New York RealEstateRama

Albany, NY - January 28, 2013 - (RealEstateRama) -- Governor Andrew M. Cuomo and the Richardson Center Corporation (RCC) today announced the first phase of redevelopment of the Richardson Olmsted Complex, a National Historic Landmark in Buffalo. The state support for the redevelopment of the 19th century complex will leverage private investment and create over 500 construction jobs and up to 90 permanent full-time jobs

Albany, NY - January 25, 2013 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced that Volunteers of America-Greater NY and the Housing Collaborative have broken ground on Creston Avenue Residence, located at 2382-2388 Creston Avenue in the Fordham section of the Bronx, the first supportive housing development under the state’s Medicaid Redesign Team (MRT) Housing Capital Program.

WASHINGTON, DC - January 25, 2013 - (RealEstateRama) -- Today, Rep. Carolyn Maloney (D-12-NY) welcomed President Obama’s re-nomination of Richard Cordray to lead the Consumer Financial Protection Bureau (CFPB) and issued the following statement

Albany, NY - January 25, 2013 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced that the Federal Emergency Management Agency (FEMA), at the request of the State of New York, has approved a 14-day extension to the Transitional Sheltering Assistance (TSA) program and a 30-day extension for the Individual Assistance (IA) program. This action will allow eligible survivors from Hurricane Sandy who cannot return to their homes to stay in participating hotels or motels and enable eligible individuals the ability to receive federal assistance for repairing their damaged properties.

Washington DC - January 23, 2013 - (RealEstateRama) -- Bozzuto Homes, a division of The Bozzuto Group, a Greenbelt, MD-based real estate services company, announced details of a new 63-unit condominium development located at 460 New York Avenue NW in the revitalized Mount Vernon Triangle neighborhood. Located at the corner of L Street and New York Avenue NW, the new 11-story development is an adaptive re-use of an existing 1929 building on a key prominent site; one of the last available in the Mount Vernon Triangle area.

New York, NY - January 23, 2012 - (RealEstateRama) -- Mayor Michael R. Bloomberg, Deputy Mayor for Economic Development Robert K. Steel and Department of Housing Preservation and Development Commissioner Mathew M. Wambua announced today that the winner of the adAPT NYC Competition is a development team composed of Monadnock Development LLC, Actors Fund Housing Development Corporation, and nARCHITECTS. The development team was chosen through a competitive Request for Proposals to design, construct and operate the city’s first micro-unit apartment building on a City-owned site at 335 East 27th Street in Manhattan.

New York, NY - January 22, 2012 - (RealEstateRama) -- Mayor Michael R. Bloomberg, Deputy Mayor for Economic Development Robert K. Steel and Department of Housing Preservation and Development Commissioner Mathew M. Wambua announced today that the winner of the adAPT NYC Competition is a development team composed of Monadnock Development LLC, Actors Fund Housing Development Corporation, and nARCHITECTS. The development team was chosen through a competitive Request for Proposals to design, construct and operate the city’s first micro-unit apartment building on a City-owned site at 335 East 27th Street in Manhattan.

New York, NY - January 18, 2012 - (RealEstateRama) -- Nassau County Executive Edward P. Mangano reminds residents today that the deadline for filing applications for the Sheltering and Temporary Essential Power (STEP) program is Friday, January 18, 2013. The program provides emergency assistance with restoring temporary electricity, heat and hot water to homes which can shelter homeowners while permanent repair work continues.

POUGHKEEPSIE - January 16, 2012 - (RealEstateRama) -- Attorney General Eric T. Schneiderman today announced the results of the 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. Attorney General Schneiderman reported that in just the first three months of the program, 731 at-risk homeowners in the Hudson Valley have received assistance, and roughly 3,600 have been served throughout New York State

New York, NY - January 16, 2012 - (RealEstateRama) -- With a growing need for affordable housing, Nassau County Executive Edward P. Mangano announced a program that enables the county’s partners in the Neighborhood Stabilization Program to rehabilitate foreclosed houses with Federal funds for purchase by first-time home buyers.

New York, NY - January 16, 2012 - (RealEstateRama) -- Brooklyn-based real estate developer Schelton Assoumou was arrested today on charges of bank fraud and wire fraud for his participation in a multi-year mortgage fraud scheme. The defendant’s initial appearance is scheduled this afternoon before United States Magistrate Judge Robert M. Levy at the U.S. Courthouse, 225 Cadman Plaza East, Brooklyn, New York

New York, NY - January 15, 2012 - (RealEstateRama) -- U.S. Senator Charles E. Schumer today called on the Federal Emergency Management Agency (FEMA) to expeditiously release the new Advisory Base Flood Elevation (ABFE) maps for homeowners impacted by Superstorm Sandy and waiting to rebuild. Thousands and thousands of homes across New York City were significantly damaged after the storm and many homeowners are in desperate need of updated elevation requirements before they raise homes or rebuild new ones.

