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Two Senior Managers of Failed Bear Stearns Hedge Funds Indicted Today in...

WASHINGTON – The Department of Justice and Federal Bureau of Investigation (FBI) announced today a national takedown of mortgage fraud schemes, the culmination of substantial coordinated efforts during...

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New York State Real Estate Board To Meet

ALBANY – (June 19, 2008) – The New York State Real Estate Board will hold a public hearing on general real estate issues on Wednesday, June 25, 2008 at 10:30 a.m. at Department of State, Division of...

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Real Estate Developer and Publisher Positive on NYC Market, Despite National...

New York – Mortimer Zuckerman, Real Estate tycoon, Chairman of Boston Properties and Publisher of The New York Daily News headlined the Real Estate Board of New York’s Members’ Luncheon on Monday, June...

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SEBCO redevelops the last of the large City-owned lots in the South Bronx

June 19, 2008 – Bronx, NY – A 105-unit affordable housing development at 870 Southern Boulevard now stands on the site of the last City-owned vacant lot in the Hunts Point section of the South Bronx....

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New Plan Unveiled for South Street Seaport Pier

A new vision for Pier 17 was unveiled this week by South Street Seaport owner General Growth Properties. The company announced its plans to demolish the three-story mall that currently occupies the...

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Governor Paterson Announces Agreement With Legislature On Comprehensive...

Governor David A. Paterson today announced an agreement with the Legislature to pass a critical subprime lending reform bill which will directly address the mortgage crisis in New York State by...

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New and Renovated Homes That “Go Green” Will Be Eligible for Grants

June 22, 2008 – Governor David A. Paterson today announced that the Legislature has agreed to pass one of his signature initiatives – legislation that will encourage the construction of new homes and...

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THOMPSON URGES CITY TO RECONSIDER “ILL-ADVISED DECISION” TO MOVE HOMELESS...

New York City Comptroller William C. Thompson, Jr. has called on the Department of Homeless Services (DHS) to reconsider its plan to move the City’s intake center for homeless men from the Bellevue...

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The New York State Consumer Protection Board and the New York State Builders...

‘Tis the season for home improvements, and the New York State Consumer Protection Board (CPB), with the help of professional advice from the New York State Builders Association (NYSBA), is announcing...

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Governor Paterson Announces $137 Million to Build and Preserve More Than...

Governor David A. Paterson today announced $137 million in funding awarded by the New York State Division of Housing and Community Renewal (DHCR) that will help build and preserve 6,415 units of...

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Coldwell Banker Commercial Agents Sign Desirable SoHo Property With...

NEW YORK – Amadeus Ehrhardt and Simon Bacon of Coldwell Banker Commercial Properties Unlimited signed an exclusive with a seller asking $4.99 million for a multi-family with retail space in the heart...

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New York housing market sales pace improves, median price holds

Albany – June 30, 2008 –Sales of existing single-family homes in New York State in May outpaced April by nearly 12 percent, with more than 80 percent of New York’s reporting counties seeing an increase...

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Affordable Workforce Housing on the Horizon in the Wawayanda

WAWAYANDA, N.Y.—June 30, 2008—A new dawn is coming to the horizon in Wawayanda, New York.  Construction is well under way on a new rental housing complex specially designed to help working people...

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Standard & Poor’s Affirms “AA” Issuer Credit Rating on New York City Housing...

New York, July 10, 2008. – Standard & Poor’s Ratings Service has affirmed its “AA/Stable” issuer credit rating on New York City Housing Development Corporation (NYCHDC). At the same time, Standard...

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MIDYEAR ROUNDUP: SL GREEN SIGNS NEARLY ONE MILLION SQ FT OF LEASES IN...

New York, NY – September 2, 2008 – (RealEstateRama) — SL Green Realty Corp. (NYSE:  SLG) signed a total of 103 lease agreements covering 975,578-square feet at various buildings in its 30-building...

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