Mangano Announces First-Time Homebuyers Housing Lottery Winners
April 7, 2011 - (RealEstateRama) -- Nassau County Executive Edward P. Mangano today joined the Long Island Housing Partnership (LIHP) in randomly selecting Nassau County families, who met income eligibility requirements, to buy affordable homes in the Inwood community. The forty-four hopefuls that submitted applications to be considered for the program are placed on the ranked lottery list. The deadline for applying was September 30
THE MARKETING DIRECTORS LANDS FOUR NEW BUILDINGS IN MANHATTAN, BROOKLYN AND STATEN ISLAND
NEW YORK, NY - April 6, 2011 - (RealEstateRama) -- With a 30-year track record of success and such current notable sales achievements as The Sheffield and Linden 78 on Manhattan’s Upper West Side, The Marketing Directors, Inc. has been brought on to oversee the marketing, sales and leasing of four new residential buildings throughout New York City.
BAKER RESIDENTIAL RELEASES FINAL HOUSING PHASE AT WOODSIDE KNOLLS, HOMES TO BE HIGHLIGHTED AT...
TOWN OF WALLKILL, N.Y. - April 6, 2011 - (RealEstateRama) -- Baker Residential will welcome interested homebuyers to Woodside Knolls on Saturday, April 16th to participate in one of the final “Homebuyer Seminars” to be offered at Orange County’s fastest-selling new residential community
Hinchey Announces NeighborWorks Grant for RUPCO to Support Affordable Housing and Community Development
Kingston, NY - April 4, 2011 - (RealEstateRama) -- Congressman Maurice Hinchey (D-NY) today announced Rural Ulster Preservation Company, Inc. (RUPCO) has been awarded a $91,650 grant from NeighborWorks America, a federally funded program aimed at supporting affordable housing and community development initiatives. The funding will be used to support RUPCO's HomeOwnership center, which offers a comprehensive range of services to help families achieve and sustain the American Dream of homeownership.
BROOKLYN’S NEWEST UPSCALE RENTAL BUILDING NOW OPEN IN HISTORIC PARK SLOPE
BROOKLYN, NY - April 4, 2011 - (RealEstateRama) -- Park Slope’s fast-emerging Fourth Avenue corridor has taken another significant step forward with the grand opening of Arias, a new ultra-chic rental building located in the heart of this vibrant Brooklyn neighborhood.
Assembly Leads the Way Preserving Housing, Economic Development And Community Renewal Programs
New York, NY - April 1, 2011 - (RealEstateRama) -- Assembly Speaker Sheldon Silver and Housing Committee Chair Vito Lopez today announced agreement on legislation to restore $6 million for the Neighborhood Preservation Program and the Rural Preservation Program. The agreement provides $8.4 million for the Neighborhood Preservation Program and $3.5 million for the Rural Preservation Program. These restorations bring both programs to their 2010-11 funding levels, preserving the vital work that they do in the areas of affordable housing, economic development and community renewal.
MAYOR BLOOMBERG ANNOUNCES APPOINTMENT OF EMILY YOUSSOUF AS BOARD MEMBER FOR THE NEW YORK...
March 31, 2011 - (RealEstateRama) -- Mayor Michael R. Bloomberg, Deputy Mayor for Education and Community Development Dennis M. Walcott and New York City Housing Authority (NYCHA) Chairman John B. Rhea today announced the appointment of Emily Youssouf as Vice Chair of the NYCHA Board. Youssouf, who is currently a Clinical Professor at New York University’s Schack Institute ofNew York, NY - March 31, 2011 - (RealEstateRama) -- Mayor Michael R. Bloomberg, Deputy Mayor for Education and Community Development Dennis M. Walcott and New York City Housing Authority (NYCHA) Chairman John B. Rhea today announced the appointment of Emily Youssouf as Vice Chair of the NYCHA Board. Youssouf, who is currently a Clinical Professor at New York University’s Schack Institute of Real Estate, will begin her five-year term on NYCHA’s Board on April 18th. She previously served as the President of the New York City Housing Development Corporation from 2003 to 2007. Real Estate, will begin her five-year term on NYCHA’s Board on April 18th. She previously served as the President of the New York City Housing Development Corporation from 2003 to 2007
CLOSINGS AND MOVE-INS HAVE BEGUN AT +ART, NEW LUXURY CONDO DEVELOPMENT IN WEST CHELSEA’S...
