New York RealEstateRama

Rochester Mayor Lovely Warren today announced the selection of Home Leasing as the developer of the Charlotte Street redevelopment project, now known as “Charlotte Square.”

U.S. Senators Charles E. Schumer and Kirsten Gillibrand today announced $1,977,607 in federal funding for the Syracuse Housing Authority to launch a new job training program that connects public housing residents with education and employment opportunities. SHA will use the funding to launch the “Work to Independence” in partnership with community organizations including Greater Syracuse Works, Center for Community Alternatives, Upstate Medical University Hospital, the University Hill Business Association, Syracuse University and the Urban Jobs Task Force

State Senator Joseph A. Griffo of Rome and Assemblyman Anthony Brindisi of Utica say the state’s approximately $142 billion budget for 2015-2016 includes $300 Million in funding for a new health care facility designed to serve residents of the Mohawk Valley for decades to come.

Assembly Speaker Carl Heastie, Local Governments Committee Chair William Magnarelli and Economic Development, Commerce, Industry and Job Creation Committee Chair Robin Schimminger today announced that $19.5 million in funding restorations for economic development funding is included in the approved 2015-16 SFY Budget.

Empire State Development (ESD), Buffalo Niagara Enterprise (BNE) and TROVE Predictive Data Science today announced a significant expansion that will result in a $3.3 million investment and creation of 36 new high-tech, high-paying jobs.

Representatives of the New York Power Authority (NYPA) and the New York State Research and Development Authority (NYSERDA), will be joined by the Superintendent of the Somers Central School District, and local and state officials on April 9, to announce the expansion of Governor Andrew M. Cuomo’s K-Solar program. A question-and-answer session with students, some of whom are in a pre-engineering program, will follow.

Senator Patrick M. Gallivan (R-C-I, Elma) says the $142-billion 2015-16 state budget provides critical funding to important state programs while controlling the size and cost of government.  The state’s fifth consecutive on-time budget keeps spending within a two-percent cap, increases aid to education, rejects tax increases and provides property tax relief for homeowners.  The spending plan also includes funding for regional assets such as Roswell Park Cancer Institute, the NFTA and Shea’s Performing Arts Center

Borough President Gale A. Brewer and 26 other Manhattan elected officials-- Members of Congress, State Senators, State Assembly Members, City Council Members-- sent a letter to Carl Weisbrod, Chair of the City Planning Commission, calling for changes to the zoning text amendment which the de Blasio Administration has proposed to expand development in the City, including reforms to the city's inclusionary housing policies.

New York City Mayor Bill de Blasio and U.S. Senator Charles Schumer announced today approximately $3 billion in federal funding to repair and protect 33 public housing developments that sustained severe damage during Hurricane Sandy – the largest FEMA grant in the history of the agency. Half of the funds will be designated for repairs, while the other half will be aimed at implementing resiliency measures to better protect developments from future disasters. The funding is authorized by FEMA’s Alternative Procedures, which provides a lump sum payment instead of the typical incremental funding by FEMA.

Leading Life Sciences Venture Capital Firms to Manage $150 Million Public-Private Partnership and Establish Presence in NYC, Bolstering City as a Global Industry Leader. Commitment to Expand Current R&D Space by Approximately 150 Percent, Catalyzing Industry Expansion

Assemblyman Clifford W. Crouch (R-Bainbridge) today called for the inclusion of a $500 property tax credit for middle-class families in the Southern Tier in the state’s final budget. Crouch’s call for tax relief comes in the wake of news that New York State has an additional $610 million on hand from yet another bank settlement.

Mayor Lovely Warren visited a worksite to thank youth and adult volunteers on the first day of the Flower City Work Camp, a faith-based organization comprised of more than 40 churches throughout Monroe County providing home improvements for city homeowners who are unable to make repairs themselves.

Kyle Burkhardt has joined the Long Island office of Cushman & Wakefield as Senior Director. Previously a broker with Colliers International and a managing principal at Alliance Real Estate, Burkhardt is an industrial real estate sales and leasing specialist with extensive experience in both buyer/ seller and tenant/ landlord representation

State Senator Jeff Klein (D-Bronx/Westchester), joined by more than 200 local parents and school administrators, today announced $18,000 in Project BOOST (Building Options and Opportunities for Students) funding for P.S. 175 City Island in the Bronx. The announcement came at P.S. 175’s annual spring card party on Thursday, March 26th.

The Coalition for the Homeless released today its annual State of the Homeless report, showing that while New York City has taken encouraging initial steps to begin to reduce the record number of New Yorkers currently in shelter, both the Governor and the Mayor must do more to combat this crisis. The report outlined key policy recommendations for both city and state leaders to dramatically reduce homelessness from today’s record heights

The budget 'will prevent thousands of individuals and children from entering the homeless shelter system,' said Assemblyman Andrew Hevesi, the Queens Democrat who chairs the chamber's Social Services committee

The Department of Citywide Administrative Services (DCAS) can’t produce an accurate list of the office space it administers, or identify vacancies in the more than 19 million square feet of office space it manages, New York City Comptroller Scott M. Stringer found in a new audit released today. This lack of oversight means that New York City taxpayers could be on the hook for unnecessary payments to property owners

U.S. Senators Charles E. Schumer and Kirsten Gillibrand and Congresswoman Nita M. Lowey today announced $4,888,354 in federal funding for the Village of Grand View-on-Hudson. The funding will be allocated through the Federal Emergency Management Agency (FEMA) and allow the village in Rockland County to replace the Village Hall building that was severely damaged during Hurricane Sandy. Hurricane Sandy caused extensive damage to the Village Hall Office, located on River Road, requiring the building to be condemned.

Rose Associates, the New York-based full-service real estate firm, has announced that it recently signed a 12-year lease with Spruce & Bond for 1,460 square feet in The Eastmore at 1441 Second Avenue.

Rose Associates, the New York-based full-service real estate firm, has announced that it recently signed an 834-square-foot, five-year lease with Quest Diagnostics at The Westmore, a property located at 333 West 57th Street in Manhattan.

At a press conference and community briefing at the Telesca Center for Justice, Empire Justice Center released its most recent report, “In the Eye of the Storm: Why the Threat of Foreclosure Damage Continues,” detailing the state of the foreclosure crisis in Rochester, NY, as well as all of New York State, and its impact on neighborhoods and municipalities

This morning, Manhattan Borough President Gale A. Brewer unveiled proposals to help ease the path to survival of New York City small businesses at the Upper West Side storefront of The Halal Guys, which began as a single street cart on 53rd Street and Sixth Avenue, and is now a flourishing mini-chain with multiple carts, two storefront locations in New York so far, and expansion slated for Chicago and southern California

The New York Power Authority (NYPA) Board of Trustees today approved an electric rate decrease for municipalities, schools and public agencies in New York City and Westchester County.

City’s low-rent neighborhoods may not have sufficient market strength to justify high-density mixed-income development without other forms of subsidy; In high-rent neighborhoods, additional density is valuable and city can require affordable units without stifling development

32BJ SEIU members today announced their endorsement of Vincent Gentile for Congress representing Staten Island and Brooklyn in the 11th District. 32BJ members voted overwhelmingly to endorse Gentile for the Congressional seat in the special election in May.