NEW YORK, NY - December 3, 2012 - (RealEstateRama) -- Don't let the word "business" in the name U.S. Small Business Administration (SBA) fool you. If you are a homeowner or renter, the SBA is a primary source of federal funds for long-term recovery.

NEW YORK, NY - November 28, 2012 - (RealEstateRama) -- In its latest Quarterly Report on Household Debt and Credit, the Federal Reserve Bank of New York announced that in the third quarter, non-real estate household debt jumped 2.3 percent to $2.7 trillion. The increase was due to a boost in student loans ($42 billion), auto loans ($18 billion) and credit card balances ($2 billion).

New York, NY - November 26, 2012 - (RealEstateRama) -- “Our recovery from Hurricane Sandy continues to move ahead on all fronts. That includes important steps to help New Yorkers get back in their homes, help students get back in their familiar schools and help neighborhood businesses get back on their feet. And let me just touch on what we’re doing in each area.

New York, NY - November 19, 2012 - (RealEstateRama) -- U.S. Senators Charles Schumer and Kirsten Gillibrand released the following statement Friday after the General Services Administration issued the needed environmental approvals to allow the $22 million Customs Commercial Building renovations to move forward at the Peace Bridge Plaza

New York, NY - November 15, 2012 - (RealEstateRama) -- Nassau County Executive Edward P. Mangano and Governor Andrew M. Cuomo today announced that FEMA will issue Emergency Assistance for New Yorkers whose homes were affected by Hurricane Sandy. At the Governor’s request, FEMA will bring in contractors in order to perform basic repairs so that residents can return to their homes while more long term repairs are in progress. Only residents in the federally-declared counties are eligible to participate in this program. Homeowners in these localities who want to apply for assistance should contact their county or local officials to receive contractor support. Homeowners must be registered with FEMA, which they can do by calling 800-621-FEMA (3362)

New York, NY - November 9, 2012 - (RealEstateRama) -- Nassau County Executive Edward P. Mangano, in partnership with New York State Governor Andrew Cuomo, today announced that the New York State Department of Financial Services will be available at Cedar Creek Park daily from 8am to 11pm to offer residents advice on how to file an insurance claim for property damage from Hurricane Sandy. Representatives will also be presence from several of the nation’s largest insurance companies, including: Allstate, MetLife, New York Life, Travelers and USAA

NEW YORK CITY - November 8, 2012 - (RealEstateRama) -- Residents awaiting inspectors sent by the Federal Emergency Management Agency can begin their cleanup process and remove trash prior to the arrival of FEMA inspectors. If you do not have insurance to cover your disaster-related damages, an inspection performed by a FEMA inspector is required to process your application.

WASHINGTON, D.C. - November 8, 2012 - (RealEstateRama) -- As part of ongoing efforts to ensure families and individuals impacted by Hurricane Sandy get the support they need, the Federal Emergency Management Agency (FEMA) announced today that the agency is increasing the amount of rental assistance that it may provide eligible disaster survivors in New York and New Jersey. The rental amount, based on existing HUD Fair Market Rates (FMR) for fiscal 2013, is being increased by an additional 25 percent.

Torrance, CA - November 6, 2012 - (RealEstateRama) -- Charlotte-based Mountain Real Estate Capital, LLC (Mountain) announces the acquisition of a significant portion of remaining land portfolio assets from Forest City Land Group. This includes master planned communities across the country totaling approximately 1,200 residential lots. The projects include a mix of finished lots, partially finished lots and undeveloped land for residential and commercial development. The terms of the transaction were not disclosed.

November 5, 2012 - (RealEstateRama) -- Nassau County Executive Edward P. Mangano announced that he is partnering with the Empire Electrical Inspectors of New York to assist LIPA in restoring power to homes throughout Nassau. Yesterday, a team of 30 inspectors visited 4,000 homes in Nassau County to inspect circuit breakers and notified LIPA whether it was safe or not to turn power back on.

Torrance, CA - October 26, 2012 - (RealEstateRama) -- Lee & Associates NYC (Lee NYC), the New York office of Lee & Associates Commercial Real Estate Services, a privately-held national commercial real estate firm, today announced it subleased the remaining 2,500-square-foot block of a 12,500-square-foot floor at 311 West 43rd Street to Verse Marketing, a web marketing group, on behalf of Cooper, Robertson & Partners, an architecture and urban planning company founded in 1979. Gabe Issacs, managing director, and Frank Discolo, associate, of Lee NYC conducted the transaction. Andrew Weinstein of Cushman & Wakefield represented Verse Marketing

Torrance, CA - October 26, 2012 - (RealEstateRama) -- Lee & Associates NYC (Lee NYC), the New York office of Lee & Associates Commercial Real Estate Services, a privately-held national commercial real estate firm, today announced it closed on two leases at 244 East 84th Street, a 6-story multi-use building at the corner of 84th Street and Second Avenue it manages and leases.

