Beacon Towers Harlem Residental Development Offers Cash Incentive To Brokers

New York, NY- August 11, 2010 - (RealEstateRama) -- Strategic Development and Construction Group and Lemle & Wolff, Inc. developers of Beacon Towers, a new cooperative residential development in Harlem, today announced that they are offering a cash incentive to buyer’s agents whose clients close on units at Beacon Towers. Brokers representing buyers who successfully purchase and close at Beacon Towers will now receive a $1,000 bonus paid for their first closing, $2,500 for their second closing and $3,500 for their third closing.

HARLEM CDC CELEBRATES THE DEBUT OF MORE ORIGINAL ART IN HARLEM RIVER PARK

New York, NY - August 11, 2010 - (RealEstateRama) -- Harlem Community Development Corporation (HCDC) will sponsor the showcasing of four murals and six banner designs that will decorated the new Harlem River Park. The murals and banners were supported by the Harlem CDC and Harlem River Park Task Force, as well as New York City Department of Parks and Recreation and the New York State Department of Transportation (NYSDOT), both of which granted permission to adorn their walls

Harlem New Development PS90, Receives TCO

New York, NY - August 9, 2010 - (RealEstateRama) -- West 147th Associates LLC and Halstead Property Development Marketing today announced that TCO was received last week, construction is now complete and move-ins are slated for later this month, a former school converted into a luxury condominium development in Harlem.

Schumer Proposal Would Allow HUD To Increase the Size of Loans Guaranteed by FHA...

WASHINGTON, DC - August 4, 2010 - (RealEstateRama) -- Sen. Charles E. Schumer (D-NY) introduced legislation today that would increase the access to Federal Housing Administration (FHA) loan guarantees for mutli-family housing developments, by raising the cost per unit that FHA will insure for high-cost areas like New York.

HARLEM CDC’s La Marqueta mile plan Dubbed “momentous”

August 2, 2010 - (RealEstateRama) -- In a study released Thursday, the Center for an Urban Future (CUF) embraced the concept of an open-air market under the Metro North tracks on Park Avenue from 111th Street to 133rd Street conceived and developed by Harlem Community Development Corporation (HCDC). HCDC’s La Marqueta Mile plan would work with a range of community, business and public entities to revitalize and extend the old La Marqueta from 111th to 116th streets into a broader vision to suit today’s times. Center for an Urban Future went so far as to call the plan “A High Line for Harlem.”

The Douglass, New Condo Development in Harlem is Now 75% Sold and is Ready...

Ten Units Remain at The Douglass; FHA & Fannie Mae Financing Available. New York, NY - July 22, 2010 - (RealEstateRama) -- BRP Companies and Halstead Property Development Marketing today announced that 75% of units are sold at The Douglass, a new high-end condominium development in South Harlem, which also just received its Temporary Certificate of Occupancy (TCO)

Rocky Glen Helps Fill Affordable Housing Need in Dutchess County

Albany, NY - July 21, 2010 - (RealEstateRama) -- The Views at Rocky Glen in the Town of Fishkill officially opened recently when DHCR...

City Council Member Stephen Levin and Fired Workers to Protest 184 Kent’s Attacks on...

Brooklyn, NY - July 20, 2010 - (RealEstateRama) -- City Council member Stephen Levin will join 184 Kent residents, 32BJ SEIU members and workers allegedly fired for forming a union to demand that the building management stop harassing and intimidating its employees. Levin, residents and workers will also deliver a petition signed by hundreds of supportive renters in the half-full development.

Engel Announces $10.7 Million For Hebrew Home Seniors

Washington, DC - July 16, 2010 - (RealEstateRama) -- Congressman Eliot Engel announced federal grants of $10,748,900 for the Hebrew Home for a substantial rehabilitation of Hudson House on Johnson Avenue to create 59 one-bedroom apartments for low-income seniors.

New York State Approves $18.4 Million in Grants and Financings for Affordable Housing, Economic...

NEW YORK CITY, NY - July 15, 2010 - (RealEstateRama) -- New York State's housing agencies today approved $18.4 million in grants and financings to build and renovate affordable housing, help businesses grow and create jobs, and assist homeowners at risk of foreclosure.

Towns’ Statement on Public/Private Partnership that Will Bring Affordable Housing to Brooklyn

BROOKLYN, NY - July 13, 2010 - (RealEstateRama) -- U.S. Rep. Edolphus “Ed” Towns (NY-10) issued the following statement today, applauding Goldman Sachs’ partnership with Mayor Bloomberg, New York City agencies, developers and Carver Bank that will create a 105 unit apartment and retail complex in Bedford-Stuyvesant, Brooklyn:

Rep. Engel Announces $3.4 Million HUD Grants For Rockland County Housing

Washington, DC - July 13, 2010 - (RealEstateRama) -- Congressman Eliot Engel (D-NY-17) announced three U.S. Housing and Urban Development (HUD) grants for Rockland County

Federal Home Loan Bank Of New York Awards $1.1 Million In Affordable Housing Grants...

