New York RealEstateRama

Albany, NY - May 18, 2011 - (RealEstateRama) -- Governor Andrew M. Cuomo and Mayor Michael R. Bloomberg today announced that their legislation to prevent a massive rate hike on New York City energy customers has passed the Legislature unanimously in both houses.

WASHINGTON, DC - May 18, 2011 - (RealEstateRama) -- Rep. Carolyn Maloney (D-NY), senior member of the House Financial Services Committee, today hailed the start of a process by the Consumer Financial Protection Bureau (CFPB) to harmonize and streamline mortgage disclosure forms required under the Truth in Lending Act and the Real Estate Settlement and Procedures Act.<

Albany, NY - May 16, 2011 - (RealEstateRama) -- Governor Andrew M. Cuomo today continued his "People First Campaign" at Hofstra University, where he outlined his legislative priorities and told Long Islanders that their voices must be heard in order to get Albany to act on these key reforms.

CHICAGO, LONDON and SINGAPORE - May 16, 2011 - (RealEstateRama) -- Jones Lang LaSalle, a leading global real estate services firm, has been named a lead sponsor to the Carbon Disclosure Project (CDP) Cities program to improve environmental sustainability in the world’s largest cities, and thereby enhance their economic viability.

WASHINGTON, DC - May 13, 2011 - (RealEstateRama) -- Rep. Carolyn McCarthy (D-NY04), who has been working steadily to bring relief to homeowners affected by the Federal Emergency Management Agency’s flood insurance program, just won bipartisan passage in committee of two amendments that, if made into law, would save homeowners significant amounts of money and bring better community notification in advance of future changes

BROOKLYN, NY - May 13, 2011 - (RealEstateRama) -- Carroll Gardens’ newest upscale building at 360 Smith Street began private showings on April 23, 2011, allowing those who registered online the opportunity to preview the 47 thoughtfully-appointed residences. Several applications came in on the first day of opening and, within a few weeks, the building is already over 50% rented.

NEW YORK, NY - May 12, 2011 - (RealEstateRama) -- On May 9, 2011, the Federal Reserve Bank of New York, along with other interested stakeholders, participated in a meeting sponsored by the Uniform Law Commission, the American Law Institute and the Permanent Editorial Board of the Uniform Commercial Code to explore legal issues involved in the recent problems experienced in the secondary mortgage market.

New York, NY - May 12, 2011 - (RealEstateRama) -- SL Green Realty Corp. (NYSE: SLG) announced today that it has acquired a substantial ownership interest in the 205,000-square-foot office condominium at 110 East 42nd Street, along with control of the asset. This property, which is located steps from Grand Central Terminal on the south side of 42nd Street, offers unique opportunities to the Company as it adjoins 125 Park Avenue, which the Company recently acquired

New York, NY - May 11, 2011 - (RealEstateRama) -- Mayor Michael R. Bloomberg, Deputy Mayor Linda I. Gibbs, and Department of Homeless Services Commissioner Seth Diamond today opened the City’s new state-of-the-art intake center for homeless families seeking shelter. With more than 75,000 square feet, the new Prevention Assistance and Temporary Housing (PATH) facility has 213 percent more space than the original intake site, and houses more than 200 specialists from the Department of Homeless Services, Administration for Children’s Services and Human Resources Administration. The new facility replaces the dilapidated and inefficient Emergency Assistance Unit (EAU).

Albany, NY - May 11, 2011 - (RealEstateRama) -- New York State Homes and Community Renewal (HCR) Commissioner Darryl Towns today brought the "People First Campaign" to Corning Community College, where he outlined Governor Cuomo's legislative priorities and told New Yorkers that their voices must be heard in order to get Albany to act on these key reforms.

New York, NY - May 10, 2011 - (RealEstateRama) -- Today, Governor Cuomo begins a statewide tour in support of his legislation to enact a hard property tax cap in New York. The Governor is right - - soaring property taxes are driving middle-class families out of their homes and forcing businesses to flee the state.

EUGENE, OR - May 9, 2011 - (RealEstateRama) -- Potential New York home buyers can now access a real estate website that gives them more control than ever before over their online property search, thanks to IDX, Inc. and Jennifer Grimes. The Catskills area of upstate New York is a real estate haven for Manhattan visitors and full-time residents. Finding a property that meets the needs of every home seeker has never been an easier task, thanks in large part to the IDX Broker software now integrated onto the website Grimes hosts. Online real estate searches have never been more accessible, efficient and effective than they now are on the New York realty resource Grimes and IDX, Inc. have come together to create.

