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Jones Lang LaSalle Completes 110,000-SF Lease for Eastgate Realty with Cerberus Capital Management at...
NEW YORK, NY - July 27, 2011 - (RealEstateRama) -- Jones Lang LaSalle has completed a new direct lease for building owner Eastgate Realty with Cerberus Capital Management LP at 875 Third Avenue. The private investment firm signed a 10-year lease for 110,000 square feet at the Class A, 720,000-square-foot office building.
Rosen Seymour Signs 44,851-SF Renewal at 757 Third Avenue in New York
NEW YORK, NY - July 27, 2011 - (RealEstateRama) -- Rosen Seymour Shapss Martin & Company LLP signed a 15-year renewal for 44,851 square feet at the Class A, 457,250-square-foot office building.
Jones Lang LaSalle Selected by Italian Trade Commission to Market, Sell 33 East 67th...
NEW YORK, NY - July 14, 2011 - (RealEstateRama) -- Jones Lang LaSalle has been selected by the Italian Trade Commission to market 33 East 67th Street, once known as the Hugh D. Auchincloss House. Constructed originally as a townhouse, the five-story mansion is located on the Upper East Side of Manhattan and serves as the home of the ITC.
CoreNet Global NYC Holds Panel on World Trade Center: 10 Years Later
New York, NY - July 13, 2011 - (RealEstateRama) -- The New York City Chapter of CoreNet Global, the leading professional association for corporate real estate and workplace executives serving multinational companies in the Fortune and Global 1000, will hold a panel discussion on July 28 entitled: World Trade Center: 10 Years Later, Progress and Momentum in Lower Manhattan.
Jones Lang LaSalle Reports Manhattan Office Market Recovery Continues to Pick Up Steam in...
NEW YORK, NY - July 7, 2011 - (RealEstateRama) -- Jones Lang LaSalle announced that overall average asking rental rates increased and overall vacancy rates decreased in every building class and every submarket of Manhattan's office market in the second quarter of 2011. Class A buildings in Midtown and Midtown South posted gains in rents while Class B product in both submarkets saw rates fall slightly.
184 KENT COMPLETES 8,000-SF LEASE TO RIVER SCHOOL
New York, NY - July 7, 2011 - (RealEstateRama) -- 184 Kent, the luxury residential rental that opened on Williamsburg’s waterfront one year ago, has recently secured a tenant for 8,000 square feet of ground floor retail space. The space was leased by The River School, a childcare and educational facility that will open at 184 Kent in 2012.
Jones Lang LaSalle Completes 18,050-SF Renewal, Expansion for Ownership with Integrated Media Solutions at...
NEW YORK, NY - July 6, 2011 - (RealEstateRama) -- Jones Lang LaSalle has completed a renewal and expansion totaling 18,050 square feet for 650 Fifth Avenue Co. with Integrated Media Solutions LCC at 650 Fifth Avenue. The direct response media and analytics firm signed a renewal transaction for 11,289 square feet and a lease expansion for 6,761 square feet at the Class A, 395,000-square-foot office building.
Jones Lang LaSalle Selected by RFR Realty as Co-Leasing Agent of 757 Third Avenue
NEW YORK, NY - June 29, 2011 - (RealEstateRama) -- Jones Lang LaSalle has been selected by RFR Realty LLC as co-leasing agent for 757 Third Avenue. The company will be responsible for assisting the building owner with leasing and marketing efforts at the 27-floor, 457,250-square-foot, Class A office building.
Jones Lang LaSalle Completes 16,350-SF Lease for GuardHill Financial at 140 East 45th Street...
NEW YORK, NY - June 27, 2011 - (RealEstateRama) -- Jones Lang LaSalle has completed a new direct lease for GuardHill Financial Corp. with Boston Properties Inc. at 140 East 45th Street, also known as 2 Grand Central Tower. The mortgage banker and brokerage firm signed at 10-year lease for 16,350 square feet at the Class A, 667,000-square-foot office building.
Jones Lang LaSalle Promotes Giles Wrench to International Director
NEW YORK, NY - June 21, 2011 - (RealEstateRama) -- Giles Wrench, who heads the international desk for Jones Lang LaSalle in New York, has been promoted to international director. He joins the firm’s select group of international directors who are recognized for delivering exceptional results for clients and driving the firm’s growth
Jones Lang LaSalle Advises Starr Hill Presents on Summer Music Festival at Bader Field...
NEW YORK, NY - June 17, 2011 - (RealEstateRama) -- Jones Lang LaSalle represented Starr Hill Presents, a sister company of Red Light Management, in arranging a summer music festival at Bader Field in Atlantic City. The three-day music festival is the first stop for the Dave Matthews Band Caravan and the event will take place from June 24 to June 26.
ROSENBERG & ESTIS, P.C. RECRUITS NEIL UNDERBERG, JOHN HADLOCK TO EXPAND LEGAL SERVICES FOR...
New York, NY - June 8, 2011 - (RealEstateRama) -- Underberg will continue to represent major developers and educational and charitable institutions in New York and throughout the country in the acquisition and assemblage of large tracts for the development of shopping centers, office buildings, hotels, and other commercial and educational projects.
Jones Lang LaSalle Completes Lease Extension for 660,000-SF Hunts Point Terminal Market with City...
NEW YORK, NY - June 8, 2011 - (RealEstateRama) -- Jones Lang LaSalle has completed a lease extension for Hunts Point Terminal Produce Cooperative Association Inc. with the City of New York. The world’s largest produce market inked a three-year lease extension for 660,000 square feet of warehouse space on 107 acres of land in the Bronx.
