WASHINGTON, D.C. - April 24, 2014 - (RealEstateRama) -- FEMA’s ‘Proof of Loss’ Form Must Be Submitted By April 28th for Flood Insurance Coverage of Personal Property that was Damaged By Floodwaters; Many Sandy-Victims Are Still Recovering & Need More Time to File Claims

BUFFALO - March 28, 2014 - (RealEstateRama) -- Attorney General Eric T. Schneiderman today announced that his office’s Homeowner Protection Program (HOPP) has served 24,000 New Yorkers statewide in less than a year and half, resulting in 6,660 approved and pending loan modifications. Of those homeowners, 1,519 reside in the counties of Erie and Niagara; and of the loan modifications approved and pending statewide, 797 are located in Erie and Niagara. Since October 2012, HOPP has allocated significant funding to 36 legal services organizations and 56 housing counseling agencies dedicated to providing free foreclosure prevention services to struggling homeowners.

Albany, NY - March 20, 2014 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced support from 175 local elected officials for his plan to cut property taxes. The Governor also detailed his proposal to cut property taxes and encourage local governments to reduce costs earlier today at Mohawk Valley Community College in Oneida County.

WASHINGTON, D.C. - March 12, 2014 - (RealEstateRama) -- The Greater Jamaica Development Corp. announced Friday that it has reached a deal to sell BRP Companies a development site near Jamaica station in Queens where the buyer will build a $225 million residential tower with retail space in its base

WASHINGTON, D.C. - March 4, 2014 - (RealEstateRama) -- Are we worth it? There have always been buyers and sellers who want to go it alone. They are sure that they can save money by not paying a commission. In my experience the reality is somewhat different. Whether as buyers or as sellers, consumers are rarely their own best advocates in a negotiation. Buyers usually pay less, and sellers get more, when they have a knowledgeable real estate agent representing them

Albany, NY - February 21, 2014 - (RealEstateRama) -- The New York State housing market started 2014 on solid footing with closed and pending sales falling minimally from the significant gains posted in January 2013, according to the housing market report released today by the New York State Association of REALTORS. The statewide median sales price continued to grow as it did throughout 2013, posting a 10.1-percent increase compared to last January

New York, NY - February 20, 2014 - (RealEstateRama) -- U.S. Senator Charles E. Schumer today announced that he is pushing to secure $36 million in federal funding to construct a series of off-shore breakwaters and a living shoreline along the coast of Conference House Park that will reduce the risk of damage to homes and infrastructure along the South Shore of Staten Island during major coastal storms. When Superstorm Sandy hit the South Shore of Staten Island in October 2012, lives were lost and thousands of homes were destroyed, which underscores the need for measures to prevent flooding and damage during future storms. The funding for this project would come from

Albany, NY - February 20, 2014 - (RealEstateRama) -- Governor Andrew M. Cuomo today detailed his proposal to cut taxes for residents and businesses during a visit to Nassau Community College in Nassau County. As part of the Governor’s 2014-15 Executive Budget, the proposal continues the fiscal discipline of the past three years by holding spending increases to below two percent, while also reducing taxes by more than $2 billion by 2016-17

NEW YORK - February 18, 2014 - (RealEstateRama) -- In its latest Household Debt and Credit Report, the Federal Reserve Bank of New York announced that outstanding household debt increased $241 billion from the previous quarter, the largest quarter over quarter increase since the third quarter of 2007. The increase was led primarily by a 1.9 percent increase in mortgage debt ($152 billion). In Q4 2013 total household indebtedness increased to $11.52 trillion; 2.1 percent higher than the previous quarter. Overall household debt remains 9.1 percent below the peak of $12.68 trillion in Q3 2008. The report is based on data from the New York Fed’s Consumer Credit Panel, a nationally representative sample drawn from anonymized Equifax credit data.

Washington, DC - February 3, 2014 - (RealEstateRama) -- U.S. Senator Kirsten Gillibrand announced that today, the U.S. Senate passed the bipartisan Homeowner Flood Insurance Affordability Act that she has co-sponsored to delay the most aggressive rate increases and fix major flaws in the Biggert-Waters Flood Insurance Reform law to make the National Flood Insurance Program affordable, accessible and self-sustainable. The bill, which also includes Gillibrand’s amendment that will help thousands of New York City homeowners whose homes are impossible to elevate reduce their flood risk and lower flood insurance rates, now heads to the House for a vote.

WASHINGTON, D.C. - January 30, 2014 - (RealEstateRama) -- Congresswoman Nita Lowey (D-Westchester/Rockland), the senior Democrat on the House Appropriations Committee, opposed the Farm Bill considered by the House earlier today because it would disproportionately impact New Yorkers, reducing nutritional assistance benefits $90 per month for approximately 12,530 households in Westchester and Rockland Counties and 300,000 statewide

New York, NY - January 22, 2014 - (RealEstateRama) -- The New York City Department of Housing Preservation and Development (HPD), the New York City Housing and Development Corporation (HDC) and Preservation Development Partners announce the $41 million acquisition and financing for the rehabilitation of Albert Goodman Plaza, a four-building 252-unit complex in the Bronx. The property, which had fallen into disrepair under its previous owner, was acquired by Preservation Development Partners, a joint venture of developers Francine Kellman, Brian Raddock, Donald Capoccia, Joseph Ferrara, and Brandon Baron.

