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Yearly Archives: 2010

Schumer, Long An Advocate For Affordable Housing For Seniors, Hails Major Milestone In Improvement...

New York, NY - September 30, 2010 - (RealEstateRama) -- U.S. Senator Charles E. Schumer (D-NY) today announced a major milestone for seniors across the country as legislation he sponsored passed the Senate Banking Committee.

Westchester County homes synced to website of Realtor Chirag Shah with IDX Broker

EUGENE, OR - September 29, 2010 - (RealEstateRama) -- Westchester-Putnam MLS (WPMLS) listings just became easier to search for, on the new IDX enabled website of real estate professional Chirag Shah. IDX, Inc. has delivered New York home seekers with a unique and comprehensive online property search experience. Shah and his clients can rest assured that his website hosts the best home search tools available online. Never before have WPMLS listings been simpler to display or search through than on the dynamic IDX synced website Shah hosts

CoBroke MLS Offers New Multiple Listing Service Across The Entire State of New York

NEW YORK, NY - September 24, 2010 - (RealEstateRama) -- Real estate brokers all over New York can now list and sell properties throughout the entire state with a new, web-based multiple listing service. CoBroke MLS, a computerized database designed for real estate agents to share listing information with other professionals within its network, helps brokers avoid referral fees and fines. It also opens up a wide range of opportunities for agents to list and sell properties beyond the limitations of local multiple listing services.

NYCEDC Seeks Developer For Willoughby Square Project

New York, NY - September 23, 2010 - (RealEstateRama) -- New York City Economic Development Corporation (NYCEDC) today issued a Request for Proposals (RFP) for a developer to construct an approximately 1.15-acre street-level public space to be located on top of underground parking garage that it will also construct and operate.

New York State housing market sales rise slightly in August; still below year-ago mark

Albany, NY - September 23, 2010 - (RealEstateRama) -- Statewide sales of existing single-family homes in New York State increased in August from July by 3.7 percent, but remained 30-percent below the August 2009 total, according to the preliminary single-family sales data accumulated by the New York State Association of REALTORS.

New York’s Top Housing Official Announces Consolidation of Housing Agencies to Form Single New...

Albany, NY - September 22, 2010 - (RealEstateRama) -- The State's main housing agencies have been integrated under a single leadership structure to form a new organization well-equipped to respond to the growing need for affordable housing in New York.

New York State Housing Agencies Approve $263 Million in Financings and Awards to Build...

NEW YORK, NY - September 17, 2010 - (RealEstateRama) -- New York State's housing agencies have approved $263.1 million in financings and grants to build and renovate affordable housing, promote business development and create jobs.

Governor Paterson Announces $28 Million in Awards to Not-for-Profit Groups for Important Housing Programs

Albany, NY - September 16, 2010 - (RealEstateRama) -- Governor David A. Paterson today announced 94 awards totaling more than $28 million to not-for-profit housing agencies and local governments across the State that will help to build, rehabilitate or modify 1,472 homes for low-income families, people with disabilities and frail elderly homeowners and tenants.

IDX solution displays upstate New York property listings on real estate website and search...

EUGENE, OR - September 15, 2010 - (RealEstateRama) -- New York Realtor Stephen Grifferty has adopted the dynamic IDX, Inc. IDX Broker software for his real estate website, syncing thousands of Capitol Region MLS (CRMLS) property listings with his page. The tools available on the search page of Grifferty give home seekers around Schenectady more options that ever when looking for a home online. His website should be the first stop for anyone considering purchasing a property in upstate New York.

New Jersey Woman Pleads Guilty to Operating $45 Million Real Estate Investment Ponzi Scheme

NEW YORK, NY - September 14, 2010 - (RealEstateRama) -- Antoinette Hodgson pleaded guilty today to conspiracy to commit wire fraud in connection with her operation of a $45 million Ponzi scheme that fraudulently solicited investments in real estate from more than 20 New York and New Jersey investors, announced Preet Bharara, U.S.

Leading Real Estate Attorney Joins Nixon Peabody’s Rochester Office; John D’Amanda Is Well Known...

September 13, 2010 - (RealEstateRama) -- Mr. D’Amanda focuses his practice on commercial real estate, including development and land use, mortgage and asset lending, foreclosures and workouts, and succession planning for family land holdings. Mr. D’Amanda was drawn to the firm because of the depth of Nixon Peabody’s real estate practice firmwide and the reputation of that group in the Rochester community and throughout Upstate New York.

The General Colin L. Powell Apartments, The First Newly Built Multifamily Co-op In Bronx...

Bronx, NY - September 9, 2010 - (RealEstateRama) -- General Colin L. Powell visited his childhood neighborhood in the South Bronx today to welcome families to their new affordable co-op homes in a building named in his honor.

SONYMA Mortgage Rates Reduced to Lowest Level in 40 Years

New York, NY - September 7, 2010 - (RealEstateRama) -- The State of New York Mortgage Agency (SONYMA) is now providing the lowest interest rates ever offered for its two primary programs in the agency's 40-year history.

