Senate Passes Legislation to Help Family Caregivers
The New York State Senate today passed a measure that would help caregivers receive the necessary resources to deliver care to older adults and others with long term health needs in a home setting. The CARE Act (S676A) sponsored by Senator Kemp Hannon (R, Nassau), would reduce future hospitalizations of patients by ensuring that caregivers are involved in and educated about patients’ needs and how to best meet them once they leave the hospital.
New York Department of State to Hold Public Hearing and Meeting of Real Estate...
The New York Department of State will hold a public meeting followed immediately by a public hearing on April 30, 2015 at 10:30a.m., regarding the profession of real estate salespersons and brokers.
NATIONWIDE RASH OF ‘SWATTING’ ATTACKS NOW THREATENING LOCAL ROCHESTER RESIDENTS, COSTING LAW ENFORCEMENT THOUSANDS...
Near the site of a recent “swatting” attack on Park Avenue in Rochester, U.S. Senator Charles E. Schumer today announced legislation to crack down on an alarming new nationwide crime trend called “swatting” that has recently emerged as a problem in Rochester. Schumer explained that “swatting” is an incident in which a fake phone call is made in an effort to have police SWAT teams respond to an unsuspecting resident’s home. Schumer said these false alerts are not only terrifying residents, but they are also costing law enforcement departments thousands of dollars and putting at risk both first responders and innocent bystanders.
A.G. Schneiderman Urges Brokers And Home Buyers In New York To Take Advantage Of...
Attorney General Eric T. Schneiderman today issued an open letter urging participants in the New York residential real estate market to take advantage of a recent change to the State’s Real Property Law confirming that real estate agents may rebate a portion of their commissions to clients. Attorney General Schneiderman’s letter explains that this change, which his office helped initiate, has the potential to reinvigorate price competition among real estate brokers in New York. His letter also emphasizes that his office will investigate any allegations of discrimination against brokers engaged in rebating
DEC Commissioner Martens to Announce Statewide Conservation Grants to Land Trusts
New York State's weeklong celebration of Earth Day will launch on Monday, April 20 with an announcement of conservation grants to land trusts statewide at an event on Monday with the New York State Department of Environmental Conservation (DEC) and the Land Trust Alliance. Many representatives from land trusts around the state will be in attendance
Three Atlanta Area Realtors Attend International Real Estate Conference on Working Towards Transparent and...
USA, the International Real Estate Federation – U.S. Chapter held a luncheon in the private delegates’ dining room at the United Nations facility in New York City on Friday, March 27, 2015, to address the continuing need for cross-border cooperation in international property markets. FIABCI enjoys special consultative status with the Economic and Social Council of the United Nations and regularly address real estate issues at UN offices around the world
New York Mortgage Trust, Inc. Announces Pricing of Public Offering of 7.875% Series C...
New York Mortgage Trust, Inc. (Nasdaq:NYMT) today announced that it priced a public offering of 3,600,000 shares of its 7.875% Series C Cumulative Redeemable Preferred Stock (the "Series C Preferred Stock"), liquidation preference $25.00 per share, for gross proceeds of $90,000,000, before deducting underwriting discounts and offering expenses.
A.G. Schneiderman Announces Cease And Desist Letter Sent To Property Management Company For Allegedly...
Attorney General Eric T. Schneiderman today announced that his office has issued a cease and desist letter to LeRay 300, LLC, a Virginia-based company owned by Jeffrey S. Lewis, also of Virginia. The business operates as a rental property company near Fort Drum under the name of Woodcliff Community. The letter orders Woodcliff Community to immediately cease charging service members illegal fees in violation of the Servicemember Civil Relief Act and collecting undisclosed, non-refundable "reservation deposits" in violation of New York State law, among other allegations.
Yonkers Mayor Mike Spano Proposes Fiscal Year 2016 Executive Budget City to Provide Largest...
Yonkers Property Owners to Receive Tax Rebates from New York State as City Stays Within 2% Tax Cap for Fourth Consecutive Year
YONKERS, NY -...
NYSDOT SETS APRIL 21 MEETING ABOUT UPCOMING 2015 CONSTRUCTION PROJECTS
The New York State Department of Transportation (NYSDOT) will hold a public meeting on Tuesday, April 21, at 6:30 p.m. regarding planned construction projects in 2015 for the Village of Owego and Town of Owego, Tioga County. The meeting will be held at Tioga Opportunities, Inc, 9 Sheldon Guile Boulevard, Owego. Doors will open at 6:15 p.m. with a presentation to be given at 6:30 p.m.
Hanley Investment Group Negotiates Sale of Four Single-Tenant 7-Eleven Stores in Erie County, New...
Hanley Investment Group, a nationally-recognized boutique real estate brokerage and advisory firm specializing in retail property sales, announced today that Senior Vice President Jeremy McChesney negotiated the sale of four single-tenant absolute NNN 7-Eleven stores in Erie County, New York, totaling nearly $3 million. McChesney currently has two other East Coast 7-Eleven stores in escrow and two additional ones available for sale.
Consumers’ Expectations Rebounded in March
Results from the March 2015 Survey of Consumer Expectations suggest that expectations have rebounded compared to last month. In particular, after a marked decline in February, expectations about home prices, earnings growth and household spending returned to levels that prevailed during the second half of 2014.