New York, NY - January 17, 2013 - (RealEstateRama) -- Warburg Realty®, one of Manhattan’s leading residential real estate companies, has announced its top 10 brokers for 2013. Wendy Greenbaum was the firm’s top agent, followed by Richard Steinberg and Jay Glazer.

New York, NY - January 15, 2013 - (RealEstateRama) -- Today, U.S. Senator Charles E. Schumer announced that, after his push, the FY2014 Appropriations Bill will increase federal funding for the Low Income Home Energy Assistance Program (LIHEAP) to $3.4 billion, up $169 million from FY2013. In light of record low temperatures and extreme weather throughout Upstate New York last week, Schumer called on appropriators to increase funding for LIHEAP this year.

WASHINGTON, D.C. - January 10, 2013 - (RealEstateRama) -- Gov. Andrew Cuomo delivered his fourth State of the State address on Wednesday, January 8, 2014. Included in his speech were several proposals important to New York State’s REALTORS including

New York, NY - January 8, 2013 - (RealEstateRama) -- If you choose to live in America's most populated city, you have to be ready to fight for space. Apartments and homes rent at a premium, with NYC residents paying an average of $3,344 per month simply to stay in the city. If you're a real estate agent or broker in the Big Apple, you're probably familiar with the cutthroat world of apartment hunting, where residents often start looking far in advance of their move date and arrive at every unit viewing with documents in hand, ready to write a check on the spot

Country Club, Bronx, N.Y. - January 3, 2013 - (RealEstateRama) --In the wake of a major fireworks explosion Monday night in the Bronx, State Senate Co-Leader Jeff Klein (D-Bronx/Westchester) announced he will introduce legislation that would dramatically increase penalties for vandals who set-off fireworks explosions causing more than $1,000 in property damage or public panic. Assemblyman Michael Benedetto (D-Bronx) will sponsor the legislation in the Assembly

New York, NY - December 20, 2013 - (RealEstateRama) -- Warburg Realty®, one of Manhattan’s leading residential real estate companies, announced leading broker Wendy Greenbaum as the Top Sales Agent in 2013 at the firm’s annual holiday party this week. A broker in the firm’s 654 Madison Avenue office, she is one of the eight original shareholders of Ashforth Warburg Associates, Warburg’s predecessor corporation.

New York, NY - December 16, 2013 - (RealEstateRama) -- New York State Supreme Court Justice Melvin L. Schweitzer has issued two rulings in favor of landlord Getty Properties Corp. in a gas station holdover dispute, holding the defendants in criminal and civil contempt. Defendants in the case consist of 19 limited liability companies (the LLCs), Robert Del Gadio, who is the principal of, and the attorney for, the LLCs, and Frank Mascolo. The landlord was represented in the proceedings by Rosenberg & Estis, P.C. founding partner Warren A. Estis and partner Howard W. Kingsley.

New York - December 13, 2013 - (RealEstateRama) -- Warburg Realty®, one of Manhattan’s leading residential real estate companies, today announced Judy Bauer and Amy Fromer have joined the firm. A licensed real estate broker, Judy has an extensive background in real estate.

BUFFALO - December 13, 2013 - (RealEstateRama) -- Attorney General Eric T. Schneiderman announced today that he is providing nearly $2.2 million for a two-pronged expansion of the highly-successful Buffalo Green and Healthy Homes Initiative (BGGHI), a program that has already helped more than 200 of Buffalo’s neediest families lower their energy bills and eliminate serious home health and safety hazards in older

New York, NY - December 10, 2013 - (RealEstateRama) -- Nassau County Executive Edward P. Mangano today officially opened Village Lofts, a 29-unit transit-oriented rental development in the Village of Hempstead. This new housing opportunities, located at 479 Front Street, contain 23 (80%) workforce housing units and 6 (20%) affordable housing units. Village Loft is one of several residential developments assisted by the Mangano administration. Other projects include Jefferson Plaza in Farmingdale (154 units – under construction), Landmark in Great Neck Plaza (93 units – now open), Mill Creek Residential in Mineola (311 units – under construction), Mineola Properties in Mineola (315 units – under construction) and MPA Owners in Westbury (6 units – under construction).

As developers hike prices for luxury apartments to take advantage of the now-desirable real estate along the High Line, janitors and doormen who work in the buildings that buttress the park are not sharing in the good times. A penthouse recently sold for $6.8 million in a building that Mick Jagger and Nicole Kidman call home while in other buildings one-bedrooms go for $1.6 million. Meanwhile workers make as little as $11 an hour and don’t have health care coverage. The workers want one New York for #AllofUs.

New York - November 26, 2013 - (RealEstateRama) -- Warburg Realty®, one of Manhattan’s leading residential real estate companies, has been named the exclusive New York area representative for Tamarind Hills in Antigua, a collection of luxury villas and condominiums within a beachfront resort on the island’s tranquil west coast. Camille Duvall-Hero, a leading broker at the firm, will market the properties.

NEW YORK, NY - November 26, 2013 - (RealEstateRama) -- David Shavolian, New York City real estate developer purchases a New York City residential building that saves the deed owner from a potential foreclosure and building from lethal health hazards.