Investing
THOMPSON AND NEW YORK CITY PENSION FUNDS ANNOUNCE EFFORT TO PROTECT AFFORDABLE HOUSING
February 28, 2008 Posted by New York RealEstateRama
New York City Comptroller William C. Thompson, Jr. and the New York City Pension Funds joined with other elected officials and housing advocates today to announce a real estate investment principle to allow the City to “opt out” of any future deals that could negatively impact opportunities to create or retain affordable housing.
BROADWAY PARTNERS ANNOUNCES 120,000 SF LEASE
February 7, 2008 Posted by New York RealEstateRama
Strong Leasing Momentum Continues at Midtown Manhattan Office Tower
New York, NY, February 6, 2008 - Broadway Partners, a national private real estate investment and management firm headquartered in New York, has inked an 11-year, 120,000-square-foot lease at 340 Madison Avenue. The lease transaction will bring Fortune 500 technology company SunGard to the property, which is […]
Governor Spitzer Proposes Historic Investment In Affordable Housing
January 14, 2008 Posted by New York RealEstateRama
$400 Million Housing Opportunity Fund Draws Praise from Advocates, Business Community
January 13, 2008 - Governor Eliot Spitzer today visited the Rheingold Houses in Bushwick, Brooklyn, to highlight steps his administration is taking to increase affordable and supportive housing throughout New York. Housing advocates, developers, community and business leaders applauded the Governor’s historic $400 million Housing […]
Hampshire Partners Fund VII Acquires Medical/Retail Building in Bronx, N.Y.
January 13, 2008 Posted by New York RealEstateRama
Bronx, N.Y. - January 10, 2008 - The Hampshire Companies, a full service, private real estate investment fund manager with equity in assets valued at over $1.5 billion, has announced the acquisition of a 59,100-square-foot medical/office building and a 21,000-square-foot retail building both located at 3250 Westchester Avenue in Bronx, N.Y. from Pelbay Associates, Inc. The […]
CUSHMAN & WAKEFIELD SONNENBLICK GOLDMAN ARRANGES FINANCING FOR BROOKLYN, NEW YORK OFFICE BUILDING
December 12, 2007 Posted by New York RealEstateRama
Wednesday, December 12, 2007 – New York, NY – Cushman & Wakefield Sonnenblick Goldman, as exclusive advisor to SL Green Realty Corp. and the City Investment Fund LP, has arranged first mortgage financing for 16 Court Street located in Brooklyn, New York. Anglo Irish Bank Corporation provided the $110.3 million LIBOR based facility.
MFA Mortgage Investments, Inc. Announces Public Offering of Common Stock
November 6, 2007 Posted by New York RealEstateRama
NEW YORK, Nov. 5 /PRNewswire-FirstCall/ — MFA Mortgage Investments, Inc. (NYSE: MFA) announced today it plans to make a public offering of 15,000,000 shares of its common stock. MFA has granted the underwriters a 30-day option to purchase up to an additional 2,250,000 shares of common stock to cover over-allotments. All of the shares are […]
Commitment by Fortune 400 Company Continues the Revitalization of Lower Manhattan
October 21, 2007 Posted by New York RealEstateRama
Governor Spitzer Announces World Trade Center Lease
October 16, 2007 – Governor Eliot Spitzer and Assembly Speaker Sheldon Silver today announced that NCR Corporation, a global technology solutions provider, will lease the 35th floor at 7 World Trade Center where it will locate executive offices, an executive briefing center and will serve as a base of operations […]
Thompson Announces Pension Fund Sponsored Affordable Housing For City Educators
October 9, 2007 Posted by New York RealEstateRama
New York, NY, October 4, 2007 — New York City Comptroller William C. Thompson, Jr. today announced an investment of more than $28 million on behalf of the Teachers’ Retirement System (TRS) of the City of New York to create affordable housing for educators in New York City schools.
CPC Resources And East Brooklyn Congregations Open 48 Affordable Rental Apartments In Brooklyn
October 6, 2007 Posted by New York RealEstateRama
Rents to Range from $723 to $1,007 per Month for Low-Income Families
Brooklyn, September 27, 2007 – City officials and community-based developers announced the completion today of six 4½-story apartment buildings that have been constructed on Malta Street and Alabama Avenue in East New York.
Arbor Realty Trust Amends Financing Facility
September 11, 2007 Posted by New York RealEstateRama
UNIONDALE, N.Y., Sept. 11 /PRNewswire-FirstCall/ — Arbor Realty Trust, Inc. (NYSE: ABR), a real estate investment trust focused on the business of investing in real estate related bridge and mezzanine loans, preferred and direct equity investments, mortgage-related securities and other real estate related assets, today announced that it has amended one of its financing facilities.