New York RealEstateRama

The Department of Financial Services (DFS) Mobile Command Center (MCC) will provide foreclosure prevention assistance and help answer questions related to insurance issues for homeowners in the Springfield Gardens section of Queens.

Four Long Island-based commercial real estate brokers were honored by Cushman & Wakefield for their 2014 accomplishments at the company’s recent national awards ceremony. Frank Frizalone, Marisa Karmitz, Phil D’Avanzo and Nick Gallipoli received honors at Cushman & Wakefield’s National 2015 Recognition Awards held at the Barclay’s Center in Brooklyn on April 16

Foot Locker, Inc. (NYSE: FL), the world's leading retailer of athletic footwear and apparel, with nearly 3,500 stores around the globe, has signed a new retail lease to retain its flagship location at 112 West 34th Street, in the heart of Manhattan's bustling 34th Street corridor, announced landlord Empire State Realty Trust, Inc. (NYSE: ESRT).

Brooklyn Navy Yard Currently Employs More than 7,000 People & is Nearly At Leasing Capacity; Expanding Building 77 at the Navy Yard Would Provide Additional Space for Thousands of Jobs

“During the first three months of 2015, the Federal Home Loan Bank of New York continued to meet the needs of our members as they work to strengthen and support the communities they serve,” said José R. González, president and CEO of the FHLBNY. “We continued to perform well in the quarter, and this consistent performance reaffirms our cooperative as a reliable and dependable partner for our members.”

City legislation provides long-term financial relief for property owners who experienced significant increases in property taxes, part of de Blasio Administration’s Sandy recovery overhaul

The New York State Department of Environmental Conservation (DEC) today issued guidance on how to prevent negative encounters with black bears. Nearly all negative bear encounters in New York are the result of hungry bears being attracted to human food sources. The simplest way to avoid a nuisance encounter is to remove potential food sources, which usually results in the bear moving on

FLUSHING (QUEENS), N.Y. - April 28, 2015 - (RealEstateRama) - The New York City Department of Housing Preservation and Development (HPD) Commissioner Vicki Been today announced the selection of a development team for the Flushing Municipal Lot 3 in the Flushing neighborhood of Queens. The joint venture between Asian Americans for Equality (AAFE), HANAC Inc., and Monadnock Development was selected as the development team for this project through a competitive Request for Proposals (RFP) process. The development team’s plan, called One Flushing, includes the creation of 208 units of housing affordable to households earning between $24,200 - $72,600 annually for an individual and $34,520 - $103,560 for a family of four.

Rose Associates, the New York-based full-service real estate firm, announced today that it has been named the exclusive leasing and managing agent at The Ventura, a luxury rental property located at 240 East 86th Street in Manhattan.

Governor Andrew M. Cuomo today announced that $3 million has been allocated to the Cooling Assistance Component of the Home Energy Assistance Program to help low-income New Yorkers who suffer from medical conditions aggravated by extreme heat. The program will provide air conditioning units to eligible households for the summer months. Prolonged exposure to high indoor temperatures poses health risks that disproportionately affect those already suffering from medical ailments

SL Green Realty Corp (NYSE:SLG) today announced that Parimala Rao has joined the Company as Senior Vice President of Information Technology. Mrs Rao brings twenty years of experience to the position. Most recently, Mrs. Rao served as Executive Director of Technology at The New York Times where she was awarded the Prestigious Publisher's Award for Technology Innovation.

Empire State Development (ESD) today announced plans for expanded Adirondack Craft Beverage Trail promotion to increase tourism in Warren, Washington, Essex and Saratoga counties and brand the region as a craft beverage destination in New York State.

Benjamin M. Lawsky, Superintendent of Financial Services, announced today that Deutsche Bank will pay $2.5 billion, terminate and ban individual employees who engaged in misconduct, and install an independent monitor for New York Banking Law violations in connection with the manipulation of the benchmark interest rates, including the London Interbank Offered Bank ("LIBOR"), the Euro Interbank Offered Rate ("EURIBOR") and Euroyen Tokyo Interbank Offered Rate ("TIBOR") (collectively, "IBOR").