New York, NY - March 31, 2011 - (RealEstateRama) -- Ekstein Development announced today that closings and move-ins have begun at +aRt, a new premium condominium development located in the heart of West Chelsea’s art district.
CPC and Rockland Housing Action Coalition Join with Officials to Celebrate Completion of Murphy...
HAVERSTRAW, NY - March 24, 2011 - (RealEstateRama) --– Village, County and State officials joined today with representatives from The Community Preservation Corporation (CPC), the Rockland Housing Action Coalition (RHAC) and invited guests to celebrate the completion of Murphy Manor Apartments, the first quality-built affordable housing for families in Haverstraw.
NYCEDC Seeks Developer For Corn Exchange Building in East Harlem
New York, NY - March 24, 2011 - (RealEstateRama) -- New York City Economic Development Corporation (NYCEDC) issued a Request for Expressions of Interest (RFEI) for the purchase or ground lease, and redevelopment of the Corn Exchange Building in East Harlem. The building, located on the northwest corner of the intersection of Park Avenue and East 125th Street, is a city landmark built in 1883. The lot is approximately 4,500 square feet and is zoned for residential and commercial uses.
MAYOR BLOOMBERG APPOINTS MATHEW M. WAMBUA AS COMMISSIONER OF THE DEPARTMENT OF HOUSING PRESERVATION...
New York, NY - March 24, 2011 - (RealEstateRama) -- Mayor Michael R. Bloomberg today named Mathew M. Wambua Commissioner of the Department of Housing Preservation and Development (HPD). Wambua will replace Rafael E. Cestero, who will leave public service at the end of March as previously announced. Wambua will become Commissioner on April 4th. Mayor Bloomberg made the announcement in the Blue Room of City Hall, where he was joined by Deputy Mayor for Economic Development Robert K. Steel, New York City Housing Development Corporation President Marc Jahr, Cestero and Wambua.
HARLEM’S 2280 FDB ANNOUNCES 51% OF UNITS ARE CLOSED OR UNDER CONTRACT
NEW YORK, NY - March 21, 2011 - (RealEstateRama) -- Halstead Property Development Marketing and RGS Holdings, LLC, in conjunction with Goldman Sachs Urban Investment Group and JP Morgan Chase Community Development, today announced that 51% of units are now closed or under contract at 2280 FDB, a 12-story, 89-unit residential development located in the heart of Harlem on Fredrick Douglass Boulevard between 122nd and 123rd Streets.
Assembly Speaker Sheldon Silver, Housing Committee Chairman Vito Lopez, the Assembly Majority and the...
NEW YORK, NY - March 15, 2011 - (RealEstateRama) -- Assembly Speaker Sheldon Silver and Assembly Housing Committee Chairman Vito Lopez were joined by members of the Assembly Majority, David R. Jones the President of the Community Service Society of New York, affordable housing advocates and rent-regulated tenants to release a groundbreaking new report documenting rent-stabilized housing’s critical role in protecting millions of working New Yorkers and the urgent need to extend rent-stabilization laws while closing the loopholes that are costing New York thousands of affordable apartments every year.
BRONX APARTMENT WORKERS WIN NEW CONTRACT THAT RAISES WAGES, PROTECTS FAMILY HEALTHCARE
Bronx, NY - March 15, 2011 - (RealEstateRama) -- 32BJ and the Bronx Realty Advisory Board (BRAB) reached a tentative four-year agreement this evening for more than 3,000 apartment building workers that provides annual wage increases while maintaining employer-paid family health care and secured pension benefits. The agreement narrowly averted a strike, which would have affected 250,000 Bronx residents throughout the borough including Riverdale and the South Bronx.
NEW ART EXHIBIT “WELL HUNG” OPENS AT +ART, NEW CONDO DEVELOPMENT IN WEST CHELSEA
New York, NY - March 15, 2011 - (RealEstateRama) -- +aRt , a new premium condominium development located at 540 West 28th Street, is pleased to announce the opening of “Well Hung,” a new art exhibition curated by Mikhail Sokovikov and Jason Aaron Wall, artists known as Mint&Serf.
APEX CONDOMINIUMS IN HISTORIC HARLEM NOW 20% SOLD AS PUBLIC RESPONDS TO UNIQUE BUYING...
