Articles Archive for 2 January 2013
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A hoped-for $60 billion federal aid bill that included relief funds for New York and New Jersey residents affected by October’s Superstorm Sandy was left on the floor by U.S. House of Representatives Wednesday.
A number of leaders of New York’s real estate industry had called on congress to pass the bill.
“That Congress has been unwilling or unable to pass the Sandy aid package and provide constituents of the damaged areas with the funds required to rebuild their lives is beyond deplorable” Joe Sitt, CEO of Thor Equities, said in a statement Wednesday.