Op-Ed: Housing Agency Needs New Leader
New York, NY - April 3, 2013 - (RealEstateRama) -- Last week, we joined seven other state attorneys generals in calling on President Barack Obama to replace Edward DeMarco, the acting director of the Federal Housing Finance Agency, which oversees Fannie Mae and Freddie Mac. We don’t have anything against DeMarco personally, but we believe that he is standing in the way of progress toward a full economic recovery and hurting families across the country. It is time for new leadership and a new direction at Fannie and Freddie
A.G. Schneiderman Op-Ed: Homeowners Need New Leadership Over Fannie Mae And Freddie Mac
NEW YORK, NY - April 3, 2013 - (RealEstateRama) -- New York Attorney General Eric T. Schneiderman today published an op-ed in Politico calling on President Obama to replace Edward DeMarco, the acting Director of the Federal Housing Finance Agency, which oversees mortgage institutions Fannie Mae and Freddie Mac. Co-authored by Massachusetts Attorney General Martha Coakley, the op-ed notes that Acting Director DeMarco’s refusal to provide relief to struggling homeowners stands in the way of progress toward a full economic recovery, hurting families nationwide. The following are excerpts of the article
MAYOR BLOOMBERG SIGNS LEGISLATION TO ASSIST HOMEOWNERS AND BUSINESSES RECOVERING FROM HURRICANE SANDY
New York, NY - April 3, 2013 - (RealEstateRama) -- “The first three of nine bills before me today relate to our Administration’s continued response to Hurricane Sandy and our efforts to protect New Yorkers and get businesses affected by Sandy back on their feet.
IDX Broker supplies iPhone-enabled property search to New York clients of Sophia Tseng
EUGENE, OR - April 3, 2013 - (RealEstateRama) -- IDX, Inc. and real estate professional Sophia Tseng East Coast Realtors have enabled a remarkable IDX solution on her professional website with the premier IDX Broker software. Long Island MLS (MLSLI) listings are displayed directly on the search page Tseng hosts online, giving area home seekers a comprehensive and efficient way to search through thousands of properties on the market without ever leaving the convenience Tseng’s website
NYC Housing Development Corporation Ranked Number One Issuer Of Multifamily Affordable Housing Bonds In...
NEW YORK, N.Y. - April 2, 2013 - (RealEstateRama) -- The New York City Housing Development Corporation (HDC) has posted another record-breaking year, ranking first on Thomson Reuters list of multi-family bond issuers and third in Affordable Housing Finance Magazine’s annual ranking of affordable housing lenders. From January through December 2012, the Corporation issued $1.065 billion in bonds and provided more than $1.8 billion in financing that was raised from the sale of bonds and the provision of other corporate subsidies. Over the course of the year, HDC financed the construction and/or preservation of 11,400 apartments
Deadline Extended for Affordable Rental Apartments in Downtown Riverhead
Hauppauge, NY - April 2, 2013 - (RealEstateRama) -- County Executive Steve Bellone today announced that the County is extending the deadline to apply for 52 new affordable rental apartments located in the new Summerwind Square development in downtown Riverhead until May 1, 2013
Monroe County Public Safety Crime Lab Receives High Performance Energy Efficiency Award from NYSERDA
New York, NY - March 29, 2013 - (RealEstateRama) -- The New York State Energy Research and Development Authority (NYSERDA) has recognized Monroe County Public Safety Crime Lab with a High Performance Building Plaque for energy efficiency measures that will cut energy costs by $75,000 annually.
SCHUMER ANNOUNCES FEMA AND HUD TO IMPLEMENT LONG-TERM RENTAL ASSISTANCE PROGRAM TO INDIVIDUALS DISPLACED...
WASHINGTON, D.C. - March 29, 2013 - (RealEstateRama) -- U.S. Senator Charles E. Schumer today announced that the Federal Emergency Management Agency (FEMA) and the U.S. Department of Housing and Urban Development (HUD) will institute a program that provides temporary rental payments to landlords in order to help families displaced after Superstorm Sandy. The Disaster Housing Assistance Program (DHAP) was put forward in the aftermath of Hurricane Katrina, and will provide eligible Sandy victims with a longer-term housing option through the provision of a temporary voucher.
