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Yearly Archives: 2010
Governor Signs Bill to Make 21 Public Housing Developments Eligible for Federal Assistance
Albany, NY - March 19, 2010 - (RealEstateRama) -- Governor David A. Paterson has signed into law legislation authorizing the New York City Housing Authority (NYCHA) to restructure the ownership of 21 public housing developments as part of a comprehensive rehabilitations plan.
Staybridge Suites Debuts in New York City’s Times Square
ATLANTA, GA - March 17, 2010 - (RealEstateRama) -- IHG (InterContinental Hotels Group) [LON: IHG, NYSE: IHG (ADRs)], the world's largest hotel group by number of rooms, announced today that a new 310-room Staybridge Suites will open in early April in the center of Manhattan.
GRACELINE COURT ANNOUNCES MORE THAN 80% OF UNITS ARE UNDER CONTRACT
New York, NY - March 17, 2010 - (RealEstateRama) -- Halstead Property Development Marketing and Loewen Development today announced that more than 80 percent of its units are under contract for purchase at Graceline Court (www.gracelinecourt.com), a new residential development in Harlem.
The FBI New York Shines Light on Potential Rental and Real Estate Scams in...
New York, NY - March 12, 2010 - (RealEstateRama) -- The Federal Bureau of Investigation’s New York Office is warning the public to remain on the lookout for scams involving real estate and rental properties.
WITH ONLY FIVE REMAINING UNITS, HAMILTON LOFTS, NEW CONDO DEVELOPMENT IN HARLEM, IS 60%...
New York, NY - March 12, 2010 - (RealEstateRama) -- March 12, 2010 – Gold Development today announced that Hamilton Lofts, a premiere new condominium development at 117 and 121 Edgecombe Avenue in Harlem, is now 60% sold.
NYS Affordable Housing Corporation Approves $1.28 Million in Grants to Renovate 73 Affordable Housing...
NEW YORK, NY - March 4, 2010 - (RealEstateRama) -- The board of the New York State Affordable Housing Corporation (AHC) today approved $1.28 million in grants to finance the renovation of 73 affordable housing units in New York State.
NYS Affordable Housing Corporation Approves $75,000 Grant for Home Improvements in Buffalo
NEW YORK, NY - March 4, 2010 - (RealEstateRama) -- The board of the New York State Affordable Housing Corporation (AHC) today approved a $75,000 grant to The Citizen's Alliance, Inc. to finance improvements of seven housing units in Buffalo.
State Awards $4.7 Million in Homeless Housing Assistance
Albany, NY - March 3, 2010 - (RealEstateRama) -- The State Office of Temporary and Disability Assistance (OTDA) today announced that nearly $4.7 million has been awarded to fund homeless housing and related support services in the cities of Utica and Ithaca.
Suffolk County Executive Steve Levy Seeks to Provides One Dozen Properties for Affordable Homes...
Hauppauge , NY - March 1, 2010 - (RealEstateRama) -- Despite an ongoing recession and a record number of home foreclosures across the country, County Executive Steve Levy is continuing in his efforts to provide affordable housing opportunities for Suffolk residents.
Solar Thermal Grant Pilot Program
New York City, NY - February 25, 2010 - (RealEstateRama) -- New York City Economic Development Corporation (NYCEDC) today announced five businesses and institutions will receive grants to install solar thermal systems in the Bronx, Manhattan, and Queens. Solar thermal is an established clean energy technology that collects sunlight to produce thermal energy, or heat.
January 2010 New York State home sales up 11 percent from year ago
Albany, NY - February 26, 2010 - (RealEstateRama) -- The New York state housing market posted an improved start to 2010 compared to the beginning of last year with sales increasing by 11 percent compared to January 2009, according to preliminary single-family sales data accumulated by the New York State Association of REALTORS.
Senate Majority Bolsters Support For NYC Public Housing
New York, NY - February 24, 2010 - (RealEstateRama) -- To protect New York’s 400,000 residents of public housing, the Senate Majority today passed S6430A (Squadron) making the New York City Housing Authority (NYCHA) eligible for an immediate infusion of $400 million in capital funding.
