New York RealEstateRama

New York, NY - August 3, 2012 - (RealEstateRama) -- The following statement on the City’s comprehensive study of New York City buildings can be attributed to Mike Fishman, President of 32BJ, one of the largest building service workers union in the country:

Sparrowbush, NY - August 3, 2012 - (RealEstateRama) -- U.S. Senators Charles E. Schumer and Kirsten Gillibrand announced that $326,250 in federal funding was awarded to the New York State Department of Transportation to allow Orange County to purchase and redevelop vacant waterfront property along the Delaware River. Specifically, the funding will allow Orange County to acquire and preserve over 17 acres of vacant Delaware River waterfront property in Sparrowbush, NY.

New York, NY - August 2, 2012 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced another major milestone in the project for building a new bridge to replace the Tappan Zee with the release of the Final Environmental Impact Statement (FEIS), a document compiled by agencies on all levels of government with comprehensive responses to thousands of comments from the public.

NEW YORK, NY - July 26, 2012 - (RealEstateRama) -- City Comptroller John C. Liu today called on the New York City Housing Authority (NYCHA) to accept responsibility for placing New Yorkers in danger, operating in a fiscally irresponsible manner, governing behind closed doors, and wasting millions in tax dollars on an expensive consultant report that has yet to be publicly released.

New York, NY - July 25, 2012 - (RealEstateRama) -- Build NYC Resource Corporation (Build NYC) today approved approximately $75.6 million in tax-exempt financing to assist four New York City non-profits. Seaview Senior Living Housing Development Fund Corporation, a not-for-profit organization formed by The Metropolitan Council on Jewish Poverty and Leewood-Seaview, was approved for approximately $33.6 million in tax-exempt bonds. The proceeds from the bonds will be used by Seaview to construct a 103,000 square foot 188-bed assisted living and memory care facility and an 11,500 square foot building for social and recreational use by residents, as well as to renovate a historical landmark building for visitors

New York, NY - July 23, 2012 - (RealEstateRama) -- “Even in the depths of the national recession, our City never stopped investing in our future. From creating new parks and pools to renovating old bridges and schools, we did not walk away from investments that are critical to the long-term health of the city. And now, we’re beginning to see more of those investments pay off. Last week, we reached two major milestones in our efforts to revitalize our waterfront, expand our transit system, and build unprecedented amounts of affordable housing.

New York, NY - July 20, 2012 - (RealEstateRama) -- Black and Latino mortgage borrowers in New York City are far less likely to obtain conventional mortgage loans than white New Yorkers, according to a report released today by NEDAP and six partner organizations across the U.S

Federal Investment from VA Will Help Keep Vets and Families on Stable Ground Washington, D.C. - July 18, 2012 - (RealEstateRama) -- U.S. Senator Kirsten...

New York, NY - July 13, 2012 - (RealEstateRama) -- Nassau County Executive Edward P. Mangano today announced the completion of a major initiative to install energy efficient Light-Emitting Diode (LED) traffic signals at more than 1,300 intersections throughout Nassau County. The project, funded by a grant by the New York Power Authority (NYPA), will save an estimated $1.1 million annually for taxpayers.

Albany, NY - July 11, 2012 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced that the Department of Financial Services, in partnership with...

New York, NY - July 9, 2012 - (RealEstateRama) -- Mayor Michael R. Bloomberg, Deputy Mayor for Economic Development Robert K. Steel and Department of Housing Preservation and Development Commissioner Mathew M. Wambua today launched the adAPT NYC Competition, a pilot program to develop a new housing model for the City’s growing small-household population. adAPT NYC seeks to create additional choices within New York City’s housing market to accommodate the city’s changing demographics. Currently New York City has 1.8 million one- and two-person households, but only one million studios and one-bedrooms. The design competition involves a Request for Proposals for a rental building composed primarily, or completely, of micro-units – apartments smaller than what is allowed under current regulations. New York City’s housing codes have not kept up with its changing population, and currently do not allow an entire building of micro-units. Under this pilot program, Mayor Bloomberg will waive certain zoning regulations at a City-owned site at 335 East 27th Street in the Kips Bay neighborhood of Manhattan to test the market for this new housing model. The Mayor made the announcement at the American Institute of Architects’ Center for Architecture and also was joined by Deputy Mayor for Health and Human Services Linda I. Gibbs, City Planning Commissioner Amanda Burden and Buildings Commissioner Robert LiMandri, whose agencies collaborated with the Department of Housing Preservation and Development on the creation of this design competition.

New York, NY - July 4, 2012 - (RealEstateRama) -- Nassau County Executive Edward P. Mangano was joined today by Nassau County Legislator Joe Belesi, North Hempstead Councilman Angelo Ferrara and representatives from the New York Veterans Advocacy Group (NYVAG) to announce that Nassau County has awarded a $1.5 million grant from Federal HOME Investment Partnerships (HOME) Program funds to NYVAG to assist in converting an empty commercial property in Westbury into transitional housing for returning United States military veterans.

