New York RealEstateRama

NEW YORK, NY - June 4, 2009 - (RealEstateRama) — The board of the New York State Affordable Housing Corporation (AHC) today approved $2.27 million in grants to two nonprofit organizations to help acquire and rehabilitate 96 affordable homes on Long Island.

NEW YORK, NY - June 4, 2009 - (RealEstateRama) — The board of the New York State Affordable Housing Corporation (AHC) today approved $900,000 in grants to renovate 114 homes in the Southern Tier.

NEW YORK, NY - June 4, 2009 - (RealEstateRama) — The board of the New York State Affordable Housing Corporation (AHC) today approved $600,000 in grants to renovate 75 homes in St. Lawrence County.

NEW YORK, NY - June 4, 2009 - (RealEstateRama) — The board of the New York State Affordable Housing Corporation (AHC) today approved a $300,000 grant to Home HeadQuarters (HHQ) to help finance home improvements for 30 homes in the City of Syracuse.

NEW YORK, NY - June 4, 2009 - (RealEstateRama) — The board of the New York State Affordable Housing Corporation (AHC) today approved a $195,000 grant to the Town of Queensbury to renovate 13 single-family homes in Warren County.

New York, NY - June 4, 2009 - (RealEstateRama) — A federal grand jury in Brooklyn returned an indictment charging nine defendants with a...

Disaster Planning and Insurance Coverage Helped Ensure Only Minor Disruption for Members and Providers When Fire Hit Manhattan-Based Health Insurance Company. New York, NY, June 2, 2009 - (RealEstateRama) — Atlantis Health Plan today officially opens its new 16,000 sq. ft. office space on 45 Broadway, suite 300 with a ribbon-cutting and welcoming of leading health insurance brokers in the New York City area and other guests. Atlantis had been operating temporarily at 48 Wall St. following an electrical fire of unknown origin on Nov. 25, 2008, at its prior offices located at 39 Broadway.

SYRACUSE, NY - May 28, 2009 - (RealEstateRama) — Agriculture Secretary Tom Vilsack today announced that 10 New York water and wastewater projects will receive $14,869,400 through the American Recovery and Reinvestment Act (ARRA).

New York, NY - May 20, 2009 - (RealEstateRama) — LEV L. DASSIN, the Acting United States Attorney for the Southern District of New York, JOSEPH M. DEMAREST JR., the Assistant Director-in-Charge of the Federal Bureau of Investigation's New York Field Division ("FBI"), and BRIAN G. PARR, the Special Agent-in-Charge of the New York Field Office of the United States Secret Service ("USSS"), announced the filing yesterday of a six-count Indictment against LAVETTE M. BILLS, KIRK LACEY, OMAR HENRY, and PETER CHEVERE, charging them with perpetrating a mortgage fraud scheme involving loans totaling over $3 million on at least six different residences.

Albany, N.Y. - May 21, 2009 - (RealEstateRama) — Empire State Development Corporation’s Board of Directors met today in New York City and approved grants totaling nearly $48 million, pledging to retain 165 jobs and create more than 260 jobs in New York State.

New York, NY - May 19, 2009 - (RealEstateRama) — LEV L. DASSIN, the Acting United States Attorney for the Southern District of New York, announced that DOMINICK DEVITO was sentenced to 51 months in prison today by United States District Judge BARBARA S. JONES in Manhattan federal court for mortgage fraud, insurance fraud and obstruction of justice.

New York, NY - May 19, 2009 - (RealEstateRama) — Mayor Michael R. Bloomberg, Deputy Mayor for Economic Development Robert C. Lieber and Extell Development Company President Gary Barnett today announced the first phase of construction of the International Gem Tower, a state-of-the-art facility for domestic and international gem and jewelry wholesalers, retailers, manufacturers and designers.

Hauppauge , NY - May 19, 2009 - (RealEstateRama) — Suffolk Executive Steve Levy announced today that the county has received a $1.7 million grant from the New York State Agricultural and Farmland Protection Program which will be used to help purchase the development rights to 52 acres of the DeLalio Sod Farm in Eastport.

