Hinchey Announces New $5 Million Dollar Federal Investment to Further Establish Binghamton University as...

Vestal, NY - August 10, 2009 - (RealEstateRama) -- Congressman Maurice Hinchey (D-NY) today visited Binghamton University to announce that he's secured a new $5 million federal investment to further establish the school as a leader in solar energy research and development.

HUD and the Department of Justice announce landmark civil rights agreement in Westchester County

Agreement seen as a national model for inclusive, diverse and sustainable communities. WASHINGTON, DC - August 10, 2009 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development and the U.S. Department of Justice today announced a historic civil rights settlement with Westchester County, New York. The landmark agreement will result in the construction of 750 units of affordable housing in neighborhoods with small minority populations; will remove existing impediments to fair and affordable housing; and will require the County to take active steps to ensure its housing and development practices are fair to families without regard to their race or ethnicity

Thompson Audit Questions Affordable Housing Program

New York, NY - August 6, 2009 - (RealEstateRama) -- New York City Comptroller William C. Thompson, Jr. today issued an audit finding that the city’s Department of Housing Preservation and Development (HPD)’s Cornerstone Program, which is supposed to provide affordable housing to qualified New Yorkers, has provided a relatively small percentage of the completed housing units to low-income families.

Mayor Bloomberg and NYCHA Chairman Rhea Unveil New Housing Authority Energy Efficiency Program to...

New York, NY - August 5, 2009 - (RealEstateRama) -- Mayor Michael R. Bloomberg and New York City Housing Authority (NYCHA) Chairman John B. Rhea today unveiled NYCHA's new energy efficiency demonstration project at the Castle Hill Houses in the Bronx. By 2011, it will lower energy usage by 2.25 million kilowatt hours of electricity a year, reduce carbon emissions by more than 4,900 tons annually, and save $1.2 million a year.

HDC, HPD & Jackson Development Celebrate a Milestone: The First Development in the Nation...

NEW YORK, NY - August 4, 2009 - (RealEstateRama) -- Deputy Mayor Robert Lieber, joined by New York City Housing Development Corporation (HDC) President Marc Jahr, New York City Department of Housing Preservation and Development (HPD) Commissioner Rafael E. Cestero and Neil Weissman of the Jackson Development Group celebrated the groundbreaking of St. Ann’s Terrace, a 600 unit mixed-income development in the Melrose section of the Bronx and the first in the nation to use recycled bonds.

Thompson Finds Horrid Conditions At Shelters For Homeless Families

New York, NY - August 1, 2009 - (RealEstateRama) -- New York City Comptroller William C. Thompson, Jr. today expressed his outrage over unsafe conditions at seven buildings that house homeless families - Aladdin Hotel in Manhattan and six Pilgrim Icahn cluster site buildings in the Bronx.

Schumer Secures Key Senate Subcommittee Approval For $1 Million For “Home For Heroes” Veteran...

Washington, DC - July 30, 2009 - (RealEstateRama) -- Today, U.S. Senator Charles E. Schumer announced that the Department of Transportation and Housing, and Urban Development (THUD) Appropriations Subcommittee has approved $1 million to the Rockland Housing Action Coalition for the purpose of building and operating permanent, supportive housing for disabled veterans and their families at Camp Shanks.

NEW YORK TOTAL FORECLOSURE ACTIVITY INCREASED IN THE SECOND QUARTER; DOWN OVERALL FROM PREVIOUS...

New York, N.Y. - July 29, 2009 - (RealEstateRama) -- The New York State Banking Department and RealtyTrac® released New York county-level foreclosure statistics for the second quarter ending June 30, 2009. According to RealtyTrac there were foreclosure filings on 13,664 properties in New York during the second quarter, representing a 15 percent decrease compared to the second quarter of last year and a 24 percent increase over the previous quarter

Governor Paterson Signs Legislation To Extend Affordable Housing Program In Brooklyn

Albany, NY - July 29, 2009 - (RealEstateRama) -- Governor David A. Paterson signed into law legislation that will extend affordable housing for another 30 years to the tenants of the 5,881-unit Starrett City housing complex in Brooklyn – the nation’s largest publicly assisted affordable housing complex.

Governor Paterson Announces $30 Million In Stimulus Funding For Affordable Housing Developments Across The...

Albany, NY - July 28, 2009 - (RealEstateRama) -- Governor David A. Paterson today announced the award of $30 million in affordable housing grants through the American Recovery and Reinvestment Act (ARRA).

Hudson Valley Housing Summit Focuses on Foreclosure

Albany, NY - July 24, 2009 - (RealEstateRama) -- Commissioner VanAmerongen participated in the third annual Patterns for Progress Housing the Hudson Valley Conference, held recently at Marist College in Poughkeepsie. Residents, community leaders, bankers, and real estate professionals gathered for a discussion of housing issues facing the Hudson Valley.

Rep. Tonko Secures Investments In Local Infrastructure, Housing Projects

WASHINGTON, D.C. - July 23, 2009 - (RealEstateRama) -- Rep. Paul Tonko (NY-21) joined the House of Representatives Thursday in approving the Department of Transportation, and Housing and Urban Development Appropriations Act, 2010, which builds on the Recovery Act to make smart investments that will provide short-term help in the form of housing and jobs to those hurt most by the economic downturn, and long-term solutions like highway and public transit improvements to put our economy on sound footing for the future.