Buffalo, NY - July 6, 2010 - (RealEstateRama) -- The Federal Home Loan Bank of New York announced today the award of a $104,500 grant to People United for Sustainable Housing

City Officials Celebrate the Completion of Beacon Towers and Beacon Mews in Ribbon Cutting...

New York, NY - July 7, 2010 - (RealEstateRama) -- In a ribbon cutting ceremony today in Harlem, city officials gathered together to celebrate the completion of Beacon Towers and Beacon Mews, two residential developments that reflect the need and success of affordable housing developments in New York City. Developed under Mayor Michael R. Bloomberg’s New Housing Marketplace Plan (NHMP), Beacon Towers and Beacon Mews offer both rental and homeownership opportunities to New Yorkers with a range of incomes.

Schumer Announces $400,000 Economic Development Grant Awarded To Hornell YMCA For New Building

Washington D.C. - July 1, 2010 - (RealEstateRama) -- U.S. Senator Charles E. Schumer announced today that the Hornell YMCA has been awarded a $400,000 grant by the U.S. Department of Housing and Urban Development (HUD).

Harlem’s 2280 FDB

New York, NY - June 29, 2010 - (RealEstateRama) -- Halstead Property Development Marketing and RGS Holdings, LLC, in conjunction with Goldman Sachs Urban Investment Group and JP Morgan Chase Community Development, announced that 2280 FDB in Harlem has received a Temporary Certificate of Occupancy (TCO)

NYCEDC Seeks Developer For The Hub at 149th Street in The Bronx

New York, NY - June 24, 2010 - (RealEstateRama) -- New York City Economic Development Corporation (NYCEDC) today issued a Request for Proposals (RFP) for the purchase and development of two adjacent parcels of land within the Bronxchester Urban Renewal Area of the Mott Haven neighborhood in the Bronx.

CPC Providing $6.9 Million Construction Loan

SPRING VALLEY, NY - June 23, 2010 - (RealEstateRama) -- Representatives from The Community Preservation Corporation (CPC) and Rockland Housing Action Coalition joined with state, county and local officials today to celebrate the groundbreaking for Hyenga Lake Senior Housing, a new affordable senior housing project in the Village of Spring Valley.

Buffalo Municipal Housing Authority Official Pleads Guilty to Corruption Charge

BUFFALO, NY - June 22, 2010 - (RealEstateRama) -- U.S. Attorney William J. Hochul, Jr. announced today that John J. Fischer, Jr., 50, of Getzville, New York, pleaded guilty before U.S. District Judge Richard J. Arcara, to a felony charge of extortion by color of official right.

Co-Op City Contract Talks Resume Today

Bronx, NY - June 14, 2010 - (RealEstateRama) -- Back at work after a weeklong lockout, Co-Op City workers and management returned to the negotiating table today for the first time in two weeks. Workers, supported by 32BJ SEIU, are seeking a multi-year agreement that maintains their family health care coverage and provides cost of living wage increases.

New York State’s Housing Agencies Hold First Joint Board Meeting; Approve $11 Million in...

NEW YORK, NY - June 10, 2010 - (RealEstateRama) -- New York State's major housing agencies, "nyhomes" and the Division of Housing and Community Renewal (DHCR), held their first joint board meeting today to approve grant awards.

NYCCRC Approves $19.7 Million in Recovery Zone Bond Assistance for Construction of Harlem Hotel

New York City, NY - June 8, 2010 - (RealEstateRama) -- The Board of the New York City Capital Resource Corporation (NYCCRC) today gave preliminary approval for ESmith Legacy Harlem LLC to receive an allocation of up to $19.7 million in Recovery Zone Facility Bonds to assist in the development and construction of an approximately 100,000-square-foot hotel on a 32,500-square-foot vacant parcel of land located at 100 West 125th Street in Harlem.

NYCEDC Seeks Developer for Bathgate Site in the Bronx

New York NY - June 2, 2010 - (RealEstateRama) -- New York City Economic Development Corporation (NYCEDC) today issued a Request for Proposals (RFP) for the purchase and development of an approximately 109,000-square-foot vacant industrial property located in the Bathgate section of the Bronx.

Mayor Bloomberg and New York City Housing Authority Chairman Rhea Rename Bronx Development in...

New York, NY - June 4, 2010 - (RealEstateRama) -- Mayor Michael R. Bloomberg and New York City Housing Authority (NYCHA) Chairman John B....

Public Advocate de Blasio to Call for End to Co-op City Lockout, Offer Guidance...

Bronx, NY - June 3, 2010 - (RealEstateRama) -- Public Advocate Bill de Blasio will join locked-out Co-op City workers, tenants and union officials today, Thursday June 3, to call on RiverBay Corporation to end the lockout of members of 32BJ of the Service Employees International Union. The lockout, which began on Tuesday at 12:01 a.m., affects more than 500 workers and 55,000 tenants