New York RealEstateRama

The New York Power Authority will host on Wednesday a first responders training at the Niagara Power Project. NYPA security and staff will work with the Niagara County Sheriff’s Department Emergency Response Team on this exercise, which will run from 5-10 p.m. and involve deputies in full tactical gear and SWAT vehicles

SBH Health System (St. Barnabas Hospital), L+M Development Partners and Hornig Capital Partners joined New York State Homes and Community Renewal (HCR), New York City’s Department of Housing Preservation and Development (HPD), and Wells Fargo today to break ground on a new $156 million, mixed-use development on the SBH Health System campus that incorporates affordable housing with a range of on-site services aimed at easing health disparities and promoting wellness in the Bronx

U.S. Senators Charles E. Schumer and Kirsten Gillibrand today announced that Long Island MacArthur Airport is receiving a $3,874,557 U.S. Department of Transportation (DOT) Federal Aviation Administration (FAA) grant to construct an Aircraft Rescue and Firefighting Building. Earlier this year, the Senators announced $5,880,437 for the Firefighting Building.

Governor Cuomo directed the New York State Division of the Budget to execute a memorandum of understanding to release approximately $2 billion in funding for the creation of more than 100,000 units of affordable and supportive housing over the next five years, including 6,000 units of supportive housing. Here is his announcement

A lengthy investigation into illegal sand mining and solid waste dumping at a property in Holtsville, town of Islip, has resulted in a $700,000 fine and an order to clean up the site, New York State Department of Environmental Conservation (DEC) Commissioner Basil Seggos announced today

Governor Andrew M. Cuomo today announced the grand opening of the $14.4 million Trolley Station Apartments in Canandaigua, Ontario County. The 48-unit supportive housing development, operated by DePaul Community Services, offers residential based services for low-income individuals and residents with behavioral health issues

State Senator Jeff Klein (D-Bronx/Westchester) and NYCHA Chair and CEO Shola Olatoye, Assemblyman Marcos Crespo (D-Bronx), and Councilwoman Annabel Palma (D-Bronx) joined tenants of the Sack Wern Houses to announce the delivery of hundreds of new refrigerators today

Frederick C. Braun III, chairman of the Town of Brookhaven Industrial Development Agency (IDA), announced that the agency has closed on an economic assistance package that will allow two Ronkonkoma businesses to relocate to a 25,000 square foot building in Yaphank

Governor Andrew M. Cuomo today directed Robert Mujica, Director of the New York State Division of the Budget, to execute a memorandum of understanding to release $2 billion in funding to advance the creation of more than 100,000 units of affordable and supportive housing over the next five years. The executed agreement is now before the New York State Senate and Assembly for action.

the U.S. Department of Housing and Urban Development (HUD) awarded $56.5 million to 77 Native American communities throughout the country to improve housing conditions and stimulate community development for residents, including funding construction projects and local jobs. The grants are part of HUD’s Indian Community Development Block Grant (ICDBG) Program, which supports a wide range of community development and affordable housing activities. See a list of award winners below, and read individual project summaries here.

U.S. Senators Charles E. Schumer and Kirsten Gillibrand today announced $119,230 in federal funding for infrastructure projects at the Randall Airport operated by the Aerodrome Development Corporation. The funding was allocated through the U.S. Department of Transportation’s (DOT) Federal Aviation Administration (FAA) Program. The Randall Airport will use the funding to purchase .247 acres of land needed for future airport development, and to rehabilitate over 8,700 square yards of the existing apron to maintain the structural integrity of the pavement

U.S. Senators Charles E. Schumer and Kirsten Gillibrand today announced $2,808,000 in federal funding for the Griffiss International Airport located in Rome. The funding was allocated through the U.S. Department of Transportation’s (DOT) Federal Aviation Administration (FAA). This federal funding will enable the airport to construct a snow removal equipment building, so it can safely and efficiently store the tools that will allow it to keep runways and taxiways clear during all months of the year

