New York RealEstateRama
Upstate Equity Fund Encourages Private Sector Investment in Communities
ALBANY, NY - March 19, 2009 - (RealEstateRama) — A new Upstate Equity Fund that will encourage private sector investment in affordable housing projects throughout Upstate New York was announced today by Deborah VanAmerongen, commissioner of the state Division of Housing and Community Renewal (DHCR). The new funding source was developed by DHCR together with the New York State Association for Affordable Housing (NYSAFAH) and other partners in the development community.
Formerly Homeless Vets Get a Second Chance at the Jackson Avenue Veteran Complex
CPC, ENPHRONT Veteran Services and Inner City Development Open Seven 3-story Row Houses for Formerly Homeless Veterans; Educational, Job Training and Recreational Programs Offered On-Site
February Number of Contracted Sales Are Up
West Babylon, NY - March 11, 2009 - (RealEstateRama) — The Multiple Listing Service of Long Island, Inc., (MLSLI) released February 2009 home figures reporting a $360,000 closed median home price for Long Island which includes Nassau, Suffolk and Queens county.
New York State Real Estate Board to hold public hearing
ALBANY NY - March 3, 2009 - (RealEstateRama) — The New York State Real Estate Board will hold a public hearing on general real estate issues on Wednesday, March 18, 2009 at 10:30 a.m. at the 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.
Congressional Oversight Panel Releases Oversight Report on Foreclosure Mitigation
WASHINGTON, D.C. - March 6, 2009 - (RealEstateRama) — The Congressional Oversight Panel released its March Oversight Report, The Foreclosure Crisis: Working Toward a Solution. Like the crisis in the banking system, the foreclosure problem has grown so large that it threatens the entire economy.
MANHATTAN REAL ESTATE DEVELOPER PLEADS GUILTY IN $27 MILLION FRAUD SCHEME
New York, NY - February 25, 2009 - (RealEstateRama) — LEV L. DASSIN, Acting United States Attorney for the Southern District of New York announced today that IVY WOOLFTURK, a Manhattan real estate developer, pleaded guilty in Manhattan federal court to participating in a $27 million mail and wire fraud conspiracy.
National economic uncertainty hampers New York State housing market
Albany, NY - February 25, 2009 - (RealEstateRama) — The New York State housing market could not sustain the December sales growth into January as buyers largely stayed out of the market due to concerns about the economy and questions about the impending economic stimulus package.
FOUR INDICTED IN MORTGAGE FRAUD SCHEME INVOLVING OVER $10 MILLION IN LOANS
New York, NY - February 18, 2009 - (RealEstateRama) — LEV L. DASSIN, the Acting United States Attorney for the Southern District of New York, and JOSEPH M. DEMAREST, JR., the Assistant Director-in-Charge of the New York Office of the Federal Bureau of Investigation, announced the unsealing of charges against SHARMON HOWELL, a/k/a "Sharmon Wade," DAVID MOORE, JUNE PERSAUD, and OSCAR ANCRUM,
New Affordable Homeownership Option under Inclustionary Housing Begins Public Review
Improvements to Inclusionary Housing Program Would Also Produce More Permanently Affordable Housing;
Proposal Fulfills Promise Made During Adoption of 125th Street Rezoning
New York State Board of Real Estate Appraisal To Meet
ALBANY, NY - February 17, 2009 - (RealEstateRama) – A meeting of the New York State Board of Real Estate Appraisal will be held on Thursday, February 26, 2009 at 10:30 a.m. at the Department of State, Alfred E. Smith State Office Bldg., 80 South Swan Street, 10th Floor Conference Room, Albany, NY, and 123 William Street, 19th Floor Conference Room, NYC, NY.
Mayor Bloomberg Names Rafael Cestero to Serve As Commissioner of the Department of Housing...
New York, NY - February 13, 2009 - (RealEstateRama) – Mayor Michael R. Bloomberg today named Rafael Cestero to serve as Commissioner of the Department of Housing Preservation and Development HPD
BROOKLYN ATTORNEY CONVICTED IN MULTIMILLION-DOLLAR MORTGAGE FRAUD SCHEME
New York, NY - February 6, 2009 - (RealEstateRama) – LEV L. DASSIN, the Acting United States Attorney for the Southern District of New York, announced that attorney ALEXANDER KAPLAN was found guilty today of participating in a multimillion-dollar mortgage fraud scheme. KAPLAN was found guilty, after a two-week jury trial in Manhattan federal court, on all eighteen counts in the Indictment against him.
