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New York City Fire Fatalities Rise 35% in 2017

While 2016 was the Big Apple’s safest year in terms of fire fatalities, 2017 experienced a 35% spike, increasing from 48 fire deaths to 73 in the year just concluded. The 2016 low corresponded with a decades-long trend than can be largely attributed to an increase in fire sprinkler system installations, as New York City regulations have consistently expanded requirements for sprinklers.

Maloney Announces Nearly $3 Million in Unused Federal Funding Going to Two Flood Mitigation...

Three years after he stood at Maple Avenue Park to announce that $11.5 million worth of unused Housing and Urban Development (HUD) Community Development Block Grant Disaster Relief (CDBG-DR) funding would remain available to Orange County for flood mit...

North Shore And Barrington Area Housing Market Steady

Fewer homes selling for fewer days at slightly higher prices has been the mantra for many areas in the housing market this year.  This trend continues in this area with slight variations. Housing data for November shows the number of new listings fell from the same period in 2016, while houses under contact rose at a similar rate, according to the North Shore-Barrington Association of REALTORS® (NSBAR).

Banks Partner to Award $16,000 to Fund Community Engagement Projects

Gulf Coast Bank and Trust and the Federal Home Loan Bank of Dallas (FHLB Dallas) presented $16,000 in Partnership Grant Program (PGP) funds to the Committee for a Better New Orleans (CBNO) to support two major initiatives

WEST VIRGINIA NURSING HOME OPERATOR TO PAY $123,680 IN BACK WAGES, DAMAGES AFTER U.S....

The U.S. Department of Labor and a West Virginia nursing home and rehabilitation company have reached an agreement to resolve alleged overtime violations of the federal Fair Labor Standards Act (FLSA).

The Boulder Group Arranges Sale of Single Tenant Net Leased Shopko

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Shopko property located at 320 South Access Road in Rice Lake, Wisconsin for $6,378,560.

Illinois home prices increase in November; Sales hold steady

Illinois home sales remained largely flat while the statewide median price shifted slightly higher in November as the market moved into the traditionally slower holiday season, according to Illinois REALTORS®

Lenox Broker Installed as 2018 President-Elect of the Massachusetts Association of Realtors®

Anne Meczywor, broker/associate at Roberts & Associates Realty Inc. in Lenox, was installed on December 7, 2017 as President-Elect of the 24,000-member Massachusetts Association of Realtors® (MAR) for 2018.  The event took place at Hotel 1620 in Plymouth, Mass. and included the installation of the MAR Board of Directors and Executive Committee. Meczywor’s term officially begins on January 1, 2018.

Medway’s Paul Yorkis to Serve on the Executive Committee of the Massachusetts Association of...

Paul Yorkis, President of Patriot Real Estate, Inc., will serve as Immediate Past President of the Massachusetts Association of Realtors® (MAR) in 2018. As the Immediate Past President of the Association, Yorkis will serve in an advisory capacity to the MAR president, act as an association spokesperson, and assist in the administration of the affairs of MAR between meetings of the MAR Board of Directors. 

The Boulder Group Arranges Sale of Net Lease ATI Physical Therapy Portfolio

The Boulder Group, a net leased investment brokerage firm, has completed the sale of two single tenant net leased ATI Physical Therapy property locations in Illinois for $3,400,000. The Addison location is an outparcel to a shopping center at the signa...

Governor Wolf Signs Legislation to Regulate Recovery Homes

Governor Tom Wolf today signed Senate Bill 446 to give the Pennsylvania Department of Drug and Alcohol Programs (DDAP) regulatory authority to license or certify recovery homes that receive public funds or referrals from state, county, or federal agenc...

Stivers Statement on the Conference Report of Tax Cuts and Jobs Act

The following can be attributed to Congressman Steve Stivers (R-OH) regarding the Conference Report of the Tax Cuts and Jobs Act: “During the Conference process, I have fought for what I know is important to the families in the 15th District

GOVERNOR CUOMO UNVEILS 6TH PROPOSAL OF THE 2018 STATE OF THE STATE: CONTINUE TO...

Governor Andrew M. Cuomo today unveiled the 6th proposal of the 2018 State of the State: the 2018 taxpayer savings plan to continue to combat New York's most burdensome tax - the local property tax.

Governor Cuomo Announces Completion of $56.6 Million Rehabilitation of 320 Affordable Housing Units in...

Project Preserves Affordability for 700 Residents at "Cedars of Chili" for 40 Years. Investment Complements 'Finger Lakes Forward' - Region's Successful Upstate Revitalization Initiatives to Grow Economy, Create New Opportunities

Second Phase of Major Renovation of the E. Henry Twiggs Estates in Springfield will...

MassHousing has provided $10.8 million in financing to the nonprofit developer Home City Development, Inc, to advance the second phase of the substantial rehabilitation of the 136-unit E. Henry Twiggs Estates in Springfield. The project will complete m...

QUIGLEY LEADS PRESS CONFERENCE WITH ILLINOIS ELECTION OFFICIALS ON REMAINING HACKING THREATS & WAYS...

U.S. Representative Mike Quigley (IL-05), who serves as a Member on the House Intelligence Committee, led a press conference with Illinois election officials on the need to harden our defenses against election hacking. Rep. Quigley was joined by the Illinois State Board of Elections, Cook County Clerk’s Office, the DuPage County Election Commission, and the Chicago Board of Election Commissioners. Click here to watch the press conference in its entirety.

