Governor Cuomo Announces $22.6 Million to Improve 1,166 Homes and Expand Homeownership Opportunities

Announcement Made at Rochester Housing, Community and Faith-Based Development Conference to Encourage More Housing, Increase Access to Services, and Revitalize Neighborhoods Throughout the Finger Lakes

2015 New York State housing market sales reach highest level since mid-2000s

Closed sales of residential properties in New York State grew by 8 percent in 2015 to reach 116,671, marking three consecutive years of sales exceeding the 100,000 mark, according to the annual housing market report released today by the New York State Association of REALTORS. The 2015 annual median sales price of $230,000 represents a 2.2-percent increase from 2014.

NEW COMMUNICATIONS TOWER GOES UP AT NYPA’S BLENHEIM-GILBOA POWER PROJECT

GILBOA—Workers put finishing touches Jan. 14 on a new communications tower at the New York Power Authority’s Blenheim-Gilboa Power Project that will boost cellphone service in Schoharie County. The 260-foot tower, near the project’s upper reservoir, replaces a smaller one used to communicate equipment readings to the hydroelectric plant below. It is the centerpiece of an agreement between NYPA and Verizon to improve cellular communications along the Route 30 corridor, between the towns of Middleburgh and Grand Gorge.

Banks steal millions from minority, low-income Westchester homeowners: IDC releases “The Next Great American...

Senators Jeff Klein (D-Bronx/Westchester) and Mayor Rich Thomas (D-Mount Vernon) on Monday unveiled “The Great American Bank Robbery,” a distressing report detailing the over $19 million dollar price tag that neglected, bank-owned and zombie properties cost communities throughout Westchester

A.G. Schneiderman Announces Major Settlement with Africa Israel over Condominium Development Practices

Attorney General Eric T. Schneiderman today announced a settlement with several subsidiaries of the publicly-traded conglomerate Africa Israel Investments Limited that requires the developer to complete 15 Broad Street in Manhattan, which has been stalled for nearly a decade and surrender control of the building to the condominium owners, to resolve defect claims at three condominiums in Manhattan and Brooklyn, and to pay $2 million to New York City to compensate for improper receipt of tax benefits.

Statement From Deputy Mayor Alicia Glen And NYCEDC President Maria Torres-Springer on 2015 Venture...

Reports on PricewaterhouseCoopers LLP and the National Venture Capital Association’s analysis of Venture Capital funding indicate that $5.95 billion of venture-capital funding was invested in New York City companies in 2015, up 62 percent from the $3.67 billion invested in 2014. In total, there were 395 venture-capital deals in 2015, up from 367 the previous year.

Governor Cuomo Announces $26.3 Million in State Grants and Loans For Water Infrastructure Projects

Governor Andrew M. Cuomo today announced $26.3 million in grants and interest-free loans to support seven vital environmental improvement projects across the state. "Today we are continuing to revitalize local infrastructure and improve communities across the state," said Governor Cuomo.

New York State Announces Progress to Address Contamination at Saint-Gobain Performance Plastics Site and...

The New York State Department of Environmental Conservation (DEC) and Department of Health (DOH) today called on the U.S. Environmental Protection Agency (EPA) to add the Saint-Gobain Performance Plastics Corporation McCaffrey Street Plant and other possible sources of contamination in Hoosick Falls to the National Priorities List (NPL) under the federal Superfund program and to undertake a full environmental investigation to address the sources of contamination.

HPD COMMISSIONER BEEN AND HDC PRESIDENT RODNEY ANNOUNCE DEVELOPMENT TEAM DESIGNATED TO BUILD 105...

The New York City Department of Housing Preservation and Development (HPD) Commissioner Vicki Been, and New York City Housing Development Corporation (HDC) President Gary Rodney today announced the selection of a team to develop a site located at St. Ann’s Avenue and East 142nd Street in the Mott Haven neighborhood of the Bronx. The designated team, led by The Community Builders, Inc., was selected through a competitive Request for Proposals (RFP) process

A.G. Schneiderman Announces Convictions Of NYC School Construction And Housing Authority Contractor And Labor...

Attorney General Eric T. Schneiderman and New York City Department of Investigation Commissioner Mark G. Peters announced today the convictions and sentencing of a contractor, Baldlev Singh, who with his brother Avtar Singh, also operated as labor brokers, for underpaying and stealing wages from workers on New York City School Construction Authority (SCA) and New York City Housing Authority (NYCHA) public works projects.

Consumers Expect Lower Household Income, Earnings and Spending Growth

The December 2015 Survey of Consumer Expectations (SCE)results indicate that median expected growth in household income, earnings and especially household spending all declined. Labor market expectations are mixed compared to last month: Perceived layoff risk declined, but the perceived likelihood of finding a new job (if one were to lose their job today) also declined, although it remained at the high end of the range recorded since the inception of the survey

Ulster County Executive Mike Hein Announces Availability Of Funding For 2016 Youth Programs

Ulster County Executive Mike Hein and Youth Bureau Director Evelyn Clarke announce the Ulster County Youth Bureau is accepting Request for Applications for the New York State Office of Children and Family Services (OCFS) Youth Development grants. The Ulster County Youth Bureau administers the Youth Development Program (YDP) and Runaway & Homeless Shelter (RHYA) funding from OCFS and Ulster County to support youth programs.