NEW YORK, NY - January 15, 2012 - (RealEstateRama) -- Two-thirds of New York City residents live in homes that are owned and maintained by others. Yet the city’s system for tracking who owns those rental properties—a crucial resource in times of crisis, like Hurricane Sandy—is falling short. A new report by NYU’s Furman Center for Real Estate and Urban Policy finds that the vast majority of landlords required to register with the city fail to do so.

New York, NY - January 15, 2012 - (RealEstateRama) -- If you see ice build-up and icicles hanging from the eaves of your home, you may have an ice dam, a major cause of roof leaks and energy loss in winter. Take steps now to prevent ice dams, recommends the New York State Energy Research and Development Authority (NYSERDA).

New York, NY - January 14, 2012 - (RealEstateRama) -- In the wake of the devastating and unprecedented damage caused by Superstorm Sandy, Assembly Speaker Sheldon Silver (D-Manhattan) today announced a bill (A-2287)) to create the Homeowners Bill of Rights to protect hard hit families from unscrupulous actions by insurance companies. He also announced a second bill (A-1092), sponsored by Assemblyman James Skoufis (D-Woodbury), requiring insurance companies to promptly process claims resulting from storm damage.

New York, NY - January 10, 2012 - (RealEstateRama) -- New York City residential and commercial real estate brokers’ confidence levels hit their second highest ratings in December 2012 of the last seven months, according to the inaugural release of the Real Estate Board of New York’s (REBNY’s) Broker Confidence Index.

New Yorker, NY - January 10, 2012 - (RealEstateRama) -- Making Room: New Models for Housing New Yorkers, organized by the Museum of the City of New York in conjunction with Citizens Housing & Planning Council (CHPC), offers insights into how New York City’s changing social, economic, and cultural lives, especially the rise of single adults, are re-shaping urban households, and how design can help re-shape the city’s housing stock for New Yorkers at all phases of their lives.

ALBANY, NY - January 10, 2012 - (RealEstateRama) -- The President of 32BJ SEIU, the state’s largest private-sector union, said today that Governor Cuomo deserves credit for announcing his support for many important initiatives in his State-of-the-State speech, particularly the need for an increase in the minimum wage, and for campaign finance reform and greater regulation of public utilities. But 32BJ President Héctor Figueroa also urged the Governor to add the New York State DREAM Act to his list of priorities.

January 09, 2012 - (RealEstateRama) -- With the demolition of four vacant deteriorated houses completed and financing in place, construction is set to begin on the Village Lofts project - a rental housing project that will create 29 affordable and moderately priced units in the Town of Hempstead

Albany, NY - January 09, 2012 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced that GLOBALFOUNDRIES, a global leader in the semiconductor manufacturing industry, will build a new multi-billion dollar research and development facility at its Fab 8 Campus in Saratoga County. The Technology Development Center (TDC) is expected to result in at least 500 new, high-paying jobs at the TDC, as well as 500 additional jobs at the GF Fab and administration buildings.

New York, NY - January 03, 2012 - (RealEstateRama) -- The failure of Congress to act on the federal assistance legislation to help the millions of people impacted by Hurricane Sandy is absolutely unconscionable.

New York, NY - December 18, 2012 - (RealEstateRama) -- While New York City rents have rebounded in the past couple of years, renting still appears to offer a better financial value than buying in the Manhattan housing market, according to a recent study by the Federal Reserve Bank of New York

Washington, D.C. - December 17, 2012 - (RealEstateRama) -- U.S. Senator Kirsten Gillibrand and Congresswoman Kathy Hochul today announced Senate passage of the Clothe a Homeless Hero Act, legislation that directs the Transportation Security Administration (TSA) to work with the Department of Veterans Affairs (VA) and local charities to send clothing that is left unclaimed at airport security checkpoints to homeless veterans and their families.

Albany, NY - December 12, 2012 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced that major banks and mortgage servicers will take action to expedite insurance payments to New York homeowners. Currently, insurance claim checks must be endorsed by the banks or mortgage servicers before homeowners can cash them, causing frustrating delays at a time when the money is needed for home repairs or for living expenses. These new actions will enable the insurance companies to get the money to homeowners faster

December 12, 2012 - (RealEstateRama) -- I am honored that the members of our Senate Republican Conference have voted unanimously today to reelect me as their leader. I appreciate their support and confidence, and look forward to being a strong voice for their priorities.