New York RealEstateRama

Congresswoman Carolyn B. Maloney (NY-12), joined by Dottie Herman, Chief Executive of Douglas Elliman Real Estate, the Second Avenue Merchants Association, and the Manhattan Chamber of Commerce, hailed a real estate and economic boom for New York City once the decades-long awaited Second Avenue Subway Line at last opens December 31, 2016

U.S. Senators Charles E. Schumer and Kirsten Gillibrand today announced $8,250,326 in federal funding from the U.S. Department of Housing and Urban Development (HUD) for services on Long Island that promote the goal of ending homelessness. The funding was allocated through HUD’s Continuum of Care Program, which provides funding to non-profits, as well as local and state governments, to quickly rehouse homeless individuals and families and promote access to programs that encourage self-sufficiency among individuals and families experiencing homelessness.

$4 Million State Investment Buys Cooperative Ownership and Essential Infrastructure Improvements at Kayadeross Acres Manufactured Home Park

Ballston Spa, NY December 20, 2016: New York State Homes and Community Renewal (HCR), ROC USA and PathStone today announced that thanks to a $3.4 million loan, homeowners in the 33-acre Kayadeross Acres Manufactured Home Cooperative, formerly known as Creek and Pines, took a big step toward securing their financial futures when they purchased the land beneath their homes. The funds will finance the land acquisition and conversion to cooperative ownership; an additional $675,000 will go toward upgrades and repairs to major infrastructure systems serving the residents

Governor Andrew M. Cuomo today announced that the New York State Board for Historic Preservation recommended adding 26 properties, resources and districts to the State and National Registers of Historic Places. The nominations reflect the remarkable breadth of New York’s history, ranging from the famous site of the Woodstock Music Festival, to a massive hydroelectric plant in Niagara, to a Romanesque Revival church in Syracuse

As part of the Obama Administration’s effort to prevent and end homelessness, the U.S. Department of Housing and Urban Development today awarded a record $1.95 billion in grants to nearly 7,600 homeless assistance programs across throughout the nation, including Puerto Rico, Guam, and the U.S. Virgin Islands. HUD’s Continuum of Care grants provide critically needed support to local programs on the front lines of serving individuals and families experiencing homelessness.

Acting Brooklyn District Attorney Eric Gonzalez today announced that a 49-year-old homeless man has been convicted of first-degree murder for fatally shooting an acquaintance during a robbery on a Brownsville street corner.

Solar One, GRID Alternatives Tri-State and Co-op Power today announced the launch of Affordable Solar New York. The nonprofit initiative will bring lowcost solar power to affordable housing providers in New York, which provide critical housing and services to low-income residents. Solar can significantly reduce energy costs for both operators and tenants, yet up-front costs, credit scores and complex financing remain significant barriers for this sector to access the technology.

Furthering President Obama’s comprehensive Climate Action Plan to create American jobs, develop domestic clean energy resources and cut carbon pollution, Secretary of the Interior Sally Jewell and Bureau of Ocean Energy Management (BOEM) Director Abigail Ross Hopper today announced the completion of the nation’s sixth competitive lease sale for renewable energy in federal waters. Today’s lease sale offered 79,350 acres offshore New York for potential wind energy development

RoAnn M. Destito, New York State Office of General Services Commissioner today announced bidding for eight construction contracts listed below by county.

RoAnn M. Destito, New York State Office of General Services Commissioner today announced that new construction bids have been awarded in the below counties. The awards are described in the listing below. The contracts are expected to be awarded to the apparent low bidders following review and approval by the State Comptroller's Office.

The number of homeless New Yorkers living in commercial hotels has spiked dramatically since November 2015, with the City now spending an unprecedented $400,000 per day on hotel rooms – a 669 percent rise over 12 months – according to a new analysis released today by New York City Comptroller Scott M. Stringer.

Attorney General Eric T. Schneiderman today announced an additional $20 million in funding for the fifth year of his Homeowner Protection Program (HOPP), as well as the launch of the Foreclosure Rescue Scam Prevention Initiative, a new grant program that will enhance outreach, education, and referral services for homeowners at risk of fraudulent foreclosure rescue schemes.

Following the tragic death of two children in the Bronx yesterday, New York City Comptroller Scott M. Stringer today called for the City to release a roadmap to solving the homelessness crisis

Congressman Brian Higgins (NY-26) announced approval of the Water Resources Development Act (S. 612) delivering support for projects enhancing local waterways, improving water infrastructure and rebuilding the U.S. Army Corps of Engineers Buffalo District headquarters.

Lottery applications are now being accepted for 44-19 Rockaway Beach Boulevard, a mixed-income development affordable to individuals earning a minimum annual income of $23,726 for an individual and up to $94,590 for a household of six

Attorney General Eric T. Schneiderman will announce an additional large-scale investment in his Homeowner Protection Program and launch a new grant program to target outreach, education, and referral services to New Yorkers most vulnerable to foreclosure rescue scams such as deed theft

Consumer Bill of Rights and Final Regulation and are Final Pieces of Sweeping Legislation Signed by Governor Cuomo to Assist Homeowners Facing Foreclosure. Actions Combat Blight Created by Vacant and Abandoned Properties across New York State

RoAnn M. Destito, New York State Office of General Services Commissioner today announced bidding for one construction contracts listed below by county.

RoAnn M. Destito, New York State Office of General Services Commissioner today announced that new construction bids have been awarded in the below counties. The awards are described in the listing below. The contracts are expected to be awarded to the apparent low bidders following review and approval by the State Comptroller's Office.

Governor Andrew M. Cuomo today announced $3.6 million in funding is available to increase access to solar energy in low- to moderate-income communities across the state. The funding will help affordable housing providers and community organizations overcome barriers they often face in advancing solar and clean energy projects. Solar energy helps New York meet its nation-leading Clean Energy Standard for 50 percent of electricity to come from renewable sources by 2030.

s the report and audit overwhelmingly positive, it found that there were no material deficiencies and “commend(ed) County officials for designing and implementing effective controls over property tax exemptions.”

Mayor Bill de Blasio, Department of Housing Preservation and Development Commissioner Vicki Been and Department of Finance Commissioner Jacques Jiha today announced that DOF sent letters notifying owners of 3,103 multi-family rental buildings, with 37,141 apartments, that their 421-a tax benefits will be suspended if they don’t comply with the requirements of the 421-a program

Governor Andrew M. Cuomo today announced the grand opening of a $2.62 million supportive housing project in the Finger Lakes. The project will provide permanent and transitional housing for homeless veterans and individuals suffering from a substance abuse disorder in Ontario, Seneca, Wayne and Yates counties. Residents will be able to access the necessary services to help achieve stability in their lives and be active participants in their community. This project is part of Governor Cuomo's unprecedented $20 billion Homelessness and Affordable Housing Action Plan

The Federal Reserve Bank of New York today issued its Quarterly Report on Household Debt and Credit, which reported that total household debt increased modestly by $63 billion (a 0.5% increase) to $12.35 trillion during the third quarter of 2016. There were increases across every type of non-housing debt, with a 2.9% increase in auto loan balances, a 2.5% increase in credit card balances, and a 1.6% percent increase in student loan balances this quarter.

Congressman Gregory W. Meeks, Senior Member of the House Financial Services Committee, released the following statement on President-elect Trump's nomination of Dr. Ben Carson for Secretary of Housing and Urban Development (HUD