New York RealEstateRama

Hauppauge , NY - July 6, 2009 - (RealEstateRama) -- Following up on the success of last year’s event – in which over 500 homeless individuals were connected with vital human services in one location on one day -- Suffolk County Executive Steve Levy announced that the second annual “Stand Up for the Homeless” will be held August 5 at St. Joseph’s College in Patchogue.

New York, NY - July 1, 2009 - (RealEstateRama) — The Federal Reserve Bank of New York today released Below the Line: Estimates of Negative Equity among Nonprime Mortgage Borrowers, a new forthcoming article in the Bank’s Economic Policy Review series.

Syracuse, NY - July 2, 2009 - (RealEstateRama) — The New York State Energy Research and Development Authority (NYSERDA) today announced an award of $1.5 million to the Center for Clean Tech Entrepreneurship at the Tech Garden to establish a clean energy business incubator program that will provide business support to accelerate the successful development of early-stage, clean energy technology companies in Central Upstate New York.

UNIONDALE, NY - June 29, 2009 - (RealEstateRama) - Joined by Nassau County Executive Tom Suozzi, Hempstead Supervisor Kate Murray, and Islanders owner Charles Wang, U.S. Senator Charles E. Schumer today announced his support for the Lighthouse redevelopment project and said that he will push to secure federal transportation funding to upgrade and expand the transportation infrastructure essential for the project's success.

New York, NY - June 24, 2009 - (RealEstateRama) - Commissioner Deborah VanAmerongen of the NYS Division of Housing and Community Renewal (DHCR), Priscilla Almodovar, President and Chief Executive Officer of NYS Housing Finance Agency (HFA), Michael Newman, Director, Bureau of Housing Development, OMH, Gloribel M. Cruz, Vice President, Affordable Housing Finance, HSBC Bank USA, N.A., Bill Traylor, President, Richman Housing Resources, LLC and Diane Louard-Michel, Director, NY Program, Corporation for Supportive Housing (CSH), joined Community Access and its partner, Alembic Development Company to break ground on a $37 million project that will create 105 units of affordable housing on Cedar Avenue, in the Morris Heights section of the Bronx.

Washington, DC - June 22, 2009 - (RealEstateRama) – Today, U.S. Senator Charles E. Schumer and Kings County District Attorney Charles J. Hynes announced that the Kings County Mortgage Fraud and Real Estate Crimes Unit has led to the indictment of eight individuals and the opening of more than 80 cases.

Columbia, MD - June 17, 2009 - (RealEstateRama) - Enterprise Community Partners, Inc. commends Governor David A. Paterson for appointing and the New York State Senate for confirming on June 3, 2009 Naomi Bayer to the Board of Directors of the State of New York Mortgage Agency (SONYMA).

WASHINGTON, DC - June 17, 2009 - (RealEstateRama) - U.S. Senator Charles E. Schumer today revealed that current tax rules are costing the approximately 800,000 Upstate New York homeowners who do not itemize their taxes up to $415 million per year or more.

Albany, NY - June 17, 2009 - (RealEstateRama) - State Office of Temporary and Disability Assistance (OTDA) Commissioner David A. Hansell recently announced $80 million in funding for housing programming for residents of New York State at the Supportive Housing Network of NY’s 9th Annual New York State Supporting Housing Conference in New York City.

WASHINGTON, DC - June 16, 2009 - (RealEstateRama) – Rep. Carolyn B. Maloney (D-NY) hailed House passage of H.R.1647, which provides the nonprofit subsidiary of the National Cooperative Bank, NCB Capital Impact, with the designation as a Community Development Financial Institution.

New York, NY - June 16, 2009 - (RealEstateRama) — The Federal Reserve created the Term Asset-Backed Securities Loan Facility (TALF), to help market participants meet the credit needs of households and small businesses by supporting the issuance of asset-backed securities (ABS) collateralized by auto loans, student loans, credit card loans, equipment loans, floorplan loans, insurance premium finance loans, loans guaranteed by the Small Business Administration, residential mortgage servicing advances, or commercial mortgage loans.

Smithtown, NY - June 16, 2009 - (RealEstateRama) — New York State Office of General Services (OGS) Commissioner John C. Egan, New York State Energy Research and Development Authority (NYSERDA) President and Chief Executive Officer Francis J. Murray Jr., New York Power Authority (NYPA) President and Chief Executive Officer Richard M. Kessel, Long Island Power Authority (LIPA) President and Chief Executive Officer Kevin S. Law, and State Senator John Flanagan recently unveiled a new 200-kilowatt fuel cell.

