Comptroller DiNapoli & A.G. Schneiderman Announce Guilty Plea and Sentencing of Robert Wiesner...
Comptroller Thomas P. DiNapoli and Attorney General Eric T. Schneiderman today announced the guilty plea of Robert Wiesner, the former Security Director for the Monroe County Water Authority, for working with others to rig the bidding process for a multi-million dollar public works contract in Monroe County.
Governor Cuomo and Members of the Congressional Delegation Announce More Than $4.3 Million in...
Governor Andrew M. Cuomo today announced that $4.3 million in federal grants have been awarded to 10 local governments in Westchester County to support 14 projects that address critical housing, public infrastructure, public facilities and economic development needs. These targeted high-need communities were previously prohibited from receiving funds from the U.S. Department of Housing and Urban Development because of the county's non-compliance with federal Fair Housing laws
AS TOXIC PLUMES CONTINUE TO SPREAD ON LI, SENATOR DEMANDS NAVY & NORTHROP GRUMMAN...
U.S. Senator Charles E. Schumer today called on the U.S. Navy and Northrop Grumman to immediately share data from their monitoring wells with all affected Long Island Water Districts. Schumer is urging the Navy and Northrop Grumman to work closely with these water districts in order to define the reach of the plume and to remediate it.
Governor Cuomo Launches Initiative to Return Thousands of New York City Apartments to Rent...
Governor Cuomo announced a major initiative to return up to 50,000 illegally deregulated apartments to rent regulation, restoring rights to thousands of tenants. The owners of the targeted buildings are receiving J-51 tax benefits and claim to be exempt from rent regulation, contrary to the law. Each will be instructed via a letter to re-register their units.
Governor Cuomo Announces $22.6 Million to Improve 1,166 Homes and Expand Homeownership Opportunities
Announcement Made at Rochester Housing, Community and Faith-Based Development Conference to Encourage More Housing, Increase Access to Services, and Revitalize Neighborhoods Throughout the Finger Lakes
2015 New York State housing market sales reach highest level since mid-2000s
Closed sales of residential properties in New York State grew by 8 percent in 2015 to reach 116,671, marking three consecutive years of sales exceeding the 100,000 mark, according to the annual housing market report released today by the New York State Association of REALTORS. The 2015 annual median sales price of $230,000 represents a 2.2-percent increase from 2014.
NEW COMMUNICATIONS TOWER GOES UP AT NYPA’S BLENHEIM-GILBOA POWER PROJECT
GILBOA—Workers put finishing touches Jan. 14 on a new communications tower at the New York Power Authority’s Blenheim-Gilboa Power Project that will boost cellphone service in Schoharie County. The 260-foot tower, near the project’s upper reservoir, replaces a smaller one used to communicate equipment readings to the hydroelectric plant below. It is the centerpiece of an agreement between NYPA and Verizon to improve cellular communications along the Route 30 corridor, between the towns of Middleburgh and Grand Gorge.
Banks steal millions from minority, low-income Westchester homeowners: IDC releases “The Next Great American...
Senators Jeff Klein (D-Bronx/Westchester) and Mayor Rich Thomas (D-Mount Vernon) on Monday unveiled “The Great American Bank Robbery,” a distressing report detailing the over $19 million dollar price tag that neglected, bank-owned and zombie properties cost communities throughout Westchester
Governor Cuomo Announces First Solar Schools Project at the New York Institute for Special...
Governor Andrew M. Cuomo today announced the New York Institute for Special Education in the Bronx will be the site of the state's first solar schools project and will have solar panel arrays installed thanks to a power purchase agreement with SolarCity. This public-private partnership is the first such agreement under the Governor's K-Solar program, which is designed to increase the use of renewable energy at public school districts and nonprofit schools across the state. As part of the agreement, the project will receive
A.G. Schneiderman Announces Major Settlement with Africa Israel over Condominium Development Practices
Attorney General Eric T. Schneiderman today announced a settlement with several subsidiaries of the publicly-traded conglomerate Africa Israel Investments Limited that requires the developer to complete 15 Broad Street in Manhattan, which has been stalled for nearly a decade and surrender control of the building to the condominium owners, to resolve defect claims at three condominiums in Manhattan and Brooklyn, and to pay $2 million to New York City to compensate for improper receipt of tax benefits.
Statement From Deputy Mayor Alicia Glen And NYCEDC President Maria Torres-Springer on 2015 Venture...
Reports on PricewaterhouseCoopers LLP and the National Venture Capital Association’s analysis of Venture Capital funding indicate that $5.95 billion of venture-capital funding was invested in New York City companies in 2015, up 62 percent from the $3.67 billion invested in 2014. In total, there were 395 venture-capital deals in 2015, up from 367 the previous year.
Governor Cuomo Announces $26.3 Million in State Grants and Loans For Water Infrastructure Projects
Governor Andrew M. Cuomo today announced $26.3 million in grants and interest-free loans to support seven vital environmental improvement projects across the state. "Today we are continuing to revitalize local infrastructure and improve communities across the state," said Governor Cuomo.
New York State Announces Progress to Address Contamination at Saint-Gobain Performance Plastics Site and...
The New York State Department of Environmental Conservation (DEC) and Department of Health (DOH) today called on the U.S. Environmental Protection Agency (EPA) to add the Saint-Gobain Performance Plastics Corporation McCaffrey Street Plant and other possible sources of contamination in Hoosick Falls to the National Priorities List (NPL) under the federal Superfund program and to undertake a full environmental investigation to address the sources of contamination.
