Yearly Archives: 2011

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.

Albany, NY - July 5, 2011 - (RealEstateRama) -- Governor Andrew M. Cuomo today traveled to Erie County to sign New York's first property tax cap. The tax cap, a hallmark of Governor Cuomo's campaign and a priority of his administration's first year, will finally deliver relief to millions of homeowners and business owners across the state who for too long have been burdened by out-of-control property taxes.

Throggs Neck, NY - July 5, 2011 - (RealEstateRama) -- Mario Costanz and Walter Sarmiento, Broker/Owners of RE/MAX Results in the Bronx, have announced that Joel Rivera has joined their team of licensed real estate professionals. A newly licensed sales associate, Mr. Rivera will draw upon his more than 10 years of experience in public service and business acumen to provide comprehensive real estate services to communities throughout the Bronx. RE/MAX Results, located at 3717 East Tremont Avenue in Throggs Neck, provides comprehensive real estate services to property buyers and sellers throughout the Bronx, Yonkers, Lower Westchester and New York City.

New York, NY - July 1 30, 2011 - (RealEstateRama) -- The Governor signed the law passed by the Senate on June 24, 2011, and sponsored by Senate Majority Leader Dean G. Skelos. The law caps school and local government taxes to less than two percent or the Consumer Price Index (CPI), whichever is lower. The new law also includes $127 million in mandate relief savings to local governments, in addition to the creation of a Mandate Relief Council to identify and repeal unsound, unduly burdensome laws and regulations

Albany, NY - July 1 30, 2011 - (RealEstateRama) -- Governor Andrew M. Cuomo today traveled to Westchester County to sign New York's first property tax cap. The tax cap, a hallmark of Governor Cuomo's campaign and a priority of his administration's first year, will finally deliver relief to millions of homeowners and business owners across the state who for too long have been burdened by out-of-control property taxes

EUGENE, OR - June 30, 2011 - (RealEstateRama) -- Albany, New York home seekers can now quickly and easily find their dream home online, thanks to the partnership between IDX, Inc. and real estate broker Vinod Pillai. The IDX solution now employed by Pillai syncs his search page and property listings to thousands of homes listed on the Capital Region MLS (CRMLS) database. Never before has it been so easy for New York home seekers to search for a property online. IDX Broker software has revolutionized the way listings are displayed and potential buyers search for real estate online.

New York, NY - June 30, 2011 - (RealEstateRama) -- Assembly Speaker Sheldon Silver and Housing Committee Chair Vito Lopez today announced passage of legislation to extend the rent laws and expand rent protections for tenants for the first time since 1993.

New York, NY - June 30, 2011 - (RealEstateRama) -- Assembly Speaker Sheldon Silver announced today the passage of the Affordable Housing Act (A.8518) that would provide relief for working families across the state by capping growth in local property tax levies at two percent. The legislation also includes significant mandate relief for local government and school districts.

June 30, 2011 - (RealEstateRama) -- The New York State Senate today passed historic property tax relief legislation that enacts a cap on the growth of local property taxes. The bill (S.5856), sponsored by Senate Majority Leader Dean G. Skelos, will cap school and local government taxes to less than two percent or the Consumer Price Index (CPI), whichever is lower. Mandate relief is also included, with $127 million in savings to local governments, in addition to the creation of a Mandate Relief Council to identify and repeal unsound, unduly burdensome laws and regulations

NEW YORK, NY - June 30, 2011 - (RealEstateRama) -- The Federal Reserve Bank of New York today was awarded recognition for best practices in efficient building management by the Building Owners and Managers Association (BOMA) at an event in Washington, D.C. The BOMA 360 Performance Building designation recognizes commercial properties that demonstrate best practices in all major areas of building operations and are managed to the highest standards of excellence. The award recognizes the New York Fed’s locations main headquarters in the Financial District and East Rutherford Operations Center (EROC) in East Rutherford, New Jersey.

New York, NY - June 29, 2011 - (RealEstateRama) -- Halstead Property Development Marketing today announced that more than 50% of the units are sold at 88 Morningside, the fastest selling new development in Harlem.

New York, NY - June 29, 2011 - (RealEstateRama) -- June 28, 2011 – Keller Williams NYC (www.kwnyc.com), the Manhattan franchise of leading real estate firm Keller Williams Realty Inc., has appointed Tuval Mor as a licensed salesperson.

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.

NEW YORK, NY - June 28, 2011 - (RealEstateRama) -- BFC Partners and Halstead Property Development Marketing today announced that 75 percent of the available homes at Toren, Brooklyn’s iconic new condominium tower, have been sold.

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.

Yonkers, NY - June 27, 2011 - (RealEstateRama) -- Mayor Philip A. Amicone, Chairman of the Yonkers Industrial Development Agency (IDA) joined Westchester County Executive Rob Astorino, city and county legislators and Ron Moelis the CEO of L+M Development Partners Inc. (L+M) for the ceremonial opening of 330 Riverdale, a brand new, multifamily housing development in Yonkers.

New York, NY - June 23, 2011 - (RealEstateRama) -- Keller Williams NYC (www.kwnyc.com), the Manhattan franchise of leading real estate firm Keller Williams Realty Inc., recently appointed Parish Pradhan as a licensed sales agent.

New York, NY - June 23, 2011 - (RealEstateRama) -- SL Green Realty Corp. (NYSE: SLG) today reported that its board of directors has declared a dividend of $0.10 per share of common stock for the quarter ending June 30, 2011. The dividend is payable on July 15, 2011 to shareholders of record at the close of business on June 30, 2011.

New York, NY - June 22, 2011 - (RealEstateRama) -- PREET BHARARA, the United States Attorney for the Southern District of New York, announced that ALEXANDER KAPLAN, formerly a Brooklyn-based real estate lawyer and the owner of a title insurance company, was sentenced on Friday, June 17, 2011, in Manhattan federal court to 46 months in prison by United States District Judge RICHARD J. HOLWELL for his role in a multimillion dollar mortgage fraud scheme. KAPLAN was convicted, on February 6, 2009, of eighteen counts of mortgage fraud after a two-week jury trial

NEW YORK, NY - June 22, 2011 - (RealEstateRama) -- Ekstein Development today announced the launch of leasing at Chelsea Muse, a new boutique rental building in the center of West Chelsea’s thriving art district and just steps away from the High Line.

NEW YORK, N.Y. - June 22, 2011 - (RealEstateRama) -- L+M Development Partners and Halstead Property Development Marketing today announced that Columbia Commons, a new residential development located at 110 Warren Street at the intersection of Cobble Hill and the Columbia Street Waterfront District, is sold out.

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

New York—June 21, 2011 – Keller Williams NYC (www.kwnyc.com), the Manhattan franchise of leading real estate firm Keller Williams Realty Inc., today announced the appointment of Hela Miodownik as Associate Broker. Miodownik was previously a vice president at Prudential Douglas Elliman. She has been a residential real estate broker in New York City since 1999. Among her current exclusive listings is a six-bedroom, six-bath townhouse on the Upper East Side on the market for $16.5 million

New York, NY - June 20, 2011 - (RealEstateRama) -- In an effort to help revitalize struggling communities throughout the state with high numbers of abandoned properties, Assembly Speaker Sheldon Silver, Local Government Committee Chair William Magnarelli, and Assembly Members Sam Hoyt and Donna Lupardo announced today the passage of legislation that would allow municipalities to create land banks.

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.