Thompson: Law Limits City Revenue Potential In Property Tax Benefit Program
New York, NY - May 24, 2009 - (RealEstateRama) — New York City Comptroller William C. Thompson, Jr. today said ambiguity in State law has allowed millions of dollars to slip through the City’s fingers because of a methodology that allows properties to be assessed well after their renovations – when their values are higher.
SL Green Inks Midtown’s Largest Relocation Lease Year to Date
New York, NY - May 12, 2009 - (RealEstateRama) — SL Green Realty Corp. (NYSE: SLG) today announced that accounting firm Marcum & Kliegman LLP has signed a new 10-year lease covering 67,152 square feet at 750 Third Avenue. The transaction is the largest tenant relocation lease signed in Midtown Manhattan so far in 2009 and is a follow up to SL Green's recent new lease with Wells Fargo Trade Capital Services covering 57,000 square feet at 100 Park Avenue.
NYCOM Conference, Ribbon Cuttings and Equity Fund Forum Highlight Trip to Finger Lakes Region
Albany, NY - May 8, 2009 - (RealEstateRama) — Although her English is broken, Irene Bahiga spoke eloquently about the importance of affordable housing during a ribbon cutting ceremony to mark the opening of Olean Heights, 32 mixed income rental units in Rochester.
New Housing Trust Funding To Help Build Affordable Rental Housing in the Hard Communities...
Washington D.C. - May 7, 2009 - (RealEstateRama) — U.S. Senator Charles E. Schumer today applauded the historic investment made by the Obama Administration to help build new affordable housing stock in hard-hit communities by including $1 billion for the National Housing Trust Fund in the Administration’s Fiscal Year 2010 budget. Schumer, who co-authored the legislation that created the new trust fund, said this critical investment will help rebuild and revitalize low-income communities by providing funds for the construction of rental housing to extremely low-income families.
Grand Opening of Hello Living’s Newest Condominium Building on May 7 with Japanese Art...
Hello Living’s Newest Condominium Building opens on May 7 with Japanese Art Exhibition. Developer To Offer First Five Buyers $3000 Designer Discount. Brooklyn, NY - May 5, 2009 - (RealEstateRama) — On Thursday, May 7th, 2009, Triumph Property Group will open ISHI, an eight story, 36-unit loft-like, Asian-inspired condominium property. Located at 542 St. Marks Avenue in Prospect Heights, Brooklyn, the building is part of developer Eli Karp’s state-of-the-art Hello Living project. A grand-opening reception will take place at the building from 6:00pm to 10:00pm.
First Wall Street Group Signs Lease for 15,945-Sq-Ft, and Wells Fargo Trade Capital Expands...
New York, NY - April 23, 2009 - (RealEstateRama) — SL Green Realty Corp. (NYSE: SLG) announced today that First Wall Street Group LLC has signed a new15,945-square-foot seven-year lease covering the entire 20th floor at 100 Park Avenue, Grand Central's completely redeveloped ‘Modern Classic' soon to earn a Silver LEED certification.
Stone Source LLC Renews and Expands at 215 Park Avenue South
New York, NY - April 10, 2009 - (RealEstateRama) — SL Green Realty Corp. (NYSE: SLG) announced today that Stone Source LLC, long-standing tenant at 215 Park Avenue South, has renewed and expanded its headquarters lease at the 20-story property.
Ambassador Construction Company Renews Headquarters Lease at SL Green’s 317 Madison Avenue
New York, NY - April 7, 2009 - (RealEstateRama) — SL Green Realty Corp. (NYSE: SLG) today announced that Ambassador Construction Company, Inc. has renewed its lease covering 13,784 square feet on the 12th floor of 317 Madison Avenue.
Hampshire Partners Fund VII Acquires Two Buildings and Land in Hauppauge, N.Y.
Hauppauge, N.Y. - January 28, 2009 - (RealEstateRama) – The Hampshire Companies, a full service, private real estate investment fund manager with equity in assets valued at over $2 billion, has announced the acquisition of two buildings totaling 52,500 square feet situated on 1.98 acres in Hauppauge, N.Y. from Siemens Energy and Automation.
SL Green Inks Over 85,000 Square Feet in January 2009
NEW YORK, NY - January 27, 2009 - (RealEstateRama) – SL Green Realty Corp. (NYSE:SLG) today announced that an affiliate of Wells Fargo Bank, Wells Fargo Trade Capital, has signed a 10-year lease totaling 44,716 square feet at 100 Park Avenue.