New Program Lowers Average Monthly Charge On a 1-Bedroom Home to Approximately $572 NEW YORK, NY - May 6, 2011 - (RealEstateRama) -- The Sponsor of APEX Condominium has significantly lowered the monthly common charges at the new luxury building in Harlem.

New York, NY - May 5, 2011 - (RealEstateRama) -- The New York State Energy Research and Development Authority (NYSERDA) today commended Fordham University for obtaining Leadership in Energy and Environmental Design® (LEED®) Gold designation from the U.S. Green Building Council.

BROOKLYN, NY - May 5, 2011 - (RealEstateRama) -- FasTracKids will soon become the first retailer to open for business at Arias Park Slope as the early childhood learning center is gearing up for an anticipated July 1st grand opening at the new luxury rental building in Brooklyn’s Park Slope neighborhood.

New York, NY - May 5, 2011 - (RealEstateRama) -- Halstead Property Development Marketing and West 147th Street Associates LLC today announced that more than 70% of the units are closed or under contract at PS90, a premier residential development in Harlem. Closings and move-ins initially began in September 2010 and have remained steady at PS90, which is located at 220 West 148th Street and where immediate occupancy is available.

New York, NY - May 4, 2011 - (RealEstateRama) -- The New York State Senate today passed 18 bills that covered a variety of topics including the strengthening of penalties and prohibitions for dangerous driving, as well as helping certain property owners receive the STAR tax exemption benefits for which they are eligible.

MELVILLE, NY - May 3, 2011 - (RealEstateRama) -- Jones Lang LaSalle announced the Long Island office market demonstrated signs of recovery in the first quarter of 2011. The market’s improving fundamentals were led by Nassau County, which posted a considerable drop in vacancy rates and a slight increase in average asking rental rates in all property types. Suffolk County’s office market remained steady, with Class A properties recording a drop in vacancy rates and a minor increase in rents.

Singapore - May 3, 2011 - (RealEstateRama) -- The star of the 20th Century Fox series of Die Hard movies bought the apartment in 2007 for a reported US$4.26 million but apparently he was so keen to sell the apartment he accepted an offer of just US$3.95 million

MONROE-WOODBURY, N.Y. - May 3, 2011 - (RealEstateRama) -- Upscale suburban living in one of Orange County’s most prominent new residential addresses is exactly what buyers will find at HighPointe at Woodbury Junction, a very exclusive collection of single-family homes rising within this established residential community in the Orange County Town of Central Valley As a result, anticipation is at a fever pitch for the impending preview opening of this limited offering of luxury homes which will occupy prominent view locations within the gated 450-residence Woodbury Junction community, according to its developer, HornRock Properties

Circa 1915 Soap Factory Converted into New Condominium Development. New York, NY - May 2, 2011 - (RealEstateRama) -- Halstead Property Development Marketing today announced the launch of sales at Kirkman Lofts, a new residential condominium in DUMBO, Brooklyn.

April 28, 2011 - (RealEstateRama) -- Darryl C. Towns was officially named Commissioner/CEO of NYS Homes and Community Renewal (HCR) as his selection was approved by the boards of the State of New York Mortgage Agency (SONYMA) and the Housing Finance Agency (HFA).

New York, NY - April 28, 2011 - (RealEstateRama) -- Access to conventional refinance loans in New York City sharply declined in communities of color between 2008 and 2009, at the same time that it significantly increased in predominantly white neighborhoods, according to a report released today by NEDAP and six partner organizations across the U.S.

New York, NY - April 28, 2011 - (RealEstateRama) -- Senate Republicans today renewed their call for the Assembly to act on the Governor’s property tax cap legislation in light of new data showing New Yorkers pay the highest property taxes in the United States.

New York, NY - April 27, 2011 - (RealEstateRama) -- Today, U.S. Senator Charles E. Schumer announced his push to aid Homes for Heroes as they seek to modify their current land lease agreement and secure a long-term land agreement that will improve their fundraising capability, allowing the group to provide new homes to even more of our disabled veterans. Currently, Homes for Heroes is in the middle of a short-term 5-year lease with the Health and Human Services Department that requires construction on homes for veterans to be completed after 3 years