New York RealEstateRama

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.

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).

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).

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).

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).

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.

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 $3,482,964 in Recovery Act funding to the Rochester area to stimulate community development and job growth.

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 $1,387,981 in Recovery Act funding to Central New York to stimulate community development and job growth.

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 $2,589,487 in Recovery Act funding to the Capital Region to stimulate community development and job growth.

WASHINGTON, DC - July 16, 2009 - (RealEstateRama) -- U.S. Senator Charles E. Schumer (D-NY) gave a preliminary endorsement Thursday to a proposal under consideration by the Obama administration that would allow troubled homeowners on the verge of foreclosure to remain in their homes as renters.

New York, NY - July 17, 2009 - (RealEstateRama) -- Announced today, the Community Preservation Corporation’s (CPC) Bronx/Manhattan office closed on a $2.1 million Freddie Mac loan to refinance a mixed-use rental building located in the Inwood section of Manhattan.

New York, NY - July 16, 2009 - (RealEstateRama) -- Turner Construction Company, the nation’s leading general builder, has been selected by New York City Economic Development Corporation (NYCEDC) in cooperation with the New York City Department of Parks & Recreation to manage the demolition of the original Yankee Stadium and construction of Heritage Field, a 10-acre public recreational facility to be built at the site of the original stadium in the Bronx, N.Y. Demolition of the original stadium is underway to make way for construction of Heritage Field scheduled for completion by Fall 2011.

New York, NY - July 17, 2009 - (RealEstateRama) -- Turner Construction Company, the nation’s largest builder of education facilities, has been selected by the East Irondequoit Central School District to manage construction of a $66 million multi-school renovation and construction program in Rochester, N.Y. Completion is scheduled for 2012.

West Babylon, NY - July 16, 2009 - (RealEstateRama) -- The Multiple Listing Service of Long Island, Inc., (MLSLI) released June’s 2009 home figures reporting a $374,000 closed median home price for Long Island. The latest housing figure representing a decrease of 10 percent over the $415,800 reported in June 2008.

San Francisco, CA - July 16, 2009 - (RealEstateRama) -- Today at the Intersolar North America 2009 conference, Prism Solar Technologies, Inc., a manufacturer of a unique holographic solar technology for solar-electric modules, announced receiving $1.5 million from the New York State Energy Research and Development Authority (NYSERDA) through the Renewable, Clean Energy and Energy Efficiency Product Manufacturing program.

Albany, NY - July 15, 2009 - (RealEstateRama) -- "At a time when many New Yorkers are affected by the economic downturn, we must ensure that our most vulnerable are protected and provided with the resources they need. This critical funding will provide affordable housing to thousands of New Yorkers statewide," said Governor Paterson.

Washington, DC - July 13, 2009 - (RealEstateRama) -- Congressman Brian Higgins (NY-27) and Town of Cheektowaga Supervisor Mary Holtz announced that Cheektowaga will receive $1,045,720 in federal funding through the U.S. Department of Housing and Urban Development Community Development Block Grant (CDBG) program.

Washington, D.C. - July 13, 2009 - (RealEstateRama) -- Congressman Eliot Engel announced the awarding of a $4,652,495 Housing and Urban Development (HUD) grants for Westchester County. The grants are to rapidly re-house families who become homeless, or prevent them from becoming homeless in the first place.

Washington, D.C.- July 13, 2009 - (RealEstateRama) -- Congressman Eliot Engel announced the awarding of an $860,643 Housing and Urban Development (HUD) grant for Rockland County. The grant is to rapidly re-house families who become homeless, or prevent them from becoming homeless in the first place.

Washington, D.C. - July 13, 2009 - (RealEstateRama) -- Congressman Eliot Engel announced the awarding of a $73,929,729 Housing and Urban Development (HUD) grant for New York City. The grant is to rapidly re-house families who become homeless, or prevent them from becoming homeless in the first place.

Albany, NY - July 13, 2009 - (RealEstateRama) – DHCR helped break ground recently on 330 Riverdale Avenue in Yonkers. The 11-story building will provide 153 apartments for low-income residents and is expected to be ready for occupancy in early 2011.

Riverhead, NY - July 13, 2009 - (RealEstateRama) – Standing at the Riverhead Free Library on Long Island, U.S. Senator Kirsten Gillibrand today announced that that a key Senate panel approved $500,000 to provide rebates for homes and businesses that install solar panels to generate energy.

NEW YORK, NY - July 8, 2009 - (RealEstateRama) – Mayor Michael R. Bloomberg and City Council Speaker Christine C. Quinn today announced a $20 million pilot program to turn unsold condominiums, unrented apartments and stalled construction sites into affordable housing opportunities for moderate- and middle-income families.

New York, NY - July 9, 2009 - (RealEstateRama) – The Federal Reserve Bank of New York today released Productivity Swings and Housing Prices, the latest article in its series Current Issues in Economics and Finance.

MANHATTAN, NY - July 9, 2009 - (RealEstateRama) – Public Advocate Gotbaum, joined by elected officials and advocates, today criticized Mayor Bloomberg for defending his administration’s failure to reduce homelessness by claiming that he had made city homeless shelters “a lot more attractive” to families.