NEW YORKERS WITH DISABILITIES SHOULD NOT BE PREVENTED FROM RESIDING IN THEIR COMMUNITIES IN...

Right Now, Individuals With Disabilities Who Might Need Help With Everyday Tasks Such as Eating, Dressing, Bathing, Maintaining Meds & More Are Not Given the Option to Live In the Setting of Their Choosing; Schumer Says This Denies People With Disabilities the Freedom to Live Independently

IDC unveils New York 2020 Agenda: A Blueprint for a Better New York

Robust policy package addresses education, housing, jobs and quality-of-life for all New Yorkers Albany, NY– January 8, 2015 – (RealEstateRama) — The Independent Democratic Conference released the New...

COMPTROLLER STRINGER AND HUMAN RESOURCES ADMINISTRATION COMMISSIONER BANKS ANNOUNCE AN OVERHAUL OF CITY’S HIV/AIDS...

In a joint announcement, New York City Comptroller Scott M. Stringer and New York City Human Resources Administration (HRA) Commissioner Steven Banks unveiled today an overhaul of how the City manages and oversees vendors providing a range of housing services to HIV/AIDS Services Administration (HASA) clients, following the release of an audit which found significant weaknesses in HRA’s operations that potentially put vulnerable New Yorkers at risk.

Governor Cuomo Announces Program to Train Fort Drum Military Personnel For Jobs in Solar...

Governor Cuomo announced New York will participate in the U.S. Department of Energy's Solar Ready Vets training program, which will provide military personnel stationed at Fort Drum, NY with technical skills to obtain jobs in the growing solar industry after they transition from active service. This is the first Solar Ready Vets training cohort in New York, and just the eighth offered at military installations in the U.S. The inaugural New York-based class under the program will begin on January 11

Banks steal $16 million from homeowners: IDC unveils “The Next Great American Bank Robbery”

Senators Jeff Klein (D-Bronx Westchester) and Diane Savino (D-SI/Brooklyn), stood with victims and housing advocates today to unveil “The Great American Bank Robbery,” a distressing report detailing the multi-million dollar price tag abandoned and vacant properties cost communities throughout New York City. Joined by foreclosure and legal advocates, they called for a two-step legislative plan to hold banks accountable while ensuring that decaying properties are maintained.

Governor Cuomo Signs Executive Order to Protect Homeless Individuals During Inclement Winter Weather

Governor Andrew M. Cuomo today issued an Executive Order to protect homeless individuals from inclement winter weather where temperatures decline to 32 degrees or below. The order will ensure that homeless individuals are directed to shelter during inclement winter weather which can cause hypothermia, serious injury and death.

Warm Bed Emergency Shelter Relief Program Is Open

With cold weather entering the region, Nassau County Executive Edward P. Mangano reminds residents that Warm Bed, Nassau County’s Emergency Shelter Relief Program, is open to assist homeless individuals and families during the winter months. Yesterday, Governor Cuomo issued an Executive Order that directs homeless individuals to shelter during inclement winter weather which can cause hypothermia, serious injury and death.

NYSERDA Allocates $6 Million to Extend Current Solar Incentives Under NY-Sun Program

The New York State Energy Research and Development Authority (NYSERDA) today announced the reallocation of more than $6 million in unused funds to extend incentives available for solar projects in certain NY-Sun Solar Megawatt (MW) Block programs.

The Emergency Component of the Home Energy Assistance Program (HEAP) opens on Monday, January...

If you have already received a Regular HEAP benefit for the 2015-2016 HEAP season, you may be eligible for another benefit under the Emergency component of HEAP. Regular component benefits must be exhausted first to be eligible for the heating emergencies component for eligible households.

NYSERDA Seeks Proposals for Power Generation Projects Leading to Cleaner Energy Production and Reductions...

NYSERDA Seeks Proposals for Power Generation Projects Leading to Cleaner Energy Production and Reductions in Greenhouse Gases Demonstrations will advance the Reforming the Energy Vision Strategy to Build a Clean, Resilient and Affordable Energy System for all New Yorkers

AFTER HIS URGING, THE SIBLEY BUILDING IN DOWNTOWN ROCHESTER WILL BE AWARDED OVER $40...

Standing at the Sibley Building, U.S. Senator Charles E. Schumer today visited Rochester and announced that he has helped secure $42.5 million in federal New Markets Tax Credits (NMTC) that were needed to greenlight the multi-phase $200 million redevelopment of the Sibley Building into a vibrant downtown hub for photonics spin-offs, high tech businesses, new shops, and tenants.

N.Y. POWER AUTHORITY TRUSTEES APPROVE 2016 OPERATING BUDGET

The New York Power Authority Board of Trustees has approved a budget for the 2016 fiscal year that enables the nation’s largest state-owned utility to bolster its profile in renewable energy and upgrade its electricity infrastructure while working through the challenges presented by lower energy prices.

Higgins Says Solar Tax Credit is Big Win for Western New York

Standing outside of SolarCity’s new solar panel manufacturing site currently under construction in Buffalo, Congressman Brian Higgins (NY-26) discussed the recently approved extension of the Solar Investment Tax Credit (ITC) and the impact it will have on Western New York