New York RealEstateRama

Washington, D.C. - February 13, 2015 - (RealEstateRama) -- U.S. Senators Charles Schumer and Kirsten Gillibrand today announced $4,477,146 in federal funding for housing authorities throughout Nassau and Suffolk counties. The funding was allocated through the U.S. Department of Housing and Urban Development’s (HUD) Capital Fund Program. These funds will be used to modernize and develop affordable housing for low-income, working families in the region

WASHINGTON - February 12, 2015 - (RealEstateRama) -- Today at a Financial Services Committee Hearing on The Future of Housing in America with Housing and Urban Development (HUD) Secretary Castro, Congresswoman Carolyn B. Maloney (NY-12) asked Secretary Castro to look into allowing co-op owners to obtain reverse mortgages through the Home Equity Conversion Mortgage (HECM) program which is insured by the Federal Housing Administration, a division of HUD.

ALBANY, NY - February 12, 2015 - (RealEstateRama) -- Today, Independent Democratic Conference Leader Jeff Klein and fellow IDC members released an extensive report outlining the financial obstacles facing New York’s senior population. In order to help make life more affordable for seniors, the IDC unveiled a litany of proposals that include a new senior utility circuit breaker program that will save taxpayers millions, the creation of a utility consumer advocate to fight unscrupulous rate increases, and plans to tackle the affordable housing crisis for seniors by constructing new developments all across the state. As a cornerstone of the IDC’s Invest NY plan, finding solutions to these problems are paramount in order to promote stability and financial security for all New York seniors.

WASHINGTON, D.C. - February 10, 2015 - (RealEstateRama) --Governor Andrew M. Cuomo today announced th at New York State supported a record 9,363 affordable housing units in 2014. The Governor also announced $7.3 million in funding for the construction and rehabilitation of 19 affordable homeownership developments that represent more than 500 homes across the state. These milestones include units produced by the Governor’s $1 billion House NY commitment, which is on track to finance more than 14,300 affordable housing units by 2018.

ALBANY, NY - February 9, 2015 - (RealEstateRama) -- Today, Independent Democratic Conference Leader Senator Jeff Klein (D-Bronx/Westchester) called for broadening tax relief for New York City homeowners and renters that would otherwise not be included in the original property tax circuit breaker first proposed by Governor Andrew Cuomo. In order to provide more meaningful relief to New York City households, Klein unveiled three proposals seeking to enhance the current circuit breaker plan that would: 1) factor in an individual or families’ city Personal Income Tax (PIT); 2) increase the maximum benefit to city renters and 3) increase the percent of annual rent that is attributed to property taxes to up to 20%.

New York, NY – February 5, 2015 – (RealEstateRama) — The New York Community Trust is making grants to protect consumers from toxic chemicals, provide...

New York, NY – February 02, 2015 – (RealEstateRama) — Common Ground, New York City’s largest supportive housing developer and manager, today announced that Benjamin Stacks...

CHICAGO - November 17, 2014 - (RealEstateRama) -- In recognition of his outstanding professionalism and commitment to service both within the real estate industry and the community, Robert M. White, Jr., CRE, founder and president of Real Capital Analytics (RCA), New York City, was presented with the 2014 James D. Landauer/John R. White Award by The Counselors of Real Estate® at its Annual Convention in October in Boston. The honor recognizes White’s distinguished record of leadership in the real estate investment and brokerage industries, as well as his impressive record of supporting civic causes

WASHINGTON, D.C. - November 4, 2014 - (RealEstateRama) -- Mark Line Industries was hired as part of a project for the New York City Office of Emergency Management to manufacture a modular post-disaster housing prototype for displaced city residents in the event of a catastrophic natural or manmade disaster. These multi-story, multi-family units can be deployed in less than 15 hours, in various arrangements, and calibrated for challenging urban conditions

WASHINGTON, D.C. - October 28, 2014 - (RealEstateRama) -- A new supportive housing project in the Bronx is helping advance national efforts to end homelessness among veterans. Bridge Gardens, opened last week, is providing high-quality apartments and social services to chronically homeless, mentally ill veterans who are trying to reclaim their independence. It is the latest project supported by LISC's national Bring them HOMES initiative—a collaboration with National Equity Fund that has supported, 2,500 apartments for veterans across the country. It came to life thanks to the commitment of The Bridge, which developed the project, and a mix of public and private funding, including a critical grant from Citi Community Development.

WASHINGTON, D.C. - October 27, 2014 - (RealEstateRama) -- New York University’s Center for Urban Science & Progress (CUSP) today unveiled its Urban Observatory, a project that will persistently observe and analyze New York City in an effort to better understand the “pulse of the city” in various states, such as mobility, energy use, communications and economics. The data gathered from the Urban Observatory will ultimately be used to improve various aspects of urban life, including energy efficiency, detecting releases of hazardous material, tracking pollution plumes, aiding in post-blackout restoration of electrical power, and more

Washington, D.C. - October 1, 2014 - (RealEstateRama) -- The Conference of State Bank Supervisors (CSBS) announced today that the New York State Department of Financial Institutions and the Ohio Division of Financial Institutions have begun using the National SAFE mortgage loan originator (MLO) test with Uniform State Content on the Nationwide Multi-State Licensing System & Registry (NMLS), bringing the total number of state agencies using the test to 43

WASHINGTON, D.C. - July 15, 2014 - (RealEstateRama) -- Congressman Chris Gibson (NY-19) announced the House of Representatives passed the Workforce Innovation and Opportunity Act, improving federal job training programs that serve Upstate New Yorkers.

