November 23, 2011 - (RealEstateRama) -- Mayor Michael R. Bloomberg, Deputy Mayor Robert K. Steel, and Department of Housing Preservation and Development Commissioner Mathew M. Wambua today announced that the City has allocated $14.4 million in Low Income Housing Tax Credits to 13 affordable housing projects. The tax credits were provided by New York State and serve as a critical source of funding for low-income affordable housing developments. New York City worked closely with the Cuomo Administration to complete these financing deals, which will support a total of 737 affordable units. It is expected that the work being done on these 10 new construction projects and three preservation projects will create approximately 1,400 new construction and related industry jobs throughout the course of their construction period.

November 22, 2011 - (RealEstateRama) -- “The contract proposals made today by the city’s major building owners on a new contract for 22,000 of the city’s commercial office cleaners are an aggressive attempt to rollback wage and benefit standards that working men and women depend on to support their families. In particular, proposals for establishing a two-tier staff structure, aimed at creating a lower second class of workers, and for placing restrictions on the political action of union members are unacceptable.”

NEW YORK, NY - November 22, 2011 - (RealEstateRama) -- City Comptroller John C. Liu today announced that an audit of the Department of Housing Preservation and Development (HPD) found that the agency kept $9.8 million in unused funds from expired contracts and other sources – money that should have been returned to the City treasury.

Washington, DC - November 22, 2011 - (RealEstateRama) -- Congressman Maurice Hinchey (D-NY) today announced that the City of Binghamton has been awarded a $485,058 U.S. Department of Housing and Urban Affairs Sustainable Housing and Communities grant to create a Main Street revitalization plan that can be integrated with the city's existing Comprehensive Plan - a document created in 2003 to guide the city's economic development efforts

Washington, DC - November 17, 2011 - (RealEstateRama) -- Congressman Eliot Engel (D-NY-17) is pleased to announce the removal of a provision that would have denied operations and Section 8 funding for 12,000 public housing units in New York City. The provision, originally inserted by House Republicans into the FY 2012 Transportation, Housing and Urban Development Appropriations (T-HUD) bill, was stripped from the bill yesterday.

New York, NY - November 16, 2011 - (RealEstateRama) -- The New York City Housing Authority joined with Laborers’ Local 79 of the Mason Tenders District Council (MTDC) of Greater New York to celebrate the addition of more than 200 NYCHA residents into the union at a job site luncheon on Tuesday, November 15, 2011 at 12:00 p.m. in Harlem’s Johnson Houses. There are 35 NYCHA laborers, members of MTDC’s Laborers’ Local 79, currently working at Johnson Houses, 11 of which secured their jobs through NYCHA’s Section 3 efforts.

New York, NY - November 15, 2011 - (RealEstateRama) -- Negotiations for a new contract covering more than 22,000 commercial office building cleaners began today when 32BJ, the city’s largest private-sector union, presented its proposals to the Realty Advisory Board (RAB) -- an association representing most of the city’s commercial building owners, managers, and cleaning contractors.

NEW YORK, NY - November 14, 2011 - (RealEstateRama) -- U. S. Housing and Urban Development (HUD) Regional Administrator Adolfo Carrión, New York City Housing Authority Chairman John B. Rhea, and Michael A. Sabo, Network Director of the Veterans Affairs (VA) Integrated Services Network, today announced that 1,424 homeless veterans have found permanent housing in New York City under a joint HUD and Department of Veterans Affairs (VA) program that provides rental housing and support services to needy veterans. Since the program’s inception in 2008, 2,540 homeless veterans in New York State have found permanent housing. It is estimated that approximately 145,000 veterans nationwide experienced homelessness in 2010. HUD’s Veterans Affairs Supportive Housing Program (HUD-VASH) combines a HUD Housing Choice Voucher with VA case management and supportive services.

Albany, NY - November 14, 2011 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced three new initiatives to help veterans obtain affordable housing upon their return to New York State. The Governor is committing $25 million to housing assistance for veterans, giving veterans preference in Section 8 housing, and expanding the state's mortgage assistance program to include active duty service members.

ALBANY, N.Y. - November 10, 2011 - (RealEstateRama) -- Mitigation experts from the Federal Emergency Management Agency (FEMA) will be at Home for the Holidays Show, part of Arts, Crafts & Lifestyle Shows in Schenectady County this Friday, Saturday and Sunday to offer information on preparing for future disasters, flood insurance and rebuilding safer and stronger.

NEW YORK, NY - November 9, 2011 - (RealEstateRama) -- BFC Partners and The Corcoran Group today announced that 84 percent of the available homes at Toren, Brooklyn’s iconic new condominium tower, have been sold. The development reached this benchmark following a series of seven million-plus dollar deals since September 2011, including a 1,967 square foot three-bedroom, three-bath duplex penthouse that sold for over $1.3 million.

