New York RealEstateRama
New York Fed Streamlines External Investment Managers for Agency MBS Purchase Program
New York, NY - August 17, 2009 - (RealEstateRama) -- The Federal Reserve Bank of New York today announced that it has streamlined the set of external investment managers for the agency mortgage backed securities purchase program, reducing the number of investment managers from four to two.
New York State Approves $113.4 Million in Financing to Build and Renovate 1,481 Units...
NEW YORK, NY - August 13, 2009 - (RealEstateRama) -- The boards of the New York State Housing Finance Agency (HFA) and the New York State Affordable Housing Corporation (AHC) today approved $113.4 million in financing to build and renovate 1,481 units of affordable housing.
NYS Housing Finance Agency and the NYS Affordable Housing Corporation Approve $43.9 Million in...
NEW YORK, NY - August 13, 2009 - (RealEstateRama) -- The boards of the New York State Housing Finance Agency (HFA) and the New York State Affordable Housing Corporation (AHC) today approved nearly $43.9 million in financing to build and renovate 640 units of affordable housing in New York City.
NYS Housing Finance Agency and NYS Affordable Housing Corporation Approve $54.6 Million to Finance...
NEW YORK, NY - August 13, 2009 - (RealEstateRama) -- The boards of the New York State Housing Finance Agency (HFA) and the New York State Affordable Housing Corporation (AHC) today approved nearly $54.6 million in financing to build and renovate 531 affordable housing units in the greater Rochester area.
NYS Affordable Housing Corporation Approves $900,000 in Grants to Renovate 132 Homes in Southern...
NEW YORK, NY - August 13, 2009 - (RealEstateRama) -- The board of the New York State Affordable Housing Corporation (AHC) today approved two grants totaling $900,000 to renovate 132 homes in the Southern Tier and nearby counties.
NYS Affordable Housing Corporation Approves $120,000 Grant in Nyack to Build Three Affordable Homes
NEW YORK, NY - August 1, 2009 - (RealEstateRama) -- The board of the New York State Affordable Housing Corporation (AHC) today approved a $120,000 grant to the Rural Housing Action Coalition, Inc. (RHAC) to build three homes in the Village of Nyack in Rockland County.
NYS Affordable Housing Corporation Approves $300,000 Grant to Renovate 50 Homes in Onondaga County
NEW YORK, NY - August 1, 2009 - (RealEstateRama) -- The board of the New York State Affordable Housing Corporation (AHC) today approved a $300,000 grant to the Onondaga County Community Development Division (OCCD) to renovate 50 homes in the county.
NYS Affordable Housing Corporation Approves $520,000 in Grants to Renovate 50 Homes in Chautauqua...
NEW YORK, NY - August 13, 2009 - (RealEstateRama) -- The board of the New York State Affordable Housing Corporation (AHC) today approved $520,000 in grants to two nonprofit organizations in Chautauqua County to finance renovations of 50 homes.
NYS Affordable Housing Corporation Approves $800,000 in Grants to Repair 40 Affordable Homes in...
NEW YORK, NY - August 13, 2009 - (RealEstateRama) -- The board of the New York State Affordable Housing Corporation (AHC) today approved $800,000 in grants to renovate 40 affordable homes in the Hudson Valley.
NYS Housing Finance Agency and Affordable Housing Corporation Approve $12.65 Million in Financing to...
NEW YORK, NY - August 13, 2009 - (RealEstateRama) -- The boards of the New York State Housing Finance Agency (HFA) and the New York State Affordable Housing Corporation (AHC) today approved $12.65 million in financing to renovate 141 units of affordable housing in Oneida County.
NYS Affordable Housing Corporation Approves $247,000 Grant to Renovate 22 Homes in Buffalo
NEW YORK, NY - August 13, 2009 - (RealEstateRama) -- The board of the New York State Affordable Housing Corporation (AHC) today approved a $247,250 grant to the University Heights Community Development Association, Inc. (UHCDA) to finance improvements for 22 homes in the City of Buffalo.
Cuomo Announces Lawsuit Against “Amerimod” Loan Modification Company To Protect Distressed Homeowners Facing Foreclosure
NEW YORK, NY - August 13, 2009 - (RealEstateRama) -- Attorney General Andrew M. Cuomo today announced that his office has filed a lawsuit against New York-based American Modification Agency, Inc. (“Amerimod”), one of the largest foreclosure rescue companies in the country, and its owner Salvatore Pane, Jr. for engaging in a wide variety of deceptive business practices and false advertising to induce beleaguered homeowners on the brink of foreclosure to sign up for their services.
Long Island Home Prices Stable Prices Returning to Pre-Boom Levels
West Babylon, NY - August 13, 2009 - (RealEstateRama) -- The Multiple Listing Service of Long Island, Inc., (MLSLI) released July’s 2009 home figures reporting a $375,000 closed median home price for Long Island.
Suffolk’s Second Stand Up for the Homeless Another Sizable Success
Patchogue , NY - August 10, 2009 - (RealEstateRama) -- Taking another major step in his quest to end homelessness countywide in the next 10 years, County Executive Steve Levy hosted his second Stand Up for the Homeless on Wednesday, August 5, and was able to provided goods and services to over 550 of Suffolk’s neediest.