ALBANY - July 15, 2014 - (RealEstateRama) -- Congressman Paul Tonko (D-NY) released the following statement after confirming with the Department of Health and Human Services (HHS) that the federal government is no longer considering Kenwood Academy in Albany as a potential facility to house undocumented children. Tonko’s office has also confirmed that Syracuse is the only location in the state of New York currently being considered by HHS

WASHINGTON, D.C. - June 18, 2014 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced 37 awards, totaling $14 million, to rehabilitate and construct low- and moderate-income housing in every region across the state. The competitive awards are made to local municipalities and not-for-profit organizations to help revitalize communities and drive local economic activity

Albany, NY - May 29, 2014 - (RealEstateRama) -- Governor Andrew M. Cuomo today deployed the Department of Financial Services’ (DFS) Mobile Command Center to Branchport in Yates County to help Finger Lakes area homeowners and businesses affected by flooding. The Governor also outlined resources and advice for flood victims who are dealing with their insurance companies to help them get the relief to which they are entitled as quickly as possible, including the availability of a DFS Disaster Hotline at 1-800-339-1759.

New York, N.Y. - May 28, 2014 - (RealEstateRama) -- The U.S. Environmental Protection Agency has reached an agreement with the Atlantic Funding and Real Estate home building company and its owner, Alfred Spaziano, to address violations of federal rules that reduce pollution from contaminated stormwater runoff at its Gateway Landing construction site in Green and Gates, New York. Under the agreement, Atlantic Funding is required to comply with all stormwater control requirements and will pay a $50,000 penalty

WASHINGTON - May 26, 2014 - (RealEstateRama) -- Congresswoman Carolyn B. Maloney (NY-12), the top Democrat on the House Financial Services Subcommittee on Capital Markets and Government Sponsored Enterprises, today released the following statement on the impending nominations of Julián Castro to be the next secretary of the Department of Housing and Urban Development (HUD) and Shaun Donovan as Director of the Office of Management and Budget (OMB)

Albany, NY - May 26, 2014 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced a new Global Positioning Satellite (GPS) system to track construction vessels in the area of the New NY Bridge project. An interactive map showing vessel locations on the Hudson River is now available on the project website, NewNYBridge.com, for recreational and commercial boaters to get updated information on this very active construction zone. The GPS tracking system is just one of the new boater safety enhancements being instituted by the New York State Thruway Authority, Tappan Zee Constructors, LLC (TZC) and the United States Coast Guard as the summer boating season gets underway with the Memorial Day holiday weekend

Queens, NY - May 22, 2014 - (RealEstateRama) -- The New York City Department of Housing Preservation and Development (HPD), New York City Housing Development Corporation (HDC) and New York State Homes & Community Renewal (HCR) joined the Arker Companies, project partners and elected officials to celebrate the opening of Richmond Place and Richmond Hill Senior Living Residence, two new affordable housing developments built side-by-side on a formerly contaminated site in the Richmond Hill neighborhood of Queens. The new Richmond Place development includes a total of 117 units for affordable housing with 24 of those units designated to serve formerly homeless families. Richmond Hill Senior Living Residence is a 65-unit development for adults age 62 and older

Albany, NY - May 22, 2014 - (RealEstateRama) -- The New York State median home sales price held steady in April at $215,000 compared to April 2013, while the number of closed sales fell by more than 11 percent compared to a year ago, according to the housing market report released today by the New York State Association of REALTORS. Sales dropped 1.8 percent compared to the start of 2013

WASHINGTON - May 21, 2014 - (RealEstateRama) -- Congresswoman Carolyn B. Maloney (NY-12), Ranking Member of the Financial Services Subcommittee on Capital Markets and GSEs, today released the following statement in response to Housing and Insurance Subcommittee Chairman Randy Neugebauer’s (TX-19) offer to meet with Financial Services Committee Democrats “in the very near future” to discuss reauthorizing TRIA

Albany, NY - May 20, 2014 - (RealEstateRama) -- overnor Andrew M. Cuomo today announced 80 awards across the state to repair, rehabilitate and preserve housing for low- and moderate-income residents of New York State. These competitive awards, administered by New York State Homes and Community Renewal (HCR), are being made to municipalities, localities, and not-for-profit organizations to support critical priorities and highlighting the greatest needs within the state's economic development regions.

WASHINGTON, D.C. - May 20, 2014 - (RealEstateRama) -- Benjamin M. Lawsky, Superintendent of Financial Services for the State of New York, is delivering remarks today at the Mortgage Bankers Association 2014 National Secondary Market Conference in New York City.

WASHINGTON, D.C. - May 20, 2014 - (RealEstateRama) -- Speaker Sheldon Silver announced the passage of legislation that will help to streamline the recovery process and prioritize rebuilding efforts following Hurricane Sandy. This legislation (A.9578) authorizes New York City to grant partial abatement of taxes on real property that was seriously damaged during the storm and has since been rebuilt.