Georgia Real Estate Investor Sentenced to 16 Months in Prison for Bid Rigging and...

A real estate investor was sentenced to serve 16 months in jail for his role in a bid rigging conspiracy and bank fraud scheme involving public foreclosure auctions in Georgia, the Department of Justice announced yesterday.

Cabinets To Go Expanding in Lawrenceburg

Tennessee Department of Economic and Community Development Commissioner Bob Rolfe and Cabinets To Go officials announced today that the Lawrenceburg-based company will expand its operations in Lawrence County. Cabinets To Go plans to invest $6.5 millio...

Mayor de Blasio and Speaker Mark-Viverito Announce Major Investments to Fill East Harlem Greenway...

Mayor Bill de Blasio and Speaker Melissa Mark-Viverito today announced a major investment to advance construction of a brand new section of the Greenway, between East 125th and East 132nd streets. This investment would close one of the last remaining g...

Attorney General Becerra Opposes Trump Administration’s Illegal Attempt to Suspend Clean Water Rule

Attorney General Xavier Becerra filed his strong opposition to the Trump Administration’s illegal attempt to suspend for two years the 2015 Clean Water Rule, which would protect California’s lakes, rivers, and streams from pollutants.

REP. JOHN RATCLIFFE VOTES TO ELIMINATE CFPB BURDENS ON COMMUNITY FINANCIAL INSTITUTIONS

Rep. John Ratcliffe (R-Texas) voted today for the passage of the Community Institution Mortgage Relief Act of 2017 (H.R. 3971) in the U.S. House of Representatives. This bill will reduce compliance costs for smaller community financial institutions by ...

Menendez Discusses Trump Tax Bill’s Devastating Effects on Homeowners, Housing Market with NJ Realtors

U.S. Senator Bob Menendez (D-N.J.), a senior member of the Senate Finance Committee, today held a conference call with NJ Realtors to explain the many problems with the Republican tax bill and the harmful impact it could have on New Jersey homeowners a...

HPD JOINS AAFE AND ENTERPRISE COMMUNITY PARTNERS TO PRESERVE HISTORIC AFFORDABLE BUILDING IN CHINATOWN

The New York City Department of Housing Preservation and Development, Asian Americans for Equality (AAFE), and Enterprise Community Loan Fund, Inc. (ECLF) today unveiled 81 Madison Street, a 20-unit building in Manhattan’s Chinatown neighborhood that was one of the first buildings to undergo HPD’s Green Housing Preservation Program, which provided financing for improvements to the non-profit-owned building

HPD ANNOUNCES THE AWARD OF $14.5 MILLION IN TAX CREDITS TO CREATE NEARLY 800...

The New York City Department of Housing Preservation and Development (HPD) Commissioner Maria Torres-Springer today announced the allocation of $14.5 million in housing credits for nine affordable housing developments in Brooklyn and the Bronx, creatin...

Louisiana Citizens Property Insurance Corporation Sees Continued Drop in Policy Count & Changes in...

The eleventh round of depopulation is underway for the Louisiana Citizens Property Insurance Corporation (Citizens) and Insurance Commissioner Jim Donelon points to the program’s ongoing success as a sign of the strength of the Louisiana homeowners insurance market

U.S. Attorney’s Office Charges Suburban Mortgage Brokers with Fraud for Allegedly Controlling Property Appraisals...

The U.S. Attorney’s Office in Chicago has charged two suburban mortgage brokers with fraudulently operating a purportedly independent appraisal management company to control property valuations, and brokering fraudulent loans to finance real estate transactions between themselves and nominees.

REP LIEU STATEMENT ON LACK OF RESPONSE FROM JARED KUSHNER ON QUESTIONS ABOUT NEW...

Congressman Ted W. Lieu (D-Los Angeles County) issued the following statement after Senior White House Advisor Jared Kushner failed to respond to a letter from Rep. Lieu and 12 Members of Congress about whether he has leveraged his position to acquire ...

Atlanta REALTORS® Releases November 2017 Statistics on Housing Market

Atlanta REALTORS® (ARA), the largest association of its kind in Georgia, released its November 2017 Market Brief on residential housing statistics for 11 area counties in metropolitan Atlanta. The Market Brief, compiled by First Multiple Listing Service (FMLS), provides the only regionally-focused synopsis of monthly sales and home prices for single family residential properties.

House Passes McCaul’s Landmark Cybersecurity Legislation

The House unanimously passed H.R. 3359, the Cybersecurity and Infrastructure Security Agency Act of 2017. This watershed legislation will streamline the current structure of the National Protection and Programs Directorate (NPPD) and re-designate it as...

Governor Cuomo Announces $11.4 Million for Supportive Housing for Older Adults, Youth and Families

Governor Andrew M. Cuomo today announced more than $11.4 million in state funding has been awarded to two supportive housing projects in Oneida County and one in Brooklyn. These three projects will create 103 units of emergency and permanent housing fo...

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New York City Fire Fatalities Rise 35% in 2017

While 2016 was the Big Apple’s safest year in terms of fire fatalities, 2017 experienced a 35% spike, increasing from 48 fire deaths to 73 in the year just concluded. The 2016 low corresponded with a decades-long trend than can be largely attributed to an increase in fire sprinkler system installations, as New York City regulations have consistently expanded requirements for sprinklers.