New York, NY - June 30, 2009 - (RealEstateRama) -- The Board of the New York City Industrial Development Agency (NYCIDA) has approved a sales and real estate tax incentive package that will help Boundary Fence & Railing Systems Inc. to expand its operations in Richmond Hills, Queens.

New York, NY - June 25, 2009 - (RealEstateRama) - Deputy Mayor for Economic Development Robert C. Lieber and New York Economic Development Corporation President Seth W. Pinsky (NYCEDC) today announced the grand opening of the first phase of the Mount Hope Community Center located at 55 Townsend Avenue in the Bronx.

Washington, DC - June 22, 2009 - (RealEstateRama) – Today, U.S. Senator Charles E. Schumer and Kings County District Attorney Charles J. Hynes announced that the Kings County Mortgage Fraud and Real Estate Crimes Unit has led to the indictment of eight individuals and the opening of more than 80 cases.

WASHINGTON, DC - June 17, 2009 - (RealEstateRama) - U.S. Senator Charles E. Schumer today revealed that current tax rules are costing the approximately 800,000 Upstate New York homeowners who do not itemize their taxes up to $415 million per year or more.

NEW YORK, NY - June 9, 2009 - (RealEstateRama) – The Board of Directors of the New York City Housing Development Corporation (HDC) approved $55.5 in tax-exempt Multi-family Housing Revenue Bonds for two affordable housing projects; one new construction in Manhattan and the other a large-scale refinancing and renovation project in Queens.

NEW YORK, NY - June 9, 2009 - (RealEstateRama) — Attorney General Andrew M. Cuomo today announced his office is taking legal action against a leading New York foreclosure rescue company for charging illegal up-front fees and engaging in consumer fraud.

Albany, NY - June 9, 2009 - (RealEstateRama) — Members of the New York State Association of REALTORS will gather at the state Capitol tomorrow to impress upon their representatives in Albany the need for property tax relief, home buying incentives and number of other pro-homeownership initiatives.

New York, NY - June 4, 2009 - (RealEstateRama) — LEV L. DASSIN, the Acting United States Attorney for the Southern District of New York, announced that ALEKSANDER LIPKIN, a/k/a "Alex," GARRI ZHIGUN, GALINA ZHIGUN, JOSEPH PAPERNY, FAINA PETROVSKAYA, JOHN GELIN, TOMER SINAI, and DANIEL MIKHLIN were each sentenced by United States District Judge RICHARD J. HOLWELL

New York, NY - June 4, 2009 - (RealEstateRama) — A federal grand jury in Brooklyn returned an indictment charging nine defendants with a...

New York, NY - May 24, 2009 - (RealEstateRama) — New York City Comptroller William C. Thompson, Jr. today said ambiguity in State law has allowed millions of dollars to slip through the City’s fingers because of a methodology that allows properties to be assessed well after their renovations – when their values are higher.

New York, NY - May 20, 2009 - (RealEstateRama) — LEV L. DASSIN, the Acting United States Attorney for the Southern District of New York, JOSEPH M. DEMAREST JR., the Assistant Director-in-Charge of the Federal Bureau of Investigation's New York Field Division ("FBI"), and BRIAN G. PARR, the Special Agent-in-Charge of the New York Field Office of the United States Secret Service ("USSS"), announced the filing yesterday of a six-count Indictment against LAVETTE M. BILLS, KIRK LACEY, OMAR HENRY, and PETER CHEVERE, charging them with perpetrating a mortgage fraud scheme involving loans totaling over $3 million on at least six different residences.

New York, NY - May 19, 2009 - (RealEstateRama) — New York City Comptroller William C. Thompson, Jr. tomorrow will recommend a reduction in interest rate charges for the non-payment of real estate taxes and the non-payment of water and sewer rents at the Banking Commission.

Brooklyn, NY - April 28, 2009 - (RealEstateRama) — Benton J. Campbell, United States Attorney for the Eastern District of New York, today announced that Madison Home Equities, Inc., a mortgage lender located in Carle Place, Long Island, and Madison’s president, Nadine Malone, have entered into a consent decree and judgment that permanently enjoins them from making loans insured by the Federal Housing Administration (FHA), an agency of the United States Department of Housing and Urban Development (HUD).

