New York RealEstateRama

Following SBA Officials Tour Of Tompkins County, Schumer and Gillibrand Write To SBA In Support Of Low-Interest Disaster Loans To Renters, Homeowners, Businesses For Communities In The Southern Tier And Finger Lakes Regions That Experienced Significant Rainfall And Flooding Last Month

Governor Cuomo unveiled plans for the Western New York Workforce Development Center, a new hub that will focus primarily on training for careers in the advanced manufacturing and energy sectors. To be located on Buffalo's East Side, the center will inhabit a 100,000-square-foot building at 683 Northland Avenue that has sat vacant for 25 years.

Agorafy, New York City’s new digital home for the real estate industry, has released its official Agorafy New York Real Estate App. The Agorafy New York Real Estate App is now available for free download on iOS and Android devices at the App Store and Google Play.

Mayor Bill de Blasio today announced that the City financed the creation and preservation of 20,325 affordable apartments and homes during fiscal year 2015, enough housing for more than 50,000 New Yorkers and the most in 25 years. The City broke an all-time record for the most new affordable apartments underway – nearly 8,500 – the highest figure since the City’s Department of Housing Preservation and Development was established in 1978

New York City Comptroller Scott M. Stringer today announced the settlement of a pre-litigation claim with the estate of Eric Garner for $5.9 million. Garner’s estate filed a claim against New York City in October 2014 for damages related to his death in July of last year

The New York Power Authority (NYPA) and Cornwall Central School District in Orange County have partnered to complete a $5.5 million energy efficiency project at the district’s five schools, saving more than $300,000 in annual energy costs. The upgrades will reduce harmful greenhouse gas emissions by 895 tons a year—the equivalent of removing roughly 190 cars from the road.

Mayor Bill de Blasio today announced that the City financed the creation and preservation of 20,325 affordable apartments and homes during fiscal year 2015, enough housing for more than 50,000 New Yorkers and the most in 25 years. The City broke an all-time record for the most new affordable apartments underway – nearly 8,500 – the highest figure since the City’s Department of Housing Preservation and Development was established in 1978

Nassau County Executive Edward P. Mangano today announced that the Department of Public Works (DPW), in partnership with United Water, has secured a New York Stated grant to explore the feasibility of constructing a microgrid on the property of the Bay Park Wastewater Treatment Plant. The microgrid would power locations in Bay Park and the Village of East Rockaway during times of emergency

The New York City Housing Authority (NYCHA) makes tens of thousands of New Yorkers wait for weeks, months and sometimes even years before fixing serious problems such as asbestos, missing carbon monoxide detectors, broken elevators, leaky ceilings, and faulty stoves due to poor management and oversight, according to an audit released today by New York City Comptroller Scott M. Stringer.

Marking 100 days on the job, New York City Housing Authority (NYCHA) General Manager Michael Kelly today announced “Fix-It-Forward,” a major initiative to overhaul maintenance and repair operations and advance the NextGeneration NYCHA goal of operating as an efficient an effective landlord. In line with the Authority’s 10-year strategic plan to focus on its core business as a landlord, Fix-It-Forward offers common-sense fixes to key parts of NYCHA’s repair process to decrease response times and increase the customer satisfaction of residents moving forward.

New York State Assembly Social Services Chair Andrew Hevesi today released a bi-partisan letter to Governor Cuomo signed by 133 members calling for the development of 35,000 new units of supportive housing by 2025 to address the state's growing homelessness crisis

State Senator Jeff Klein (D-Bronx/Westchester) and the Youth Service Opportunities Project (YSOP) donated summer backpacks to nearly 300 Bronx children from the Kips Bay Boys and Girls Club and the HELP Bronx Morris Avenue homeless shelter on Thursday.