ALBANY, NY - June 15, 2009 - (RealEstateRama) — The New York State Real Estate Board will hold a public hearing on general real estate issues on Wednesday, June 24, 2009 at 10:30 a.m. at Department of State, Division of Licensing Services, Alfred E. Smith State Office Building, 80 South Swan Street, 10th Floor Conference Room, Albany, NY and 123 William Street, 19th Floor Conference Room, New York, NY.

Yonkers, NY - June 15, 2009 - (RealEstateRama) – Continuing in his mission to expand the amount of quality, affordable housing for hardworking Yonkers residents, Mayor Philip A. Amicone, chairman of the Yonkers Industrial Development Agency (IDA), joined the CEO of L+M Development Partners Inc., Ron Moelis, in a ceremony marking the start of construction on the $54.5 million 330 Riverdale Avenue affordable housing complex located in the heart of the city's Ludlow neighborhood.

WASHINGTON D.C. - June 12, 2009 - (RealEstateRama) — U.S. Senator Charles E. Schumer today announced that Chautauqua Home Rehabilitation and Improvement Corporation of Jamestown will receive a YouthBuild grant in the amount of $402,532 from the United States Department of Labor.

Saratoga Springs, NY - June 10, 2009 - (RealEstateRama) – Luther Forest Technology Campus Economic Development Corporation (LFTC) today announced the sale of 223 acres of land to GLOBALFOUNDRIES for the construction of Fab 2. This is the first monumental sale for the corporation for the buildout of the 1,414-acre campus located in Malta and Stillwater, New York. The land sold for $35,000 per acre as part of a tax incentive program designed specifically for the foundry.

New York, NY - June 11, 2009 - (RealEstateRama) – Mayor Michael R. Bloomberg today announced a new public campaign to encourage more New Yorkers to get the free legal assistance, mortgage counseling and education services that are available through the Center for NYC Neighborhood network of providers. While the program has been effective for those who have taken advantage of it, many New Yorkers who have suffered foreclosure filings have not sought the free help. The campaign will urge New Yorkers to call 311 and will highlight the confidentiality of the services.

Washington D.C. - June 10, 2009 - (RealEstateRama) — U.S. Senator Charles E. Schumer today revealed that there are nearly 12,000 homeless veterans living in Upstate New York, and that the problem will likely worsen in the coming years as soldiers from Iraq and Afghanistan return home and recent veterans continue to struggle with untreated mental health and substance abuse problems.

NEW YORK, NY - June 9, 2009 - (RealEstateRama) — Attorney General Andrew M. Cuomo today announced his office is taking legal action against a leading New York foreclosure rescue company for charging illegal up-front fees and engaging in consumer fraud.

Brooklyn, NY - June 8, 2009 - (RealEstateRama) — It happens to all of us. Everyone who works, at some point, will need to take time off to care for a family member in a need – a sick parent or spouse, or a new baby to welcome into the world.

West Babylon, NY - June 8, 2009 - (RealEstateRama) — The Multiple Listing Service of Long Island, Inc., (MLSLI) released May 2009 home figures, reporting a $365,000 closed median home price for Long Island, and a contracted median price of $410,200.

New York, NY - June 4, 2009 - (RealEstateRama) — LEV L. DASSIN, the Acting United States Attorney for the Southern District of New York, announced that ALEKSANDER LIPKIN, a/k/a "Alex," GARRI ZHIGUN, GALINA ZHIGUN, JOSEPH PAPERNY, FAINA PETROVSKAYA, JOHN GELIN, TOMER SINAI, and DANIEL MIKHLIN were each sentenced by United States District Judge RICHARD J. HOLWELL

NEW YORK, NY - June 5, 2009 - (RealEstateRama) — New York State today announced that Catholic Charities Progress of Peoples Development Corporation has been chosen to buy and develop the Bernard Fineson Developmental Disabilities Senior Office site in Howard Beach, Queens, into low- and moderate-income senior housing.

NEW YORK, NY - June 4, 2009 - (RealEstateRama) — The board of the New York State Affordable Housing Corporation (AHC) today approved $4.965 million in grants to finance the acquisition and renovation of 378 units of affordable housing throughout New York State.

NEW YORK, NY - June 4, 2009 - (RealEstateRama) — The board of the New York State Affordable Housing Corporation (AHC) today approved $700,000 in grants to finance renovations for 50 housing units in Cheektowaga and Lackawanna in Erie County.