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Yearly Archives: 2013

RKF Completes Retail Leasing Assignment at The Mark Hotel

NEW YORK, NY - January 28, 2013 - (RealEstateRama) -- RKF has completed the leasing assignment at the base of The Mark Hotel at 992-998 Madison Avenue on behalf of ownership Alexico Group. All of the hotel’s ground floor retail space, which is located on Madison Avenue and 77th Street, is now leased.

Mangano Announces Housing And Individual Assistance Extension For Hurricane Sandy Victims

New York, NY - January 28, 2013 - (RealEstateRama) -- Nassau County Executive Edward P. Mangano announced today that the Federal Emergency Management Agency (FEMA) has approved a 14-day extension to the Transitional Sheltering Assistance (TSA) program and a 30-day extension for the Individual Assistance (IA) program. This action will allow eligible survivors from Hurricane Sandy who cannot return to their homes to stay in participating hotels or motels and enable eligible individuals the ability to receive Federal assistance for repairing their damaged properties.

Governor Cuomo Announces First Phase of Redevelopment of Richardson Olmsted Complex in Buffalo

Albany, NY - January 28, 2013 - (RealEstateRama) -- Governor Andrew M. Cuomo and the Richardson Center Corporation (RCC) today announced the first phase of redevelopment of the Richardson Olmsted Complex, a National Historic Landmark in Buffalo. The state support for the redevelopment of the 19th century complex will leverage private investment and create over 500 construction jobs and up to 90 permanent full-time jobs

Governor Cuomo Announces Ground-Breaking of First Project to Implement Medicaid Redesign Team Savings for...

Albany, NY - January 25, 2013 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced that Volunteers of America-Greater NY and the Housing Collaborative have broken ground on Creston Avenue Residence, located at 2382-2388 Creston Avenue in the Fordham section of the Bronx, the first supportive housing development under the state’s Medicaid Redesign Team (MRT) Housing Capital Program.

Maloney praises the nomination of Richard Cordray to head the CFPB

WASHINGTON, DC - January 25, 2013 - (RealEstateRama) -- Today, Rep. Carolyn Maloney (D-12-NY) welcomed President Obama’s re-nomination of Richard Cordray to lead the Consumer Financial Protection Bureau (CFPB) and issued the following statement

Governor Cuomo Announces Housing and Individual Assistance Extension for Hurricane Sandy Victims

Albany, NY - January 25, 2013 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced that the Federal Emergency Management Agency (FEMA), at the request of the State of New York, has approved a 14-day extension to the Transitional Sheltering Assistance (TSA) program and a 30-day extension for the Individual Assistance (IA) program. This action will allow eligible survivors from Hurricane Sandy who cannot return to their homes to stay in participating hotels or motels and enable eligible individuals the ability to receive federal assistance for repairing their damaged properties.

SL Green Receives Energy Star Label For Fifteen New York City Buildings

New York, NY - January 24, 2013 - (RealEstateRama) -- SL Green Realty Corp. (NYSE: SLG) announced today that fifteen buildings in its New York City portfolio are recipients of the prestigious U.S. Environmental Protection Agency's (EPA) Energy Star Label.

Bozzuto Announces 460 New York Avenue, NW

Washington DC - January 23, 2013 - (RealEstateRama) -- Bozzuto Homes, a division of The Bozzuto Group, a Greenbelt, MD-based real estate services company, announced details of a new 63-unit condominium development located at 460 New York Avenue NW in the revitalized Mount Vernon Triangle neighborhood. Located at the corner of L Street and New York Avenue NW, the new 11-story development is an adaptive re-use of an existing 1929 building on a key prominent site; one of the last available in the Mount Vernon Triangle area.

Mayor Bloomberg Announces Winner Of Adapt Nyc Competition To Develop Innovative Micro-Unit Apartment Housing...

New York, NY - January 23, 2012 - (RealEstateRama) -- Mayor Michael R. Bloomberg, Deputy Mayor for Economic Development Robert K. Steel and Department of Housing Preservation and Development Commissioner Mathew M. Wambua announced today that the winner of the adAPT NYC Competition is a development team composed of Monadnock Development LLC, Actors Fund Housing Development Corporation, and nARCHITECTS. The development team was chosen through a competitive Request for Proposals to design, construct and operate the city’s first micro-unit apartment building on a City-owned site at 335 East 27th Street in Manhattan.

SBA Disaster Loan Important for Homeowners and Renters

NEW YORK, NY - January 23, 2012 - (RealEstateRama) -- Of the more than 161,000 low-interest U. S. Small Business Administration disaster loan applications sent to New York’s Hurricane Sandy survivors, fewer than 34,000 have been completed and returned.

MAYOR BLOOMBERG ANNOUNCES WINNER OF adAPT NYC COMPETITION TO DEVELOP INNOVATIVE MICRO-UNIT APARTMENT HOUSING...

New York, NY - January 22, 2012 - (RealEstateRama) -- Mayor Michael R. Bloomberg, Deputy Mayor for Economic Development Robert K. Steel and Department of Housing Preservation and Development Commissioner Mathew M. Wambua announced today that the winner of the adAPT NYC Competition is a development team composed of Monadnock Development LLC, Actors Fund Housing Development Corporation, and nARCHITECTS. The development team was chosen through a competitive Request for Proposals to design, construct and operate the city’s first micro-unit apartment building on a City-owned site at 335 East 27th Street in Manhattan.

2012 housing market posts strong gains: Recovery is at hand with sales and price...

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.