HPD COMMISSIONER BEEN AND HDC PRESIDENT RODNEY ANNOUNCE DEVELOPMENT TEAM DESIGNATED TO BUILD 105...
The New York City Department of Housing Preservation and Development (HPD) Commissioner Vicki Been, and New York City Housing Development Corporation (HDC) President Gary Rodney today announced the selection of a team to develop a site located at St. Ann’s Avenue and East 142nd Street in the Mott Haven neighborhood of the Bronx. The designated team, led by The Community Builders, Inc., was selected through a competitive Request for Proposals (RFP) process
A.G. Schneiderman Announces Convictions Of NYC School Construction And Housing Authority Contractor And Labor...
Attorney General Eric T. Schneiderman and New York City Department of Investigation Commissioner Mark G. Peters announced today the convictions and sentencing of a contractor, Baldlev Singh, who with his brother Avtar Singh, also operated as labor brokers, for underpaying and stealing wages from workers on New York City School Construction Authority (SCA) and New York City Housing Authority (NYCHA) public works projects.
Consumers Expect Lower Household Income, Earnings and Spending Growth
The December 2015 Survey of Consumer Expectations (SCE)results indicate that median expected growth in household income, earnings and especially household spending all declined. Labor market expectations are mixed compared to last month: Perceived layoff risk declined, but the perceived likelihood of finding a new job (if one were to lose their job today) also declined, although it remained at the high end of the range recorded since the inception of the survey
Ulster County Executive Mike Hein Announces Availability Of Funding For 2016 Youth Programs
Ulster County Executive Mike Hein and Youth Bureau Director Evelyn Clarke announce the Ulster County Youth Bureau is accepting Request for Applications for the New York State Office of Children and Family Services (OCFS) Youth Development grants. The Ulster County Youth Bureau administers the Youth Development Program (YDP) and Runaway & Homeless Shelter (RHYA) funding from OCFS and Ulster County to support youth programs.
Rockefeller Center® Christmas Tree goes home with Habitat for Humanity
As the Rockefeller Center Christmas Tree leaves the plaza Jan. 9, its next journey will bring new life to a Habitat for Humanity home. In a nearly decadelong tradition, Tishman Speyer, the owner and manager of Rockefeller Center, will donate lumber from the tree to Habitat for Humanity. This year, the 78-foot-tall Norway spruce will stay in its home state of New York where it will be used by Habitat for Humanity of Greater Newburgh.
NEW YORKERS WITH DISABILITIES SHOULD NOT BE PREVENTED FROM RESIDING IN THEIR COMMUNITIES IN...
Right Now, Individuals With Disabilities Who Might Need Help With Everyday Tasks Such as Eating, Dressing, Bathing, Maintaining Meds & More Are Not Given the Option to Live In the Setting of Their Choosing; Schumer Says This Denies People With Disabilities the Freedom to Live Independently
IDC unveils New York 2020 Agenda: A Blueprint for a Better New York
Robust policy package addresses education, housing, jobs and quality-of-life for all New Yorkers
Albany, NY– January 8, 2015 – (RealEstateRama) — The Independent Democratic Conference released the New...
COMPTROLLER STRINGER AND HUMAN RESOURCES ADMINISTRATION COMMISSIONER BANKS ANNOUNCE AN OVERHAUL OF CITY’S HIV/AIDS...
In a joint announcement, New York City Comptroller Scott M. Stringer and New York City Human Resources Administration (HRA) Commissioner Steven Banks unveiled today an overhaul of how the City manages and oversees vendors providing a range of housing services to HIV/AIDS Services Administration (HASA) clients, following the release of an audit which found significant weaknesses in HRA’s operations that potentially put vulnerable New Yorkers at risk.
New York Fed Concludes the Mortgage Operations Counterparty Pilot Program
The New York Fed concluded its Mortgage Operations Counterparty (MOC) Pilot Program on December 31, 2015. The intent of the program, which was announced in August 2014, was to explore ways to broaden the range of firms acting as counterparties in the Federal Reserve’s open market operations, and to determine the extent to which firms beyond the Primary Dealer community can augment the New York Fed’s operational capacity and resiliency in its monetary policy operations.
Governor Cuomo Announces Program to Train Fort Drum Military Personnel For Jobs in Solar...
Governor Cuomo announced New York will participate in the U.S. Department of Energy's Solar Ready Vets training program, which will provide military personnel stationed at Fort Drum, NY with technical skills to obtain jobs in the growing solar industry after they transition from active service. This is the first Solar Ready Vets training cohort in New York, and just the eighth offered at military installations in the U.S. The inaugural New York-based class under the program will begin on January 11
Banks steal $16 million from homeowners: IDC unveils “The Next Great American Bank Robbery”
Senators Jeff Klein (D-Bronx Westchester) and Diane Savino (D-SI/Brooklyn), stood with victims and housing advocates today to unveil “The Great American Bank Robbery,” a distressing report detailing the multi-million dollar price tag abandoned and vacant properties cost communities throughout New York City. Joined by foreclosure and legal advocates, they called for a two-step legislative plan to hold banks accountable while ensuring that decaying properties are maintained.
Mintz Levin Expands Real Estate and Litigation Capabilities in New York
Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. is expanding its New York office with the addition of Patricia L. Kantor and Anthony J. Viola, who join the firm’s Real Estate and Litigation practices, respectively. Both attorneys will serve as Members.
