BROOKLYN ATTORNEY CONVICTED IN MULTIMILLION-DOLLAR MORTGAGE FRAUD SCHEME
New York, NY - February 6, 2009 - (RealEstateRama) – LEV L. DASSIN, the Acting United States Attorney for the Southern District of New York, announced that attorney ALEXANDER KAPLAN was found guilty today of participating in a multimillion-dollar mortgage fraud scheme. KAPLAN was found guilty, after a two-week jury trial in Manhattan federal court, on all eighteen counts in the Indictment against him.
Triennial Study Shows That New York City’s Total Housing Supply and Neighborhood Satisfaction Reach...
New York, NY - February 10, 2009 - (RealEstateRama) – Mayor Michael R. Bloomberg, Deputy Mayor for Economic Development Robert C. Lieber and Department of Housing Preservation and Development (HPD) Acting Commissioner Marc Jahr today released the initial results of the 2008 New York City Housing and Vacancy Survey.
NYS Affordable Housing Corporation Approves $459,000 Grant to Build 12 Affordable Single-Family Homes in...
NEW YORK, NY - January 29, 2009 - (RealEstateRama) – The board of the New York State Affordable Housing Corporation (AHC)today approved a $459,000 grant to the Community Development Agency of the City of Gloversville for the construction of twelve single-family modular units.
NYS Affordable Housing Corporation Approves $700,000 Grant to Build 20 Affordable Homes in the...
NEW YORK, NY - January 29, 2009 - (RealEstateRama) – The board of the New York State Affordable Housing Corporation (AHC) today approved a $700,000 grant to North Country Affordable Housing, Inc. for the construction of 20 single-family homes in Jefferson, Lewis, Oneida and St. Lawrence counties.
NYS Affordable Housing Corporation Approves $300,000 Grant to Improve 50 Homes in Onondaga County
NEW YORK, NY - January 29, 2009 - (RealEstateRama) – The board of the New York State Affordable Housing Corporation (AHC) today approved a $300,000 grant to the Onondaga County Community Development Division to finance improvements for 50 single-family homes in the county.
NYS Affordable Housing Corporation approves $1.4 Million Grant to Finance 35 Affordable Condominiums in...
NEW YORK, NY - January 29, 2009 - (RealEstateRama) – The board of the New York State Affordable Housing Corporation (AHC) today approved a $1.4 million grant to the Village of Port Chester to finance the construction of 35 single-family condominium units.
NYS Affordable Housing Corporation Approves $800,000 To Rehab 78 Rochester Homes
NEW YORK, NY - January 29, 2009 - (RealEstateRama) – The board of the New York State Affordable Housing Corporation (AHC) today approved two grants totaling $800,000 to finance improvements to 78 single-family homes in the City of Rochester.
NYS Housing Finance Agency Approves $35.25 Million in Financing for 106 Affordable Housing Units...
NEW YORK, NY - January 29, 2009 - (RealEstateRama) – The board of the New York State Housing Financing Agency (HFA) today approved $35.25 million in financing to build 106 affordable housing units--including 55 units for households with special needs--in the Morris Heights section of the Bronx.
Despite December uptick, New York State housing sales down in 2008
Albany, NY - January 29, 2009 - (RealEstateRama) – Existing single-family home sales in New York State in 2008 fell by 16.2 percent compared to 2007 as the market responded to the effects of tighter mortgage availability, a shrinking economy and a decline in consumer confidence.
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
