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Yearly Archives: 2013

COMPTROLLER LIU REJECTS $91 MILLION HOMELESS SHELTER CONTRACT

NEW YORK, N.Y. - February 7, 2013 - (RealEstateRama) -- New York City Comptroller John C. Liu today rejected a 21-year, $91 million contract for a homeless shelter in the Bronx amid questions concerning the legitimacy of the required approval process represented to the U.S. Department of Housing and Urban Development (“HUD”) in seeking approval for the project. Comptroller Liu’s office was unable to verify whether the City properly followed federal regulations in the disposition of the former Muller Army Reserve Center (“the Center”), located at 555 Nereid Avenue, in the Wakefield section of the Bronx. The City wants to use the site as 200-bed shelter for homeless men.

THE MOINIAN GROUP GETS ‘F’ FROM NEW YORKERS

New York City - February 7, 2013 - (RealEstateRama) -- Hundreds of supporters joined elected officials, construction, building operations, and maintenance workers to give The Moinian Group failing grades on tenant relations, safety, financial stability, vendor relations and good jobs at the corner of Broadway and Barclay streets

MAYOR BLOOMBERG ANNOUNCES CITY’S PLANS FOR NEW HURRICANE SANDY RECOVERY INITIATIVES TO BE FUNDED...

New York, NY - February 6, 2013 - (RealEstateRama) -- Mayor Michael R. Bloomberg today announced that New York City plans to spend its initial allocation of $1.77 billion in Community Development Block Grants to address the most urgent housing, business and infrastructure needs in the neighborhoods hardest hit by Hurricane Sandy through eight new programs. The new programs fall into three categories of immediate need: housing recovery, business recovery and infrastructure resiliency.

REBNY’s Residential Management Council Releases Residential Property Management Catalogue

New York, NY - February 6, 2013 - (RealEstateRama) -- The Real Estate Board of New York’s (REBNY) Residential Management Council (RMC), in a continuing effort to expedite the management selection process for residential building owners and boards of directors, has created a catalogue of New York City’s most proven residential property management companies.

NYSERDA Awards Green Jobs-Green NY Funding for Building-Science ‘Lab House’ at SUNY Ulster

New York, NY - February 5, 2013 - (RealEstateRama) -- The New York State Energy Research and Development Authority (NYSERDA) today announced a $205,000 award funded through New York State’s Green Jobs-Green New York to Integral Building Design Inc. of New Paltz. Integral Building Design is partnering with SUNY Ulster to turn Kelder House, one of its original campus buildings, into a state-of-the-art energy efficiency building-science “lab house” training facility.

An SBA disaster loan can be smart business

NEW YORK, NY - February 5, 2013 - (RealEstateRama) -- Survivors may not know about disaster help from the U.S. Small Business Administration that could lead to a smarter, faster recovery for businesses, homeowners or private nonprofits. There’s a loan for lost business caused by Hurricane Sandy. There’s also a loan available to a homeowner association to have a common area fixed, and there’s good news about when the first payment on any disaster loan is due.

NYC REAL ESTATE BROKER CONFIDENCE STARTS OUT STRONG IN 2013

New York, NY - February 5, 2013 - (RealEstateRama) -- New York City residential and commercial real estate broker confidence was at its highest levels of the last eight months in January 2013, according to the Real Estate Board of New York’s (REBNY’s) monthly Broker Confidence Index.

NYSTRS Appoints Gillan and Indelicato to Executive Staff; Virtanen Named Managing Director of Private...

ALBANY, N.Y. - February 5, 2013 - (RealEstateRama) -- David C. Gillan has been appointed managing director of real estate for the New York State Teachers’ Retirement System (NYSTRS). He succeeds John W. Virtanen, who has been named managing director of private equity for the System. In addition, Joseph J. Indelicato Jr. has been appointed the System’s general counsel. He succeeds Wayne Schneider who retired after more than 20 years at NYSTRS.

