RealEstateRama

Governor Andrew M. Cuomo today announced that he is deploying Department of Financial Services representatives to Chester in Orange County and Monticello in Sullivan County to offer foreclosure prevention assistance to financially struggling homeowners.

U.S. Representative Kathleen Rice today announced that two local organizations have been awarded nearly $300,000 in federal grant funds to help homeless veterans on Long Island find jobs and sustainable housing. Easter Seals New York, Inc. will receive $150,000 and United Veterans Beacon House, Inc. will receive $145,000 through the U.S. Department of Labor’s (DOL) Homeless Veterans’ Reintegration Program (HVRP).

Governor Andrew M. Cuomo today announced details of a final agreement on a number of major priorities for the end of the 2015-16 legislative session. Governor Cuomo said: “Today, we have reached an agreement on robust, comprehensive reforms that put the people of New York first. We are strengthening rent laws and extending them for four years in the New York City area to protect more than two million tenants.

Governor Andrew M. Cuomo today announced resurfacing projects totaling $75 million will be completed this year on approximately 428 lane miles of state highways across New York. Funding for these projects was accelerated into this construction season in order to repair widespread damage from deep frost over the winter

Campaign Will Promote AGScamHelp.com, A Web-Based App To Educate Consumers On How To Avoid And Report Mortgage Rescue Scams. Schneiderman: Informed Homeowners Are the Most Powerful Tools Against Foreclosure Scams

New York - June 12, 2015 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced that the New York State Board for Historic...

U.S. Senators Charles E. Schumer and Kirsten Gillibrand today announced that the Federal Emergency Management Agency (FEMA), following their urging, had approved additional federal funds to rebuild the Niagara Engine Company No. 6 Fire House. The fire house was previously located in a high hazard floodplain in Schoharie County, where it was severely damaged during Hurricane Irene and Tropical Storm Lee.

The Housing and Community Development Network of New Jersey (the Network) today released a guide to implementing the New Jersey Supreme Court’s March 2015 decision on fair share housing. Developing Effective Municipal Housing Plans aims to help advocates and nonprofit community developers usher in a new era of housing planning and municipal collaboration.

Manhattan Borough President Gale A. Brewer and City Council Member Margaret Chin (D-1) responded today to a letter from David R. Weinreb, CEO of The Howard Hughes Corporation (HHC) addressed to Mayor Bill de Blasio on their effort to build a mixed use tower on the site of the Fulton Fish Market’s New Market Building adjacent to Pier 17, the South Street Seaport commercial development they are already renovating under a long term lease with the City’s Economic Development Corporation.

Governor Andrew M. Cuomo today announced $3.3 million for re-entry task forces in 19 counties that coordinate and manage services for formerly incarcerated individuals to successfully transition back to their communities

Significant disparities in support for the MTA: City contributed 68 percent of MTA’s operating budget in FY14 while the State paid for just 4 percent. City also contributes nearly $300 million annually over the last decade in capital funding to the MTA

Governor Andrew M. Cuomo today announced the state acquisition of the Berry Pond Preserve in Warren County, which was attained to protect water quality in Lake George and its tributaries. New York State purchased the 1,436-acre property from the Lake George Land Conservancy with $1.7 million from the Environmental Protection Fund.

NEW YORK, NEW YORK - May 21, 2015 - (RealEstateRama) -- The New York City Department of Housing Preservation and Development (HPD), New York City Department of City Planning (DCP), and New York City Department of Buildings (DOB) joined Monadnock Development and partners to celebrate the stacking of the first modules in the Carmel Place micro-unit development

Demonstrating retailers’ continued interest in New York City’s hot retail market, ground floor asking rents for available retail space in Manhattan’s prime shopping destinations increased in the first quarter of 2015 in all but one of the 17 corridors surveyed, year over year, according to The Real Estate Board of New York’s (REBNY’s) Spring Retail Report

The Federal Home Loan Bank of New York announced today the award of a $1,272,000 grant to the Genesis Housing Development Corporation to help finance the Spa Apartments project, which involves the rehabilitation of 109 apartments that are home to very low-income seniors and disabled individuals. M&T Bank, a member of the Federal Home Loan Bank of New York, submitted the application for the funding

The New York State Supreme Court Appellate Division heard oral arguments on Thursday in the Mechanical Contractors V. NYCDOB, Case No. 13-10093, regarding controversy over whether the NYC Department of Buildings (DOB) has the legal authority to ignore Building Code requirements when buildings are constructed modularly. This includes the largest Lego-style modular construction project in North America located at Brooklyn’s Atlantic Yards (now rebranded as Pacific Park), a 32-story, 363 unit residential building.