New Windsor, NY - October 26, 2012 - (RealEstateRama) -- Standing with Hudson Valley women entrepreneurs at OXYVITA, Inc., U.S. Senator Kirsten Gillibrand today called for targeted federal investment into the Women’s Enterprise Development Center (WEDC) through the Economic Development Administration.

Albany, NY - October 26, 2012 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced that PepsiCo will renovate its worldwide headquarters in Purchase, keeping the food and beverage company’s 1,100 jobs in New York State. Throughout the duration of the project, which involves the complete redevelopment of 420,000 square feet of office space, approximately 1,250 local construction jobs will be created.

NEW YORK, NY - October 8, 2012 - (RealEstateRama) -- The Federal Reserve Bank of New York today released new data1 about the distressed residential real estate market, including the inventory of real estate owned properties, or REO. Through interactive maps, viewers can explore the current status and potential future scenarios for REO properties at the national and state-specific levels. Another interactive map examines the magnitude and recent history of distressed sales in New York, New Jersey and Connecticut at the state and county level.

NEW YORK, NY - September 28, 2012 - (RealEstateRama) -- On Monday, October 1st, new rent increases approved by the New York City Rent Guidelines Board will begin going into effect, raising the cost of housing for millions of rent stabilized tenants. For many tenants, these rent increases will be a severe hardship, and will further heighten the effects of the economic recession.

Albany, NY - September 21, 2012 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced that the Empire State Development (ESD) Board of Directors has authorized the transfer of the Tryon Boys and Girls Center (Tryon Facility) to the Fulton County Industrial Development Agency (FCIDA) for redevelopment

NEW YORK, N.Y. - September 19, 2012 - (RealEstateRama) -- City Comptroller John C. Liu today announced a new housing study, “Rents through the Roof,” that found middle-income New Yorkers are increasingly being squeezed by rising rents. Unfortunately, however, they can expect little relief from existing plans to create affordable housing

YONKERS, NY - September 7, 2012 - (RealEstateRama) -- Yonkers Mayor Mike Spano announced today that City taxpayers no longer will continue to subsidize free trash collection for local commercial properties in downtown Yonkers, saving taxpayers $300,000 per year. Starting November 15, the City of Yonkers will discontinue trash removal services for commercial businesses located within the Yonkers Downtown/Waterfront Business Improvement District (BID).

New York, NY - August 28, 2012 - (RealEstateRama) -- In advance of a New York State Homes and Community Renewal (HCR) hearing on revisions to the Rent Stabilization Code, tenants, community leaders and elected officials banded together to call the proposed changes inadequate. Tenants and elected leaders demanded tough new enforcement rules, and called on Governor Cuomo to champion these efforts for stronger tenant protections.

New York, NY - August 27, 2012 - (RealEstateRama) -- Tomorrow morning, dozens of tenants, community leaders and elected officials will join together and call on Governor Cuomo to issue new rules for rent law enforcement. For over a year, a crucial portion of the 2011 rent laws has been ignored: a promise to revise the Rent Stabilization code and add new rules and regulations. These news rules could increase New York State Homes and Community Renewal's power to prevent landlord fraud, unsanctioned rent increases, and illegal evictions

New York, NY - August 27, 2012 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced that the state has secured an agreement to acquire the final piece of property needed to advance the U.S. Peace Bridge Plaza enhancement project, breaking through years of paralysis that has impeded the new plaza's progress. Lieutenant Governor Robert J. Duffy held a press conference with local officials today in Buffalo to mark this major milestone in the development of the Peace Bridge Plaza.

Hauppauge, NY - August 23, 2012 - (RealEstateRama) -- The Department of Health Services, said today that the beach closure issued for Bay Hills Property Owners Association Beach in Huntington Bay has been lifted, as results of recent samples collected show the water quality to be within acceptable levels.

NEW YORK, NY - August 23, 2012 - (RealEstateRama) -- The Federal Reserve Bank of New York will release its Q2 2012 Quarterly Report on Household Debt and Credit Wednesday, August 29. The report will be available under embargo at 10 a.m. EDT for release an hour later.

Yonkers, NY - August 22, 2012 - (RealEstateRama) -- The Yonkers Industrial Development Agency (YIDA) today gave initial approvals for a $22 million redevelopment of five properties in downtown Yonkers into lofts, retail and restaurant space.