Brooklyn Navy Yard Receives High Performance Energy Efficiency Award from NYSERDA

New York, NY - February 13, 2013 - (RealEstateRama) -- The New York State Energy Research and Development Authority (NYSERDA) has awarded Brooklyn Navy Yard a High Performance Building Plaque for energy efficiency measures to the Brooklyn Navy Yard Center at Building 92 that will cut energy costs by $24,000 annually.

32BJ Applauds Governor on Campaign Finance Reform, Utility Regulation, Minimum Wage

ALBANY, NY - January 10, 2012 - (RealEstateRama) -- The President of 32BJ SEIU, the state’s largest private-sector union, said today that Governor Cuomo deserves credit for announcing his support for many important initiatives in his State-of-the-State speech, particularly the need for an increase in the minimum wage, and for campaign finance reform and greater regulation of public utilities. But 32BJ President Héctor Figueroa also urged the Governor to add the New York State DREAM Act to his list of priorities.

MAYOR BLOOMBERG AND SPEAKER QUINN JOIN RELATED COMPANIES AND OXFORD PROPERTIES GROUP TO BREAK...

New York, NY - December 4, 2012 - (RealEstateRama) -- Mayor Michael R. Bloomberg and City Council Speaker Christine Quinn today joined Related Companies Chairman Stephen M. Ross and OMERS Investment Committee Chair Bill Aziz to celebrate the start of construction at the Hudson Yards – a 26-acre site that was the single largest piece of undeveloped property in Manhattan now set to become the centerpiece of the historic expansion of midtown Manhattan’s central business district to the west side. Construction commenced today on the first tower, the 1.7 million-square-foot, 47-story South Tower – at the northeast corner of 10th Avenue and 30th Street – the future home of Coach Inc.’s world headquarters.

Standing with Hudson Valley Women Entrepreneurs, Gillibrand Calls for Federal Investment for Women’s Enterprise...

New Windsor, NY - October 26, 2012 - (RealEstateRama) -- Standing with Hudson Valley women entrepreneurs at OXYVITA, Inc., U.S. Senator Kirsten Gillibrand today called for targeted federal investment into the Women’s Enterprise Development Center (WEDC) through the Economic Development Administration.

A.G. Schneiderman Sues JPMorgan For Fraudulent Residential Mortgage-backed Securities Issued By Bear Stearns

WASHINGTON, DC - October 2, 2012 - (RealEstateRama) -- In his role as co-chair of the Residential Mortgage-Backed Securities Working Group, Attorney General Eric T. Schneiderman today announced a Martin Act lawsuit against J.P. Morgan Securities LLC (formerly known as Bear Stearns & Co. Inc.), JP Morgan Chase Bank, N.A., and EMC Mortgage LLC (formerly known as EMC Mortgage Corporation) for making fraudulent misrepresentations and omissions to promote the sale of residential mortgage­-backed securities (RMBS) to investors.

MAYOR BLOOMBERG DISCUSSES HOW KEY INVESTMENTS HAVE LED TO NEW MILESTONES FOR THE CITY’S...

New York, NY - July 23, 2012 - (RealEstateRama) -- “Even in the depths of the national recession, our City never stopped investing in our future. From creating new parks and pools to renovating old bridges and schools, we did not walk away from investments that are critical to the long-term health of the city. And now, we’re beginning to see more of those investments pay off. Last week, we reached two major milestones in our efforts to revitalize our waterfront, expand our transit system, and build unprecedented amounts of affordable housing.

ARIEL PROPERTY ADVISORS SELLS RETAIL PROPERTY FOR $3.4 MILLION

NEW YORK, NY - June 15, 2012 - (RealEstateRama) -- Ariel Property Advisors has sold a Central Harlem retail property leased by Citibank for $3.4 million. Exclusive agents Victor Sozio, Shimon Shkury, and Michael Tortorici handled the sale for a private owner. The property was sold to a private investment group that operates multiple retail locations throughout the country.

NYC MULTIFAMILY TRANSACTIONS JUMP 29 PERCENT IN APRIL

NEW YORK, NY - June 14, 2012 - (RealEstateRama) -- New York City multifamily transaction volume rose 29 percent in April 2012 compared to April 2011, but year-over-year dollar volume fell by 18 percent, according to Ariel Property Advisors’ Multifamily Month in Review: New York City.

NYC MULTIFAMILY SALES REMAIN STRONG IN MARCH

NEW YORK, NY - May 15, 2012 - (RealEstateRama) -- New York City multifamily sales remained strong in March, maintaining a healthy level of consistency from a very active February, according to Ariel Property Advisors’ Multifamily Month in Review: New York City.

ARIEL PROPERTY ADVISORS SELLS 70-UNIT, THREE-BUILDING PORTFOLIO FOR $8.9 MILLION

NEW YORK, NY - May 2, 2012 - (RealEstateRama) -- Ariel Property Advisors has announced the closing of three adjoining buildings at 546-52 West 146th Street in West Harlem for $8.9 million.

NYC MULTIFAMILY SALES JUMP 34 PERCENT IN FIRST QUARTER, ACCORDING TO ARIEL PROPERTY ADVISORS’...

NEW YORK, NY - April 17, 2012 - (RealEstateRama) -- New York City multifamily transactions jumped 34 percent in the first quarter of 2012 compared to the same period last year, and were up 11 percent compared to the fourth quarter of 2011, according to Ariel Property Advisors’ Multifamily Quarter in Review: New York City

NEW YORK CITY MULTIFAMILY SALES SURGE IN FEBRUARY, ACCORDING TO ARIEL PROPERTY ADVISORS’ REPORT

NEW YORK, NY - April 5, 2012 - (RealEstateRama) -- New York City multifamily sales activity surged in February 2012, far exceeding January’s lackluster figures and year-over-year comparisons, according to Ariel Property Advisors’ Multifamily Month in Review: New York City.