MANHATTAN, NY - March 15, 2011 - (RealEstateRama) -- The renaissance of Harlem’s Frederick Douglas Boulevard corridor is on full display at Apex Condominiums where 20% of the new residences have already been sold, according to owner/developer RCG Longview and The Marketing Directors, Inc., the property’s exclusive sales and marketing agent
New York Trophy Buildings Post First Increase in Average Asking Rents Since Spring 2008
NEW YORK, NY - March 11, 2011 - (RealEstateRama) -- After two years of steady new development deliveries and increasing sublease options, supply dynamics have stabilized, rents have bottomed out and landlords have begun to scale back tenant improvement allowances at top office properties across the U.S. and Canada, according to the first-ever North American Skyline Review from Jones Lang LaSalle. As a result of these supply-demand dynamics, investor interest for this type of product has heated up, causing activity and pricing to jump and yields to compress.
Borough President Diaz calls for fair negotiations between BRAB and Local 32BJ
New York, NY - March 11, 2011 - (RealEstateRama) -- Bronx Borough President Ruben Diaz Jr. will hold a press conference to call for fair negotiations between the Bronx Realty Advisory Board (BRAB) and Local 32BJ, the union that represents over 3,000 Bronx apartment building workers at over 1,000 residential buildings in the Bronx.
AS BRONX STRIKE LOOMS, APARTMENT BUILDING WORKERS RALLY FOR A FAIR CONTRACT
New York, NY - March 11, 2011 - (RealEstateRama) -- With a potential strike less than a week away, hundreds of apartment building workers, along with elected officials and community and union supporters, rallied today in the Bronx to call on the Bronx Realty Advisory Board (BRAB), an industry association representing building owners, to sign a fair agreement before their contract expires at 12:01 A.M. on March 15th.
Maloney on bills to repeal assistance to homeowners and localities suffering in the foreclosure...
WASHINGTON, DC - March 10, 2011 - (RealEstateRama) -- Rep. Carolyn Maloney (D-NY) today introduced an amendment in the House Financial Services Committee to H.R. 839, "The HAMP Termination Act of 2011" sponsored by Patrick McHenry (R-NC), whose bill would abolish the “Housing Affordable Modification Program” which was established to assist three to four million homeowners in achieving mortgage modifications. The Maloney Amendment would extend the program to accommodate 500,000 more mortgages before it ends.
AS STRIKE LOOMS, BRONX APARTMENT BUILDING WORKERS TO RALLY
New York, NY - March 9, 2011 - (RealEstateRama) -- With a potential strike less than a week away, apartment building workers will march and rally in the Bronx to call on the Bronx Realty Advisory Board (BRAB), an industry association representing building owners, to sign a fair agreement before their contract expires at 12:01 A.M. on March 15th
SCHUMER URGES PARKVIEW APARTMENTS OWNER TO KEEP BUILDING AFFORDABLE FOR HUNDREDS OF FLATBUSH RESIDENTS
New York, NY - March 9, 2011 - (RealEstateRama) -- U.S. Senator Charles E. Schumer today urged the owner of Parkview Apartments in Flatbush, Brooklyn, to renew his Section 8 project based housing contract with the United States Department of Housing and Urban Development (HUD) or sell this property to a preservation buyer committed to maintaining the building’s affordability.
Jones Lang LaSalle Selected by Shorenstein Realty Services to Lease 850 Third Avenue
NEW YORK, NY - March 9, 2011 - (RealEstateRama) -- Jones Lang LaSalle has been selected by Shorenstein Realty Services LP as exclusive leasing agent for 850 Third Avenue, also known as the Discovery Building. The company will be responsible for commercial leasing and marketing efforts at the 613,664-square-foot, Class A office building.
208 WEST 96TH STREET COMPLETES CONSTRUCTION & LAUNCHES SALES
New York, NY - March 3, 2011 - (RealEstateRama) -- As the last finishing touches are being put in place, 208 West 96th Street, the Upper West Side’s newest contemporary boutique condominium, officially launches sales this week. This milestone marks a new and exciting sales phase for Halstead Property Development Marketing, LLC, the exclusive selling agent, who is poised to introduce the building, featuring modern architecture and meticulously thought out floor plans with a distinctive metal façade and is comprised of nine move-in ready three-bedroom, three-bath full floor homes.