For continued rental assistance, survivors must re-certify

NEW YORK, NY - February 5, 2013 - (RealEstateRama) -- The Federal Emergency Management Agency understands that some survivors may need additional temporary rental assistance to help them achieve their permanent housing goals

Statement on the Passing of Former NYC Mayor Ed Koch

New York, NY - February 5, 2013 - (RealEstateRama) -- The Furman Center for Real Estate and Urban Policy was saddened to learn of the passing of former New York City Mayor Ed Koch last Friday.

DOS Hosts State Fire Prevention and Building Code Council Public Meeting

ALBANY - February 4, 2013 - (RealEstateRama) -- The New York Department of State will host a public meeting of the State Fire Prevention and Building Code Council on Wednesday February 13, 2013,10:00 a.m.at the Department of State, 99 Washington Avenue in Albany, 123 William Street in NYC, and 65 Court Street in Buffalo. The Department’s Division of Code Enforcement and Administration oversees the enforcement practices of local governments in matters pertaining to building construction, fire prevention, and energy conservation. The meeting will be held via Videoconferencing.

Governor Cuomo Announces Initiatives to Help New York Dairy Farmers Increase Profitability and Reduce...

New York, NY - February 4, 2013 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced two programs that will help dairy farmers in New York expand their businesses, increase profitability and reduce their energy costs. These initiatives were the result of recommendations advanced at Governor Cuomo’s Yogurt Summit, which convened last summer to hear ideas from industry leaders, farmers and other stakeholders to ensure that the yogurt industry continues to grow and create jobs in New York

Michael DeRosa continues to make Alliance Real Estate Specialists state-of-the-art with IDX Broker software

EUGENE, OR - February 4, 2013 - (RealEstateRama) -- Michael DeRosa continues to bring modern technology to his clients with the addition of IDX Broker, Inc. to the Alliance Real Estate Specialists website. IDX Broker software is the most highly customizable product of its kind, providing prospective homebuyers with the most comprehensive real estate search on the web. This technology will enable seamless integration with local realtors' New York State Alliance MLS (NYSAM) systems, allowing DeRosa to service Alliance Real Estate Specialists clients searching for property in Auburn, New York and beyond.

FEMA approves $80 million to help NY communities rebuild from Sandy

NEW YORK, NY - February 4, 2013 - (RealEstateRama) -- The State of New York and the Federal Emergency Management Agency announce the approval of more than $80 million in Public Assistance grants to help communities clean up and recover from Hurricane Sandy.

STATEMENT OF MAYOR BLOOMBERG ON IMPORTANT HOUSING AND PENSION LEGISLATION SIGNED BY GOVERNOR CUOMO

New York, NY - February 1, 2013 - (RealEstateRama) -- “Today Governor Cuomo signed two important bills into law that were passed by the Legislature earlier this week. The first piece of legislation revitalizes the J-51 program for the first time in nearly 20 years and will incentivize residential building owners to make improvements on their properties – fixing essential, building-wide systems and improving the long-term stability of buildings

NYSERDA Announces Energy Efficiency Project at SUNY Canton in Support of Governor Cuomo’s Build...

New York, NY - January 31, 2013 - (RealEstateRama) -- The New York State Energy Research and Development Authority (NYSERDA) announced an energy efficiency project at the State University of New York (SUNY) at Canton that is projected to save the college more than $236,000 and result in the avoidance of over 800 tons of greenhouse gas emissions annually

NYSERDA Support for Energy Efficiency Projects Helps D’Youville College Reduce Annual Costs by $73,500

New York, NY - January 31, 2013 - (RealEstateRama) -- The New York State Energy Research and Development Authority (NYSERDA) announced today that it has awarded D’Youville College in Buffalo $155,000 to support energy efficiency upgrades to its six-story, mixed-use academic facility

MAYOR BLOOMBERG AND NYCHA CHAIRMAN RHEA ANNOUNCE ACTION PLAN TO ELIMINATE BACKLOG OF MAINTENANCE...