New York’s Blesso Properties Opens Luxury, Eco-Conscious Hotel in Panama City’s Casco Viejo

NEW YORK CITY, NY - April 4, 2012 - (RealEstateRama) -- Real estate development and investment firm Blesso Properties has formally opened its Tántalo Hotel/Kitchen/Roofbar, an innovative, eco-conscious boutique property in Panama City, Panama’s Casco Viejo district, reports Matthew Blesso, founder and chief executive officer.

ARIEL PROPERTY ADVISORS RELEASES THE BROOKLYN YEAR-END SALES REPORT 2011

NEW YORK, NY - March 30, 2012 - (RealEstateRama) -- March 30, 2012—Brooklyn saw 377 commercial real estate transactions in 2011 consisting of 562 properties and totaling approximately $1.8 Billion in gross consideration, according to the Brooklyn Year-End Sales Report 2011 released by Ariel Property Advisors.

Jones Lang LaSalle Expands National Investor Services Client Team with New York Hire

NEW YORK, NY - March 26, 2012 - (RealEstateRama) -- Jones Lang LaSalle has hired Mark Marasciullo as a Managing Director in New York. He will serve on the firm’s national investor client team — a group of established facilitators and relationship managers for Jones Lang LaSalle’s largest institutional investor clients.

ARIEL PROPERTY ADVISORS MARKETING NY METRO AREA NOTE PORTFOLIO

NEW YORK, NY - March 13, 2012 - (RealEstateRama) -- A financial institution has retained Ariel Property Advisors to sell its financial lien positions for nine investment properties in Manhattan, Brooklyn, the Bronx, and Long Island.

JANUARY MULTIFAMILY TRANSACTIONS UP, DOLLAR VOLUME FALLS,ACCORDING TO ARIEL PROPERTY ADVISORS’ REPORT

NEW YORK, NY - March 12, 2012 - (RealEstateRama) -- Multifamily transactions in New York City increased six percent in January 2012 compared to December 2011, but month-over-month dollar volume fell due to the absence of deals by institutional investors, according to Ariel Property Advisors’ Multifamily Month in Review: New York City.

hike in investment activity expected IN SECOND HALF to give strong FINISH to 2012

NEW YORK, NY - March 8, 2012 - (RealEstateRama) -- Despite the currently cautious mood in most global property investment markets, a stronger second half of the year is expected with a potential 20% hike in activity levels forecast, driven by increased confidence and a release of pent-up investor and tenant demand, according to Cushman & Wakefield’s latest research, the International Investment Atlas 2012, released today.

ARIEL PROPERTY ADVISORS RETAINED TO SELL QUEENS DEVELOPMENT SITE

NEW YORK, NY - March 6, 2012 - (RealEstateRama) -- Ariel Property Advisors has been retained to sell a vacant, six-parcel development site at 148-46 Hillside Avenue near the vibrant downtown Jamaica regional business district in Queens. The asking price is $5.75 million.

ALMANAC REALTY INVESTORS NAMES ANDREW SILBERSTEIN PARTNER

New York, NY - March 6, 2012 - (RealEstateRama) -- Almanac Realty Investors, a leading provider of growth capital to public and private real estate companies, announced that Andrew M. Silberstein has been named partner.

STRONG FUNDAMENTALS BACK UP STRONG INVESTMENT SALES IN NORTHERN MANHATTAN, ACCORDING TO ARIEL PROPERTY...

NEW YORK, NY - March 1, 2012 - (RealEstateRama) -- Strong fundamentals backed up strong investment sales in Northern Manhattan during 2011, according to Ariel Property Advisors’ Northern Manhattan Fundamentals Report, an overview of residential and retail markets that gives investors a better understanding of today’s revenue drivers affecting investment property values uptown.

Ariel Property Advisorys Retained to Sell Washington Heights Development Site

NEW YORK, NY - February 28, 2012 - (RealEstateRama) -- Ariel Property Advisors has been retained to sell a Washington Heights development site at 605 W. 161st Street near Columbia Presbyterian Hospital. The asking price is $3.15 million.

RadioShack Opens New Queens Store In Deal Negotiated by Sholom & Zuckerbrot

NEW YORK CITY, NY - February 9, 2012 - (RealEstateRama) -- RadioShack, one of the world’s largest consumer electronics retailers, has opened a new store in the Kew Gardens section of Queens, according to Frank Zuckerbrot, president of Sholom & Zuckerbrot, the managing and exclusive leasing agents for Hillside Plaza Shopping Center.

Private Real Estate Investment Manager Relocates Within Malkin Properties’ Trophy Portfolio to First Stamford...

STAMFORD, CT - February 9, 2012 - (RealEstateRama) -- Barrow Street Capital LLC will relocate its headquarters office to First Stamford Place from nearby Metro Center, reports Jeffrey H. Newman, executive vice president of Malkin Properties, the marketing and management agent for both buildings, which are adjacent to the Stamford Transportation Center.

Jones Lang LaSalle Secures 2 Office Leases for SL Green at 120 West 45th...

NEW YORK, , NY - January 18, 2012 - (RealEstateRama) -- Jones Lang LaSalle has completed two transactions totaling 25,274 square feet of office space for SL Green Realty Corp. at 120 West 45th Street, also known as Tower 45. DeVry College of New York signed a 10-year lease expansion and extension for 19,397 square feet. Horton Point LLC signed a new five-year lease for 5,877 square feet at the Class A, 397,188-square-foot office building.