New York, NY - June 28, 2012 - (RealEstateRama) -- Nordstrom, Inc. has finalized an agreement with Extell Development Company to build Nordstrom’s first full-line store in New York City. This new flagship store will open along Manhattan’s bustling 57th Street corridor at 225 West 57th Street, between Broadway and Seventh Avenue, in the Columbus Circle area of Manhattan. The 285,000 square-foot store is expected to open in 2018

NEW YORK, NY - June 28, 2012 - (RealEstateRama) -- Jones Lang LaSalle was selected by Extell Development as the exclusive leasing agent for One Hudson Yards. The developer tapped the company to provide a full range of commercial office leasing services for the 56-story, 1.78 million-square-foot Class A office building.

NEW YORK, NY - June 27, 2012 - (RealEstateRama) -- City Comptroller John C. Liu and State Comptroller Thomas P. DiNapoli today announced that a joint audit found New York City’s Department of Finance failed to collect an estimated $24 million in property taxes because it did not use available resources to identify property owners who did not report income from cell antennas.

NEW YORK, NY - June 26, 2012 - (RealEstateRama) -- Jones Lang LaSalle has completed six transactions totaling 17,105 square feet of commercial office space for William Macklowe Co. at 400 Madison Avenue. The firm completed four new, direct deals and two lease extensions at the Class A, 200,000-square-foot commercial office building.

New York, NY - June 25, 2012 - (RealEstateRama) -- RKF recently secured two ground-floor retail spaces for General Nutrition Center (GNC) in Manhattan. The global retailer of specialty nutritional products signed long-term leases for a 1,000-square-foot space at 275 Seventh Ave., located between 25th and 26th Streets in Chelsea, and a 1,350-square-foot space at 1034 Third Ave., located between 61st and 62nd Streets on the Upper East Side. Opening in 2012, the new stores will be GNC’s 41st and 42nd Manhattan locations

BROOKLYN, N.Y. - June 25, 2012 - (RealEstateRama) -- Hudson Realty Capital, a Manhattan-based real estate fund manager with more than $2 billion in assets currently under management, has funded a $6 million construction loan involving a vacant industrial loft building in the North Williamsburg section. The sponsor previously secured a $4.65 million bridge loan from Hudson to finance the acquisition of the well-located residentially zoned property.

ALBANY, NY - June 22, 2012 - (RealEstateRama) -- Attorney General Eric T. Schneiderman released the following statement today on the overwhelming passage of The Foreclosure Fraud Prevention Act of 2012 in the state Assembly:

New York, NY - June 22, 2012 - (RealEstateRama) -- Assembly Speaker Sheldon Silver and Judiciary Committee Chair Helene Weinstein today announced the passage of the Foreclosure Fraud Prevention Act of 2012. This historic measure would protect New York's working families from fraudulent business practices perpetrated during the foreclosure process, by instituting misdemeanor and felony-level penalties for those who intentionally engage in or tolerate such conduct

NEW YORK, NY - June 21, 2012 - (RealEstateRama) -- The Spot Experience, New York’s premier and fastest-growing dog services provider, is pleased to announce a partnership with full-service real estate firm Rose Associates, to provide dedicated luxury dog amenity services for Rose’s residential real estate portfolio in New York City. As part of the partnership, Spot will offer a full array of its high-level dog services to residents in more than 30 buildings managed by Rose. This is the first deal in New York City of its kind giving residents full-scale access to both in-house and off-site pet care, providing the ultimate amenity for the dog owning tenant.

WASHINGTON, D.C. - June 20, 2012 - (RealEstateRama) -- Congressman Paul Tonko announced today that the federal government has awarded a grant of $118,800 to the Albany Housing Coalition through the U.S. Department of Labor’s Homeless Veterans Reintegration Program. The grant will provide job training for homeless veterans to help them succeed in civilian careers.

New York, NY - June 19, 2012 - (RealEstateRama) -- The New York State Senate today passed legislation (S6524A), sponsored by Senator Mark Grisanti (R-North Buffalo), that will provide an asbestos removal tax credit to encourage the cleanup of old, unsafe properties, and spur investment throughout the State.

EUGENE, OR - June 19, 2012 - (RealEstateRama) -- IDX, Inc. welcomes Domenica Neuhaus to the ever-expanding networks of agents and brokers dedicated to transforming the online real estate search on their professional websites. As a member of the Staten Island MLS (SIBOR), Neuhaus has long had access to thousands of detailed property listings. Now, her clients and other Staten Island, New York home seekers can experience the same level of accessibility to the SIBOR. IDX Broker has forever changed the way potential buyers search for homes online.

ALBANY, N.Y. - June 19, 2012 - (RealEstateRama) -- Time is running out for interested members of the public to bid on the current round of excess Federal Emergency Management Agency (FEMA) manufactured housing units now up for auction on a U.S. General Services Administration (GSA) website.