New York RealEstateRama

The United States Environmental Protection Agency (EPA) announced that Ulster County government ranks 23rd in its leading edge commitment to use green power among local governments nationally. Currently, Ulster County purchases 139%, or nearly 19 million kilowatt-hours (kWh), of green electricity from sustainable sources annually through a combination of renewable energy certificates and utility green power product

MERSCORP Holdings, Inc. today announced the Supreme Court of New Hampshire ruled in favor of New York Community Bank, finding that as assignee of MERS, it was authorized to foreclose. In pdf Bergeron v. New York Community Bank (102 KB), the Plaintiff challenged the defendant’s authority to foreclose, alleging the defendant did not prove that it was the genuine holder of the note and seeking an order to restrain the defendant from foreclosing.

Congressman Brian Higgins (NY-26) joined members of the Distressed Properties Task Force in Western New York to announce the Vacant Homes Act, a bill designed to expedite the sale of underwater homes and foreclosures to prevent the buildup of vacant homes in neighborhoods and communities.

The New York State Office of Temporary and Disability Assistance (OTDA) recently helped celebrate the grand opening of The Morris, a 39-unit building in the Bronx that includes 19 units set aside as permanent supportive housing for survivors of domestic violence and their children.

New York State Comptroller Thomas P. DiNapoli today recommended improvement of oversight of the Long Island Power Authority (LIPA) after a report by his office found that previous reforms have not reduced costs for ratepayers and debt levels continue to rise.

WASHINGTON, D.C. - July 27, 2015 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced that $4.1 million in Federal grants are available through New York State Homes and Community Renewal, to 42 cities, towns and villages in Westchester for housing, public infrastructure, public facilities and economic development activities. Prior to this year, these municipalities were part of the Westchester County Consortium that was prohibited from receiving funds from the U.S. Department of Housing and Urban Development (HUD) due to the County's non-compliance with federal Fair Housing requirements.

The owner of a building in Bed-Stuy, who is connected to a string of “hip” developments in Brooklyn, has been charged with illegally cutting pay, threatening and firing the workers at 1711 Fulton Street in the Bedford-Stuyvesant neighborhood, according to a complaint issued today by the National Labor Relations Board (NLRB)

the National Low Income Housing Coalition (NLIHC) and two of its state partners, the New York State Tenants & Neighbors Information Service and the Supportive Housing Network of New YorkouH, released the findings of a state-wide public opinion poll that measured New York registered voter support for changing the mortgage interest deduction, addressing homelessness, and creating more affordable housing.

U.S. Senators Charles E. Schumer and Kirsten Gillibrand, and Representatives Steve Israel (NY-3), Lee Zeldin (NY-1), Gregory Meeks (NY-5), Kathleen Rice (NY-4) and Peter King (NY-2) today announced that the Long Island Power Authority (LIPA) will receive $21,188,947.15 in federal funding for emergency work and additional protective work done as a result of Superstorm Sandy. The award will be made in two separate grants

U.S. Senators Charles E. Schumer and Kirsten Gillibrand, and Representatives Steve Israel (NY-3), Lee Zeldin (NY-1), Gregory Meeks (NY-5), Kathleen Rice (NY-4) and Peter King (NY-2) today announced that the Long Island Power Authority (LIPA) will receive $21,188,947.15 in federal funding for emergency work and additional protective work done as a result of Superstorm Sandy. The award will be made in two separate grants.

The New York Power Authority and Monroe County today announced the completion of a $15.2 million energy efficiency project at the Monroe County Civic Center that will save more than $750,000 in annual energy costs

Town of North Hempstead Supervisor Judi Bosworth and the North Hempstead Town Board are partnering with WaterSense, a United States Environmental Protection Agency (EPA) program that seeks to conserve the future of our nation’s water supply by offering people easy ways to minimize water waste with the use of water efficient products, professionals, and services.

Representative Sean Patrick Maloney (NY-18) announced a $3,592,530 investment by the Department of Housing and Urban Development for Orange County for Community Development Block Grants (CDBG) and HOME. Both of these programs promote economic growth through housing assistance and expanding local economic projects.