Rep. Engel Announces Over $3.27 Million HUD Grants For Rockland County
Washington, D.C. - August 10, 2009 - (RealEstateRama) -- Congressman Eliot Engel announced that Rockland County was awarded three housing grants totaling $3,273,306 from the U.S. Department of Housing and Urban Development (HUD).
Governor Paterson Announces Federal Income Tax Credit For First-Time Home Buyers
Albany, NY - August 10, 2009 - (RealEstateRama) -- Governor David A. Paterson today announced that New York will offer a federal income tax credit to first-time homebuyers to encourage home sales in the State. The New York State Mortgage Credit Certificate (MCC) will enable first-time homebuyers to claim a tax credit equal to 20% of their annual mortgage interest costs, potentially saving the average homebuyer about $1,500 each year.
Hinchey Announces New $5 Million Dollar Federal Investment to Further Establish Binghamton University as...
Vestal, NY - August 10, 2009 - (RealEstateRama) -- Congressman Maurice Hinchey (D-NY) today visited Binghamton University to announce that he's secured a new $5 million federal investment to further establish the school as a leader in solar energy research and development.
Mayor Bloomberg and NYCHA Chairman Rhea Unveil New Housing Authority Energy Efficiency Program to...
New York, NY - August 5, 2009 - (RealEstateRama) -- Mayor Michael R. Bloomberg and New York City Housing Authority (NYCHA) Chairman John B. Rhea today unveiled NYCHA's new energy efficiency demonstration project at the Castle Hill Houses in the Bronx. By 2011, it will lower energy usage by 2.25 million kilowatt hours of electricity a year, reduce carbon emissions by more than 4,900 tons annually, and save $1.2 million a year.
Candlewood Suites Introduces New York City’s First Midscale Extended-Stay Hotel
New-build hotel near Times Square is the first of its kind in Manhattan, providing guests with an "apartment experience" at an attractive price in a prime location. ATLANTA, GA - August 5, 2009 - (RealEstateRama) -- Start spreading the news - Candlewood Suites has arrived in New York City. As the city's first midscale extended-stay hotel, the Candlewood Suites is bringing a full-scale apartment experience at a midscale hotel price to business and leisure travelers at a prime location just one block from Times Square.
Schumer Secures Key Senate Subcommittee Approval For $1 Million For “Home For Heroes” Veteran...
Washington, DC - July 30, 2009 - (RealEstateRama) -- Today, U.S. Senator Charles E. Schumer announced that the Department of Transportation and Housing, and Urban Development (THUD) Appropriations Subcommittee has approved $1 million to the Rockland Housing Action Coalition for the purpose of building and operating permanent, supportive housing for disabled veterans and their families at Camp Shanks.
Rep. Tonko Secures Investments In Local Infrastructure, Housing Projects
WASHINGTON, D.C. - July 23, 2009 - (RealEstateRama) -- Rep. Paul Tonko (NY-21) joined the House of Representatives Thursday in approving the Department of Transportation, and Housing and Urban Development Appropriations Act, 2010, which builds on the Recovery Act to make smart investments that will provide short-term help in the form of housing and jobs to those hurt most by the economic downturn, and long-term solutions like highway and public transit improvements to put our economy on sound footing for the future.
New York Total Foreclosure Activity Increased in Second Quarter; Down Overall from Previous Year
New York, NY - July 27, 2009 - (RealEstateRama) -- The New York State Banking Department and RealtyTrac® released New York county-level foreclosure statistics for the second quarter ending June 30, 2009. According to RealtyTrac there were foreclosure filings on 13,664 properties in New York during the second quarter, representing a 15 percent decrease compared to the second quarter of last year and a 24 percent increase over the previous quarter.
“Green” Forum Highlights 545 Madison Avenue as Showcase of Sustainability
NEW YORK, NY - July 14, 2009 - (RealEstateRama) -- 545 Madison Avenue, a 17-story, class-A building in the Plaza District that stands as one of New York City's “greenest” new office towers, was highlighted as a model of sustainability at a recent “Retrofitting Commercial Buildings to be Green” conference sponsored by the Urban Land Institute in Washington, D.C.
Mayor Bloomberg, Governor Paterson, Speaker Silver, Eli Lilly and Company and Alexandria Real Estate...
New York, NY - July 22, 2009 - (RealEstateRama) -- Mayor Michael R. Bloomberg, Governor David A. Paterson, Assembly Speaker Sheldon Silver, Eli Lilly and Company CEO Dr. John C. Lechleiter and Alexandria Real Estate Equities CEO Joel S. Marcus today announced ImClone will locate its research headquarters at New York City’s new Alexandria Center for Science and Technology at the East River Science Park.
Global Biopharmaceutical Company is First Signed Tenant of New York City’s New State-of-the-Art Commercial...
New York, NY - July 22, 2009 - (RealEstateRama) -- Mayor Michael R. Bloomberg, Governor David A. Paterson, Assembly Speaker Sheldon Silver, Eli Lilly and Company CEO Dr. John C. Lechleiter and Alexandria Real Estate Equities CEO Joel S. Marcus today announced ImClone will locate its research headquarters at New York City’s new Alexandria Center for Science and Technology at the East River Science Park.