New York RealEstateRama
A.G. Schneiderman: Report On National Mortgage Settlement Shows Progress For NYS Homeowners
NEW YORK, NY - November 19, 2012 - (RealEstateRama) -- Following the release of the first official report on the implementation of the National Mortgage Settlement today, Attorney General Eric T. Schneiderman indicated that he was encouraged by its pro...
Schumer, Gillibrand Statement on GSA Green Light for Commercial Building Renovations
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 mil...
Mangano, Cuomo Announce FEMA Emergency Assistance for Homeowners
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...
BISHOP HAILS NEW FEMA PROGRAM TO HELP STORM AFFECTED RESIDENTS STAY IN THEIR HOMES...
New York, NY - November 15, 2012 - (RealEstateRama) -- New York State, Local and Tribal Governments can now apply for FEMA assistance that may enable families to remain in their storm-damaged homes while permanent repairs are completed, or return to th...
MAYOR MIKE SPANO ORDERS HOUSING & BUILDING PERMIT FEES TO BE WAIVED FOR SANDY...
YONKERS, NY - November 14, 2012 - (RealEstateRama) -- Yonkers Mayor Mike Spano today ordered the Department of Housing & Buildings to waive all permit fees directly relating to the repair of damage caused by Hurricane Sandy. The Mayor also announc...
MAYOR BLOOMBERG ANNOUNCES NEW PROGRAM TO REPAIR DAMAGED HOMES AND UPDATES NEW YORKERS ON...
New York, NY - November 12, 2012 - (RealEstateRama) -- "The first is getting emergency help to the people who need it the most. That's why over the past eight days, distribution sites we've established have provided nearly two million prepared meals, n...
Mangano: Insurance Claim Advice Related to Hurricane Sandy Property Damage at Cedar Creek Park
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 Ced...
MAYOR BLOOMBERG ANNOUNCES NEW TEMPORARY GUIDELINES TO SPEED HEATING OIL DELIVERIES AND BOILER REPAIRS...
New York, NY - November 9, 2012 - (RealEstateRama) -- Mayor Bloomberg today announced new temporary guidelines to speed heating oil deliveries and boiler repairs that will ensure New Yorkers can heat homes and businesses. As a result of Hurricane Sandy...
MAYOR BLOOMBERG AND AIRBNB ANNOUNCE NEW PLATFORM TO HELP VICTIMS OF HURRICANE SANDY WITH...
New York, NY - November 8, 2012 - (RealEstateRama) -- Mayor Michael R. Bloomberg and Airbnb today announced the launch of a new platform to help connect victims of Hurricane Sandy with free housing options. Airbnb is now providing a platform to connect...
Rep. McCarthy Announces Rental Assistance Increase for Hurricane Sandy Victims
GARDEN CITY, NY - November 8, 2012 - (RealEstateRama) -- Rep. Carolyn McCarthy (D-NY4) announced that the amount of temporary rental assistance for storm survivors in her district available through the Federal Emergency Management Agency (FEMA) is incr...
Governor Cuomo Announces Major State Banks and Mortgage Servicers Offering Relief for Home Mortgage...
Albany, NY - November 7, 2012 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced that several major state-chartered banks and mortgage servicers have agreed to offer relief for home mortgage borrowers in the areas affected by Storm Sandy, i...
Mangano Announces Nassau County Recovery Housing Task Force Initiative
November 6, 2012 - (RealEstateRama) -- Nassau County Executive Edward P. Mangano today announced the formation of the Nassau County Recovery Housing Task Force. This Task Force consists of commissioners and staff from the Department of Health, Social S...
Mangano Assistance To Homeowners Helps Turn On Power – Efforts Continue Today
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 ins...
A.G. Schneiderman Provides Guide To Property Owners As They Recover And Rebuild From Hurricane...
NEW YORK, NY - November 1, 2012 - (RealEstateRama) -- Attorney General Eric T. Schneiderman today issued a guide to New Yorkers recovering and rebuilding after Hurricane Sandy, including tips on how to avoid scams as they restore and rebuild their home...
