LIU: BLOOMBERG’S SHELTER POLICIES FAILING COMMUNITIES AND HOMELESS
NEW YORK, N.Y. - May 10, 2013 - (RealEstateRama) -- Mayor Bloomberg’s homeless policies have failed both the homeless and the communities asked to accept homeless shelters, according to policy papers released this week by the office of Comptroller John C. Liu.
New York real estate broker enables IDX Broker solution on his website, simplifying the...
EUGENE, OR - May 10, 2013 - (RealEstateRama) -- IDX, Inc. announces today that Barry Salottolo, of Heckt Titan Connecticut in New York, New York has adopted IDX Broker software for his professional website. Salottolo now hosts five unique search functions and thousands of area listings conveniently on his website, offering potential buyers a thorough and comprehensive database of property listings. Consolidated MLS (CMLS) homes can now be effortlessly displayed online, making the New York property search all the more simple. By utilizing the IDX enabled website Salottolo hosts, home seekers can experience a dynamic and innovative search function and a fruitful property search, without ever leaving the website of Salottolo.
A.G. Schneiderman Op-Ed: President Should Replace FHFA Acting Director Today To Further The Housing...
NEW YORK, NY - May 9, 2013 - (RealEstateRama) -- Attorney General Eric T. Schneiderman today published anop-ed in the New York Daily Newsurging President Obama to appoint a new acting director of the Federal Housing Finance Agency to replace current Acting Director Edward DeMarco, whose policies have stifled the delivery of relief to thousands of Americans facing foreclosure. The op-ed notes that, while the President awaits the confirmation hearings of his nominee for FHFA Director, he can replace Acting Director DeMarco with a deputy director. The following are excerpts of the article
FEMA Offers Rebuilding Advice at Area Home Depot and Lowe’s Home Improvement Stores
NEW YORK, NY - May 9, 2013 - (RealEstateRama) -- People whose property was damaged or destroyed in Super Storm Sandy and are rebuilding can get advice from a FEMA specialist. Hazard Mitigation specialists who are knowledgeable in cleanup and building safer and smarter to avoid future losses will be dispensing guidance free of charge, compliments of FEMA.
FEDERAL JUDGE APPROVES NEW WALL & CEILING CONTRACT
New York, NY - May 9, 2013 - (RealEstateRama) -- Federal District Court Judge Richard M. Berman today issued a decision and order approving a new five-year collective bargaining agreement (CBA) that provides a 16.6% wage and benefit increase for members over the life of the contract. Following the April ratification of the agreement by the District Council’s Delegate Body, Judge Berman’s consent was the last step needed before the contract could go into effect.
A.G. Schneiderman To Sue Wells Fargo & Bank Of America For Violating National Mortgage...
NEW YORK, NY - May 7, 2013 - (RealEstateRama) -- Attorney General Eric T. Schneiderman today announced his intention to sue Bank of America and Wells Fargo for repeatedly violating the terms of the National Mortgage Settlement. Signed in 2012, the Settlement required the five largest mortgage servicing banks in the United States to improve their customer service practices by complying with new mortgage servicing rules, known as the Servicing Standards. Among these are four standards dictating the timeline for banks to process mortgage modification applications. Attorney General Schneiderman’s office has documented 339 violations of those standards by Wells Fargo and Bank of America since October 2012
Senate Passes Bills to Increase “Green” Building Construction and Reduce Energy Costs
New York, NY - May 7, 2013 - (RealEstateRama) -- The New York State Senate today passed bills that would continue to promote the construction of environmentally-friendly buildings and the cost-saving benefits of net metering for utility bills. Both bills are sponsored by Senator George D. Maziarz (R-C, Newfane), and would help reduce the consumption of limited natural resources, promote the use of renewable energy, and lower energy costs
Governor Cuomo Announces $91 Million to Build Affordable Housing and Revitalize Communities in All...
Albany, NY - May 7, 2013 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced $91 million in awards for shovel-ready projects to build affordable housing across the state. The low-interest loans and tax credits will build and preserve 2,060 units of affordable housing and are expected to leverage more than $485 million in grants, loans and private resources.
New York: By the Numbers
NEW YORK, NY - May 7, 2013 - (RealEstateRama) -- The Federal Emergency Management Agency and the U.S. Small Business Administration have approved $7 billion in direct assistance to homeowners, renters, businesses, government agencies and nonprofits that were affected by Hurricane Sandy.