Metro Commercial Inks 11,000 SF Auto Zone Deal in Nanuet, NY
The #1 auto parts retailer relocates to the prestigious Rockland Center Shopping Center
Fort Lee, NJ - January 22, 2009 - (RealEstateRama) – Metro Commercial announced today that it has brokered an 11,000 square foot lease for Auto Zone in the Rockland Center Shopping Center in Nanuet, New York.
Lighthouse Financial Group Expands into 17,000 Sq Ft at SL Green’s 420 Lexington Avenue
New York, NY - January 6, 2008 - (RealEstateRama) – SL Green Realty Corp. (NYSE: SLG) today announced that Lighthouse Financial Group has expanded by 12,000 square feet and simultaneously extended its term for a total commitment of 17,000 square feet at 420 Lexington Avenue (aka the Graybar Building) the 30-story 1.2-million square foot property that towers above Grand Central Terminal at Lexington Avenue and East 45th Street
NYS Housing Finance Agency Issues “Request for Proposals” for $64.5 Million in Grants to...
NEW YORK - December 17, 2008 - (RealEstateRama) – The New York State Housing Finance Agency (HFA) today issued a Request for Proposals to...
SL Green Venture Signs 1.3-Million-Square-Foot Headquarters Lease with Viacom at 1515 Broadway
New York, NY - November 11, 2008 - (RealEstateRama) – SL Green Realty Corp. (NYSE: SLG) today announced that Viacom International, Inc. has renewed...
SL Green Closes 26,000-sq. ft. Lease with Ion Media Networks, Inc. AT 810 Seventh...
New York, NY - October 30, 2008 - (RealEstateRama) — SL Green Realty Corp. is pleased to announce that Ion Media Networks, Inc. has signed a...
SL Green Inks Two Floor Lease with WURK Environments, LLC at 1515 Broadway
New York, NY - October 28, 2008 - (RealEstateRama) — SL Green Realty Corp. announced today that Wurk Environments,LLC, a provider of upscale professional...
SL Green Locks In 170,000sf of Midtown Manhattan Leases
New York, NY - October 28 2008 - (RealEstateRama) — SL Green Realty Corp. (NYSE: SLG) today announced four lease transactions totaling over 170,000 square...
Duane Reade Signs 5,500-Sq. Ft. Lease at SL Green’s 625 Madison
New York, NY - October 1, 2008 - (RealEstateRama) — SL Green Realty Corp. announced today that Duane Reade has signed a 15-year lease...
St. Philip’s on the Park Opens Renovated Plaza and Playground; Announces Completion of Apartment...
NEW YORK - September 26, 2008 - (RealEstateRama) — St. Philip’s on the Park, a 260-unit affordable multifamily rental apartment building located in central...
Capital One Bank to Offer NYCHA Residents Convenient In-Bank Rent Payment Option
September 23, 2008 - (RealEstateRama) — A new partnership between The New York City Housing Authority and Capital One Bank, N.A., will give residents...
SL Green Refinances Two Midtown Manhattan Properties
New York, NY - September 22, 2008 - (RealEstateRama) — SL Green Realty Corp. (NYSE: SLG) today announced the refinancing of two properties in two...
Five Wachovia Branches in Manhattan to Accept Monthly Rent Payments
September 23, 2008 - (RealEstateRama) — A new partnership between The New York City Housing Authority and Wachovia Bank, N.A. will give residents of...
MIDYEAR ROUNDUP: SL GREEN SIGNS NEARLY ONE MILLION SQ FT OF LEASES IN MANHATTAN...
New York, NY - September 2, 2008 - (RealEstateRama) — SL Green Realty Corp. (NYSE: SLG) signed a total of 103 lease agreements covering 975,578-square...
Affordable Senior Housing Complex Celebrated in Patchogue
Patchogue, NY - August 25, 2008 - (RealEstateRama) — Assistant DHCR Commissioner Greg Watson, director of the NYC Regional Office, attended a ribbon cutting...
Forest City Closes $167 Million Financing for Downtown Brooklyn Residential Building
BROOKLYN, NY - August 20, 2008 - (RealEstateRama) — Forest City Enterprises, Inc. (NYSE: FCEA and FCEB) announced today that it's New York-based subsidiary, Forest City...