Congressman Brian Higgins (NY-26) called on Congress to support the Solar Ready Vets program, a federal initiative introduced by the White House to provide job training and opportunities for veterans in the rapidly growing solar industry. Speaking on the House Floor on Earth Day, Higgins urged colleagues to support the new initiative.

This all-inclusive, public event will feature the hottest residential listings in Harlem, Inwood, Hudson Heights, and Washington Heights. Potential buyers will have the opportunity to learn about, tour, and explore exclusive co-ops, condos, and luxury listings, all while taking in the atmosphere of these dynamic Manhattan neighborhoods.

H.R. 1982 would reaffirm and clarify key protections for ordinary investors that were put in place when Congress passed and amended the Securities Investor Protection Act (SIPA). In particular, the bill aims to properly shield innocent individual investors who have already been defrauded and financially devastated

Governor Andrew M. Cuomo today announced a $1.7 million, 500-kilowatt solar system to be installed at Robert Moses State Park, which will make the Suffolk County coastal park the first energy neutral state park in the nation. The new system will create a greener, more sustainable park and achieve an annual $130,000 in cost savings. The announcement is in honor of Earth Week, April 19-25, which Governor Cuomo proclaimed as a weeklong celebration of New York’s commitment to protecting our environment.

Attorney General Eric T. Schneiderman today announced that he is teaming with the Rochester Area Community Foundation and Home HeadQuarters, Inc. in Syracuse to launch a $2 million sustainable homes program. The program will help low-income families lower their energy bills and eliminate serious home health and safety hazards in older homes. The program is funded with money from a $9.5 million court-ordered settlement with American Electric Power (AEP), the largest U.S. power company, over violations of the federal Clean Air Act

The new 30,000 square foot building will be built by the Galesi Group at the company’s Niskayuna Commerce Park. Construction on the new building will begin this summer. The Niskayuna Commerce Park is home to Unilux Advanced Manufacturing, a new $20 million Army Reserve Center and more than 100 acres of shovel-ready land for growing tech firms.

Congressman Eliot Engel (NY-16), a senior member of the House Energy and Commerce Committee, released the following statement on Earth Day. “We have a lot to celebrate this year as we honor the 45th anniversary of Earth Day. Climate change can no longer be denied, and the United States is leading the global effort to address its threats.

This plan would bring a total of 203 new residential units to the neighborhood, nearly four times the number of units that was agreed upon in 2008 when the community board and City Council negotiated a plan for 52 single-family homes to be constructed at the site.

The more than 5-percent increase in home sales in March helped the New York State housing market post first quarter gains, according to the housing market report released today by the New York State Association of REALTORS. Closed sales were up 1.6 percent in the 2015 first quarter compared to the same period in 2014, while the median price climbed by 2.2 percent.

Governor Andrew M. Cuomo today announced the groundbreaking of the country’s first U.S. Department of Energy Zero Energy Ready Home, which will be built by veterans, for veterans, in Huntington Station. As part of the United Way of Long Island VetsBuild® program, projects like this help veterans find employment in the green construction industry. Building a zero energy home—one which has a renewable energy system that offsets all or most of its annual energy consumption—translates into virtually nonexistent energy bills

Congressman Lee Zeldin (R, C – Shirley), member of the House Veterans Affairs Committee, Subcommittee on Disability Assistance and Memorial Affairs, and Subcommittee on Economic Opportunity, announced that he has introduced legislation to require the VA to pay accrued benefits to the estate of a deceased veteran (HR 1569)

Mayor de Blasio today signed into law five pieces of legislation – Intro. 421-A, in relation to increased reporting by the Human Rights Commission; Intro. 689-A, in relation to establishing a housing discrimination testing program; Intro. 690-A, in relation to establishing an employment discrimination testing program; Intro. 656, in relation to the establishment of the South Shore Business Improvement District; and Intro. 497-B, in relation to the interest rate and discount percentage recommendations provided by the New York City Banking Commission