Manhattan U.S. Attorney Charges Three Defendants in Multi-Million-Dollar Mortgage Fraud Scheme
New York, NY- February 24, 2010 - (RealEstateRama) -- PREET BHARARA, the United States Attorney for the Southern District of New York, JOSEPH M. DEMAREST JR., the Assistant Director-in-Charge of the New York Field Division of the Federal Bureau of Investigation ("FBI"),
Assembly Approves Legislation Federalizing New York City Public Housing Projects
Albany, NY - February 22, 2010 - (RealEstateRama) -- Assembly Speaker Sheldon Silver, Ways and Means Committee Chair Herman D. Farrell and Housing Committee Chair Vito Lopez today announced the passage of legislation which would authorize the New York City Housing Authority (NYCHA)
NY Leads All States in Disbursement of ARRA Funds to Save Affordable Housing
Albany, NY - February 19, 2010 - (RealEstateRama) -- The NYS Division of Housing and Community Renewal announced today that New York leads all other states in disbursing Tax Credit Assistance Program (TCAP) funds included in the American Recovery and Reinvestment Act (ARRA).
Free Mobile Spa and Lunch at the 505
New York, NY - February 19, 2010 - (RealEstateRama) -- You’re invited to The 505 Condominium Residences for complimentary chair massages, manicures, and make up applications. Come relax and rejuvenate in one of Hell's Kitchen's hottest real estate developments on Friday, February 26th. A gourmet lunch will be provided. Space is limited and RSVP is required.
Schumer Reveals: President Obama’s Budget Includes Up To $75 Million Yearly In Federal Funding...
Washington, DC - February 18, 2010 - (RealEstateRama) -- Today, U.S. Senator Charles E. Schumer pledged his support for the New York City Housing Authority’s (NYCHA)
New York City Industrial Development Agency Assists Hindustan Granites to Expand in Brooklyn
New York, NY - February 4, 2010 - (RealEstateRama) -- The New York City Industrial Development Agency (NYCIDA) approved an incentive package that will help Hindustan Granites Inc. acquire and renovate a 31,000-square-foot industrial facility in the Greenpoint section of Brooklyn.
Governor’s cuts to MTA payroll tax do not go far enough
Albany, NY - February 10, 2010 - (RealEstateRama) -- Gov. David A. Paterson’s proposed cuts to the Metropolitan Commuter Transportation Mobility Tax in his 21-day budget amendments are inadequate and New York’s 54,000 REALTORS strongly oppose shifting the cost to workers and businesses from one part of the MTA region to another.
New York City Industrial Development Agency Approves Incentives for First Two Supermarkets Under the...
New York, NY - February 9, 2010 - (RealEstateRama) -- New York City Industrial Development Agency (NYCIDA) today approved two tax incentive packages that will assist in the development of two new supermarkets in the Bronx.
InterContinental New York Times Square Appoints Hospitality Stars to Open the Largest New-Build Hotel...
ATLANTA, GA - February 9, 2010 - (RealEstateRama) -- InterContinental Hotels and Resorts announced today the appointment of Andrew (Drew) Schlesinger as general manager and Linda Hodgson as director of sales and marketing for the InterContinental New York Times Square. Currently under construction, the hotel is scheduled to open in July 2010.
Mayor Bloomberg, Environmental Protection Commissioner Holloway Launch New Program to Relieve Water Debt and...
New York, NY - February 8, 2010 - (RealEstateRama) -- Mayor Michael R. Bloomberg and Department of Environmental Protection Commissioner Cas Holloway today launched the Water Debt Assistance Program, a new initiative that will temporarily relieve homeowners at risk of foreclosure of past-due water and sewer debt.
Gillibrand Introduces Solar Energy Legislation
Washington, DC - February 5, 2010 - (RealEstateRama) -- U.S. Senator Kirsten Gillibrand introduced legislation this week to encourage the installation of 10 million solar systems on the rooftops of homes and businesses over the next decade.
Harlem Condominium Development 2280 FDB Approved for FHA-Backed Loans
New York, NY - February 4, 2010 - (RealEstateRama) -- Halstead Property Development Marketing and RGS Holdings, LLC, in conjunction with Goldman Sachs Urban Investment Group and JP Morgan Chase Community Development, today announced that 2280 Frederick Douglass Boulevard has been approved by the Federal Housing Administration’s mortgage program. The 12-story new construction condominium development in Harlem, will now allow qualified buyers to purchase a new home with a down payment between 5 and 10%.
Hinchey, Cummings Leading Effort in Congress to Convince Obama Administration to Reverse Plan &...
Washington, DC - February 4, 2010 - (RealEstateRama) -- With the strength of the housing market linked directly to overall economic prosperity, Congressman Maurice Hinchey (D-NY) and Congressman Elijah Cummings (D-MD) are leading the effort in Congress to convince the Obama administration and Federal Reserve to reverse course and continue several key programs due to soon expire or change that are critical to keeping mortgage rates low and making homeownership more attainable.