New York - January 31, 2013 - (RealEstateRama) -- Mayor Michael R. Bloomberg and New York City Housing Authority Chairman John Rhea today announced an aggressive plan with the goal of eliminating the backlog of 420,000 open repair work orders in NYCHA properties. Sustained underfunding by the Federal government has forced NYCHA to cut maintenance and repair staff, while at the same time, NYCHA properties that were constructed decades ago have suffered, as federal capital improvement and repair funding has also declined.

MAYOR BLOOMBERG ANNOUNCES NEW MEASURES TO ALLOW HOME AND PROPERTY OWNERS REBUILDING AFTER HURRICANE...

New York - January 31, 2013 - (RealEstateRama) -- Mayor Michael R. Bloomberg today announced new measures that New York City has put in place to allow home and property owners who are rebuilding after Hurricane Sandy to meet new flood standards without violating current zoning codes. The Mayor signed an emergency executive order to suspend height and other restrictions so that buildings can meet new flood elevation standards

Building better and smarter can start with an SBA Disaster Loan

NEW YORK, NY - January 31, 2013 - (RealEstateRama) -- Protection from future severe weather damage can begin with a low-interest U.S. Small Business Administration disaster loan for eligible homeowners, businesses and private nonprofits.

A.G. Schneiderman Launches Post-Sandy Insurance Outreach And Advocacy Program To Assist Struggling Homeowners

NEW YORK, NY - January 30, 2013 - (RealEstateRama) -- Attorney General Eric T. Schneiderman today announced the creation of an initiative to assist homeowners who are struggling to maintain and repair their homes in the wake of Hurricane Sandy. In response to consumer complaints, the program will address issues related to the collection of insurance claims and other disaster-related benefits in light of the impact these issues are having on homeownership and foreclosure prevention

NY 13365 – SBA Deadline for Physical Damage Extended to Feb. 27; Disaster Loan...

ATLANTA - January 30, 2013 - (RealEstateRama) -- The U. S. Small Business Administration has extended the deadline for Hurricane Sandy survivors in New York to return their low-interest loan applications for physical damage to Feb. 27, 2013. Also, SBA announced the opening of a Disaster Loan Outreach Center (DLOC) in Brooklyn, NY today, Jan. 28 at 8 a.m. The Center provides one-on-one assistance to homeowners, renters and business of all sizes seeking disaster assistance for losses caused by Hurricane Sandy.

Elevating Your Home Above Future Flooding

NEW YORK, NY - January 30, 2013 - (RealEstateRama) -- Hurricane Sandy survivors repairing their homes with an eye toward avoiding damage from future storms can take several steps to rebuild stronger and safer.

STATEMENT OF MAYOR BLOOMBERG ON PASSAGE OF IMPORTANT HOUSING BILL BY STATE LEGISLATURE

New York, NY - January 29, 2013 - (RealEstateRama) -- “This legislation will help incentivize residential building owners to make improvements on their properties – fixing essential, building-wide systems and improving the long-term stability of buildings. It will also allow for more streamlined administration of the program, which will provide for quicker application approval times and greater transparency. That’s great news for New York City’s tenants – it means they will have access to safe, affordable and decent housing for years to come

Assembly Passes Landmark Legislation to Give Hundreds of Thousands of New York City Homeowners...

New York, NY - January 29, 2013 - (RealEstateRama) -- Assembly Speaker Sheldon Silver (D-Manhattan) and Housing Committee Chairman Keith L.T. Wright (D-Manhattan) today announced passage of landmark legislation (A.3354) to provide hundreds of thousands of New York City homeowners with significant property tax relief and create new affordable housing while spurring economic development and expanding the Loft Law. The bill expands New York City's Condominium and Cooperative real property tax abatement program by phasing out benefits to non-primary residences and spreading the benefit to hundreds of thousands of low and middle income homeowners. The value of the tax abatement will be phased in over three years based on the assessment of the home.