Assembly Member Walter Mosley and the Urban Homesteading Assistance Board stood with tenants from 363 Grand Avenue today as they and Legal Services NYC’s Brooklyn program announced a lawsuit to compel the City and the current and past owners of the building to live up to regulatory agreements that would provide long-term, affordable housing. (Above: LSNYC Staff Attorney Maura McHugh Mills with Assemblymember Walter Mosley and tenants in front of the Vendome)

The New York State housing market posted healthy gains in nearly all categories including sales, median selling price and pending sales during the first half of 2015, according to the housing market report released today by the New York State Association of REALTORS. Closed sales were up 3.4 percent in the first six months of 2015 compared to the same period last year, while the median sales price increased 3 percent and the number of pending sales jumped more than 12 percent.

The New York State Economic Development Power Allocation Board will hold a meeting, via videoconference, on Monday, July 27, at 10:00 a.m. Consistent with Section 104(4) of the Open Meetings Law, the public has the right to attend the meeting at any of the videoconference locations shown below

Nassau County Executive Edward P. Mangano announced that the historic public-private partnership between United Water and Nassau County today received an award for innovation from the National Council for Public-Private Partnerships for its wastewater operation. The award ceremony took place at the P3 Connect 2015 National Conference for Public Private Partnerships in Boston

HUD’s Current ‘Duplication of Benefits’ Policy Would Requires Homeowners to Use Their Additional FEMA NFIP Insurance Money to Repay Federally-Financed CDBG Funds They Received Via NY Rising; Many of these Sandy Victims Have Already Endured Hardship, Denial of Claims & Payment Delays Due to Potentially Fraudulent Schemes Involving Flood Insurance Companies & Engineering Firms

New York Power Authority (NYPA) President and Chief Executive Officer Gil C. Quiniones and Monroe County Executive Maggie Brooks will announce the completion of a $15.2 million energy efficiency project at the Monroe County Civic Center on Thursday, July 23, at 11 a.m.

New York City Economic Development Corporation (NYCEDC) today announced the sale of a 51,000 square foot parcel in East Harlem for the construction of The New York Proton Center (NYPC), the first proton beam therapy facility in New York State. The Center will provide a state-of-the-art cancer treatment regimen using targeted radiation that is especially effective on pediatric, head and neck, and eye cancers, among others.

Congressman Gregory Meeks released the following statement regarding New York City’s Build It Back program’s new policy initiatives regarding reimbursement for homeowners who received SBA loans in the aftermath of Super Storm Sandy

Governor Cuomo announced the approval of a bold new community initiative enabling millions of New Yorkers to access clean and affordable energy for the first time. Proposed in Governor Cuomo’s 2015 State of Opportunity Agenda, Shared Renewables provides opportunities for renters, homeowners, low-income residents, schools and businesses to join together to set up shared renewable energy projects resulting in healthier and stronger communities

New York City Housing Authority (NYCHA) and Citi today announced “Doorways to Opportunity,” a multi-partner initiative that provides public housing residents across New York with access to employment opportunities, free financial counseling and entrepreneurship training in partnership with community organizations.

Following Limited Inspection In May Of Federally-Subsidized Complex, Schumer Called On HUD To Launch Top-To-Bottom Investigation ASAP; Asked HUD To Look Into Why The Apartment Building Has Been Allowed to Deteriorate & What Can Be Done to Hold the Landlord Accountable – Schumer Pushed HUD To Do Inspection ASAP, Despite The Fact That Next Review Was Not Set To Be Conducted Until 2016

Hunt Mortgage Group, a commercial real estate lender, announced today that Michael A. Abbasfard has joined the firm as Vice President in the Small Loan Group. In this role, he will source and originate Freddie Mac and Fannie Mae small loans for clients in the Mid-Atlantic region. He will be based in Tysons Corner, Virginia and will report to Owen Breheny, Director, at Hunt Mortgage Group