HCR, HPD, HDC, The Hudson Companies And Camba Housing Ventures Celebrate Groundbreaking Of Phase...
rooklyn, NY - May 3, 2013 - (RealEstateRama) -- The NYC Department of Housing Preservation and Development (HPD), New York State Homes and Community Renewal (HCR), NYC Housing Development Corporation (HDC), joined The Hudson Companies, and CAMBA/CAMBA Housing Ventures today to celebrate the groundbreaking of the next phase of the energy- efficient, mixed-use, affordable housing Gateway Elton Street development in the Spring Creek section of Brooklyn. The new buildings will be located at 516 and 524 Vandalia Avenue, and 526 Schroeders Avenue.
SCHUMER: ONLY HALF OF CHAUTAUQUA COUNTY’S VETS UTILIZE PROPERTY TAX BENEFITS AVAILABLE TO THEM–...
New York, NY - May 3, 2013 - (RealEstateRama) -- Today, at the Chautauqua County Veterans Services Office, U.S. Senator Charles E. Schumer launched a two-pronged plan to help ensure that veterans returning home to Chautauqua County from Iraq and Afghanistan are receiving critical benefits that will allow them to afford a home and live stable civilian lives. Schumer highlighted data that shows that more than 7,000 of the roughly 14,000 veterans in Chautauqua have not applied for the property tax benefit for veterans that is available to them and worth hundreds of dollars a year, and a disconnect in communication between the Department of Veterans Affairs (VA) and localities that administer federal and state benefits are to blame.
Governor Cuomo Announces New Program to Protect Sandy Victims from Large Spikes in their...
Albany, NY - May 2, 2013 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced that Fannie Mae and Freddie Mac - in response to a request from the Cuomo Administration - are unveiling a new mortgage relief program to protect victims of Superstorm Sandy from large spikes in their mortgage payments
Statement By A.G. Schneiderman On The Nomination Of Mel Watt To Head The Federal...
NEW YORK, NY - May 1, 2013 - (RealEstateRama) -- Attorney General Eric T. Schneiderman today applauded President Obama for nominating Mel Watt as the permanent head of Federal Housing and Finance Agency (FHFA), the agency that oversees Fannie Mae and Freddie Mac, but called on him to take immediate action to replace acting FHFA Director Edward DeMarco with a new acting director who will allow principal relief for struggling homeowners
Governor Cuomo Announces Community Reconstruction Zones Funded by Federal Supplemental Disaster Aid to Guide...
Albany, NY - April 29, 2013 - (RealEstateRama) -- Governor Andrew M. Cuomo today unveiled the Community Reconstruction Zones (CRZ) program, a bottom-up, community driven initiative that will empower localities that were severely damaged by Superstorm Sandy, Hurricane Irene, or Tropical Storm Lee to develop comprehensive and innovative local rebuilding plans that will be funded by the state and federal government. The program will be funded by Federal Supplemental disaster aid fought for by Governor Cuomo and approved by Congress and signed by the President earlier this year.
SECRETARY DONOVAN AND GOVERNOR CUOMO ANNOUNCE APPROVAL OF NEW YORK STATE’S DISASTER RECOVERY...
WASHINGTON, DC - April 29, 2013 - (RealEstateRama) -- U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan today announced federal approval of New York State's recovery action plan to help homeowners and businesses following Superstorm Sandy, Hurricane Irene, and Tropical Storm Lee. Funded through HUD's Community Development Block Grant Disaster Recovery (CDBG - DR) program, New York State's recovery action plan calls for a combined $1.7 billion investment in a variety of housing, infrastructure and business recovery activities. Read New York State’s action plan.
NYC CARPENTERS RATIFY NEW WALL & CEILING CONTRACT
New York, NY - April 29, 2013 - (RealEstateRama) -- The New York City District Council of Carpenters’ Delegate Body ratified a new five-year collective bargaining agreement Thursday that provides a 16.6% wage and benefit increase over the life of the contract.
MORTGAGE BROKER PLEADS GUILTY IN TWO SEPARATE FRAUD SCHEMES RESULTING IN LOSSES OF...
Greenbelt, Maryland - April 26, 2013 - (RealEstateRama) -- Emeka Udeze, age 38, of Bowie, Maryland, pleaded guilty today to conspiring to commit wire fraud in connection with two separate mortgage fraud schemes which resulted in over $2,013,478 of actual losses to mortgage lenders.
