Blog Page 150

NYC Economic Development Corporation Seeks Developer for Prime Site in Downtown Jamaica

New York City, September 24, 2007– New York City Economic Development Corporation (NYCEDC) issued a Request for Proposals for the sale and redevelopment of...

Akin Gump Expands New York Real Estate Practice

New York, NY,  September 13, 2007 -- Akin Gump Strauss Hauer & Feld LLP announced today that Jordan J. Metzger has joined the firm...

Cedar Shopping Centers Completes Purchase of Six Centers and Two Parcels in the Northeast

PORT WASHINGTON, N.Y., Oct. 8 /PRNewswire-FirstCall/ -- Cedar Shopping Centers, Inc. (NYSE: CDR), today announced that it has completed closings on the previously reported...

Lawrence Plotkin Joins Chadbourne & Parke as Real Estate Partner

Brings Broad Experience in Range of Commercial Real Estate Transactions NEW YORK, Oct. 8 /PRNewswire/ -- The international law firm of Chadbourne & Parke LLP...

CPC Resources And East Brooklyn Congregations Open 48 Affordable Rental Apartments In Brooklyn

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...

Mayor Bloomberg and Finance Commissioner Stark Announce 2007 $400 Property Tax Rebate Checks Are...

NEW YORK, NY, October 2, 2007 -- Mayor Michael R. Bloomberg and Finance Commissioner Martha E. Stark today announced that $400 property tax rebate...

Bankrate: Mortgage Rates Move Lower

NEW YORK, Oct. 4 /PRNewswire-FirstCall/ -- Fixed mortgage rates declined, with the average conforming 30-year fixed mortgage rate falling to 6.42 percent. According to...

Rep. Maloney Helps Award $400,000 For Astoria Senior Housing

Astoria, New York, September 25, 2007 – Yesterday afternoon, Representative Carolyn B. Maloney (NY-14) helped award a $400,000 affordable housing grant from the Federal Home...

Thelen Advises Seller on Two Tribeca Properties Valued at $57 Million

Sale caps 18-months of negotiations with various bidders and a litigation; contiguous parcels land Spanish buyer NEW YORK, Oct. 3 /PRNewswire/ -- In a package...

Thelen Closes $350 Million Purchase of New York’s 14 Penn Plaza

NEW YORK, Oct. 3 /PRNewswire/ -- Thelen's Real Estate and Corporate Finance teams assisted Circle Properties in the $350 million acquisition and financing of...

HUD announces nearly $2.5 million to New York State to help develop housing for...

NEW YORK, Sept. 20, 2007 – U.S. Housing and Urban Development’s Secretary Alphonso Jackson today announced $2,405,391 in Section 202 Demonstration Planning Grant (DPG) funds...

Llenroc Castle in Saratoga County, New York for Sale for $12.9 Million:

Cornell Alumnus' Sprawling Mega-Mansion Listed for Fraction of Rumored $32 Million Construction Cost; Features Breathtaking Mohawk River Frontage; Minutes from Saratoga Race Course, Adirondack...

The Markets May Be Rollercoastering, But Recruitment Accelerates at a Steady Clip

Turmoil may be causing ulcers for investors, but top recruiters WhiteRock Group see increased opportunity for job-seekers and hiring firms. NEW YORK, September 24, 2007...

Manhattan Residential Market Continues Trend of High Sales Volume, Declining Inventory, Rising Prices and...

Average Manhattan Condo Sales Price Reaches Record $1,638,798 3rd Quarter 2007 Prudential Douglas Elliman Manhattan Market Overview-Prepared by Radar Logic Inc.  NEW YORK, Oct. 2 /PRNewswire/...

NYS Housing Finance Agency Announces Program to Preserve State-Financed Mitchell Lama Projects

Owners to Receive Low Cost Financing to Upgrade Facilities; Agree to Keep Rents Affordable NEW YORK, N.Y., September 26, 2007 — The New York State...

Affordable Housing Projects Receive $45 Million In State Financing

NEW YORK, N.Y, September 21, 2007 -- Governor Eliot Spitzer today announced more than $45 million in financing for affordable housing projects in New York City,...

STAR Rebate Enrollment Campaign Launched in Nassau and Suffolk Counties

New York, September 24, 2007 -- Acting New York State Commissioner of Taxation and Finance Barbara G. Billet today announced that the Tax Department...

Real Estate Board of New York Launches New Search Engine Linking NYC Homebuyers to...

ResidentialNYC.com, The Ultimate Home Page Provides One-Stop Shopping, All the Tools and Information New York City Consumers Need NEW YORK, Sept. 27 /PRNewswire-USNewswire/ -- The...

“THE GREENING OF CO-OPS AND CONDOS”

The Federation of NY Housing Co-ops and Condos is presenting an important informative seminar on Tuesday, October 2nd, 2007 at the Atria Conference Center,...

NYCHA & HPD Name Developers to Build Affordable Housing Units on Manhattan’s West Side

400 units will target middle income New Yorkers in recently rezoned areas of West Chelsea and Hudson Yards New York, Sept. 26 -- New York City...

Commercial Defeasance Coordinates $800 Million Defeasance of General Motors Building in New York

NEW YORK, Sept. 26 /PRNewswire/ -- Just one month after opening an office in New York City, Commercial Defeasance, LLC coordinated the $800,000,000 defeasance...

US Businesses Conflicted About Adopting Climate Change Practices says Pillsbury Survey

NEW YORK, Sept. 25 /PRNewswire/ -- While U.S. businesses are concerned about compliance costs related to climate change legislation, those same companies still believe...

Chase Offers New Yorkers Legacy Lessons To Build Wealth through Homeownership

Chase, one of the nation's leading residential housing lenders, is wrapping up its national four-city tour of educational seminars designed to show African Americans...

New York housing market posts solid August

Albany, September 21, 2007 – Sales of existing single-family homes in New York state in August were up 8 percent compared to July, surpassing...

Affordable Housing for the Bronx Request for Proposals

The New York City Department of Housing Preservation and Development (HPD) and the New York City Housing Authority (NYCHA) are soliciting proposals to develop...

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Collins and New York State Leaders Praise Inclusion of NYS Property...

Congressman Chris Collins (NY-27) today hailed the inclusion of his amendment to the House passed American Health Care Act into the Senate version of the bill. The amendment, introduced with Congressman John Faso (NY-19), would require New York State to take over the county portion of Medicaid by 2020 and would provide the largest property tax reduction ever to Western New York.

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Rep. Zeldin Statement in Support of the Property Tax Reduction Act

Last night, Congressman Lee Zeldin (R, NY-1) addressed his colleagues in the House of Representatives in support of H.R. 1871, the Property Tax Reduction Act, which was introduced in the House by fellow New York Representatives, Congressman Chris Collins (R, NY-27) and Congressman John Faso (R, NY-19). The Property Tax Reduction Act would shift to the state level the local share of Medicaid costs currently paid by all New York counties outside of New York City