New York RealEstateRama

New York - (RealEstateRama) -- The New York State Department of Taxation and Finance today reminded property owners—homeowners and businesses—that now is the time...

Governor Andrew M. Cuomo today announced the opening of the $36 million Norwood Terrace supportive housing development in the Bronx. The 115-unit housing project, operated by Concern for Independent Living, includes supportive services for homeless adults with psychiatric disabilities, along with affordable housing for low-income individuals and families.

Governor Andrew M. Cuomo today announced $10 million in state funding is available to assist eligible local municipalities that have been impacted by the recent flooding along the Lake Ontario coastline. The new investment program will support flood recovery efforts, including repairs to flood walls, roads, sidewalks, and culverts, as well as public water and sewer infrastructure. The funding is available through New York State Homes and Community Renewal. The program will be open to applications for funding from municipal governments in counties that were identified in Governor Cuomo’s May 2, 2017 emergency declaration this week

Representatives John Katko (NY-24), Chris Collins (NY-27), Claudia Tenney (NY-22) and Elise Stefanik (NY-21) are urging Governor Cuomo to take swift action in requesting the assistance of the Federal Emergency Management Agency (FEMA) to deliver relief to Lake Ontario shoreline and St. Lawrence River property owners.

The Metropolitan Rail Freight Council (MRFC) today released its first-ever Action Plan, a guiding document dedicated to growing rail freight capacity and volumes, investing in and preserving rail freight infrastructure, creating quality jobs, promoting environmental sustainability, creating an infrastructure bank, and ensuring a more resilient freight supply chain for the New York City metropolitan area.

U.S. Senators Charles E. Schumer and Kirsten Gillibrand today announced $4,804,166 in grants for New York state community development organizations in the national NeighborWorks® network. The funds will support developing and preserving affordable housing, maintaining and expanding neighborhoods, and growing jobs. The FY 17 grant funding will be released by NeighborWorks America.

The  Partnership for New York City, which represents the city’s largest private sector employers, investors and leading entrepreneurs, called on the New York State Legislature to permanently extend mayoral control, lift the charter school cap and grant design-build contracting authority to New York City agencies before this legislative session concludes

Governor Andrew M. Cuomo today announced a $14.7 million project to transform the vacant former City of Buffalo public School 77 into a community hub with 30 affordable apartments for seniors, office space, community space, a community recreational gymnasium, and an auditorium for a local theatre company.

Governor Andrew M. Cuomo today announced the grand opening of Crerand Commons II, a new housing development for families in the Town of Gates, Monroe County. The $9.8 million development offers working families the opportunity to live in quality, affordable homes in close proximity to public transportation, child care, and employment opportunities. The complex also complements Finger Lakes Forward, Governor Cuomo's successful blueprint for regional economic development

Newly Constructed Sixty Unit Affordable Housing Development is Affordable to Extremely Low- and Low-Income New Yorkers and Includes Twelve Units Reserved for Youth Aging out of Foster Care

Congressman Eliot Engel, a leading member of the House Energy & Commerce Committee, has cosponsored the MYDATA Act, a bill that would protect broadband users from unfair or deceptive practices relating to privacy or data security.

Congressman Brian Higgins (NY-26) kicked off Infrastructure Week 2017 by announcing the Nation Building Here At Home Act, a bill introduced by Higgins to address America’s crumbling infrastructure needs while putting people to work.

Senator Charles E. Schumer, Mayor Bill de Blasio, Staten Island Borough President James Oddo, Council Member Joe Borelli, and Department of Design and Construction Commissioner Feniosky Peña-Mora today announced that construction has begun on the new Joseph A. Verdino, Jr. Grandstand at the South Shore Little League in Staten Island.

The Massachusetts Association of Realtors® Charitable Foundation recently announced the 2017 recipients of its spring Housing and Homeless Assistance Grants.  The following 17 charities were nominated by local Realtor® Associations and then selected to receive a share of $13,500 in grants based on their initiatives to provide affordable housing, shelter and other emergency care services within Massachusetts

The Federal Reserve Bank of New York today released results from its February 2017 SCE Housing Survey, which provides information on consumers' housing-related experiences and expectations.

New York State Attorney General Eric Schneiderman, together with Acting Brooklyn District Attorney Eric Gonzalez, today announced that nine individuals have been variously charged with money laundering, mortgage fraud, grand larceny, conspiracy, and other charges related to their participation in a scheme to defraud mortgage lenders that spanned two New York City boroughs and resulted in over $1 million in ill-gotten mortgage loans

Congresswoman Carolyn B. Maloney (NY-12), a long time champion for investing in New York City’s infrastructure, expressed serious concerns about the proposed cuts to infrastructure investments in President Trump’s recent budget preview. On March 16, President Trump submitted to Congress his budget outline, or “skinny budget,” which proposed massive cuts to the Department of Transportation that will hamstring infrastructure projects across the country. His full budget is expected later this spring

U.S. Senators Charles E. Schumer, Kirsten Gillibrand and Representative Elise Stefanik successfully pushed the Federal Communications Commission (FCC) to grant a limited waiver petition to allow Westelcom to continue to operate as a rural telecommunications provider. Westelcom, a leader in the deployment of fiber-based broadband in the North Country, met the FCC’s overall goals of expanding broadband deployment in rural areas but needed a waiver that would protect critical funding the company needs to continue to provide the infrastructure for expanded rural telehealth medicine.

Governor Andrew M. Cuomo today announced more than $520 million in energy efficient upgrades across the City University of New York system. Coinciding with Earth Week, the energy-saving measures will reduce environmental impacts and operating costs while helping CUNY reach the Governor’s statewide energy goals to build a clean energy future for all of New York State.

The New York State Office of Mental Health (OMH) today announced the availability of up to $75,000 in grant funding for projects that help reduce the stigma often associated with mental illness

The New York City Housing Authority (NYCHA), the New York City Department of Housing Preservation and Development (HPD) and the New York City Housing Development Corporation (HDC) today announced the selection of two teams to develop 100 percent affordable housing apartments for seniors and families at NYCHA’s Betances Houses V and VI in the Mott Haven neighborhood of the South Bronx

The New York State housing market’s growth trend continued through the 2017 first quarter with sales setting the high-water mark for the quarter at 25,366, according to the housing market report released today by the New York State Association of REALTORS. The first quarter statewide median sales price of $245,000 represents an increase of 6.5 percent from the 2016 first quarter.

Congresswoman Carolyn B. Maloney joined with New Yorkers from across the city for the No HUD Cuts rally at 26 Federal Plaza. The gathered crowd was there to protest the proposed $6.2 billion budget cut to the U.S. Department of Housing and Urban Development that would negatively impact millions across the country. After the rally, she released the following statement

Governor Andrew M. Cuomo today announced that $28.8 million has been awarded to seven supportive housing projects across New York State, allowing the construction of 252 housing units for homeless New Yorkers. The funding, awarded through the New York State Office of Temporary and Disability Assistance’s Homeless Housing and Assistance Program, will support projects in the Bronx, New York, Chautauqua, Onondaga, Orange, Oswego and Tompkins counties.

“We've taken a significant step towards building a permanent memorial for the historic Harlem African Burial Ground and providing affordable housing and good jobs for East Harlem residents. We're grateful for the support of Community Board 11 and neighborhood residents, and look forward to continuing our partnership with Speaker Mark-Viverito and the Harlem African Burial Ground Task Force to make this project a reality,"