New York Realtor adopts IDX Broker to display thousands of property listings

EUGENE, OR - January 21, 2012 - (RealEstateRama) -- IDX, Inc. welcomes Jennifer Cyrier, the latest real estate professional to integrate a customizable IDX solution onto her realty website, to the growing network of agents and broker who have proved themselves as smarter agents through their use of IDX Broker software. Cyrier now hosts a dynamic online real estate search page where she can display thousands of Empire Access MLS (EAMLS) properties effortlessly and seamlessly on her own custom real estate website. Clients of Cyrier can experience a new level of access and ease throughout their online property search thanks to the innovative IDX solution Cyrier has enabled for her website

Mangano Reminds Residents Of January 18th Deadline For STEP Program

New York, NY - January 18, 2012 - (RealEstateRama) -- Nassau County Executive Edward P. Mangano reminds residents today that the deadline for filing applications for the Sheltering and Temporary Essential Power (STEP) program is Friday, January 18, 2013. The program provides emergency assistance with restoring temporary electricity, heat and hot water to homes which can shelter homeowners while permanent repair work continues.

Advanced online search capabilities enable simple, easy-to-use real estate search on IDX enabled page...

EUGENE, OR - January 18, 2012 - (RealEstateRama) -- Today, IDX Broker software has been integrated onto yet another professional real estate website, this time by Harry Zikos. IDX, Inc. has synchronized the website Zikos hosts with a dynamic IDX solution, making the search page of Zikos monumentally more helpful to New York home seekers. Finding a home in Astoria, New York has never been easier, thanks to the online real estate resource IDX Broker and the Long Island MLS (MLSLI) supply to potential buyers. By choosing a customizable IDX solution for his website, Zikos has become a smarter agent, better serving his clients and their every real estate need.

FEMA Rental Assistance May be Used for Security Deposits

NEW YORK, NY - January 17, 2012 - (RealEstateRama) -- As the Jan. 28, 2013 deadline to register for FEMA assistance approaches in New York, recovery officials want to make sure Hurricane Sandy survivors know that they may be able to use Temporary Rental Assistance funds to help pay for a security deposit

A.G. Schneiderman Details Results For Homeowner Protection Program In Hudson Valley

POUGHKEEPSIE - January 16, 2012 - (RealEstateRama) -- Attorney General Eric T. Schneiderman today announced the results of the Homeowner Protection Program (HOPP), a $60 million initiative to support housing counselors and legal services providers working with homeowners at risk of foreclosure across the State of New York. Attorney General Schneiderman reported that in just the first three months of the program, 731 at-risk homeowners in the Hudson Valley have received assistance, and roughly 3,600 have been served throughout New York State

Mangano: Nassau Converting Foreclosed Houses Into Homes For First-Time Buyers

New York, NY - January 16, 2012 - (RealEstateRama) -- With a growing need for affordable housing, Nassau County Executive Edward P. Mangano announced a program that enables the county’s partners in the Neighborhood Stabilization Program to rehabilitate foreclosed houses with Federal funds for purchase by first-time home buyers.

BROOKLYN REAL ESTATE DEVELOPER CHARGED IN $2 MILLION MORTGAGE FRAUD SCHEME

New York, NY - January 16, 2012 - (RealEstateRama) -- Brooklyn-based real estate developer Schelton Assoumou was arrested today on charges of bank fraud and wire fraud for his participation in a multi-year mortgage fraud scheme. The defendant’s initial appearance is scheduled this afternoon before United States Magistrate Judge Robert M. Levy at the U.S. Courthouse, 225 Cadman Plaza East, Brooklyn, New York

SCHUMER: HOMEOWNERS IMPACTED BY SANDY STILL AWAITING NEW ELEVATION MAPS THAT ARE NECESSARY TO...

New York, NY - January 15, 2012 - (RealEstateRama) -- U.S. Senator Charles E. Schumer today called on the Federal Emergency Management Agency (FEMA) to expeditiously release the new Advisory Base Flood Elevation (ABFE) maps for homeowners impacted by Superstorm Sandy and waiting to rebuild. Thousands and thousands of homes across New York City were significantly damaged after the storm and many homeowners are in desperate need of updated elevation requirements before they raise homes or rebuild new ones.

Report: NYC’s Low Rental Registration Compliance Could Interfere with the City’s Response to Emergencies

NEW YORK, NY - January 15, 2012 - (RealEstateRama) -- Two-thirds of New York City residents live in homes that are owned and maintained by others. Yet the city’s system for tracking who owns those rental properties—a crucial resource in times of crisis, like Hurricane Sandy—is falling short. A new report by NYU’s Furman Center for Real Estate and Urban Policy finds that the vast majority of landlords required to register with the city fail to do so.

Tips from NYSERDA for Preventing Ice Dams

New York, NY - January 15, 2012 - (RealEstateRama) -- If you see ice build-up and icicles hanging from the eaves of your home, you may have an ice dam, a major cause of roof leaks and energy loss in winter. Take steps now to prevent ice dams, recommends the New York State Energy Research and Development Authority (NYSERDA).

SL Green Realty Corp. To Release Fourth Quarter and Full Year 2012 Financial Results...

New York, NY - January 15, 2012 - (RealEstateRama) -- SL Green Realty Corp. (NYSE: SLG) announced today that it will release earnings for the fourth quarter and full year 2012 on Wednesday, January 30, 2013 after market close.

County Executive Bellone Reminds Residents About NYS Home Energy Assistance Program (HEAP)

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

After Sandy, Silver Advances Legislation to Protect Home and Business Owners

New York, NY - January 14, 2012 - (RealEstateRama) -- In the wake of the devastating and unprecedented damage caused by Superstorm Sandy, Assembly Speaker Sheldon Silver (D-Manhattan) today announced a bill (A-2287)) to create the Homeowners Bill of Rights to protect hard hit families from unscrupulous actions by insurance companies. He also announced a second bill (A-1092), sponsored by Assemblyman James Skoufis (D-Woodbury), requiring insurance companies to promptly process claims resulting from storm damage.