U.S. Senators Charles E. Schumer and Kirsten Gillibrand today urged the U.S. Department of Housing and Urban Development (HUD) to extend the HOME Investment Partnership Program expenditure period for the City of Buffalo. Schumer and Gillibrand said that the program is set to expire June 30, 2015 but should be extended for eight months, until February 29, 2016, due to the fact that many projects were delayed by unforeseen circumstances. Schumer and Gillibrand explained that the funds to finance numerous community projects were authorized through the HOME Program in FY 2010 and included the construction, purchase, and rehabilitation of several affordable housing projects.

The New York City Department of Housing Preservation and Development (HPD) Commissioner Vicki Been, and New York City Department of Small Business Services (SBS) Deputy Commissioner Kerri Jew were joined by the New York State Association for Affordable Housing (NYSAFAH), the Goldman Sachs Urban Investment Group, Holland & Knight, and the Minority Business Development Institute (MBDI) to celebrate the completion of the inaugural series of capacity building workshops designed specifically for Minority and Women Owned Business Enterprises (M/WBEs).

Mayor Bill de Blasio and Housing Preservation and Development Commissioner Vicki Been today met tenants at a Bronx building in the midst of major upgrades and renovations through City affordable housing preservation initiatives. Protecting and improving existing affordable housing is a major component of the Mayor’s Housing New York Plan. Last year, the City initiated preservation work at 11,185 apartments. This year, the City is expanding its toolkit to reach more New Yorkers whose homes are becoming unaffordable or distressed

Congressman Eliot Engel, a senior member of the House Energy and Commerce Committee, is pleased to announce the Federal Emergency Management Agency (FEMA) has awarded over $5 million in funds to Westchester County to repair areas in Rye Playland damaged during Superstorm Sandy. The allocation includes $1,683,346.50 for repairs to the North Boardwalk, and an additional $3,404,703.65 in funding for permanent work on other areas of the park that were damaged during the storm.

Yonkers Property Owners to Receive Tax Rebates from New York State as City Stays Within 2% Tax Cap for Fourth Consecutive Year YONKERS, NY -...

The New York State Department of Transportation (NYSDOT) will hold a public meeting on Tuesday, April 21, at 6:30 p.m. regarding planned construction projects in 2015 for the Village of Owego and Town of Owego, Tioga County. The meeting will be held at Tioga Opportunities, Inc, 9 Sheldon Guile Boulevard, Owego. Doors will open at 6:15 p.m. with a presentation to be given at 6:30 p.m.

Hanley Investment Group, a nationally-recognized boutique real estate brokerage and advisory firm specializing in retail property sales, announced today that Senior Vice President Jeremy McChesney negotiated the sale of four single-tenant absolute NNN 7-Eleven stores in Erie County, New York, totaling nearly $3 million. McChesney currently has two other East Coast 7-Eleven stores in escrow and two additional ones available for sale.

Initiative Estimated to Provide At Least $100 Million in Building Work to Reduce City Emissions While Lowering Energy Costs, Preserving Funds for Vital Repairs...

U.S. Senators Charles E. Schumer and Kirsten Gillibrand today announced $1,977,607 in federal funding for the Syracuse Housing Authority to launch a new job training program that connects public housing residents with education and employment opportunities. SHA will use the funding to launch the “Work to Independence” in partnership with community organizations including Greater Syracuse Works, Center for Community Alternatives, Upstate Medical University Hospital, the University Hill Business Association, Syracuse University and the Urban Jobs Task Force