Press Releases

Press Releases
Flatiron

Flatiron Partnership Unveils Seventh Annual Flatiron: Where Then Meets Now Report Detailing Real Estate...

The Flatiron/23rd Street Partnership Business Improvement District (BID) today issued the seventh annual Flatiron: Where Then Meets Now report showcasing the significant development and growth of the commercial and residential sectors in the district.
Brookhaven Industrial Development Agency (IDA)

Brookhaven Industrial Development Agency Accepts Application For Incentives for New Supplier Of Road Striping...

Frederick C. Braun III, chairman of the Town of Brookhaven Industrial Development Agency (IDA), announced the agency accepted an application from a company that plans to build a plant to supply advanced road marking materials in Shirley.

New York Reaches Milestone in Clean Energy Commitment

The New York Public Service Commission (PSC) voted today to approve the first phase of the Value of Distributed Energy Resources order, reaching a milestone in New York’s long-term vision of a modern energy system that puts customer participation and clean energy at its center
Rite Aid - Manlius, NY

The Boulder Group Arranges Sale of Single Tenant Net Leased Rite Aid Property

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Rite Aid property located at 8230 Cazenovia Road in Manlius, New York for $3,800,000. The 12,795 square foot Rite Aid property is strategically positioned along Cazenovia Road which is a primary north-south thoroughfare in the trade area.

SUSAN STURMAN JENNINGS, ESQ., NAMED 2016 TOP COUNSEL, ATTORNEY OF THE YEAR

Conifer Realty, LLC is proud to announce that Susan Sturman Jennings, Esq., has been named one of 2016’s Top Counsel from The Daily Record.
Capital Pacific

Capital Pacific Sells Aspen Dental in Olean, New York

Capital Pacific, a leading retail investment brokerage firm, recently represented the seller of a 3,500 SF Aspen Dental located at 3018 NY Route 417 in Olean, NY. The property was sold for $1,647,058 to a California investor.

A.G. Schneiderman Announces $4 Million Pilot Program To Help Everyday New Yorkers Transform Nearby...

Attorney General Eric T. Schneiderman announced a new pilot program that will provide New York State land banks with $4 million in subsidies for everyday New Yorkers to take over individual, abandoned properties in their neighborhood – at little or no cost – and rehabilitate them into affordable rental housing. Created with affordable housing and community development nonprofit Enterprise Community Partners (Enterprise), the program requires the new housing units to remain affordable for at least 20 years

AFFORDABLE SENIOR HOUSING IN WEBSTER NOW LEASING

Conifer is pleased to announce that, in partnership with Volunteers of America Upstate New York (VOAUPNY), a brand new, 60-unit, senior apartment community is now leasing in Webster!

Brookhaven NY Industrial Development Agency Sponsors Meeting on Farmingville Revitalization

Brookhaven Industrial Development Agency Board Chairman Frederick C. Braun, III announced that the IDA will sponsor the July 22, 2016 meeting of the Long Island Business Development Council, at which developer and IDA board member Michael Kelly will discuss his plans for the Arboretum at Farmingville, a project that is expected to help revitalize the hamlet. He will be joined by Brookhaven Town Councilman Kevin LaValle and Michael Wenz, President of the Farmingville Hills Chamber of Commerce

NY City Fire Sprinkler Industry Lauds Near-Record Low Number of Fire Fatalities

The Mechanical Contractors Association (MCA) and Steamfitters Local 638 members, who install the fire suppression systems that have helped make New York City the safest big city in America, laud the near-record low in fire fatalities last year. In 2015, the FDNY responded to a record 1.7 million calls, yet reported just 59 fire fatalities—the second lowest number since the city began record keeping a century ago

FHLBNY Announces Results of 2015 Board of Director Elections

The Federal Home Loan Bank of New York (“FHLBNY”) announced today the results of the 2015 election for four positions on the FHLBNY’s Board of Directors whose terms will each commence on January 1, 2016. All four terms will run for four years, expiring on December 31, 2019

Real Estate Powerhouses Esther Muller and Faith Hope Consolo Join Forces to Coach, Mentor

Combining the cumulative expertise they have garnered through decades in the residential and commercial real estate industries, respectively, real estate powerhouses Esther Muller and Faith Hope Consolo have formed a strategic alliance to help business newcomers and seasoned veterans take their success to the next level. Together, Muller and Consolo are booking information-packed business-building sessions through the Academy for Coaching and Training (ACT), including speaking engagements, as well as individual mentoring sessions, tailored to the needs of attendees.

Westwood Financial Corp. Signs Dollar Tree at Albion Shopping Center in New York

Westwood Financial Corp. (WFC), one of the largest privately held owner-operators of grocery-anchored retail properties in the United States, has announced the opening of Dollar Tree at its Albion Shopping Center. Located in the Albion Village of western New York, this location marks the sixth Dollar Tree to open at a WFC-owned center

Gebroe-Hammer Associates Reports Jersey City’s Enduring Gentrification is Sustaining Multi-Family Investing

Jersey City, which often draws a close comparison to New York City’s most populous borough, is experiencing yet another wave of multi-family investment demand associated with its Hudson waterfront location and proximity to Manhattan, according to the brokerage professionals at Gebroe-Hammer Associates. Development is moving inland, tenants are migrating from New York City in search of a similar yet less expensive lifestyle and property appreciation is up approximately 7 percent in the past 12 months

Meridian Capital Group Arranges $10 Million in CMBS Financing for a Best Western Hotel...

