RealEstateRama Authors Posts by RealEstateRama
Lautenberg Presses Obama Administration to Expand Housing Options for New Jersey Residents Displaced By...
NEWARK - November 12, 2012 - (RealEstateRama) -- U.S. Senator Frank R. Lautenberg wrote to President Obama expressing concern about the availability of housing options for New Jersey residents displaced by Hurricane Sandy. While the Federal Emergency Management Agency (FEMA) is providing rental assistance and temporary housing support to many of the thousands of residents forced into shelters and other facilities, those options remain limited. Lautenberg also specifically requested that the Administration explore housing options in Monmouth County, including facilities at Fort Monmouth, which could potentially house New Jersey residents
WASHINGTON, DC - November 5, 2012 - (RealEstateRama) -- As part of the administration’s continued support for states and local partners impacted by Hurricane Sandy, the Treasury Department and the Internal Revenue Service today announced that they will waive low-income housing tax credit rules that prohibit owners of low-income housing from providing housing to victims of Hurricane Sandy who do not qualify as low-income. The action will expand the availability of housing for disaster victims and their families.
Historic Pension and Tool Kit Reforms Bring Even Greater Savings to Property Taxpayers Trenton, NJ - October 17, 2012 - (RealEstateRama) -- Governor Chris Christie...
WASHINGTON, DC - September 26, 2012 - (RealEstateRama) -- U.S. Senators Robert Menendez and Frank R. Lautenberg, who fought for the more than $300 million in federal funding awarded to help New Jersey homeowners who lost their jobs avoid foreclosure, today called the continued failure by the State to effectively implement the HomeKeeper program “unconscionable.” In a third letter to the Director of the NJHMFA regarding their poor performance on behalf of homeowners, the Senators noted again that after two years – and increasing foreclosures -- the State is dead last in the nation in implementation and called for a series of immediate measures to improve results
NJAR® Good Neighbor Awards to Recognize REALTORS® EDISON, N.J. - July 13, 2012 - (RealEstateRama) -- The New Jersey Association of REALTORS® (NJAR®) is currently...
Senator Menendez Criticizes Federal Housing Finance Agency’s Decision Not to Allow Principal Reduction for...
WASHINGTON, DC - August 1, 2012 - (RealEstateRama) -- Senator Robert Menendez, Chairman of the Housing Subcommittee of the Senate Banking Committee, today criticized FHFA’s decision not to allow principal reduction for struggling homeowners under any circumstances. Senator Menendez has led the call for FHFA to fix its flawed study on principal reduction, spearheading a letter from 30 Senators to Acting Director Edward DeMarco. Click here for a PDF of the letter and here for a press release on the letter.
Washington, D.C. - July 2, 2012 - (RealEstateRama) -- U.S. Senators Barbara Boxer (D-CA), Bob Menendez (D-NJ) and Herb Kohl (D-WI) today sent a letter to Kim Garland, the CEO of mortgage insurer United Guaranty Corporation, urging him to reconsider the company’s policies that are limiting or preventing homeowners from being able to refinance at today’s record low rates
EAST RUTHERFORD, N.J. - April 27, 2012 - (RealEstateRama) -- With the exception of office leasing in Central New Jersey, the Garden State commercial market experienced a slow start to 2012, according to Cushman & Wakefield, Inc. The commercial real estate services firm’s first quarter office and industrial research findings indicate that while tenant and investment activity remains modest, market fundamentals are steady and showing signs of slow improvement, according to Gualberto “Gil” Medina, New Jersey executive managing director.
EAST RUTHERFORD, N.J. - January 17, 2012 - (RealEstateRama) -- Has recovery finally taken hold? What commercial real estate opportunities and trends will play out in 2012? Those questions and more will be answered by a panel of experts at NAIOP New Jersey's Annual Meeting and Real Estate Forecast, slated for January 24 at the Sheraton Meadowlands, East Rutherford, N.J.
WYCKOFF, N.J. - November 2, 2011 - (RealEstateRama) -- Inserra Supermarkets, a leading owner/operator of 21 ShopRite supermarkets throughout New Jersey and New York State, is eager to bring the residents of Wyckoff, N.J., new choices when it comes to grocery and non-grocery items. The Mahwah, N.J., based family-owned company is pursuing plans for a 62,042-square-foot ShopRite redevelopment of a 7.6-acre site in the heart of the Township’s central business district.
Newark, N.J. - October 18, 2011 - (RealEstateRama) -- More than 150 building cleaners representing 7,000 cleaners from across the state converged upon the Hilton at Newark Penn Station on Tuesday morning as contract talks began between their union, 32BJ SEIU, and an association of cleaning contractors for office buildings. The union is negotiating with the contractors at a time when asking rents on office space are up in the state, to the benefit of the owners who pay the contractors. 32BJ is seeking to preserve good jobs for a stronger New Jersey economy.
October 10, 2011 - (RealEstateRama) -- Donna Bennett, a sales associate with the Holmdel office of Gloria Nilson, REALTORS®, Real Living, the preeminent high-end real estate brokerage in central New Jersey, has been named the 2011 Realtor-Associate of the Year by the Monmouth County Association of REALTORS® (MCAR). Serving more than 5,800 REALTORS® and REALTOR® associates, MCAR is one of the largest local associations in the tri-state area.