New Jersey REALTORS® Applaud Appointment of Christina Clemans to State Housing Commission
Edison, NJ - May 6, 2009 - (RealEstateRama) — The New Jersey Association of REALTORS® (NJAR®) applaud Monday's confirmation of Christina P. Clemans to the State Housing Commission by New Jersey Senate.
Justice Department Obtains $200,000 in Housing Discrimination Settlement with Lakewood, New Jersey, Apartment Complex
Washington, DC - April 30, 2009 - (RealEstateRama) — The Department announced an agreement with the owners, a manager and a former manager of Cottage Manor Apartments in Lakewood, N.J., to settle allegations of discrimination on the basis of religion, national origin and race. Under the settlement, which must be approved by the U.S. District Court in New Jersey, the defendants must pay a total of $170,000 to identified victims of discrimination and an additional $30,000 to the government as a civil penalty.
Defendants Accused of Making False Promises to Gain Houses at Discounts
TRENTON, NJ - April 27, 2009 - (RealEstateRama) — Attorney General Anne Milgram announced today the filing of a lawsuit charging three individuals and two...
Lautenberg Announces More Than $27 Million in Employment, Housing, Education Funds
WASHINGTON, DC - April 27, 2009 - (RealEstateRama) — Sen. Frank R. Lautenberg (D-NJ) today announced New Jersey will receive more than $27 million in federal funding to put people back to work, reduce poverty, revitalize low-income communities and improve self-sustainability for low-income families.
Has the New Jersey Commercial Real Estate Maket Finally Hit Bottom?
Parsippany, NJ - April 23, 2009 - (RealEstateRama) — Although the New Jersey commercial real estate market showed signs in the first quarter of 2009 of being at or near bottom, a large inventory of shadow space has the potential to hit the market later this year, which would further increase availability rates and decrease asking rents, according to data released by FirstService Williams, formerly GVA Williams, in its first quarter 2009 market report.
Attention Architects, Planners, Builders and Electrical Professionals: Earn Continuing Educational Credits at the Atlantic...
Robbinsville, NJ - April 15, 2009 - (RealEstateRama) — The Atlantic Builders Convention (ABC) – the Northeast’s largest building industry tradeshow – offers various designations and continuing education credits for builders, planners, architects and electrical professionals. Credits can be earned April 21-24, 2009 during the ABC which takes place at the Atlantic City Convention Center in Atlantic City, NJ.
60th Annual Atlantic Builders Convention Draws 10,000 Attendees, 600 Exhibits, Industry Experts to...
Robbinsville, NJ - April 14, 2009 - (RealEstateRama) — The Atlantic Builders Convention (ABC) – the Northeast’s largest building industry trade show – convenes April 22-24, 2009 in Atlantic City, NJ at the Atlantic City Convention Center. The 60th annual event hosted by the New Jersey Builders Association is expected to attract 10,000 attendees and 600 exhibits, along with a distinguished list of guests and presenters for a variety of educational and informational programs, demonstration clinics, celebrations, events and awards.
New Jersey REALTORS®: High Taxes on Real Estate Hurt New Jersey’s Bottom Line
Edison, NJ - April 7, 2009 - (RealEstateRama) — The New Jersey Association of REALTORS® (NJAR®) today said the significant downturn in realty transfer fee collections shows that high taxes on real estate have a detrimental impact on the state economy.
Improvement Authority Helps Lincoln Park Save Money
Morristown, NJ - April 06, 2009 - (RealEstateRama) — The Morris County Improvement Authority has used the county's AAA bond rating to help Lincoln Park save money and obtain a low interest rate on the borough's refinancing of bond anticipation notes.
NJAR® Kicks Off Spring Buying Season with Tax Credit Countdown
Edison, NJ - April 03, 2009 - (RealEstateRama) — With an $8,000 federal tax credit available to first-time home buyers and mortgage rates at 40-year lows, the New Jersey Association of REALTORS® (NJAR®) announced today the launch of a newly designed website, www.REALstoryNJ.com, featuring a countdown to the expiration of the federal first-time home buyer tax credit.
Jersey City Man Pleads Guilty In $573,000 Homestead Rebate Scam
TRENTON, NJ - March 31, 2009 - (RealEstateRama) — Attorney General Anne Milgram and Criminal Justice Director Deborah L. Gramiccioni announced that a Jersey City man pleaded guilty today to his role in a conspiracy involving his business partner and members of the partner’s family in which they stole $573,383 from the state by filing fraudulent applications for 745 Homestead Rebate checks.
NJBA Names Robert H. Karen the 2009 Legend of Housing
Robbinsville, NJ - March 26, 2009 - (RealEstateRama) — The New Jersey Builders Association (NJBA) announces that Robert H. “Bob” Karen has been named the 2009 Legend of Housing – the Association’s highest honor and most prestigious designation.
West Windsor Mayor Signs Redevelopment Legislation
West Windsor, N.J. - March 26, 2009 - (RealEstateRama) — Mayor Shing-Fu Hsueh signed into law the Redevelopment Ordinance that will modify the zoning for the 350-acres Redevelopment Area around the Princeton Junction at West Windsor train station.
Cryan Calls on Christie to Produce a Balanced Budget
TRENTON, NJ - March 20, 2009 - (RealEstateRama) — New Jersey Democratic Chair Joe Cryan today called on Republican Gubernatorial candidate Chris Christie to produce a budget in the wake of comments he made on WNYC’s The Brian Lehrer Show and his statement regarding the restoration of the property tax deduction.
NJAR® Educational Foundation to Present 39 Scholarships This Spring
Edison, NJ - March 16, 2009 - (RealEstateRama) — The New Jersey Association of REALTORS® Educational Foundation (NJAREF) will present 39 scholarships this year, ranging from $1,000 to $2,500 each. Applications will be accepted until April 6, 2009 from:
Lautenberg Announces Millions in New Funding for Housing in New Jersey
WASHINGTON, D.C. - March 18, 2009 - (RealEstateRama) — Today, Senator Frank R. Lautenberg (D-NJ) announced millions of dollars in new funding for New Jersey’s public housing authorities to rehabilitate and modernize public housing units in New Jersey. The capital improvement money was included in the American Recovery and Reinvestment Act signed into law by President Obama.
Mortgage broker bankruptcy hearing, creditors set
NEWARK, N.J. - March 18, 2009 - (RealEstateRama) — A federal bankruptcy court in New Jersey took two actions related to the U.S. Mortgage Corp. (known as CU National Mortgage) bankruptcy case: it appointed seven credit union representatives to an Unsecured Creditors' Committee and set a hearing date for May 11.
Attorney General Announces Three New Mortgage Fraud Complaints – Disbarred Lawyer, Son Sued for...
TRENTON, NJ - March 12, 2009 - (RealEstateRama) — Continuing the state’s attack on mortgage fraud, Attorney General Anne Milgram announced today the filing of three new fraud lawsuits charging a total of 14 individual and corporate defendants.
New Jersey REALTORS® Troubled by Point Pleasant Beach’s Parking Plan
Edison, NJ - March 3, 2009 - (RealEstateRama) — Reacting to Point Pleasant Beach's proposal to increase parking fees and restrict free parking permits for permanent and seasonal residents, New Jersey Association of REALTORS® (NJAR®) Executive Vice President Jarrod C. Grasso, RCE issued the following statement
Holt Announces Central NJ to Receive $2.8 Million For Community Development
Washington, DC - March 2, 2009 - (RealEstateRama) — U.S. Representative Rush Holt (NJ-12) today announced that Central New Jersey will receive $2.8 million in federal community development funding as part of the recently enacted American Recovery and Reinvestment Act.