New York RealEstateRama
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...
Governor Cuomo Announces Homeowners Will Not Have to Pay Hurricane Deductibles
Albany, NY - November 1, 2012 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced that New York homeowners will not have to pay potentially large hurricane deductibles on insurance claims stemming from damage caused by Monday’s storm.
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...
Standing with Hudson Valley Women Entrepreneurs, Gillibrand Calls for Federal Investment for Women’s Enterprise...
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 (WE...
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...
Welcome Home New York! Rochester A Success
New York, NY - October 1, 2012 - (RealEstateRama) -- On Saturday, September 15th, the State of New York Mortgage Agency - SONYMA, hosted its second "Welcome Home, New York" event for first-time homebuyers at Asbury First United Methodist Church in Down...
2012 RGB RENT INCREASES BEGIN GOING INTO EFFECT MONDAY; INCREASES DISPRAPORTIONATELY HIT THE...
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. Fo...
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...
