RealEstateRama

Governor Andrew M. Cuomo today announced that the New York State Board for Historic Preservation has recommended the addition of 22 properties, resources and districts to the State and National Registers of Historic Places.

Information-Sharing System to Enhance Local Governments’ Ability to Maintain Abandoned Properties and Charge-Back Legal Owners; City of Long Beach is first Municipality to Partner with County on Database

In December, FEMA Announced It Had Agreed To Provide Fed Funding to Rebuild the School District’s Administration Building and Storage and Maintenance Facility Outside...

Governor Andrew M. Cuomo today announced $4.9 million in grants are available to provide repair and assistance to historic and archeological resources that were impacted by Hurricane Sandy. With the money being made available by the National Park Service for a second time, not-for-profit organizations, municipalities, and state agencies can apply to the New York State Office of Parks, Recreation and Historic Preservation to receive aid.

New York real estate heir Robert Durst was charged today with the 2000 murder of his friend, Susan Berman, the Los Angeles County District Attorney’s Office announced. Durst (dob 4/12/43) is charged in case SA089983 with one count of first-degree murder with the special circumstances of murder of a witness and lying in wait and gun use allegations

Washington, D.C. - February 13, 2015 - (RealEstateRama) -- U.S. Senators Charles Schumer and Kirsten Gillibrand today announced $4,477,146 in federal funding for housing authorities throughout Nassau and Suffolk counties. The funding was allocated through the U.S. Department of Housing and Urban Development’s (HUD) Capital Fund Program. These funds will be used to modernize and develop affordable housing for low-income, working families in the region

WASHINGTON, D.C. - February 10, 2015 - (RealEstateRama) --Governor Andrew M. Cuomo today announced th at New York State supported a record 9,363 affordable housing units in 2014. The Governor also announced $7.3 million in funding for the construction and rehabilitation of 19 affordable homeownership developments that represent more than 500 homes across the state. These milestones include units produced by the Governor’s $1 billion House NY commitment, which is on track to finance more than 14,300 affordable housing units by 2018.

CHICAGO - November 17, 2014 - (RealEstateRama) -- In recognition of his outstanding professionalism and commitment to service both within the real estate industry and the community, Robert M. White, Jr., CRE, founder and president of Real Capital Analytics (RCA), New York City, was presented with the 2014 James D. Landauer/John R. White Award by The Counselors of Real Estate® at its Annual Convention in October in Boston. The honor recognizes White’s distinguished record of leadership in the real estate investment and brokerage industries, as well as his impressive record of supporting civic causes

WASHINGTON, D.C. - May 20, 2014 - (RealEstateRama) -- Benjamin M. Lawsky, Superintendent of Financial Services for the State of New York, is delivering remarks today at the Mortgage Bankers Association 2014 National Secondary Market Conference in New York City.

Washington, D.C. - May 8, 2014 - (RealEstateRama) -- Congressman Eliot Engel, a senior member of the House Energy and Commerce Committee, issued the following statement after he and other members of the New York Congressional delegation met with New York City Mayor Bill de Blasio.

ASHINGTON, D.C. - February 14, 2014 - (RealEstateRama) -- Today, U.S. Senator Charles E. Schumer announced his effort to secure $10.1 million in federal funding for three critical infrastructure projects in the Capital Region that are in desperate need of repair: the Troy Seawall, the Amsterdam Dove Creek Wall, and the Cobleskill Water Supply project. Specifically, Schumer urged the Federal Emergency Management Agency (FEMA) to swiftly approve funding for these three New York State high-priority Hazard Mitigation Grant Program applications: the City of Troy needs $6.7 million from FEMA to begin the construction of its seawall stabilization project, which can begin in earnest next year if FEMA quickly approves the funds. The City of Amsterdam is seeking $1.1 million in federal funding for repair of the Dove Creek Wall, and the Town of Cobleskill is seeking $2.3 million for repairs to its water supply syst

Albany, NY - February 4, 2014 - (RealEstateRama) -- Governor Andrew M. Cuomo today highlighted the additional capital funding in the 2014-15 Executive Budget to make communities across the State more progressive by encouraging the creation of supportive housing for public assistance recipients and low-income households. The Executive Budget Proposal increases funding from the $30 million that was enacted in the 2013-14 Executive Budget to $63 million for the Homeless Housing and Assistance Program (HHAP), which is administered by the New York State Office of Temporary and Disability Assistance (OTDA).