New York Total Foreclosure Activity Increased in Second Quarter; Down Overall from Previous Year

New York, NY - July 27, 2009 - (RealEstateRama) -- The New York State Banking Department and RealtyTrac® released New York county-level foreclosure statistics for the second quarter ending June 30, 2009. According to RealtyTrac there were foreclosure filings on 13,664 properties in New York during the second quarter, representing a 15 percent decrease compared to the second quarter of last year and a 24 percent increase over the previous quarter.

“Green” Forum Highlights 545 Madison Avenue as Showcase of Sustainability

NEW YORK, NY - July 14, 2009 - (RealEstateRama) -- 545 Madison Avenue, a 17-story, class-A building in the Plaza District that stands as one of New York City's “greenest” new office towers, was highlighted as a model of sustainability at a recent “Retrofitting Commercial Buildings to be Green” conference sponsored by the Urban Land Institute in Washington, D.C.

HUD charges Long Island Housing Complex with discriminating against persons needing service animals

WASHINGTON, DC - July 27, 2009 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development announced today that it has charged Sunrise Villas, LLC, with housing discrimination for allegedly refusing to allow residents at its Long Island, NY, age 55-and-over housing complex to have service animals that assist persons with disabilities.

Mayor Bloomberg, Governor Paterson, Speaker Silver, Eli Lilly and Company and Alexandria Real Estate...

New York, NY - July 22, 2009 - (RealEstateRama) -- Mayor Michael R. Bloomberg, Governor David A. Paterson, Assembly Speaker Sheldon Silver, Eli Lilly and Company CEO Dr. John C. Lechleiter and Alexandria Real Estate Equities CEO Joel S. Marcus today announced ImClone will locate its research headquarters at New York City’s new Alexandria Center for Science and Technology at the East River Science Park.

HPD, HDC and Artimus Construction Unveil 125-Unit Mixed Income Housing Development in the Central...

Manhattan, NY - July 22, 2009 - (RealEstateRama) -- New York City Department of Housing Preservation and Development (HPD) Commissioner Rafael Cestero together with New York City Housing Development Corporation (HDC) President Marc Jahr, Artimus Construction Principal Robert Ezrapour and Citi National Director, North America Community Relations, Gina Doynow today announced the completion of Susan’s Court, a 125-unit mixed-income housing development in Central Harlem.

Global Biopharmaceutical Company is First Signed Tenant of New York City’s New State-of-the-Art Commercial...

New York, NY - July 22, 2009 - (RealEstateRama) -- Mayor Michael R. Bloomberg, Governor David A. Paterson, Assembly Speaker Sheldon Silver, Eli Lilly and Company CEO Dr. John C. Lechleiter and Alexandria Real Estate Equities CEO Joel S. Marcus today announced ImClone will locate its research headquarters at New York City’s new Alexandria Center for Science and Technology at the East River Science Park.

Local Real Estate Investment Counselor Faces Felony Charges For Failing To File Income Tax...

Albany, NY - July 21, 2009 - (RealEstateRama) -- New York State Department of Taxation and Finance Acting Commissioner Jamie Woodward announced today that a Spencerport man who conducts seminars across the United States and Canada in commercial real estate investing faces five felony counts for failing to file state personal income tax returns for seven consecutive years.

Former Holy Family Elementary School To Be Transformed Into Affordable Senior Apartments

BUFFALO, NY - July 20, 2009 - (RealEstateRama) -- Congressman Brian Higgins, Mayor Byron W. Brown, Assemblyman Mark Schroeder and County Legislator Tim Kennedy, gathered together with Father Jim Cunningham, administrator of the Church of the Holy Family, to announce the procurement of $9 million for the development of the former Holy Family Elementary School into a 35-unit senior apartment complex in South Buffalo.

Rep. Engel Announces Over $2.6 Million HUD Grants For Mt. Vernon

Washington, D.C. - July 20, 2009 - (RealEstateRama) -- Congressman Eliot Engel announced that the city of Mt. Vernon was awarded two grants totaling $2,613,756 from the U.S. Housing and Urban Development (HUD).

Rep. Engel Announces Over $8 Million HUD Grants For Westchester County

Washington, D.C.- July 20, 2009 - (RealEstateRama) -- Congressman Eliot Engel announced that Westchester County was awarded three grants totaling $8,117,872 from the U.S. Housing and Urban Development (HUD).

Rep. Engel Announces $1 Million HUD Grant For Yonkers

Washington, D.C. - July 20, 2009 - (RealEstateRama) -- Congressman Eliot Engel announced the city of Yonkers was awarded a $1,001,857 grant as part of the American Recovery and Reinvestment Act (ARRA). The grant comes from the U.S. Housing and Urban Development (HUD), through its Community Development Block Grant Program (CDBG).

Governor Paterson Announces Federal Approval Of State Plan To Distribute $86.7 Million In Stimulus...

Albany, NY - July 17, 2009 - (RealEstateRama) -- Governor David A. Paterson today announced that the U.S. Department of Health and Human Services has approved New York’s plan for the distribution of federal stimulus funding through the Community Services Block Grant (CSBG) program as provided in the American Recovery and Reinvestment Act (ARRA).

Schumer, Gillibrand Announce Nearly $7 Million In Recovery Act Funding Coming To Western Ny...

WASHINGTON, DC - July 16, 2009 - (RealEstateRama) -- Today, U.S. Senators Charles E. Schumer and Kirsten Gillibrand announced that the U.S. Department of Housing and Urban Development (HUD) has awarded $6,867,269 in Recovery Act funding to Western New York to stimulate community development and job growth.