State Senator Jeff Klein (D-Bronx/Westchester) and the Neighborhood Initiatives Development Corporation (NIDC) installed dozens of new peepholes for seniors and individuals with disabilities at Evergreen Gardens on Thursday

Congressman Paul Tonko (D-NY) released a Department of Transportation (DOT) report showcasing infrastructure needs in New York and highlighting the need for immediate action with only 21 days left until the Highway Trust Fund (HTF) expires on July 31st. Republican House Leadership was only able to extend the HTF for two months when it expired at the end of May, extending uncertainty for thousands of infrastructure projects and well-paying jobs across the state of New York and nationwide.

Governor Andrew M. Cuomo today announced two additional mortgage companies – First Niagara and Carrington Mortgage – will adopt a set of best practices to help combat the neighborhood blight and economic damage caused by vacant and abandoned "zombie properties." With today’s announcement, a total of 13 banks and mortgage companies representing approximately 70 percent of the New York market have now agreed to adopt these best practices.

The New York Power Authority has named Soubhagya Parija as senior vice president and chief risk officer, to administer all aspects of risk management and insurance at the nation’s largest state public power organization.

Attorney General Eric T. Schneiderman today announced the resolution of an investigation into non-payment of wages by Stonehenge Restoration Inc. (“Stonehenge”) and its owners and managers, Sulajman Koci and Witold Matejkowski, on constructions projects located in Manhattan and Brooklyn. The Attorney General’s agreement requires Stonehenge to pay back wages and liquidated damages totaling $76,429.81.

Governor Andrew M. Cuomo today announced awards of approximately $100,000 each will be given to 83 communities across the state to support innovative microgrid projects. These awards were granted as part of the NY Prize microgrid competition to support a new generation of community-based power under Governor Cuomo’s Reforming the Energy Vision strategy

U.S. Representative Kathleen Rice today called for apprenticeships to be included in Project Labor Agreements (PLAs) for federal construction projects. In a letter to President Obama and U.S. Secretary of Labor Tom Perez, Rice urged the President to encourage federal agencies to enter into PLAs with contractors that graduate apprentices from certified apprenticeship programs.

The Alliance for Downtown New York’s Board of Directors last night unanimously elected Brookfield Properties Partners’ Global Office CEO Dennis Friedrich as its new Chairman. Friedrich replaces Robert Douglass, who has served as the Alliance’s Chairman since its inception in 1995 and will remain a member on the Board of Directors.

In the New York State Comptroller’s report entitled “County Tax Cap Recap,” New York State Comptroller Thomas P. DiNapoli summarized tax cap compliance actions taken by counties throughout the State. Enacted in 2011, the Property Tax Cap legislation limits the amount by which local governments and school districts can raise property taxes – to the lesser of the rate of inflation or 2 percent

The New York City Department of Housing Preservation and Development (HPD) and New York City Mayor’s Office of Veterans’ Affairs joined The Jericho Project, B & B Supportive, and other partners to announce the start of construction on 2065 Walton Avenue, a new development that will provide affordable housing and supportive services to formerly homeless veterans and at-risk young adults, with special attention to the Lesbian, Gay, Bisexual, and Transgender homeless youth population

Governor Andrew M. Cuomo announced today the growth of solar in New York State has increased more than 300 percent from 2011 to 2014, which is twice the rate of U.S. solar growth overall. The significant increase affirms the value of Governor Cuomo’s Reforming the Energy Vision strategy – which includes the $1 billion NY-Sun Initiative – to build a clean, resilient and affordable energy system for all New Yorkers.

Omni Housing Development, LLC and New York State Homes and Community Renewal (HCR) joined other state and local partners today to celebrate the start of the substantial renovation of Ohav Shalom Apartments, a 210-unit affordable development for seniors. The 12-story development in Albany, built in 1974, is in need of major upgrades including building-wide systems, improvements to exterior and new kitchens and bathrooms. The financing provided by HCR will keep the development affordable and sustainable for the future, while creating 175 construction jobs and preserving seven permanent jobs.

Governor Cuomo congratulated 75 New Americans who were sworn in as U.S. Citizens at the New York Public Library’s landmark Stephen A. Schwarzman Building and welcomed another 575 immigrants who will be sworn in during various naturalization ceremonies throughout the rest of New York State.