Governor Cuomo and HUD Announce Approval of New York State’s Disaster Recovery Action Plan
Albany, NY - April 26, 2013 - (RealEstateRama) -- Governor Andrew M. Cuomo and U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan today announced federal approval of New York State’s recovery action plan to help struggling homeowners and businesses following Superstorm Sandy, Hurricane Irene, and Tropical Storm Lee. Funded through HUD's Community Development Block Grant Disaster Recovery (CDBG – DR) program, New York State’s recovery action plan calls for a combined $1.7 billion investment in a variety of housing, infrastructure and business recovery activities.
SCHUMER: AFTER SANDY, VICTIMS OF DOMESTIC VIOLENCE, HOMELESS VETERANS, AND THE DISABLED FACE DESPERATE...
WASHINGTON, D.C. - April 26, 2013 - (RealEstateRama) -- U.S. Senator Charles E. Schumer today called on the U.S. Department of Housing and Urban Development (HUD) to increase the Fair Market Rent (FMR) for victims of Superstorm Sandy on Long Island—one of the nation’s most expensive housing market. A wide variety of people use this program including homeless veterans and victims of domestic violence fleeing their abusers.
A.G. Schneiderman Rolls Out Public Service Announcement Highlighting Homeowner Protection Program
NEW YORK, NY - April 25, 2013 - (RealEstateRama) -- Attorney General Eric T. Schneiderman today announced his office’s rollout of a new series of public service announcements aimed at highlighting free legal assistance and housing counseling available to New Yorkers who are struggling to fight foreclosure. The statewide advertisements are intended to publicize the Attorney General’s Homeowner Protection Program, a $60 million initiative to support housing counselors and legal services providers working with homeowners statewide.
NY State & Local Officials Join CPC, HCR, CRF, SONYMA, and Jonah Mandelbaum to...
New Windsor, NY - April 25, 2013 - (RealEstateRama) -- The Community Preservation Corporation (CPC), New York State Homes and Community Renewal (HCR), The New York State Common Retirement Fund (CRF), SONYMA, Orange County Trust, Riverside Bank, First Sterling Financial Inc., Jonah Mandelbaum, residents, and elected officials today celebrated the completion of Amber Grove, a newly constructed development featuring 84 state-of-the-art units of senior housing
Governor Cuomo Announces Housing Extension for Sandy Victims
Albany, NY - April 24, 2013 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced that the Federal Emergency Management Agency (FEMA), at the request of the State of New York, has approved a 28-day extension to the Transitional Sheltering Assistance (TSA) program beginning on May 1st, which was the deadline for the last extension granted earlier in April. This new extension allows eligible survivors from Superstorm Sandy who cannot return to their homes to stay in participating hotels or motels.
HCR’S PROPOSED REGULATIONS: AN IMPORTANT STEP IN THE RIGHT DIRECTION
New York, NY - April 24, 2013 - (RealEstateRama) -- This morning, New York State Homes and Community Renewal released a set of proposed new rules and regulations for rent law enforcement. This comes nearly two years after the passage of 2011's Rent Act, which mandated that HCR "promulgate rules and regulations to implement and enforce all provisions of this act and any law renewed or continued by this act."
REBNY CONFIDENCE INDEX: NYC REAL ESTATE BROKERS REPORT SIGNIFICANT UPTICK IN CONFIDENCE IN FIRST...
NEW YORK, NY - April 23, 2013 - (RealEstateRama) -- New York City real estate brokers reported a significant uptick in confidence in the current real estate market in the first quarter of 2013, as well as a positive outlook for the next six months, compared to the fourth quarter of 2012, according to the Real Estate Board of New York’s (REBNY’s) Real Estate Broker Confidence Index released today.
DOS Holds a Public Hearing and Meeting on Real Estate License Issues
ALBANY, NY - April 22, 2013 - (RealEstateRama) -- The New York Department of State will hold a public meeting followed immediately by a public hearing on "Thursday, April 24, 2013 at the Department of State, 99 Washington Avenue in Albany, 65 Court Street in Buffalo, and 123 William Street in NYC, regarding the profession of real estate salespersons and brokers. The Department’s Division of Licensing Services issues licenses to persons who sell real estate, and the Real Estate Board assists the Department in adopting rules and regulations relating to this discipline.