SFY 2013-14 Budget Invests in Affordable Housing
New York, NY - March 29, 2013 - (RealEstateRama) -- Assembly Speaker Sheldon Silver and Housing Committee Chair Keith L.T. Wright announced today that initiatives included in the 2013-2014 Budget agreement would increase affordable housing options for working families and seniors by financing $1 billion over five years. The spending plan directs $5.8 million to maintain the Tenant Protection Unit and $62 million for housing and community renewal programs
14 NYSERDA Home Performance Contractors Recognized by U.S. Department of Energy for ‘Outstanding Contributions’...
New York, NY - March 29, 2013 - (RealEstateRama) -- Fourteen building trades contractors participating in the New York State Energy Research and Development Authority’s (NYSERDA) Home Performance with ENERGY STAR® program have received awards from the U.S. Department of Energy (DOE) for “outstanding contributions to energy efficiency” during 2012
Tenants to legislators: Stop rents from rising faster than wages!
NEW YORK, NY - March 29, 2013 - (RealEstateRama) -- Tenants & Neighbors commends the New York State Legislature for taking action to raise the minimal wage. This much needed move will help many low income households stay afloat in difficult economy. It is imperative, however, that as legislators act to raise wages for workers, they also take steps to protect these same individuals from unaffordable rent increases.
FEMA, HUD announce rental assistance program for NY Sandy survivors
NEW YORK, NY - March 29, 2013 - (RealEstateRama) -- To assist families who are still struggling to locate housing after being displaced by Hurricane Sandy, the Federal Emergency Management Agency (FEMA) and the U.S. Department of Housing and Urban Development (HUD) announced today they will reinstitute the Disaster Housing Assistance Program (DHAP), a unique rental assistance program that provides temporary rental payments directly to landlords to help families displaced by disasters. DHAP-Sandy will help families find intermediate housing as they rebuild their lives
Nixon Peabody’s National Health Services Practice Strengthens New York Footprint with Arrival of Two...
Albany, NY - March 27, 2013 - (RealEstateRama) - In a move that reinforces Nixon Peabody LLP’s health care practice as one of the preeminent practices in New York State, the firm is pleased to announce that veteran health care attorneys Philip Rosenberg and Laurie Cohen have joined the firm’s Albany, NY, office as new partners. Mr. Rosenberg and Ms. Cohen, who left Wilson Elser, an Am Law 100 firm, will be working along with current Nixon Peabody partner Peter Millock, a former general counsel at the New York State Department of Health, and counsel Barbara Asheld, a former house counsel at the Department of Health.
Department of State Board of Real Estate Appraisal to Hold Meeting
ALBANY - March 27, 2013 - (RealEstateRama) -- The New York Department of State will hold a public meeting on Wednesday, April 3, 10:30 a.m. at 99 Washington Avenue in Albany, 65 Court Street in Buffalo, and 123 William Street in NYC. The Department’s Division of Licensing Services issues licenses to persons who conduct appraisals on real estate, and the Board of Real Estate Appraisal assists the Department in adopting rules and regulations relating to this discipline.
HPD Commissioner Wambua Continues Preference For Displaced Sandy Victims At East Clarke Place Court,...
Bronx, N.Y.- March 25, 2013 - (RealEstateRama) -- New York City Department of Housing Preservation and Development (HPD) Commissioner Mathew M. Wambua today announced the latest City-subsidized affordable housing development to offer preference to income-eligible New Yorkers displaced from their homes by Hurricane Sandy. Twenty-five percent of the units in East Clarke Place Court now being marketed in the Highbridge section of the Bronx will be subject to the Sandy preference. All units are subject to a lottery managed by the developer and overseen by HPD and the City’s Housing Development Corporation (HDC).
REBNY SEEKS BEST AND BRIGHTEST FOR RETAIL DEAL OF THE YEAR AWARD
New York, NY - March 25, 2013 - (RealEstateRama) -- The nomination forms are out for The Real Estate Board of New York (REBNY)’s coveted Retail Deal of the Year Awards, which annually recognizes the most creative and significant New York City retail deals. Submissions are due Thursday, April 25 at 5:00 pm and the winners will be announced at the Retail Committee’s Deal of the Year Cocktail Party on Tuesday, June 11.
SCHUMER: NEARLY ONE IN THREE MONROE COUNTY VETS DON’T UTILIZE PROPERTY TAX BENEFITS –...
New York, NY - March 25, 2013 - (RealEstateRama) -- Today, at the Veterans Outreach Center’s “Stars and Stripes” Retail Store in Rochester, U.S. Senator Charles E. Schumer launched a two-pronged plan to help ensure that veterans returning home to Monroe County from Iraq and Afghanistan are receiving critical benefits that will allow them to afford a home and live stable, civilian lives.