Banks Meet September First Deadline On Foreclosure Relief

NEW YORK, NY - September 1, 2010 - (RealEstateRama) -- New York City Comptroller John C. Liu today announced that talks have officially begun between his office and five of the City’s largest banks on steps the banks can take to reform the loan modification process, improve customer service and help save more New Yorkers from foreclosure.

Mayor Bloomberg, Senator Schumer, Congressman Serrano, Speaker Quinn and City Housing Officials Cestero and...

New York, NY - September 7, 2010 - (RealEstateRama) -- Mayor Michael R. Bloomberg, Senator Charles E. Schumer, Congressman Jose E. Serrano, City Council Speaker Christine C. Quinn, New York City Department of Housing Preservation and Development Commissioner Rafael E. Cestero and New York City Housing Development Corporation President Marc Jahr today announced a plan to improve conditions at 1520 Sedgwick Avenue in the South Bronx

+ART, NEW CONDO DEVELOPMENT IN WEST CHELSEA PARTNERS WITH ART NON-PROFITS CHASHAMA AND CANNERY...

New York, NY - August 31, 2010 - (RealEstateRama) -- +aRt, a new condominium development in the heart of West Chelsea’s art district, Chashama, an organization that transforms donated retail storefronts in New York City into art exhibitions, and Cannery Works, a non-profit arts catalyst in support of debut projects, have partnered to present a new two-part art exhibition series this fall, beginning with Jason Covert’s CARNIVORA which opens to the public on September 16.

Schumer Announces Nearly $2 Million Coming To Jamestown In Housing Grants

Washington D.C. - August 30, 2010 - (RealEstateRama) -- Today, U.S. Senator Charles E. Schumer announced that the City of Jamestown has been awarded $1,940,046 in housing grants from the U.S. Department of Housing and Urban Development (HUD).

Real Estate Attorney and Loan Officer Found Guilty in Multi-Million-Dollar Mortgage Fraud Scheme at...

New York, NY - August 27, 2010 - (RealEstateRama) -- PREET BHARARA, the United States Attorney for the Southern District of New York, announced that RAVI PERSAUD,

Governor Paterson Announces $119 Million in Statewide Housing and Community Revitalization Awards

Albany, NY - August 27, 2010 - (RealEstateRama) -- Governor David A. Paterson today announced $119 million in housing and community renewal awards to help communities across the State develop affordable housing, revitalize downtowns, and upgrade water and sewer systems.

Mayor Ryan, Binghamton Housing Authority and Community Partners Cut the Ribbon on New 8-Unit,...

BINGHAMTON, NY - August 26, 2010 - (RealEstateRama) -- Mayor Matt Ryan today joined Binghamton Housing Authority Executive Director David Tanenhaus and community partners to cut the ribbon on a new eight-unit, handicap accessible, energy efficient, affordable housing project at 4-6 Lisle Avenue.

Redefault Rates on Loan Modifications Actually Improving, Says State Foreclosure Prevention Working Group

New York, NY - August 24, 2010 - (RealEstateRama) -- While the number of foreclosures continues to seriously outpace the number of loan modifications being made, there are reasons to be optimistic about the performance of those loan modifications. According to a report issued today by the State Foreclosure Prevention Working Group, recent loan modifications are performing better than modifications made earlier in the mortgage crisis.

New York State housing market slows after June tax credit sales rush

Albany, NY - August 24, 2010 - (RealEstateRama) -- Statewide sales of existing single-family homes in New York State fell by 50 percent in July compared to the record-setting June total, which was bolstered by buyers who closed before the then-June 30 federal homebuyer tax credit deadline.

Senate Bill Guaranteeing Protections for Tenants of Foreclosed Buildings Signed into Law

New York, NY - August 19, 2010 - (RealEstateRama) -- Senator Andrea Stewart-Cousins (35th District – D/WF) announced that a new law guaranteeing greater protections (S7139) for tenants of buildings in foreclosure has been signed into law.

Construction Begins on 35-Unit Senior Citizen Development in South Buffalo

Albany, NY - August 18, 2010 - (RealEstateRama) -- Buffalo Regional Office Director, Tom VanNortwick, was on hand recently to help break ground on Holy Family Senior Apartments in South Buffalo.

Beacon Towers Harlem Residental Development Offers Cash Incentive To Brokers

New York, NY- August 11, 2010 - (RealEstateRama) -- Strategic Development and Construction Group and Lemle & Wolff, Inc. developers of Beacon Towers, a new cooperative residential development in Harlem, today announced that they are offering a cash incentive to buyer’s agents whose clients close on units at Beacon Towers. Brokers representing buyers who successfully purchase and close at Beacon Towers will now receive a $1,000 bonus paid for their first closing, $2,500 for their second closing and $3,500 for their third closing.