New York RealEstateRama

YONKERS, NY - September 7, 2012 - (RealEstateRama) -- Yonkers Mayor Mike Spano announced today that City taxpayers no longer will continue to subsidize free trash collection for local commercial properties in downtown Yonkers, saving taxpayers $300,000 per year. Starting November 15, the City of Yonkers will discontinue trash removal services for commercial businesses located within the Yonkers Downtown/Waterfront Business Improvement District (BID).

New York, NY - August 28, 2012 - (RealEstateRama) -- In advance of a New York State Homes and Community Renewal (HCR) hearing on revisions to the Rent Stabilization Code, tenants, community leaders and elected officials banded together to call the proposed changes inadequate. Tenants and elected leaders demanded tough new enforcement rules, and called on Governor Cuomo to champion these efforts for stronger tenant protections.

New York, NY - August 27, 2012 - (RealEstateRama) -- Tomorrow morning, dozens of tenants, community leaders and elected officials will join together and call on Governor Cuomo to issue new rules for rent law enforcement. For over a year, a crucial portion of the 2011 rent laws has been ignored: a promise to revise the Rent Stabilization code and add new rules and regulations. These news rules could increase New York State Homes and Community Renewal's power to prevent landlord fraud, unsanctioned rent increases, and illegal evictions

New York, NY - August 27, 2012 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced that the state has secured an agreement to acquire the final piece of property needed to advance the U.S. Peace Bridge Plaza enhancement project, breaking through years of paralysis that has impeded the new plaza's progress. Lieutenant Governor Robert J. Duffy held a press conference with local officials today in Buffalo to mark this major milestone in the development of the Peace Bridge Plaza.

New York, NY - August 24, 2012 - (RealEstateRama) -- In 2009, the United States Congress passed the American Recovery and Reinvestment Act (ARRA), providing $5 billion nationally for the Weatherization Assistance Program (WAP), and HCR received approximately $396 million. Our WAP sub-grantees put this funding to work-making more than 70,000 homes of low-income people safe, affordable, and energy efficient-far exceeding our original goal of 45,000 housing units.

Hauppauge, NY - August 23, 2012 - (RealEstateRama) -- The Department of Health Services, said today that the beach closure issued for Bay Hills Property Owners Association Beach in Huntington Bay has been lifted, as results of recent samples collected show the water quality to be within acceptable levels.

NEW YORK, NY - August 23, 2012 - (RealEstateRama) -- The Federal Reserve Bank of New York will release its Q2 2012 Quarterly Report on Household Debt and Credit Wednesday, August 29. The report will be available under embargo at 10 a.m. EDT for release an hour later.

New York, NY - August 23, 2012 - (RealEstateRama) -- Preet Bharara, the United States Attorney for the Southern District of New York, announced today that Frederick Warren and Denise Parks, two loan officers, were sentenced in Manhattan federal court for their roles in a $9 million mortgage fraud scheme in which 12 people were originally charged and 11 have pled guilty. Warren was sentenced to 51 months in prison and ordered to forfeit $1,993,000 after pleading guilty on April 11, 2012, to one count of conspiracy to commit wire fraud and bank fraud and one count of wire fraud. Parks was sentenced to time served and ordered to forfeit $2,554,000 after pleading guilty on April 19, 2012, to one count of conspiracy to commit wire fraud and bank fraud. U.S. District Judge Naomi R. Buchwald imposed both of today’s sentences.

Yonkers, NY - August 22, 2012 - (RealEstateRama) -- The Yonkers Industrial Development Agency (YIDA) today gave initial approvals for a $22 million redevelopment of five properties in downtown Yonkers into lofts, retail and restaurant space.

August 21, 2012 - (RealEstateRama) -- A beach closure was issued today for Southold Town Beach in Southold and Bay Hill Property Owners Association Beach in Huntington due to elevated bacterial numbers. West Meadow Beach in Stony Brook and Tanner Park Beach in Copiague are reopened, as results of recent samples collected show the water quality to be within acceptable levels.

Albany, NY - August 20, 2012 - (RealEstateRama) -- Governor Andrew M. Cuomo today signed a series of bills as part of the NY-Sun initiative that will make solar energy more affordable for homeowners and businesses as well as create new jobs in the state’s growing solar energy sector.

