into Default
STATEN ISLAND, NY - March 4, 2013 - (RealEstateRama) -- Today, Rep. Michael G. Grimm (R-Staten Island/Brooklyn) joined Staten Island homeowners impacted by Superstorm Sandy in calling on federal home mortgage entities to help them keep their homes and avoid default. Homeowners impacted by Superstorm Sandy were permitted to defer mortgage payments for 90-days, which was then extended to 180-days. Deferred payments must be paid back in one lump sum. Rep. Grimm sent a letter to mortgage entities yesterday asking that the lump sum be spread out over the life of the mortgage to ease the financial burden on homeowners
Governor Cuomo Announces Progress in Beach Restoration Program
Albany, NY - March 4, 2013 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced that an expedited effort to restore beaches damaged by Superstorm Sandy and protect properties from future storms will begin with issuing bids in March for restoration work that is expected to commence in April on Staten Island. The restoration work will extend to other coastal areas in metro New York City region and Long Island.
Governor Cuomo Announces DFS Program for Banks to Meet One-on-One With Homeowners Seeking Sandy...
Albany, NY - February 28, 2013 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced that five of New York’s largest banks and mortgage servicers will have representatives available to offer one-on-one help to homeowners seeking the release of Superstorm Sandy insurance settlement funds at the Department of Financial Services’ Disaster Assistance Centers from Monday, March 4 through Saturday, March 9.
A.G. Schneiderman Announces Arrest Of Rochester Nurse’s Aide Caught On Camera Assaulting An 83-year-old...
ROCHESTER - February 28, 2013 - (RealEstateRama) -- Attorney General Eric T. Schneiderman announced today the arrest of Groven Glenn, a certified nurse aide, for assaulting an 83-year-old female resident at Park Ridge Living Center nursing home in the Town of Greece. Glenn was charged with one felony count of Endangering the Welfare of a Vulnerable Elderly Person or an Incompetent or Physically Disabled Person in the Second Degree and related misdemeanors after a surveillance video captured him viciously throwing a chicken bone at the resident and slamming her wheelchair into the door of her room.