New York RealEstateRama

Yonkers, NY - June 15, 2009 - (RealEstateRama) – Continuing in his mission to expand the amount of quality, affordable housing for hardworking Yonkers residents, Mayor Philip A. Amicone, chairman of the Yonkers Industrial Development Agency (IDA), joined the CEO of L+M Development Partners Inc., Ron Moelis, in a ceremony marking the start of construction on the $54.5 million 330 Riverdale Avenue affordable housing complex located in the heart of the city's Ludlow neighborhood.

WASHINGTON D.C. - June 12, 2009 - (RealEstateRama) — U.S. Senator Charles E. Schumer today announced that Chautauqua Home Rehabilitation and Improvement Corporation of Jamestown will receive a YouthBuild grant in the amount of $402,532 from the United States Department of Labor.

Saratoga Springs, NY - June 10, 2009 - (RealEstateRama) – Luther Forest Technology Campus Economic Development Corporation (LFTC) today announced the sale of 223 acres of land to GLOBALFOUNDRIES for the construction of Fab 2. This is the first monumental sale for the corporation for the buildout of the 1,414-acre campus located in Malta and Stillwater, New York. The land sold for $35,000 per acre as part of a tax incentive program designed specifically for the foundry.

NEW YORK, NY - June 9, 2009 - (RealEstateRama) – The New York City Housing Development Corporation (HDC) approved $378 million in Multi-Family Revenue...

New York, NY - June 11, 2009 - (RealEstateRama) – Mayor Michael R. Bloomberg today announced a new public campaign to encourage more New Yorkers to get the free legal assistance, mortgage counseling and education services that are available through the Center for NYC Neighborhood network of providers. While the program has been effective for those who have taken advantage of it, many New Yorkers who have suffered foreclosure filings have not sought the free help. The campaign will urge New Yorkers to call 311 and will highlight the confidentiality of the services.

New York, NY - June 10, 2009 - (RealEstateRama) – Mayor Michael R. Bloomberg today announced the creation of the Recovery Zone Facility Bond Program to provide financial assistance to commercial and industrial projects in all five boroughs that are unable to get traditional financing due to current economic conditions.

NEW YORK, NY- June 10, 2009 - (RealEstateRama) – The New York City Housing Development Corporation (HDC), the New York City Department of Housing Preservation and Development (HPD) and Bronx Pro Real Estate Management completed financing for 850 Jennings Street, an eight-story affordable rental apartment building to be constructed in the Crotona Park East section of the Bronx.

NEW YORK, NY - June 9, 2009 - (RealEstateRama) – The Board of Directors of the New York City Housing Development Corporation (HDC) approved $55.5 in tax-exempt Multi-family Housing Revenue Bonds for two affordable housing projects; one new construction in Manhattan and the other a large-scale refinancing and renovation project in Queens.

Washington D.C. - June 10, 2009 - (RealEstateRama) — U.S. Senator Charles E. Schumer today revealed that there are nearly 12,000 homeless veterans living in Upstate New York, and that the problem will likely worsen in the coming years as soldiers from Iraq and Afghanistan return home and recent veterans continue to struggle with untreated mental health and substance abuse problems.

NEW YORK, NY - June 9, 2009 - (RealEstateRama) — Attorney General Andrew M. Cuomo today announced his office is taking legal action against a leading New York foreclosure rescue company for charging illegal up-front fees and engaging in consumer fraud.

Albany, NY - June 9, 2009 - (RealEstateRama) — Members of the New York State Association of REALTORS will gather at the state Capitol tomorrow to impress upon their representatives in Albany the need for property tax relief, home buying incentives and number of other pro-homeownership initiatives.

Brooklyn, NY - June 8, 2009 - (RealEstateRama) — It happens to all of us. Everyone who works, at some point, will need to take time off to care for a family member in a need – a sick parent or spouse, or a new baby to welcome into the world.

West Babylon, NY - June 8, 2009 - (RealEstateRama) — The Multiple Listing Service of Long Island, Inc., (MLSLI) released May 2009 home figures, reporting a $365,000 closed median home price for Long Island, and a contracted median price of $410,200.

New York, NY - June 4, 2009 - (RealEstateRama) — LEV L. DASSIN, the Acting United States Attorney for the Southern District of New York, announced that ALEKSANDER LIPKIN, a/k/a "Alex," GARRI ZHIGUN, GALINA ZHIGUN, JOSEPH PAPERNY, FAINA PETROVSKAYA, JOHN GELIN, TOMER SINAI, and DANIEL MIKHLIN were each sentenced by United States District Judge RICHARD J. HOLWELL

NEW YORK, NY - June 5, 2009 - (RealEstateRama) — New York State today announced that Catholic Charities Progress of Peoples Development Corporation has been chosen to buy and develop the Bernard Fineson Developmental Disabilities Senior Office site in Howard Beach, Queens, into low- and moderate-income senior housing.

NEW YORK, NY - June 4, 2009 - (RealEstateRama) — The board of the New York State Affordable Housing Corporation (AHC) today approved $4.965 million in grants to finance the acquisition and renovation of 378 units of affordable housing throughout New York State.

NEW YORK, NY - June 4, 2009 - (RealEstateRama) — The board of the New York State Affordable Housing Corporation (AHC) today approved $700,000 in grants to finance renovations for 50 housing units in Cheektowaga and Lackawanna in Erie County.

NEW YORK, NY - June 4, 2009 - (RealEstateRama) — The board of the New York State Affordable Housing Corporation (AHC) today approved $2.27 million in grants to two nonprofit organizations to help acquire and rehabilitate 96 affordable homes on Long Island.

NEW YORK, NY - June 4, 2009 - (RealEstateRama) — The board of the New York State Affordable Housing Corporation (AHC) today approved $900,000 in grants to renovate 114 homes in the Southern Tier.

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.

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.

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.

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.

New York, NY - June 4, 2009 - (RealEstateRama) — A federal grand jury in Brooklyn returned an indictment charging nine defendants with a...

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.