Statistics show that Queens is the borough with the highest share of first-time foreclosures in 2012, and now Attorney General Eric Schneiderman has announced that his office plans to award $3 million in foreclosure prevention services to assist New Yorkers struggling with possible foreclosure. The grant includes $1.5 million for organizations serving New York City. [...]
With economies around the world foundering, the Queens housing market appears to be floating just fine. According to data from the Real Estate Board of New York (REBNY), Queens had the most home sales of any borough in the first quarter of this year with 2,919 – representing a 13 percent increase from last year. [...]
Some seniors may soon have an affordable place to call home. Officials from the New York City Department of Housing Preservation and Development (HPD), New York City Housing Development Corporation (HDC), New York City Housing Authority (NYCHA) and the MET Council celebrated the opening of Council Towers VI in Pomonok. Located at 71st Avenue between [...]
The city is aiming to restore the homeownership hopes of Queens residents hit hard by the foreclosure crisis. Deputy Mayor Robert Steel and New York City Department of Housing Preservation and Development (HPD) Commissioner Mathew Wambua joined Queens elected officials, as well as representatives from the U.S. Department of Housing and Urban Development (HUD) and [...]