The $10 million, 10-year CMBS loan was provided by Rialto Mortgage Finance LLC and features a fixed rate and interest-only payments for the first year. This transaction was negotiated by Meridian Managing Director, Tal Bar-Or, Associate, Beau Williams, and Vice President, Judah Neuman, who are all based in the company’s New York City headquarters

HUNT Real Estate ERA Deploys Marketing Automation

One of America’s oldest and most prestigious real estate brands, HUNT Real Estate ERA, has launched the real estate industry’s hottest new technology – marketing automation – a move that will “shave years” off the total time its more than 1,000 agents typically spend marketing listings annually.

Agorafy Launches Official Mobile App for NYC Real Estate

Agorafy, New York City’s new digital home for the real estate industry, has released its official Agorafy New York Real Estate App. The Agorafy New York Real Estate App is now available for free download on iOS and Android devices at the App Store and Google Play.

NY RISING COMMUNITY RECONSTRUCTION PLAN FOR GRAVESEND/BENSONHURST RECEIVES RISING TO THE TOP AWARD FOR...

Perkins Eastman and affiliate BFJ Planning are proud to announce that Governor Andrew Cuomo’s Office of Storm Recovery (GOSR) has awarded the NY Rising to the Top Award for “Best Inclusion of Vulnerable Populations” to the NY Rising Community Reconstruction (NYRCR) Plan for Gravesend and Bensonhurst, which was completed by the Perkins Eastman/BFJ team last January. The award secures $1 million in additional funding to implement community-specific recovery efforts in the two South Brooklyn communities.

Rose Secures Financing for the Development of 7 West 21st Street

Rose Associates announced today that it has closed a $182 million loan funded by the issuance of bonds provided by the New York State Housing Finance Agency for the development of a new luxury rental property in Manhattan. The bonds were purchased by Wells Fargo, M&T Bank, and TD Bank. The loan will facilitate the construction of 7 West 21st Street, an 80/20 development led by New York City-based Friedland Properties

Next Generation of NYC Steamfitters Graduates Five-Year Apprenticeship Training Program

The 8,000 member Steamfitters Local 638, which performs pipefitting and fire protection work throughout the five boroughs of New York City, Nassau and Suffolk counties, will graduate 20 steamfitters from its rigorous five-year apprenticeship program on Thursday, June 11 starting at 5:30 p.m. at Terrace on the Park at 52-11 111th St., Flushing, NY 11368

American Realty Capital Hospitality Trust Announces Agreement to Acquire Portfolio of 26 Hotels from...

Including Previously Announced Wheelock Transaction, Purchase Increases ARC Hospitality’s Pro Forma Lodging Portfolio to 153 Hotels Totaling 18,280 Rooms in 33 States

REALTOR Lobby Day will bring push for tax cap extension

REALTORS from across New York State will travel to Albany on Tuesday, June 9, to show their support for an extension of the state’s successful property tax cap, which has helped make homeownership more affordable for both new and long-time New York homeowners.

FIRST EVER SHELTER ISLAND COMPREHENSIVE GUIDE PRESENTS THRIVING LIFESTYLE, EXTENSIVE RESOURCES

Located only 100 miles from Manhattan, nestled between Long Island’s North and South Forks, Shelter Island is an oasis of tranquility that until now has remained a mystery to most New Yorkers and the world at large. With the publication of the Shelter Island Comprehensive Guide, the first time a complete guide book has ever been created for Shelter Island, broker Melina Wein, founder of M. Wein Realty, unveils a unique year-round community just a ten minute ferry ride beyond the world-famous Hamptons and the pastoral northern wine country, where many of the best attributes of both are enjoyed in abundance.

Senate Passes Measure Providing Greater Property Tax Relief for Seniors

The New York State Senate today passed legislation (S1074), sponsored by Senator Martin J. Golden (R-C-I, Brooklyn), that would increase the maximum income eligibility levels for real property tax exemptions for seniors for the first time since 1994. This measure would allow more senior citizens to receive increased relief from their local real property taxes.

PROPERTY FROM A DISTINGUISHED NEW YORK COLLECTION

Christie’s is delighted to present the Property From A Distinguished New York Collection, a harmonious and elegant ensemble of major canvases from Post-War masters including Rothko, de Kooning, Brice Marden and Cy Twombly, assembled with exquisite furniture and objects by oustanding designers of the 20th century, such as Eugène Printz, Jean Royère , Paul Dupré-Lafon and George Nakashima.

Popular Government & Nonprofit Press Releases

Governor Cuomo Announces $11.4 Million for Supportive Housing for Older Adults,...

Governor Andrew M. Cuomo today announced more than $11.4 million in state funding has been awarded to two supportive housing projects in Oneida County and one in Brooklyn. These three projects will create 103 units of emergency and permanent housing for homeless older adults, youth, families and individuals with mental illness, with funding from the New York State Office of Temporary and Disability Assistance's Homeless Housing and Assistance Program

Recent Government & Nonprofit Press Releases

Governor Cuomo Announces $11.4 Million for Supportive Housing for Older Adults,...

Governor Andrew M. Cuomo today announced more than $11.4 million in state funding has been awarded to two supportive housing projects in Oneida County and one in Brooklyn. These three projects will create 103 units of emergency and permanent housing for homeless older adults, youth, families and individuals with mental illness, with funding from the New York State Office of Temporary and Disability Assistance's Homeless Housing and Assistance Program