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New York State Approves $38.9 Million in Financing to Preserve and Create 301 Affordable...

NEW YORK, NY - January 29, 2009 - (RealEstateRama) – New York State today approved $38.9 million in financing to preserve and create 301 units of affordable housing throughout the state. The approvals were made by the NYS Housing Finance Agency (HFA) and the NYS Affordable Housing Corporation (AHC)

Fast Actions Saves More than 1,100 Units of Affordable Housing

Albany, NY - January 27, 2009 - (RealEstateRama) – The New York State Division of Housing and Community Renewal (DHCR) was the first housing agency in the nation to address financing gaps and other problems caused by the economic downturn. As a result the agency preserved 15 threatened developments, saving 1,132 units of affordable housing

Nearly 21,600 Homes to Benefit from $108 Million in Weatherization Assistance this Year

Albany, NY - January 27, 2009 - (RealEstateRama) – Governor David A. Paterson today announced that New York would receive an additional $48 million in federal funding for the State's Weatherization Assistance Program (WAP), bringing this year's total amount of available federal funds to $108 million.

Arrests Part of AG’s Ongoing Statewide Initiative to Protect Vulnerable Nursing Home Residents

ROCHESTER, N.Y. - January 29, 2009 - (RealEstateRama) – Attorney General Andrew M. Cuomo today announced the arrests of two healthcare workers for allegedly abusing elderly residents in separate incidents at Rochester area nursing homes

Federal Home Loan Bank Of New York Backs $142 Million In Nyc Housing Development...

NEW YORK, N.Y. - January 29, 2009 - (RealEstateRama) – The Federal Home Loan Bank of New York(FHLB-NY) has purchased $140 million in taxable bonds issued by the New York City Housing Development Corporation (HDC) to support the development and preservation of thousands of units of affordable housing in New York City.

DHCR Announces Community Planning Grants to Support Local Planning Efforts

Albany, NY - January 29, 2009 - (RealEstateRama) – Deborah VanAmerongen, commissioner of the state Division of Housing and Community Renewal (DHCR) announced nearly $500,000 in Community Planning grants to 23 municipalities in 19 counties around Upstate New York.

DHCR’s Office of Community Renewal Announces Funding Available for 2009 NYS Community Development Block...

Albany, NY - January 28, 2009 - (RealEstateRama) – DHCR's Office of Community Renewal (OCR) announces the availability of approximately $40 million in NYS Community Development Block Grant (CDBG) funding for the 2009 Annual Competitive Round Program and the Open Round Economic Development Programs, and approximately $5 million in ...

Hampshire Partners Fund VII Acquires Two Buildings and Land in Hauppauge, N.Y.

Hauppauge, N.Y. - January 28, 2009 - (RealEstateRama) – The Hampshire Companies, a full service, private real estate investment fund manager with equity in assets valued at over $2 billion, has announced the acquisition of two buildings totaling 52,500 square feet situated on 1.98 acres in Hauppauge, N.Y. from Siemens Energy and Automation.

SL Green Inks Over 85,000 Square Feet in January 2009

NEW YORK, NY - January 27, 2009 - (RealEstateRama) – SL Green Realty Corp. (NYSE:SLG) today announced that an affiliate of Wells Fargo Bank, Wells Fargo Trade Capital, has signed a 10-year lease totaling 44,716 square feet at 100 Park Avenue.

DHCR Helps Make Free Assistance Available to Homeowners at Risk of Foreclosure

Albany, NY - January 26, 2009 - (RealEstateRama) – Executive Deputy Commissioner Brian Lawlor participated in a press conference recently to announce the availability of free, quality foreclosure prevention counseling in the Capital Region and throughout the state.

New York Banking Department and RealtyTrac® Release Fourth Quarter and Full Year 2008 Foreclosure...

New York, N.Y. - January 25, 2009 - (RealEstateRama) – The New York State Banking Department and RealtyTrac® released New York county-level foreclosure statistics for the fourth quarter and full year ended December 31, 2008. According to RealtyTrac there were 8,366 properties with foreclosure filings in New York during the fourth quarter of 2008 and 50,032 during the full year 2008.

Metro Commercial Inks 11,000 SF Auto Zone Deal in Nanuet, NY

The #1 auto parts retailer relocates to the prestigious Rockland Center Shopping Center Fort Lee, NJ - January 22, 2009 - (RealEstateRama) – Metro Commercial announced today that it has brokered an 11,000 square foot lease for Auto Zone in the Rockland Center Shopping Center in Nanuet, New York.