Washington, DC - January 28, 2014 - (RealEstateRama) -- As the Senate gets ready to vote tonight to begin debate on a bill to delay flood insurance premiums, U.S. Senator Kirsten Gillibrand introduced an amendment to the Homeowner Flood Insurance Affordability Act, which will help New York City and other urban homeowners of buildings such as brownstones, brick buildings, and multi-family homes that are physically impossible to elevate to reduce their flood risk and lower their flood insurance rates. Currently, the only way to reduce flood insurance premiums for homeowners living in flood-prone areas is to elevate their homes. But for thousands of New York homeowners who cannot elevate their properties due to its inherent structure, there are no federal guidelines in place to prevent a costly increase in their flood insurance rates

Albany, NY - December 12, 2013 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced that he is deploying the Department of Financial Services’ (DFS) Mobile Command Center (MCC) to Long Island to provide foreclosure prevention assistance to financially struggling homeowners.

As developers hike prices for luxury apartments to take advantage of the now-desirable real estate along the High Line, janitors and doormen who work in the buildings that buttress the park are not sharing in the good times. A penthouse recently sold for $6.8 million in a building that Mick Jagger and Nicole Kidman call home while in other buildings one-bedrooms go for $1.6 million. Meanwhile workers make as little as $11 an hour and don’t have health care coverage. The workers want one New York for #AllofUs.

New York, NY - October 21, 2013 - (RealEstateRama) -- Schumer Fought Hard to Secure Flexible CDBG Funding in Sandy Aid Bill- Program Was Designed to Ensure Money Fills Gap Between What Insurance Pays & Actual Damage; Over $484 Million Will Be Allocated to Sandy Victims in NYS With Unmet Needs

Albany, NY - October 8, 2013 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced that he is deploying the Department of Financial Services (DFS) Mobile Command Center (MCC) to Rochester to help provide foreclosure prevention assistance to struggling homeowners.

New York, NY - April 11, 2013 - (RealEstateRama) -- The New York State Energy Research and Development Authority (NYSERDA) today recognized Binghamton University of the State University of New York with a High Performance Building plaque for exceptionally high energy efficiency at its Engineering and Science Building. The building is rated to perform 44 percent above the energy code, and energy efficiency measures save $370,000 in costs annually.

WASHINGTON, D.C. - April 3, 2013 - (RealEstateRama) -- New report from NYU's Furman Center for Real Estate and Urban Policy finds New York City home prices rose two percent in the final quarter of 2012, while foreclosure activity increased 53 percent over the final quarter of 2011; The Bronx sees promising signs of renewed building activity

New York, NY - March 6, 2013 - (RealEstateRama) -- U.S. Senator Charles E. Schumer today announced that the U.S. Department of Housing and Urban Development (HUD) will allow Community Development Block Grants Disaster Recovery (CDBG-DR) funding to help housing cooperative and condominium owners impacted by Superstorm Sandy. Co-op and condominium owners are not currently eligible for Federal Emergency Management Agency (FEMA) grants to cover the cost of repairs to common areas and infrastructure. The move comes after Schumer requested that HUD establish program guidelines to establish eligibility requirements to help co-op and condo homeowners repair damage incurred by Sandy. The funds can be used to repair the common areas in the building, such as lobbies, boilers and elevators.

Albany, NY - January 22, 2012 - (RealEstateRama) -- The New York State housing market recovered strongly in 2012 as closed sales of existing single-family homes, condos and co-ops finished 7-percent ahead of 2011. There was a modest 1.2-percent growth in the median sales price as available inventory fell by nearly 20 percent, according to the housing market report released today by the New York State Association of REALTORS.

Hauppauge, NY - January 14, 2012 - (RealEstateRama) -- County Executive Bellone reminds Suffolk County residents, who are eligible, to participate in HEAP, a federally funded program that issues heating benefits to supplement a household’s annual energy cost

New York, NY - December 7, 2012 - (RealEstateRama) -- Mayor Michael R. Bloomberg, U.S. Department of Housing and Urban Development Secretary Shaun Donovan, New York City Department of Housing Preservation and Development Commissioner Mathew M. Wambua, and Director of Housing Recovery Operations Brad Gair today announced NYC Housing Recovery, a City initiative to make a pool of vacant apartments available exclusively for New Yorkers that have been displaced from their homes because of Hurricane Sandy. Displaced households will be able to register with the City for assistance in finding short or long-term housing through this new program.

New York, NY - December 3, 2012 - (RealEstateRama) -- The New York Fed today released a new interactive tool that provides data on the state of the housing market recovery in New York, New Jersey and Connecticut.

NEW YORK, NY - November 21, 2012 - (RealEstateRama) -- Attorney General Eric T. Schneiderman today filed a Martin Act complaint against Credit Suisse Securities (USA) LLC and its affiliates for making fraudulent misrepresentations and omissions to promote the sale of residential mortgage­-backed securities (RMBS) to investors. According to Attorney General Schneiderman’s lawsuit, Credit Suisse deceived investors as to the care with which they evaluated the quality of mortgage loans packaged into residential mortgage-backed securities prior to 2008. RMBS sponsored and underwritten by Credit Suisse in 2006 and 2007 have suffered losses of approximately $11.2 billion