NEW YORK, NY - November 2, 2011 - (RealEstateRama) -- Parkview Developers and Halstead Property Development Marketing today announced that, with just five units still available, the final sales push has begun at The 505, a luxury condominium and gardens development complex located at 505 West 47th Street in the heart of Hell’s Kitchen.

New York , NY - November 2, 2011 - (RealEstateRama) -- Nassau County Executive Edward P. Mangano was joined today by Legislator Howard J. Kopel, the Long Island Housing Partnership and homeowners to break ground on four new affordable workforce homes on Harris Avenue and Redwood Avenue in Inwood.

NEW YORK, NY - November 2, 2011 - (RealEstateRama) -- ADG Langsam and Halstead Property Development Marketing today announced that 75% of the units are sold or under contract at ONE48, a new residential development located at 148 East 24th Street in the Gramercy area of Manhattan.

NEW YORK, NY - October 27, 2011 - (RealEstateRama) -- Halstead Property Development Marketing today announced that Gramercy 19, a boutique condominium development located at 148 East 19th Street in the Gramercy Park neighborhood of Manhattan, has only one remaining unit for sale.

New York, NY - October 24, 2011 - (RealEstateRama) -- Rose Associates announced today that it has closed a $125 million loan funded by the issuance of bonds provided by the New York State Housing Finance Agency for the development of a luxury apartment building. Wells Fargo provided the credit enhancement for the bonds. The loan will facilitate the construction of The Larstrand, a development of New York City-based Friedland Properties. Of the Larstrand’s 181 apartments, 37 will be designated as affordable housing.

BROOKLYN, N.Y. - October 11, 2011 - (RealEstateRama) -- Manhattan-based Hudson Realty Capital LLC has funded $8 million in note acquisition financing secured by the debt on four industrial buildings, located in the Williamsburg section of Brooklyn, N.Y. The company has been active in providing note acquisition financing nationwide, with an emphasis on the New York-metropolitan region.

NEW YORK, NY - October 10, 2011 - (RealEstateRama) -- Jones Lang LaSalle announced that despite slower leasing volume over the summer, vacancy rates have fallen in Manhattan in all office building classes and every submarket in the third quarter of 2011. Higher prices for the city’s trophy office buildings fueled a boost in overall and Class A average asking rental rates in Midtown and Downtown office product, while Midtown South office buildings saw rates remain stable.

NEW YORK, NY - October 6, 2011 - (RealEstateRama) -- Halstead Property Development today announced that construction has been completed at 109 Gold Street, a new residential development located in DUMBO, Brooklyn.

NEW YORK, NY - October 5, 2011 - (RealEstateRama) -- Cogswell Realty, LLC announced today that Ricky’s NYC has signed a two-month lease for 5,180 square feet of retail space for a seasonal pop-up store, Ricky’s Halloween, Inc., at 55 West 125th Street.

ALBANY, N.Y. - October 4, 2011 - (RealEstateRama) -- A state and federal Disaster Recovery Center (DRC) in Essex County will close on Friday, October 7, according to officials from the Federal Emergency Management Agency (FEMA).

NEW YORK, NY - October 4, 2011 - (RealEstateRama) -- ADG Langsam CEO Perry Finkelman has been named the Real Estate Development Award winner by the Young Jewish Professionals. In bestowing the award, the group cited Finkelman’s work at ONE48, a new luxury residential development located at 148 East 24th Street in the Gramercy area of Manhattan, and his leadership role in creating more than 3,000 apartments in the New York metropolitan area.

NEW YORK, NY - October 3, 2011 - (RealEstateRama) -- Halstead Property Development Marketing today announced that Harlem Sol 121 and 123, a new two-building condominium development in Harlem, are both 50% sold. Harlem Sol is a combination of two adjacent, yet distinct buildings located at 121 and 123 West 131st Street between Lenox Avenue and Adam Clayton Powell Boulevard. Harlem Sol 121 is a brownstone completely renovated and restored in a manner that speaks to history and luxury; and Harlem Sol 123 is a new-construction building featuring a modern design with hints of traditional brownstone characteristics.

ALBANY, N. Y. - September 30, 2011 - (RealEstateRama) -- The Federal Emergency Management Agency (FEMA) has initiated a program, in coordination with State and local governments, to provide Temporary Housing Units (THUs) to New York communities hard hit by Hurricane Irene.

Boston, NY - September 23, 2011 - (RealEstateRama) -- CB Richard Ellis (CBRE) has been named Best Brokerage Firm by Multi-Housing News at its 2011 Excellence Awards reception in New York.