A New Look at Housing Busts and Mobility
October 30, 2012 - (RealEstateRama) -- The study, “Housing Busts and Household Mobility: An Update,” supplements and confirms the authors’ 2010 research, which found that negative home equity reduces household mobility by 30 percent, while an add...
Governor Cuomo Announces PepsiCo to Modernize and Expand Its Worldwide Headquarters in Westchester, Retaining...
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 durat...
LIU STATEMENT ON US ATTORNEY’S MORTGAGE FRAUD LAWSUIT AGAINST BANK OF AMERICA
NEW YORK, NY - October 25, 2012 - (RealEstateRama) -- City Comptroller John C. Liu released the following statement on the $1 billion lawsuit filed by the U.S. Attorney in Manhattan against Bank of America (NYSE:BAC) for fraudulent mortgage practices:
CITY OF YONKERS, MUNICIPAL HOUSING AUTHORITY OF YONKERS AND THE COMMUNITY BUILDERS AWARDED $300,000...
YONKERS, NY - October 23, 2012 - (RealEstateRama) -- Mayor Mike Spano announced today the City along with the Municipal Housing Authority of Yonkers and The Community Builders have been awarded $300,000 by the U.S. Department of Housing and Urban Devel...
Opening Remarks at the Distressed Residential Real Estate: Dimensions, Impacts, and Remedies Conference
New York, NY - October 10, 2012 - (RealEstateRama) -- Good morning. I am Bill Dudley, president and CEO of the Federal Reserve Bank of New York. I would like to welcome you to today's conference titled "Distressed Residential Real Estate: Dimensions, I...
New York Fed Releases an Assessment of the Distressed Residential Real Estate Situation
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...
A.G. Schneiderman Sues JPMorgan For Fraudulent Residential Mortgage-backed Securities Issued By Bear Stearns
WASHINGTON, DC - October 2, 2012 - (RealEstateRama) -- In his role as co-chair of the Residential Mortgage-Backed Securities Working Group, Attorney General Eric T. Schneiderman today announced a Martin Act lawsuit against J.P. Morgan Securities LLC (f...
Bellone Announces Balanced Budget Under Property Tax Cap
Hauppauge, NY - September 24, 2012 - (RealEstateRama) -- Suffolk County Executive Steve Bellone announced his Recommended Budget for fiscal 2013 which is balanced, is under the NYS property tax cap, reigns in spending, freezes general fund taxes and do...
LIU, PENSION FUNDS SECURE FUTURE FOR DIEGO BEEKMAN HOUSES
NEW YORK, NY - September 21, 2012 - (RealEstateRama) -- Comptroller John C. Liu, on behalf of the New York City Employees’ Retirement System and the Police Pension Fund, announced today that the two Funds have invested $19 million in order to provide...
Governor Cuomo Authorizes Transfer of Tryon Boys and Girls Center to Fulton County IDA
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 Coun...
YONKERS IDA MOVES FORWARD WITH REVITALIZATION OF COTTAGE GARDENS: FIFTY NEW AFFORDABLE HOUSING APARTMENTS...
Yonkers, NY - September 20, 2012 - (RealEstateRama) -- The revitalization of the Cottage Gardens public housing complex took another step forward today, as the Yonkers Industrial Development Agency (YIDA) voted to move ahead with a plan to demolish two...
Mangano Delivers Third No-Property Tax Hike Budget
New York, NY - September 19, 2012 - (RealEstateRama) -- For the third year in a row, Nassau County Executive Edward P. Mangano delivered to the Legislature a No-Property Tax Increase Budget that reduces spending for a second consecutive year and contin...
LIU: HIGH RENTS HOLD CITY’S MIDDLE CLASS UNDER SIEGE
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. Unfortunatel...
MAYOR SPANO ENDS LONG-STANDING “GIVE AWAY” – SAVES YONKERS TAXPAYERS $300,000 PER YEAR WITH...
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...
Tenants and Elected Officials Demand New HCR Regulations, Call on Governor Cuomo to Lead...
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 prop...
Governor Cuomo Announces Agreement to Secure Final Property for Peace Bridge Plaza Improvement Project
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 thr...