NYS Affordable Housing Corporation Approves $600,000 in Grants to Renovate 75 Homes in St....
NEW YORK, NY - June 4, 2009 - (RealEstateRama) — The board of the New York State Affordable Housing Corporation (AHC) today approved $600,000 in grants to renovate 75 homes in St. Lawrence County.
NYS Affordable Housing Corporation Approves $300,000 Grant to Renovate 30 Syracuse Homes
NEW YORK, NY - June 4, 2009 - (RealEstateRama) — The board of the New York State Affordable Housing Corporation (AHC) today approved a $300,000 grant to Home HeadQuarters (HHQ) to help finance home improvements for 30 homes in the City of Syracuse.
NYS Affordable Housing Corporation Approves $195,000 Grant to Improve 13 Queensbury Homes
NEW YORK, NY - June 4, 2009 - (RealEstateRama) — The board of the New York State Affordable Housing Corporation (AHC) today approved a $195,000 grant to the Town of Queensbury to renovate 13 single-family homes in Warren County.
Commissioner presents ‘Elizabeth Griffin Award’ to Albany Housing Authority
Albany, NY - June 4, 2009 - (RealEstateRama) — Commissioner VanAmerongen recently presented Historic Albany Foundation's (HAF) Elizabeth P. Griffin Award for Preservation Leadership to the Albany Housing Authority for the agency's contributions to the city's historic districts, including rehabilitation of architecturally and historically significant buildings and for infill housing which incorporates appropriate historic details.
Nine Indicted in $92 Million Mortgage Fraud Scheme
New York, NY - June 4, 2009 - (RealEstateRama) — A federal grand jury in Brooklyn returned an indictment charging nine defendants with a...
Governor Paterson Unveils Comprehensive Foreclosure Legislation To Strengthen Protections For Homeowners, Tenants And Neighborhoods
Albany, NY - June 3, 2009 - (RealEstateRama) — Governor David A. Paterson today announced legislation that would build upon a landmark subprime lending reform law enacted last year by providing additional critical protections for New York State homeowners, tenants and neighborhoods in the wake of the ongoing foreclosure crisis. The bill would help homeowners currently at risk of foreclosure and minimize the negative impact that foreclosures can have on a community.
Home Energy Assistance Topped $400 Million This Winter
Albany, NY - June 1, 2009 - (RealEstateRama) — The State Office of Temporary and Disability Assistance (OTDA) announced today that a record number of families throughout New York State were served through the Home Energy Assistance Program (HEAP) this past winter, based on applications received prior to the recent closing date for the program.
EPA, New York Giants and New York Jets Team Up to Make New Meadowlands...
New York, N.Y. - June 01, 2009 - (RealEstateRama) — When the New York Jets and New York Giants kickoff their 2010 seasons, they won’t just have a new stadium to call home, they’ll be playing in one of the greenest venues in sports thanks to a partnership with the U.S. Environmental Protection Agency (EPA). EPA and the New Meadowlands Stadium Company, the stadium’s principal owner, today signed a memorandum of understanding that outlines plans to incorporate environmentally-friendly materials and practices into the construction and operation of New Meadowlands Stadium in East Rutherford, N.J.
USDA Rural Development Awards More Than $14.8 Million in Recovery Act Funding to 10...
SYRACUSE, NY - May 28, 2009 - (RealEstateRama) — Agriculture Secretary Tom Vilsack today announced that 10 New York water and wastewater projects will receive $14,869,400 through the American Recovery and Reinvestment Act (ARRA).
HDC, HPD and YUCO Real Estate Celebrate the Opening of 1405 Fifth Avenue Apartments
NEW YORK, NY - May 28, 2009 - (RealEstateRama) — Today, the New York City Housing Development Corporation (HDC), the New York City Department of Housing Preservation and Development (HPD) and YUCO Real Estate Company, Inc. (YUCO) celebrated the grand opening of 1405 Fifth Avenue Apartments, an 81-unit mixed-income development located in the East Harlem section of Manhattan. The creation of affordable housing in New York City is part of the City's Five Borough Economic Opportunity Plan to create jobs for New Yorkers today and implement a vision for long-term economic growth while strengthening and stabilizing neighborhoods in all five boroughs.
Yassky Unveils Plan to Expand and Improve City’s Affordable Housing Stock
New York, NY - May 27, 2009 - (RealEstateRama) — Council Member David Yassky, Democratic candidate for New York City Comptroller, today unveiled his plan to use the vast tools of the Comptroller’s Office to expand and improve New York City’s affordable housing stock. It is the second position paper issued by the Yassky campaign, and begins to put forth his vision for the Comptroller’s Office and the future of New York City.
