NEW YORK, NY - November 1, 2012 - (RealEstateRama) -- Attorney General Eric T. Schneiderman today issued a guide to New Yorkers recovering and rebuilding after Hurricane Sandy, including tips on how to avoid scams as they restore and rebuild their homes and businesses. The Attorney General's guide includes tips to protect consumers from scams related to home repair, clean up services and tree removal and he's urging individuals who believe they have been scammed to contact his office at 800-771-7755.

WASHINGTON, DC - October 31, 2012 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the State of New York and provide support to homeowners and low-income renters forced from their homes due to Hurricane Sandy.

October 30, 2012 - (RealEstateRama) -- The study, “Housing Busts and Household Mobility: An Update,” supplements and confirms the authors’ 2010 research, which found that negative home equity reduces household mobility by 30 percent, while an additional $1,000 of mortgage or property tax costs lowers mobility by 10 to 16 percent. This new analysis incorporates more recent American Housing Survey data, and utilizes an improved measure of mobility to reflect permanent—and not temporary—moves.

Albany, NY - October 26, 2012 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced that PepsiCo will renovate its worldwide headquarters in Purchase, keeping the food and beverage company’s 1,100 jobs in New York State. Throughout the duration of the project, which involves the complete redevelopment of 420,000 square feet of office space, approximately 1,250 local construction jobs will be created.

YONKERS, NY - October 23, 2012 - (RealEstateRama) -- Mayor Mike Spano announced today the City along with the Municipal Housing Authority of Yonkers and The Community Builders have been awarded $300,000 by the U.S. Department of Housing and Urban Development’s (HUD) Choice Neighborhood Planning Grant to support the development of a comprehensive transformation plan for Cottage Gardens in the Croton Heights/Cottage Place Gardens neighborhood. Yonkers is one of 17 municipalities from across the nation that was awarded the grant

HUD allocation will enable NYCHA to preserve public housing, build stronger neighborhoods and develop innovative partnerships The New York City Housing Authority (NYCHA) has been...

New York, NY - October 1, 2012 - (RealEstateRama) -- On Saturday, September 15th, the State of New York Mortgage Agency - SONYMA, hosted its second "Welcome Home, New York" event for first-time homebuyers at Asbury First United Methodist Church in Downtown Rochester.

New York, NY - September 25, 2012 - (RealEstateRama) -- New York City Housing Authority Chairman John B. Rhea today unveiled new initiatives that would bring hundreds of millions of dollars in revenue to the Housing Authority to help maintain and preserve public housing in New York City. At a breakfast sponsored by the Association for a Better New York, Chairman Rhea detailed a major plan to build new, private housing at NYCHA developments. The plan would create at least 1,000 permanently affordable housing units for low- and moderate-income families. The new developments would not displace any NYCHA residents and will bring millions of dollars each year to the Housing Authority that would go towards providing safe, secure and well-maintained housing for NYCHA residents at the sites and throughout the city

Albany, NY - September 21, 2012 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced that the Empire State Development (ESD) Board of Directors has authorized the transfer of the Tryon Boys and Girls Center (Tryon Facility) to the Fulton County Industrial Development Agency (FCIDA) for redevelopment

Yonkers, NY - September 20, 2012 - (RealEstateRama) -- The revitalization of the Cottage Gardens public housing complex took another step forward today, as the Yonkers Industrial Development Agency (YIDA) voted to move ahead with a plan to demolish two of the housing complex’s deteriorated buildings and add a 50 unit mixed income affordable housing apartment building.

NEW YORK, N.Y. - September 19, 2012 - (RealEstateRama) -- City Comptroller John C. Liu today announced a new housing study, “Rents through the Roof,” that found middle-income New Yorkers are increasingly being squeezed by rising rents. Unfortunately, however, they can expect little relief from existing plans to create affordable housing

New York, NY - September 14, 2012 - (RealEstateRama) -- NYCHA Chairman John B. Rhea announced the recent receipt of $44 million in low-income housing tax credit equity payments associated with NYCHA’s Federalization transaction. The purpose of the Federalization transactions was to make necessary repairs to the portfolio of 21 housing developments while also securing an additional $65-75 million in recurring annual federal operating and capital subsidies for 11,743 apartments at 13 of the 21 sites.

Albany, NY - September 14, 2012 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced that $72 million is available through New York State Homes & Community Renewal (HCR) for shovel-ready projects to build affordable housing units across the state.