Albany, NY - April 28, 2009 - (RealEstateRama) — State Senator Joe Robach announced today that he has created an online petition on his State Senate website for citizens to register their support for reinstating the STAR Rebate Check Program.

Albany, NY - April 28, 2009 - (RealEstateRama) — Statement from New York State Association of REALTORS President Daniel J. Hartnett: New York’s 56,000 REALTORS today applaud Gov. David A. Paterson for taking a first step towards providing meaningful property tax relief for our state’s homeowners.

Albany, NY - April 22, 2009 - (RealEstateRama) — Commissioner VanAmerongen was on hand recently to break ground on Prospect Hill Homes, a quality...

NEW YORK, NY - April 21, 2009 - (RealEstateRama) — The New York City Housing Development Corporation (HDC) Board of Directors today welcomed NYC Department of Housing Preservation and Development Commissioner Rafael E. Cestero as the new HDC Board Chairman and at the meeting approved the nation’s first “recycled” bonds for affordable housing projects in the Bronx and Staten Island.

New York, NY - April 9, 2009 - (RealEstateRama) — Finance Commissioner Martha E. Stark and Acting Department of Environmental Protection Commissioner Steven Lawitts today...

Albany, NY - March 20, 2009 - (RealEstateRama) — Statement from New York State Association of REALTORS President Daniel J. Hartnett: The New York State Association of REALTORS and its more than 56,000 members strongly oppose any increase to the personal income tax (PIT) and urge lawmakers to make the difficult, yet necessary, decision to cut costs to balance the state’s budget, instead of continuing an overreliance on taxing the residents of this state.

New York, NY - March 16, 2009 - (RealEstateRama) — Benton J. Campbell, United States Attorney for the Eastern District of New York, announced that Leib Pinter, a former executive of Olympia Mortgage Corp., was sentenced today to 97 months in prison for orchestrating a scheme to defraud Fannie Mae in connection with mortgage loans which Fannie Mae owned but were refinanced through Olympia. Pinter was also ordered to pay more than $43 million in restitution to the victims of his fraud scheme. The sentencing proceeding was held before United States District Judge Sandra L. Townes at the U.S. Courthouse in Brooklyn, New York, and followed Pinter’s guilty to a wire fraud conspiracy on September 11, 2008.

New York, NY - February 25, 2009 - (RealEstateRama) — LEV L. DASSIN, Acting United States Attorney for the Southern District of New York announced today that IVY WOOLFTURK, a Manhattan real estate developer, pleaded guilty in Manhattan federal court to participating in a $27 million mail and wire fraud conspiracy.

NEW YORK, NY - February 18, 2009 - (RealEstateRama) — The New York State Housing Finance Agency (HFA) today issued its revised 2009 allocation criteria for developers seeking private activity tax-exempt bond financing for so-called 80/20 multifamily rental projects in New York City.

New York, NY - February 18, 2009 - (RealEstateRama) — LEV L. DASSIN, the Acting United States Attorney for the Southern District of New York, and JOSEPH M. DEMAREST, JR., the Assistant Director-in-Charge of the New York Office of the Federal Bureau of Investigation, announced the unsealing of charges against SHARMON HOWELL, a/k/a "Sharmon Wade," DAVID MOORE, JUNE PERSAUD, and OSCAR ANCRUM,

New York, NY - February 6, 2009 - (RealEstateRama) – LEV L. DASSIN, the Acting United States Attorney for the Southern District of New York, announced that attorney ALEXANDER KAPLAN was found guilty today of participating in a multimillion-dollar mortgage fraud scheme. KAPLAN was found guilty, after a two-week jury trial in Manhattan federal court, on all eighteen counts in the Indictment against him.

Albany, NY - December 17, 2008 - (RealEstateRama) – Today, New York’s 62,000 REALTORS are united in their disappointment that Gov. David Paterson’s budget proposal did not...