New York RealEstateRama

On Saturday, March 28 at 11:30 AM, Representative Sean Patrick Maloney (NY-18), County Executive Steve Neuhaus, Orange County Department of Health’s Healthy Neighborhoods Program and Hudson Valley officials will encourage the use of carbon monoxide detectors in Newburgh while raising awareness about the imminent dangers of CO poisoning. Local officials will accompany community health workers on assessment of three residences on Lander Street

Governor Andrew M. Cuomo today announced that the New York State Board for Historic Preservation has recommended the addition of 22 properties, resources and districts to the State and National Registers of Historic Places.

Dutchess County Executive Marcus J. Molinaro has announced more than $900,000 will be awarded to 11 municipalities through the Dutchess County Community Development Block Grant (CDBG) Program, funding eight key projects throughout the county.

Information-Sharing System to Enhance Local Governments’ Ability to Maintain Abandoned Properties and Charge-Back Legal Owners; City of Long Beach is first Municipality to Partner with County on Database

In December, FEMA Announced It Had Agreed To Provide Fed Funding to Rebuild the School District’s Administration Building and Storage and Maintenance Facility Outside...

This week, Representatives Paul Tonko (D-NY), Cheri Bustos (D-IL), and 35 of their House Democratic colleagues asked Transportation, Housing and Urban Development (THUD) Appropriations Subcommittee Chairman Mario Diaz-Balart (R-FL) and Ranking Member David Price (D-NC) to support funding that ensures safe transportation of energy products, including the shipment of Bakken crude oil

On Friday, March 20, Brooklyn community leaders and city officials joined Ocean Hill residents and business owners for the groundbreaking for The Henry Apartments, the new construction of two multi-story buildings along Broadway.

The New York City Department of Housing Preservation and Development (HPD) and New York City Housing Development Corporation (HDC) joined Alembic Community Development, Services for the UnderServed (SUS), and project partners to celebrate the start of construction on Henry Apartments, a two-building, 134-unit supportive housing development in the Ocean Hill neighborhood of Brooklyn.

The Empire State Development Board of Directors recently approved over $17 million in funding for 17 projects that are spurring economic growth and opportunity throughout New YorkState.

Acting Commissioner of the Division of Health & Family Services, Joseph Todora has announced that a second HEAP Emergency Benefit for heat and heat-related emergencies will be available effective immediately. The second emergency benefit amounts will be the same as the first emergency benefits amount. “We are very pleased that the Federal Government has decided to release this additional funding considering the coldness of this late winter, we look forward to helping our most vulnerable Sullivan County residents,” said Acting Commissioner Joseph Todora

Governor Andrew M. Cuomo today detailed projected savings for New York taxpayers as a result of the Property Tax Relief program, which provides 1.3 million homeowners significant financial relief. The $1.66 billion program, which also includes a renters' credit, is part of the Governor's 2015 Opportunity Agenda.

Under a state-funded plan, coastal green infrastructure will increase resiliency along the Hudson River estuary shoreline and coastal areas of New York City, New York State Department of Environmental Conservation Commissioner Joe Martens announced today. The New York City Mayor's Office of Recovery and Resiliency and Department of City Planning is jointly managing the project.

Standing outside a New York City Lumber Liquidators showroom, U.S. Senator Charles E. Schumer today urged the Consumer Product Safety Commission (CPSC) to immediately launch a broad investigation into the safety of Chinese-imported wood flooring material from Lumber Liquidators, and to initiate recalls or other disciplinary action if the product is found to be dangerous

Despite being one of the coldest Februarys in history, the New York State housing market notched gains in both closed sales (2.5 percent) and median sales price (1.3 percent) compared to last February, according to the housing market report released today by the New York State Association of REALTORS.

Governor Andrew M. Cuomo today announced $4.9 million in grants are available to provide repair and assistance to historic and archeological resources that were impacted by Hurricane Sandy. With the money being made available by the National Park Service for a second time, not-for-profit organizations, municipalities, and state agencies can apply to the New York State Office of Parks, Recreation and Historic Preservation to receive aid.

Governor Andrew M. Cuomo today announced that $7.7 million will be distributed to seven health providers to support pre- and post-natal care for at-risk families. New York secured the funding from the U.S. Department of Health and Human Service’s Maternal, Infant and Early Childhood Home Visiting (MIECHV)

New York City Economic Development Corporation (NYCEDC) announced a Request for Proposals (RFP) to redevelop a site located at 137 Centre Street in a manner that responds to the needs of the community, revitalizes an underutilized City property, and maximizes the site’s potential. NYCEDC particularly seeks proposals that incorporate needed services or neighborhood amenities, such as space dedicated to a Universal Pre-Kindergarten facility.

Bronx Residential workers overwhelmingly ratified a new 4-year contract tonight that will give them a $64.75 per week raise over the next 4 years and maintain the health care and retirement benefits for over 3,500 residential workers. Their new contract also includes an employer 401k contribution of five dollars per week starting in the second year of the contract

“Spring begins this week, and now is the ideal time for the renewal and redevelopment of the Monterey Shock site,” said ESD President, CEO & Commissioner Howard Zemsky. “This RFP will generate new employment opportunity and spur investment in Schuyler County, which is known for its natural beauty, access to the Watkins Glen State Park, and world-famous wines and spirits.”

“With this bill I am keeping with my commitment to provide real property tax relief to homeowners across Staten Island who are sick and tired of paying the highest taxes in the nation,” Senator Andrew Lanza said.

On March 19th at the Coram Firehouse, Community Development Corporation of Long Island (CDCLI) and Conifer Realty conducted a lottery to select tenants and establish a waiting list for the new affordable rental homes being constructed at Wincoram Commons.
The lottery was attended by elected officials, government representatives, and community members, including Suffolk County Executive Steve Bellone and Brookhaven Town Supervisor Ed Romaine.

Bronx-based small businesses and local entrepreneurs will receive a boost of nearly a half million dollars, State Senator Jeff Klein (D-Bronx/Westchester), Bronx Borough President Ruben Diaz Jr. and Bronx Overall Economic Development Corporation (BOEDC) President Marlene Cintron announced today.
The Bronx Revolving Loan Fund, a new small business lending program administered by BOEDC, has nearly $500,000 in loans available to local small businesses -- of all sizes and sectors -- across The Bronx.

SL Green Realty Corp.(NYSE:SLG) today reported that its board of directors has declared the quarterly dividend of$0.60per share of common stock.

Mayor Lovely A. Warren released details.
“This grant will help us continue Rochester’s transformation by turning vacant and blighted areas into positive resources for the community”.
“This redevelopment strategy will help us leverage additional funds and interest for site redevelopment.”

Randy Blankstein, President of national net lease advisory firm The Boulder Group, will be the conference co-chair of Institutional Real Estate, Inc.’s Triple Net Investor Strategies Conference in New York on June 16th, 2015. Additionally, he will be moderator for the Exit Strategies panel that will be a part of the conference. The conference description is as follows: Triple Investor Strategies is designed to provide insights into strategies, opportunities, trends and risk management for the investor community in a forum that connects these investors with owners, operators, developers and other key players in an interactive environment.