New York, NY - August 10, 2012 - (RealEstateRama) -- Cyclists swamped Park Avenue South today in the family-friendly Ride for the American Dream protest of a “race to the bottom” at some luxury residential buildings developed by TF Cornerstone

YONKERS, NY - August 10, 2012 - (RealEstateRama) -- Yonkers Mayor Mike Spano is calling upon volunteers in Yonkers and the Westchester County area to assist seniors with foreclosure prevention. Yonkers Office for the Aging and Westchester Residential Opportunities (WRO) will host an informational session for volunteers Tuesday, August 21 from 2pm to 3:30pm at the Chema Center at 430 Riverdale Avenue in Yonkers to discuss the foreclosure prevention outreach.

NEW YORK, N.Y. - August 9, 2012 - (RealEstateRama) -- City Comptroller John C. Liu announced today that over the past fiscal year, his office recovered $1,978,370 from the insurance companies of individuals who damaged or destroyed City government property. The amount is the highest ever recovered for damage claims by the City Comptroller’s office, and marks a 34% increase over last year’s total, the prior record.

Patchogue, NY - August 8, 2012 - (RealEstateRama) -- Congressman Tim Bishop is leading the effort in Congress to protect the tax deductions for mortgage interest and charitable contributions from being reduced or eliminated next year. Last week, Bishop offered an amendment to preserve the deductions in a tax reform package to be considered under expedited procedures in the House in 2013; however, Bishop's amendment was defeated on a party-line vote

WASHINGTON, DC - August 7, 2012 - (RealEstateRama) -- Senator Charles Schumer (D-NY), Rep. Carolyn Maloney (D-NY), and Senator Kirsten Gillibrand (D-NY) along with Reps. Patrick McHenry (R-NC), Jerrold Nadler (D-NY), and Michael Grimm (R-NY) have introduced the “Interstate Land Sales Disclosure Act Update of 2012” (S. 3499/H.R. 6337) to allow condominium developers and their lenders some certainty as the economy continues to recover

New York, NY - August 3, 2012 - (RealEstateRama) -- Nassau County Executive Edward P. Mangano and the Nassau County Industrial Development Agency today announced the approval of an economic development compact for a proposed $93 million complex in downtown Mineola that will provide much needed housing for working young professionals and affordable housing for seniors.

New York, NY - August 3, 2012 - (RealEstateRama) -- The following statement on the City’s comprehensive study of New York City buildings can be attributed to Mike Fishman, President of 32BJ, one of the largest building service workers union in the country:

Sparrowbush, NY - August 3, 2012 - (RealEstateRama) -- U.S. Senators Charles E. Schumer and Kirsten Gillibrand announced that $326,250 in federal funding was awarded to the New York State Department of Transportation to allow Orange County to purchase and redevelop vacant waterfront property along the Delaware River. Specifically, the funding will allow Orange County to acquire and preserve over 17 acres of vacant Delaware River waterfront property in Sparrowbush, NY.

New York, NY - August 2, 2012 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced another major milestone in the project for building a new bridge to replace the Tappan Zee with the release of the Final Environmental Impact Statement (FEIS), a document compiled by agencies on all levels of government with comprehensive responses to thousands of comments from the public.

NEW YORK, NY - July 26, 2012 - (RealEstateRama) -- City Comptroller John C. Liu today called on the New York City Housing Authority (NYCHA) to accept responsibility for placing New Yorkers in danger, operating in a fiscally irresponsible manner, governing behind closed doors, and wasting millions in tax dollars on an expensive consultant report that has yet to be publicly released.

New York, NY - July 23, 2012 - (RealEstateRama) -- “Even in the depths of the national recession, our City never stopped investing in our future. From creating new parks and pools to renovating old bridges and schools, we did not walk away from investments that are critical to the long-term health of the city. And now, we’re beginning to see more of those investments pay off. Last week, we reached two major milestones in our efforts to revitalize our waterfront, expand our transit system, and build unprecedented amounts of affordable housing.

New York, NY - July 20, 2012 - (RealEstateRama) -- Black and Latino mortgage borrowers in New York City are far less likely to obtain conventional mortgage loans than white New Yorkers, according to a report released today by NEDAP and six partner organizations across the U.S

New York, NY - July 13, 2012 - (RealEstateRama) -- Nassau County Executive Edward P. Mangano today announced the completion of a major initiative to install energy efficient Light-Emitting Diode (LED) traffic signals at more than 1,300 intersections throughout Nassau County. The project, funded by a grant by the New York Power Authority (NYPA), will save an estimated $1.1 million annually for taxpayers.

Albany, NY - July 11, 2012 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced that the Department of Financial Services, in partnership with...