New York, NY - August 24, 2012 - (RealEstateRama) -- In 2009, the United States Congress passed the American Recovery and Reinvestment Act (ARRA), providing $5 billion nationally for the Weatherization Assistance Program (WAP), and HCR received approximately $396 million. Our WAP sub-grantees put this funding to work-making more than 70,000 homes of low-income people safe, affordable, and energy efficient-far exceeding our original goal of 45,000 housing units.

Yonkers, NY - August 22, 2012 - (RealEstateRama) -- The Yonkers Industrial Development Agency (YIDA) today gave initial approvals for a $22 million redevelopment of five properties in downtown Yonkers into lofts, retail and restaurant space.

New York, NY - August 10, 2012 - (RealEstateRama) -- With more than 120,000 members in eight states and Washington, D.C., including 70,000 members in New York, 32BJ SEIU is the largest union of property service workers in the country and the largest private sector union in the states

WASHINGTON, DC - August 7, 2012 - (RealEstateRama) -- Senator Charles Schumer (D-NY), Rep. Carolyn Maloney (D-NY), and Senator Kirsten Gillibrand (D-NY) along with Reps. Patrick McHenry (R-NC), Jerrold Nadler (D-NY), and Michael Grimm (R-NY) have introduced the “Interstate Land Sales Disclosure Act Update of 2012” (S. 3499/H.R. 6337) to allow condominium developers and their lenders some certainty as the economy continues to recover

New York, NY - August 3, 2012 - (RealEstateRama) -- Nassau County Executive Edward P. Mangano and the Nassau County Industrial Development Agency today announced the approval of an economic development compact for a proposed $93 million complex in downtown Mineola that will provide much needed housing for working young professionals and affordable housing for seniors.

New York, NY - August 3, 2012 - (RealEstateRama) -- The following statement on the City’s comprehensive study of New York City buildings can be attributed to Mike Fishman, President of 32BJ, one of the largest building service workers union in the country:

Sparrowbush, NY - August 3, 2012 - (RealEstateRama) -- U.S. Senators Charles E. Schumer and Kirsten Gillibrand announced that $326,250 in federal funding was awarded to the New York State Department of Transportation to allow Orange County to purchase and redevelop vacant waterfront property along the Delaware River. Specifically, the funding will allow Orange County to acquire and preserve over 17 acres of vacant Delaware River waterfront property in Sparrowbush, NY.

New York, NY - August 2, 2012 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced another major milestone in the project for building a new bridge to replace the Tappan Zee with the release of the Final Environmental Impact Statement (FEIS), a document compiled by agencies on all levels of government with comprehensive responses to thousands of comments from the public.

NEW YORK, NY - July 26, 2012 - (RealEstateRama) -- City Comptroller John C. Liu today called on the New York City Housing Authority (NYCHA) to accept responsibility for placing New Yorkers in danger, operating in a fiscally irresponsible manner, governing behind closed doors, and wasting millions in tax dollars on an expensive consultant report that has yet to be publicly released.

New York, NY - July 25, 2012 - (RealEstateRama) -- Build NYC Resource Corporation (Build NYC) today approved approximately $75.6 million in tax-exempt financing to assist four New York City non-profits. Seaview Senior Living Housing Development Fund Corporation, a not-for-profit organization formed by The Metropolitan Council on Jewish Poverty and Leewood-Seaview, was approved for approximately $33.6 million in tax-exempt bonds. The proceeds from the bonds will be used by Seaview to construct a 103,000 square foot 188-bed assisted living and memory care facility and an 11,500 square foot building for social and recreational use by residents, as well as to renovate a historical landmark building for visitors

New York, NY - July 23, 2012 - (RealEstateRama) -- “Even in the depths of the national recession, our City never stopped investing in our future. From creating new parks and pools to renovating old bridges and schools, we did not walk away from investments that are critical to the long-term health of the city. And now, we’re beginning to see more of those investments pay off. Last week, we reached two major milestones in our efforts to revitalize our waterfront, expand our transit system, and build unprecedented amounts of affordable housing.

New York, NY - July 13, 2012 - (RealEstateRama) -- Nassau County Executive Edward P. Mangano today announced the completion of a major initiative to install energy efficient Light-Emitting Diode (LED) traffic signals at more than 1,300 intersections throughout Nassau County. The project, funded by a grant by the New York Power Authority (NYPA), will save an estimated $1.1 million annually for taxpayers.