Triennial Study Shows That New York City’s Total Housing Supply and Neighborhood Satisfaction Reach...
New York, NY - February 10, 2009 - (RealEstateRama) – Mayor Michael R. Bloomberg, Deputy Mayor for Economic Development Robert C. Lieber and Department of Housing Preservation and Development (HPD) Acting Commissioner Marc Jahr today released the initial results of the 2008 New York City Housing and Vacancy Survey.
Arrests Part of AG’s Ongoing Statewide Initiative to Protect Vulnerable Nursing Home Residents
ROCHESTER, N.Y. - January 29, 2009 - (RealEstateRama) – Attorney General Andrew M. Cuomo today announced the arrests of two healthcare workers for allegedly abusing elderly residents in separate incidents at Rochester area nursing homes
Federal Home Loan Bank Of New York Backs $142 Million In Nyc Housing Development...
NEW YORK, N.Y. - January 29, 2009 - (RealEstateRama) – The Federal Home Loan Bank of New York(FHLB-NY) has purchased $140 million in taxable bonds issued by the New York City Housing Development Corporation (HDC) to support the development and preservation of thousands of units of affordable housing in New York City.
Hampshire Partners Fund VII Acquires Two Buildings and Land in Hauppauge, N.Y.
Hauppauge, N.Y. - January 28, 2009 - (RealEstateRama) – The Hampshire Companies, a full service, private real estate investment fund manager with equity in assets valued at over $2 billion, has announced the acquisition of two buildings totaling 52,500 square feet situated on 1.98 acres in Hauppauge, N.Y. from Siemens Energy and Automation.
DHCR Helps Make Free Assistance Available to Homeowners at Risk of Foreclosure
Albany, NY - January 26, 2009 - (RealEstateRama) – Executive Deputy Commissioner Brian Lawlor participated in a press conference recently to announce the availability of free, quality foreclosure prevention counseling in the Capital Region and throughout the state.
New York Banking Department and RealtyTrac® Release Fourth Quarter and Full Year 2008 Foreclosure...
New York, N.Y. - January 25, 2009 - (RealEstateRama) – The New York State Banking Department and RealtyTrac® released New York county-level foreclosure statistics for the fourth quarter and full year ended December 31, 2008. According to RealtyTrac there were 8,366 properties with foreclosure filings in New York during the fourth quarter of 2008 and 50,032 during the full year 2008.
Metro Commercial Inks 11,000 SF Auto Zone Deal in Nanuet, NY
The #1 auto parts retailer relocates to the prestigious Rockland Center Shopping Center
Fort Lee, NJ - January 22, 2009 - (RealEstateRama) – Metro Commercial announced today that it has brokered an 11,000 square foot lease for Auto Zone in the Rockland Center Shopping Center in Nanuet, New York.
Statement by Mayor Bloomberg on Start of the Public Approval Process for Coney Island...
Department of City Planning Will Tomorrow Initiate the Seven-Month Uniform Land Use Review Procedure for Revitalization of Coney Island
Plans Will Be Reviewed in a Series of Public Hearings and Will Go Before the Local Community Boards, the Borough President, the City Planning Commission and the City Council
HCI and Consumer One to Pay Over $650,000 in Restitution After Illegally Charging Black...
NEW YORK, NY - January 5, 2009 - (RealEstateRama) – Attorney General Andrew M. Cuomo today announced results of a landmark investigation with the New York State Department of Banking into discriminatory practices in the mortgage brokerage industry.
DHCR Commissioner Joins Mayor Bloomberg and Speaker Quinn to Announce Foreclosure Prevention Efforts
Albany, NY – December 12, 2008 - (RealEstateRama) – Commissioner VanAmerongen joined Mayor Michael R. Bloomberg, City Council Speaker Christine C. Quinn and members...
First Resident-owned Mobile Home Park in Central New York
Elbridge, NY - December 11, 2008 - (RealEstateRama) – The Champion Park Homeowners Association today purchased the Champion Mobile Home Park in Elbridge, New York--creating the...
Mayor Bloomberg and Speaker Quinn Join the Center for NYC Neighborhoods to Award New...
New York City – December 11, 2008 - (RealEstateRama) – Mayor Michael R. Bloomberg, City Council Speaker Christine C. Quinn and Center for NYC...
NYS Housing Finance Agency Approves $10.3 Million in Financing to Build 67 Affordable Senior...
NEW YORK, NY - December 3, 2008 - (RealEstateRama) – The board of the New York State Housing Finance Agency (HFA) today approved $10.3...