New York, NY - May 18, 2009 - (RealEstateRama) — “The Kingsbridge Armory is one of the City’s historical treasures, but it has been long-underutilized. After years of hard work and community involvement, we are now moving forward with a plan to bring the Armory back to life – and bring new jobs and shopping opportunities to Bronx residents.

New York, NY - May 15, 2009 - (RealEstateRama) — United States Senators Charles E. Schumer and Kirsten Gillibrand announced today that the U.S. Department of Housing and Urban Development (HUD) has awarded a total of $2,038,081 in American Reinvestment and Recovery Act (ARRA) funding to the city of Utica through the Lead-Based Paint Hazard Control (LHC) Grant Program.

New York, NY - May 15, 2009 - (RealEstateRama) — SL Green Realty Corp's Daily News Building, 220 East 42nd Street, is one of ten office buildings selected by City Parks Foundation in conjunction with Odyssey Golf, which will be hosting a free lunchtime putting contest for its tenants on Thursday, May 28th.

West Babylon, NY - May 15, 2009 - (RealEstateRama) — The Multiple Listing Service of Long Island, Inc., (MLSLI) released April’s 2009 home figures reporting a $350,000 closed median home price for Long Island, that includes Nassau, Suffolk and Queens, and a contracted median price of $411,000.

New York, N.Y., - May 14, 2009 - (RealEstateRama) — Turner Construction Company, the nation’s largest builder of green buildings and education facilities, has been selected by the New York School Construction Authority (SCA) to manage construction for the $83 million new settlement community campus for students in grades 1-12 in the Bronx, New York. The campus is scheduled for completion in 2012.

New York, NY - May 13, 2009 - (RealEstateRama) — Mayor Michael R. Bloomberg today named John B. Rhea to serve as Chairman of the New York City Housing Authority (NYCHA), the nation’s largest public housing authority. Rhea will replace Tino Hernandez, who returned to the nonprofit sector last year, and Interim Chair Ricardo Elías Morales. Chairman Rhea has more than two decades of investment banking and private sector experience.

Mineola, NY - May 11, 2009 - (RealEstateRama) — Nassau County Executive Tom Suozzi has signed into law new smart-growth requirements for subdivision developments in the County.

New York, NY - May 12, 2009 - (RealEstateRama) — SL Green Realty Corp. (NYSE: SLG) today announced that accounting firm Marcum & Kliegman LLP has signed a new 10-year lease covering 67,152 square feet at 750 Third Avenue. The transaction is the largest tenant relocation lease signed in Midtown Manhattan so far in 2009 and is a follow up to SL Green's recent new lease with Wells Fargo Trade Capital Services covering 57,000 square feet at 100 Park Avenue.

Washington D.C. - May 7, 2009 - (RealEstateRama) — U.S. Senator Charles E. Schumer today announced that in the budget released today, President Obama has included substantial new funding that can be used to fight the housing blight that plagues communities across Upstate New York. In his budget request released today, the President created a $1 billion Housing Trust Fund and fully funds Community Development Block Grants with $4.45 billion.

Washington D.C. - May 7, 2009 - (RealEstateRama) — U.S. Senator Charles E. Schumer today applauded the historic investment made by the Obama Administration to help build new affordable housing stock in hard-hit communities by including $1 billion for the National Housing Trust Fund in the Administration’s Fiscal Year 2010 budget. Schumer, who co-authored the legislation that created the new trust fund, said this critical investment will help rebuild and revitalize low-income communities by providing funds for the construction of rental housing to extremely low-income families.

NEW YORK, NY - May 7, 2009 - (RealEstateRama) — The boards of the New York State Affordable Housing Corporation (AHC) and the State of New York Mortgage Agency (SONYMA) today approved grants and insurance commitments of $35.8 million to build and renovate 669 affordable housing units across New York State.

NEW YORK, NY - May 7, 2009 - (RealEstateRama) — The board of the New York State Affordable Housing Corporation (AHC) today approved four grants totaling $10.33 million to the Housing Partnership Development Corp. to build and rehabilitate 362 units of affordable housing in Manhattan, the Bronx and Brooklyn.