NYCEDC Reaches Negotiated Property Acquisition Agreements with Two Additional Willets Point Businesses
New York, NY - May 26, 2009 - (RealEstateRama) — New York City Economic Development Corporation (NYCEDC) today announced it has signed property acquisition agreements with two additional property owners at Willets Point, Queens. The acquisitions announced today total 34,403 square feet, bringing the amount of land now controlled by the City to about 40 acres, or 1,742,400 square feet. The agreements are the ninth and tenth negotiated land acquisitions in Willets Point, also known as the Iron Triangle.
New York State housing market posts gains for second consecutive month
Albany, NY - May 27, 2009 - (RealEstateRama) — The New York State housing market posted sales gains for the second consecutive month with a nearly 14-percent increase in closed sales of existing single-family homes in April from March, according to preliminary single-family sales data accumulated by the New York State Association of REALTORS.
Thompson: Law Limits City Revenue Potential In Property Tax Benefit Program
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.
Four Indicted in $3 Million Mortgage Fraud and Foreclosure Rescue Scheme
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.
Thompson Statement On City’s Temporary Decision To Stop Charging Rent To Working Homeless
New York, NY - May 22, 2009 - (RealEstateRama) — New York City Comptroller William C. Thompson, Jr. today issued the following statement following City’s decision to temporarily stop requiring working people living in Department of Homeless Services’ (DHS) shelters to pay rent toward the cost of being housed:
Empire State Development Corporation Board Approves $47.5 Million In Grants And $3.5 Million In...
Albany, N.Y. - May 21, 2009 - (RealEstateRama) — Empire State Development Corporation’s Board of Directors met today in New York City and approved grants totaling nearly $48 million, pledging to retain 165 jobs and create more than 260 jobs in New York State.
Mayor Bloomberg, Governor Paterson and Speaker Quinn Announce Comprehensive Strategies to Increase and Retain...
New York, NY - May 20, 2009 - (RealEstateRama) — Mayor Michael R. Bloomberg, Governor David A. Paterson and Speaker Christine C. Quinn today announced comprehensive strategies to encourage the opening of new grocery stores and help existing operators upgrade stores in neighborhoods that need more healthy food stores. Mayor Bloomberg and Speaker Quinn introduced the Food Retail Expansion to Support Health (FRESH) program, a new initiative that provides zoning and financial incentives to property owners, developers and grocery store operators in areas of New York City currently underserved by grocery stores.
Leader of Multimillion-Dollar Mortgage and Insurance Fraud Scheme Sentenced to 51 Months in Prison
New York, NY - May 19, 2009 - (RealEstateRama) — LEV L. DASSIN, the Acting United States Attorney for the Southern District of New York, announced that DOMINICK DEVITO was sentenced to 51 months in prison today by United States District Judge BARBARA S. JONES in Manhattan federal court for mortgage fraud, insurance fraud and obstruction of justice.
Coney Island Development Corporation Announces Winners of 2009 Coney Island Student Art Competition
New York, NY - May 19, 2009 - (RealEstateRama) — The Coney Island Development Corporation (CIDC) today announced the winners of the 2009 Coney Island Student Art Competition. The competition titled “My Vision of the Future of Coney Island,” was an opportunity for Coney Island students to express their artistic creativity and create a vision of what they believe the Coney Island of tomorrow should look like. The 2009 Student Art Competition was open to students residing in Coney Island, Brooklyn, in grades one through eight.
Governor Paterson Announces Economic Development Deal To Bring Yahoo! To Western New York
Albany, NY - May 19, 2009 - (RealEstateRama) — Governor David A. Paterson today announced that the New York Power Authority (NYPA) has approved a proposal designed to bring Yahoo! Inc., the world’s largest global online network of integrated internet services, to Western New York.
Mayor Bloomberg and Extell Development Company Announce First Phase of Construction of International Gem...
New York, NY - May 19, 2009 - (RealEstateRama) — Mayor Michael R. Bloomberg, Deputy Mayor for Economic Development Robert C. Lieber and Extell Development Company President Gary Barnett today announced the first phase of construction of the International Gem Tower, a state-of-the-art facility for domestic and international gem and jewelry wholesalers, retailers, manufacturers and designers.
Suffolk will Partner with New York in Protecting 58-Acre DeLalio Sod Farm in Eastport
Hauppauge , NY - May 19, 2009 - (RealEstateRama) — Suffolk Executive Steve Levy announced today that the county has received a $1.7 million grant from the New York State Agricultural and Farmland Protection Program which will be used to help purchase the development rights to 52 acres of the DeLalio Sod Farm in Eastport.
Thompson Recommends Decreased Interest Rate Charges For Non-Payment Of Real Estate Taxes, Water Rents
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.
Statement of Mayor Bloomberg On Start to Public Approval Process for Redevelopment of Kingsbridge...
New York, NY - May 18, 2009 - (RealEstateRama) — “The Kingsbridge Armory is one of the City’s historical treasures, but it has been long-underutilized. After years of hard work and community involvement, we are now moving forward with a plan to bring the Armory back to life – and bring new jobs and shopping opportunities to Bronx residents.