The awards, made following a Request for Proposals issued in June, will support the ongoing service and operating expenses of supportive housing projects. This funding will be made available to supportive housing providers under five-year contracts which are renewable at the end of their term. New York State Homes and Community Renewal and the Office of Temporary and Disability Assistance will work with supportive housing providers who have received these conditional contract awards to secure the capital funding needed to complete supportive housing projects. These awards represent a major step forward in the Governor’s unprecedented $2.6 billion, five-year plan to construct 6,000 new supportive housing units across New York State

The August 2016 Survey of Consumer Expectations shows an increase in both short-term and medium-term inflation expectations. In particular, the median year-ahead inflation expectations reached its highest level of the year. Median expected household income growth also increased (for the third month in a row) to its highest level since May of 2015. Labor market expectations were mixed: Expectations about finding a job and earnings growth both improved, but the perceived probability of losing a job and expectations about the unemployment rate both increased slightly.

Congressman Jerrold Nadler (D-NY), senior member of the House Judiciary Committee and Ranking Member of the Subcommittee on Courts, Intellectual Property and the Internet, delivered the following remarks on the House Floor opposing Republican legislation that eliminates critical public interest protections when the government enters into a settlement agreement with corporate wrongdoers.

Congressman Eliot L. Engel, a senior member of the House Energy and Commerce Committee, has announced the Department of Veterans Affairs (VA) has awarded federal grant money to Westchester Community Opportunity Program, Inc. (WestCOP) under the Supportive Services for Veteran Families (SSVF) program to help low-income veteran families get and keep their own homes. The total allocation of $1,935,797 to WestCOP, which operates throughout the Lower Hudson Valley, will help hundreds of low-income veteran families in Yonkers, Mt. Vernon, and New Rochelle who are permanently housed or transitioning to permanent housing.

U.S. Senators Charles E. Schumer and Kirsten Gillibrand today announced $14,074,580 in federal funding from the Department of Veterans Affairs (VA) for seven organizations in New York City and Long Island that provide services to low-income, at-risk Veterans and their families. The grants are being provided under the VA’s Support Services for Veterans Families (SSVF) program, which helps Veteran families around the nation who are permanently housed or transitioning to permanent housing. The SSVF grant program provides access to crucial services to prevent homelessness for Veterans and their families

U.S. Senators Charles E. Schumer and Kirsten Gillibrand today announced $14,074,580 in federal funding from the Department of Veterans Affairs (VA) for seven organizations in New York City and Long Island that provide services to low-income, at-risk Veterans and their families. The grants are being provided under the VA’s Support Services for Veterans Families (SSVF) program, which helps Veteran families around the nation who are permanently housed or transitioning to permanent housing. The SSVF grant program provides access to crucial services to prevent homelessness for Veterans and their families

Attorney General Eric T. Schneiderman today announced a settlement with real estate developers Jeshayahu Boymelgreen, Itzhak Katan, and Domenick Tonacchio and several of their entities. The settlement ends the Attorney General’s investigation of potential Martin Act violations at six condominiums in Manhattan and Brooklyn that were developed by Boymelgreen either in partnership with others or on his own. The agreement also bars Boymelgreen from participating in the offer or sale of securities, including condominiums, in or from New York State for a period of two years

U.S. Senator Charles E. Schumer today announced the High Tech of Rochester (HTR) will receive $2.6 million in federal funding through the Economic Development Administration (EDA) to construct its new Business Accelerator. HTR plans to build the Accelerator on the sixth floor of the recently redeveloped Sibley Building in downtown Rochester. In June, Schumer – in a letter and a personal phone call to the head of EDA, Assistant Secretary of Commerce Jay Williams – urged the federal agency to expeditiously approve this funding, citing that the new business incubator would complete the Sibley Building’s renovation by providing a crucial engine for job creation.

Rep. Joe Crowley (D-Queens, the Bronx), Vice Chair of the Democratic Caucus, along with NYS Assemblymember Aravella Simotas (D-Astoria) and NYC Council Member Costa Constantinides (D-Astoria), were joined by local residents at a press conference to denounce Amtrak’s exorbitant rent increase for homeowners who live adjacent to the trusses of the Hell Gate Bridge, which is operated by the agency.