Governor Paterson Announces Federal Approval of State Plan to Distribute $54.5 Million in Funding...

Grants Will Help Buy, Renovate and Resell Foreclosed and Abandoned Properties throughout State New York, NY - January 23, 2009 - (RealEstateRama) – Governor David A. Paterson announced that the U.S. Department of Housing and Urban Development

Statement by Mayor Bloomberg on Start of the Public Approval Process for Coney Island...

Department of City Planning Will Tomorrow Initiate the Seven-Month Uniform Land Use Review Procedure for Revitalization of Coney Island Plans Will Be Reviewed in a Series of Public Hearings and Will Go Before the Local Community Boards, the Borough President, the City Planning Commission and the City Council

Mayor Bloomberg and Hud Secretary Preston Announce Federal Approval of $24 Million for New...

New York, NY- January 14, 2009 - (RealEstateRama) – Mayor Michael R. Bloomberg, United States Department of Housing and Urban Development (HUD) Secretary Steve Preston and City Council Speaker Christine C. Quinn today announced the approval of $24 million in emergency assistance to allow New York City to buy, renovate and resell foreclosed properties.

Lighthouse Financial Group Expands into 17,000 Sq Ft at SL Green’s 420 Lexington Avenue

New York, NY - January 6, 2008 - (RealEstateRama) – SL Green Realty Corp. (NYSE: SLG) today announced that Lighthouse Financial Group has expanded by 12,000 square feet and simultaneously extended its term for a total commitment of 17,000 square feet at 420 Lexington Avenue (aka the Graybar Building) the 30-story 1.2-million square foot property that towers above Grand Central Terminal at Lexington Avenue and East 45th Street

State has Provided More Than $2.3 Million to Assist Homeowners in Every Region New...

Albany, NY - January 2, 2009 - (RealEstateRama) – Governor David A. Paterson today announced $2.3 million in grants as part of New York’s ongoing efforts to address the subprime mortgage crisis in every county of the State.

NYS Housing Finance Agency Issues RFP for Sale of Howard Park Unit in Queens...

NEW YORK - January 12, 2009 - (RealEstateRama) – The New York State Housing Finance Agency (HFA) today issued a Request for Proposals for developers interested in purchasing the site of the Howard Park Unit in the Howard Beach section of Queens for the development of 100 affordable housing units for low-income senior citizens

HCI and Consumer One to Pay Over $650,000 in Restitution After Illegally Charging Black...

NEW YORK, NY - January 5, 2009 - (RealEstateRama) – Attorney General Andrew M. Cuomo today announced results of a landmark investigation with the New York State Department of Banking into discriminatory practices in the mortgage brokerage industry.

DHCR Grants Will Help Seniors Repair Dangerous Conditions in Their Homes

Albany, NY- December 22, 2008 - (RealEstateRama) – The state Division of Housing and Community Renewal has announced $3 million in grants from the Residential Emergency Service...

New York State Senate Confirms Bill Myers to the Board of the State of...

NEW YORK, NY - December 22, 2008 - (RealEstateRama) – Bill Myers, founder of the Alternatives Federal Credit Union, has been confirmed by the New York State...

New York’s REALTORS lament missed opportunity in governor’s budget proposal

Albany, NY - December 17, 2008 - (RealEstateRama) – Today, New York’s 62,000 REALTORS are united in their disappointment that Gov. David Paterson’s budget proposal did not...

NYS Housing Finance Agency Issues “Request for Proposals” for $64.5 Million in Grants to...

NEW YORK - December 17, 2008 - (RealEstateRama) – The New York State Housing Finance Agency (HFA) today issued a Request for Proposals to...

Enterprise Commends President-Elect Obama for Selection of Shaun Donovan to Lead U.S. Department of...

Columbia, MD - December 16, 2008 - (RealEstateRama) – Enterprise Community Partners, Inc. applauds President-Elect Barack Obama for selecting Shaun Donovan to lead the U.S....

HDC Approves $8,000,000 for the Rehabilitation of Senior Housing in Brooklyn “Sons of Italy...

NEW YORK, N.Y., December 10, 2008 - (RealEstateRama) – The New York City Housing Development Corporation (HDC), has approved the issuance of $8,000,000 in tax-exempt...