SCHUMER URGES FEDS TO EXAMINE OUTDATED FLOOD MAPS IN JOHNSTOWN; CURRENT MAPS, WHICH DATE...
Today, at the Johnstown Shopping Center, U.S. Senator Charles E. Schumer urged the Federal Emergency Management Agency (FEMA) to examine the outdated flood maps that have incorrectly placed the Johnstown Shopping Center, as well as up to 50 other properties in the surrounding area, in the Cayudutta Creek’s flood zone. Now that more comprehensive and accurate analyses are available, Schumer will urge FEMA to rectify the situation by correcting the maps and working with local leaders to ensure that thorough engineering analysis is completed to provide the data necessary to make these important adjustments.
SCHUMER, STANDING WITH HARRIET TUBMAN’S RELATIVES, URGES NATIONAL PARK SERVICE TO PUT TUBMAN PARK...
Today, at the Tubman Home/Visitor’s Center, standing with Harriet Tubman relatives, U.S. Senator Charles E. Schumer urged the National Park Service (NPS) to work with Auburn and Harriet Tubman Home officials to finalize details that will formally put Harriet Tubman National Historical Park on the fast track to being established and receiving critical federal funding
Center for NYC Neighborhoods Launches Tracker To Alert Homeowners To Tax Lien Sale
The Center for NYC Neighborhoods today launched a new webbased tool that tracks the 16,000 one- to four-family homes on the NYC Department of Finance’s 60-day lien sale list: cnycn.org/taxliensale. Every year, the Department
of Finance sells the liens of properties that have unpaid debts – including property taxes, water bills and other charges –which can result in an increased financial burden for families already behind on their bills, and even result in foreclosure
Turner Interiors Delivers Luxury Retail Space in Up-and-Coming Lower Manhattan “It” Spot
Turner's Interiors group in New York recently turned over 120,000 square feet of luxury retail space within Brookfield Property Partners’ 375,000-square-foot retail offering at Brookfield Place.
2015-16 State Budget Supports Important Programs
Senator Patrick M. Gallivan (R-C-I, Elma) says the $142-billion 2015-16 state budget provides critical funding to important state programs while controlling the size and cost of government. The state’s fifth consecutive on-time budget keeps spending within a two-percent cap, increases aid to education, rejects tax increases and provides property tax relief for homeowners. The spending plan also includes funding for regional assets such as Roswell Park Cancer Institute, the NFTA and Shea’s Performing Arts Center
B.P. Brewer and 26 Manhattan elected officials urge changes to Mayor’s zoning proposal
Borough President Gale A. Brewer and 26 other Manhattan elected officials-- Members of Congress, State Senators, State Assembly Members, City Council Members-- sent a letter to Carl Weisbrod, Chair of the City Planning Commission, calling for changes to the zoning text amendment which the de Blasio Administration has proposed to expand development in the City, including reforms to the city's inclusionary housing policies.
Crouch Calls For $500 Property Tax Credit In Final Budget
Assemblyman Clifford W. Crouch (R-Bainbridge) today called for the inclusion of a $500 property tax credit for middle-class families in the Southern Tier in the state’s final budget. Crouch’s call for tax relief comes in the wake of news that New York State has an additional $610 million on hand from yet another bank settlement.
Mayor Warren Greets Flower City Work Camp Volunteers and Homeowner in Northeast Rochester
Mayor Lovely Warren visited a worksite to thank youth and adult volunteers on the first day of the Flower City Work Camp, a faith-based organization comprised of more than 40 churches throughout Monroe County providing home improvements for city homeowners who are unable to make repairs themselves.
Burkhardt joins Cushman & Wakefield
Kyle Burkhardt has joined the Long Island office of Cushman & Wakefield as Senior Director. Previously a broker with Colliers International and a managing principal at Alliance Real Estate, Burkhardt is an industrial real estate sales and leasing specialist with extensive experience in both buyer/ seller and tenant/ landlord representation
COMPTROLLER STRINGER AUDIT REVEALS CITY AGENCY CAN’T ACCURATELY TRACK REAL ESTATE HOLDINGS
The Department of Citywide Administrative Services (DCAS) can’t produce an accurate list of the office space it administers, or identify vacancies in the more than 19 million square feet of office space it manages, New York City Comptroller Scott M. Stringer found in a new audit released today. This lack of oversight means that New York City taxpayers could be on the hook for unnecessary payments to property owners
Rose Associates Leases 1,460 S.F. to Spruce & Bond at 1441 Second Avenue in...
Rose Associates, the New York-based full-service real estate firm, has announced that it recently signed a 12-year lease with Spruce & Bond for 1,460 square feet in The Eastmore at 1441 Second Avenue.
Rose Associates Leases 834 S.F. to Quest Diagnostics at 333 West 57th Street in...
Rose Associates, the New York-based full-service real estate firm, has announced that it recently signed an 834-square-foot, five-year lease with Quest Diagnostics at The Westmore, a property located at 333 West 57th Street in Manhattan.
Manhattan B.P. Gale Brewer calls for lease mediation in final year of commercial leases...
This morning, Manhattan Borough President Gale A. Brewer unveiled proposals to help ease the path to survival of New York City small businesses at the Upper West Side storefront of The Halal Guys, which began as a single street cart on 53rd Street and Sixth Avenue, and is now a flourishing mini-chain with multiple carts, two storefront locations in New York so far, and expansion slated for Chicago and southern California