Statement from Governor Andrew M. Cuomo on the Federal Housing Finance Agency’s Proposal on...
Albany, NY - March 26, 2013 - (RealEstateRama) -- "New York's reforms and the findings of the extensive investigation by the Department of Financial Services continue to serve as a national model and FHFA's new proposal appears to be another step in that direction."
Search capabilities expanded for New York home seekers on the IDX-enabled website of Michael...
EUGENE, OR - March 26, 2013 - (RealEstateRama) -- IDX, Inc. is pleased to announce Newburgh, New York realtor Michael Jones has joined the elite group of real estate agents and brokers who have adopted a customizable IDX solution. As a subscriber to IDX Broker software, Jones can synchronize her website automatically with his membership with Empire Access MLS (EAMLS) displaying thousands of properties instantly on the website he hosts. With his IDX solution, New York home seekers can explore an immense database of detailed property listings without ever leaving the convenience of Jones’ website.
SCHUMER, GILLIBRAND ANNOUNCE OVER $54 MILLION IN FEDERAL REIMBURSEMENT FOR EMERGENCY HOME REPAIRS IN...
New York, NY - March 25, 2013 - (RealEstateRama) -- U.S. Senator Charles E. Schumer and U.S. Senator Kirsten E. Gillibrand today announced over $54 million in Federal Emergency Management Agency (FEMA) funding for the New York City Department of Environmental Protection’s (NYCDEP) Sheltering and Temporary Essential Power (STEP) pilot program. As a result of Superstorm Sandy, the City of New York implemented a Rapid Repair Program that initiates certain emergency protective measures to allow damaged homes to be utilized as shelters by restoring electric service, heat, and hot water. New York City paid for the program, and these funds represent a reimbursement, ensuring that local tax payers don’t have to pay for the entire bill
Congresswoman Maloney Hails $752,000 in Federal Funding for Stein Senior Center’s New Facility
New York, NY - March 25, 2013 - (RealEstateRama) -- Today, Congresswoman Carolyn Maloney (D-Manhattan, Queens & Brooklyn) joined with administrators, senior citizens and local elected officials at the Stein Senior Center in Manhattan to hail the allocation by the New York City Department for the Aging of $752,000 in federal Community Development Block Grant funding to support the rehabilitation of the Center’s new home, which is located in the Uniformed Firefighters Association’s headquarters building at 204 East 23rd Street in Manhattan. The Center is celebrating its Grand Opening at its new space this evening
MAYOR BLOOMBERG ANNOUNCES FIRST-OF-ITS-KIND NYC RAPID REPAIRS PROGRAM COMPLETES WORK ON MORE THAN 20,000...
New York - March 25, 2013 - (RealEstateRama) -- Mayor Michael R. Bloomberg, Deputy Mayor for Operations Cas Holloway, Director of the Mayor’s Office of Housing Recovery Operations Brad Gair, Director of Rapid Repairs Kathryn Mallon and FEMA Federal Coordinating Officer Michael Byrne today announced NYC Rapid Repairs has completed work on more than 99 percent of homes, helping more than 20,000 families – and approximately 54,000 people – return to their homes in communities hit hard by Hurricane Sandy.
Empire State median home price continues to grow as inventory shrinks
Albany, NY - March 21, 2013 - (RealEstateRama) -- The New York State housing market sustained its ongoing recovery in February, posting a 4.8-percent growth in the statewide median sales price for existing single-family homes, condos and co-ops, according to the housing market report released today by the New York State Association of REALTORS. Year-to-date closed sales are 3.3 percent ahead of the 2012 start, despite a sales decline in February.
Bellone Applauds Approval of $1.7 Million in Infrastructure Improvements for Wyandanch Rising
Hauppauge, NY - March 21, 2013 - (RealEstateRama) -- On March 19th, the Suffolk County Legislature approved $1.7 million in funding for infrastructure improvements to support the development of affordable rental housing in the hamlet of Wyandanch. This housing project is part of a comprehensive plan, Wyandanch Rising, to revitalize one of the most economically distressed communities in Suffolk County.
Governor Cuomo Announces Housing Extension for Sandy Victims
Albany, NY - March 21, 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 21-day extension to the Transitional Sheltering Assistance (TSA) program, which allows eligible survivors from Superstorm Sandy who cannot return to their homes to stay in participating hotels or motels