Ad-Rock Hosted Children’s Museum of the Arts Family Benefit & Concert on May 22
May 31, 2011 - (RealEstateRama) -- Adam "Ad-Rock" Horovitz of the Beastie Boys served as host and DJ for the Children's Museum of the Arts’ Family Benefit and Concert on Sunday, May 22, at Webster Hall, 125 East 11th Street, in Manhattan.
Corporate Occupiers Return to a Focus on Strategic Growth Opportunities, According to Jones Lang...
NEW YORK, May 26, 2011 — For the first time in nearly two years, corporate occupiers are moving away from short-term tactical real estate plays exclusively centered on delivering sizeable cost savings in favor of a strategic, long-term approach to growth, according to Jones Lang LaSalle’s First Quarter 2011 National Office Occupier Outlook. Though it is not yet widespread, an increase in office space demand was recorded in the first quarter in select market segments with particular concentrations of growth industries such as technology, energy and professional services.
Jones Lang LaSalle Hotels Closes $140M Sale of the Morgans and Royalton Hotels in...
NEW YORK, NY - May 24, 2011 - (RealEstateRama) -- On behalf of Morgans Hotel Group, Jones Lang LaSalle Hotels today announced the sale of the Morgans and Royalton Hotels in New York. FelCor Lodging Trust purchased the two hotels for $140 million. Leading the Jones Lang LaSalle Hotels team on this transaction was Executive Vice President Jeffrey Davis with Vice President Gilda Perez-Alvarado.
Jones Lang LaSalle Partners with Carbon Disclosure Project Cities Program to Cut Energy Waste...
CHICAGO, LONDON and SINGAPORE - May 16, 2011 - (RealEstateRama) -- Jones Lang LaSalle, a leading global real estate services firm, has been named a lead sponsor to the Carbon Disclosure Project (CDP) Cities program to improve environmental sustainability in the world’s largest cities, and thereby enhance their economic viability.
Jones Lang LaSalle Reports Long Island Office Market Demonstrated Signs of Recovery in First...
MELVILLE, NY - May 3, 2011 - (RealEstateRama) -- Jones Lang LaSalle announced the Long Island office market demonstrated signs of recovery in the first quarter of 2011. The market’s improving fundamentals were led by Nassau County, which posted a considerable drop in vacancy rates and a slight increase in average asking rental rates in all property types. Suffolk County’s office market remained steady, with Class A properties recording a drop in vacancy rates and a minor increase in rents.
CIVIL COURT JUDGE RULES AGAINST TENANT CLAIMING RENT-STABILIZED APARTMENT WAS PRIMARY RESIDENCE
NEW YORK, NY - April 20, 2011 - (RealEstateRama) -- The owner of 27 East 62nd Street in Manhattan has prevailed in obtaining possession of a valuable rent stabilized apartment by establishing that the tenant primarily lived at his homes in Long Island and Florida. The case was decided by Judge Joseph Capella in a Housing Court case in the Civil Court of the City of New York.
AS BED BUG SEASON ARRIVES INDUSTRY EXPERTS ADDRESS NYC BED BUG REGULATIONS & DISCUSS...
April 18, 2011 - (RealEstateRama) -- As the warm weather arrives, bringing bed bug season with it, a group of industry experts will discuss New York City’s new bed bug regulations and the possibility of additional regulation for hotels and office buildings. The discussion will also address proposed standards and procedures for effective bed bug detection and prevention.
Jones Lang LaSalle Reports Slow Improvement to Fairfield County, Westchester County Office Markets in...
STAMFORD, CT, April 18, 2011 — Jones Lang LaSalle announced the Fairfield County, Conn., commercial office market continued to see slowly improving fundamentals in the first quarter of 2011. Although Westchester County recorded strong job growth in many areas this quarter, vacancy rates rose in many of the county’s submarkets. Fairfield County posted stagnant or falling average asking rental rates while Westchester County saw slight rate increases countywide
Jones Lang LaSalle Selected by KBS Realty Advisors to Lease 619 West 54th Street...
NEW YORK, NY - April 15, 2011 - (RealEstateRama) -- Jones Lang LaSalle has been selected by building owner KBS Realty Advisors Inc. as exclusive leasing agent for 619 West 54th Street. The company will be responsible for commercial leasing and marketing efforts at the Class A, 301,000-square-foot office building.
Jones Lang LaSalle Selected by Ownership to Lease 620 Avenue of the Americas
NEW YORK, NY - April 13, 2011 - (RealEstateRama) -- Jones Lang LaSalle has been selected by CF 620 Owner One LLC as exclusive leasing agent for 620 Avenue of the Americas, also known as 45 West 18th Street. The company will be responsible for commercial office leasing and marketing efforts at the Class A, 780,000-square-foot mixed-use building.
Jones Lang LaSalle Completes 50,000-SF Renewal for Gagosian Gallery at 980 Madison Avenue
NEW YORK, NY - April 13, 2011 - (RealEstateRama) -- Jones Lang LaSalle has completed a lease renewal for Gagosian Gallery at 980 Madison Avenue in Manhattan with RFR Realty LLC. The art gallery signed for slightly more than 50,000 square feet of space for 10 years at the 90,882-square-foot, Class A office building.
BED BUG DETECTION SERVICE LAUNCHES ‘CONTAINMENT INSPECTION PROGRAM’ FOR RESIDENTIAL PROPERTY OWNERS
NEW YORK, NY - March 29, 2011 - (RealEstateRama) -- Bed Bug Super Dogs, an independent, NESDCA-certified bed bug detection service for the real estate industry, has initiated a “Containment Inspection Program” for New York City residential property owners and managers, who now face increased regulations on the inspection and treatment of bed bugs.