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Yearly Archives: 2011

Catskills property search made easy with IDX enabled website of New York agent Jennifer...

EUGENE, OR - May 9, 2011 - (RealEstateRama) -- Potential New York home buyers can now access a real estate website that gives them more control than ever before over their online property search, thanks to IDX, Inc. and Jennifer Grimes. The Catskills area of upstate New York is a real estate haven for Manhattan visitors and full-time residents. Finding a property that meets the needs of every home seeker has never been an easier task, thanks in large part to the IDX Broker software now integrated onto the website Grimes hosts. Online real estate searches have never been more accessible, efficient and effective than they now are on the New York realty resource Grimes and IDX, Inc. have come together to create.

SPONSOR REDUCES COMMON CHARGES AT APEX CONDOMINIUM IN HARLEM

New Program Lowers Average Monthly Charge On a 1-Bedroom Home to Approximately $572 NEW YORK, NY - May 6, 2011 - (RealEstateRama) -- The Sponsor of APEX Condominium has significantly lowered the monthly common charges at the new luxury building in Harlem.

With Support from NYSERDA, Fordham University Obtains LEED® Gold from U.S. Green Building Council

New York, NY - May 5, 2011 - (RealEstateRama) -- The New York State Energy Research and Development Authority (NYSERDA) today commended Fordham University for obtaining Leadership in Energy and Environmental Design® (LEED®) Gold designation from the U.S. Green Building Council.

FIRST RETAILER PREPARES TO OPEN IN GROUND-FLOOR SPACE AT ARIAS PARK SLOPE IN BROOKLYN

BROOKLYN, NY - May 5, 2011 - (RealEstateRama) -- FasTracKids will soon become the first retailer to open for business at Arias Park Slope as the early childhood learning center is gearing up for an anticipated July 1st grand opening at the new luxury rental building in Brooklyn’s Park Slope neighborhood.

HARLEM CONDO DEVELOPMENT, PS90, ANNOUNCES 70% OF UNITS ARE CLOSED OR IN CONTRACT

New York, NY - May 5, 2011 - (RealEstateRama) -- Halstead Property Development Marketing and West 147th Street Associates LLC today announced that more than 70% of the units are closed or under contract at PS90, a premier residential development in Harlem. Closings and move-ins initially began in September 2010 and have remained steady at PS90, which is located at 220 West 148th Street and where immediate occupancy is available.

Senate Acts to Make Roads Safer, Help Residents Obtain STAR Tax Benefits

New York, NY - May 4, 2011 - (RealEstateRama) -- The New York State Senate today passed 18 bills that covered a variety of topics including the strengthening of penalties and prohibitions for dangerous driving, as well as helping certain property owners receive the STAR tax exemption benefits for which they are eligible.

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.

Die Hard star Bruce Willis loses $310,000 on property in New York, USA

Singapore - May 3, 2011 - (RealEstateRama) -- The star of the 20th Century Fox series of Die Hard movies bought the apartment in 2007 for a reported US$4.26 million but apparently he was so keen to sell the apartment he accepted an offer of just US$3.95 million

MOMENTUM BUILDS FOR PREVIEW OPENING OF HIGHPOINTE AT WOODBURY JUNCTION IN ORANGE COUNTY, N.Y.

MONROE-WOODBURY, N.Y. - May 3, 2011 - (RealEstateRama) -- Upscale suburban living in one of Orange County’s most prominent new residential addresses is exactly what buyers will find at HighPointe at Woodbury Junction, a very exclusive collection of single-family homes rising within this established residential community in the Orange County Town of Central Valley As a result, anticipation is at a fever pitch for the impending preview opening of this limited offering of luxury homes which will occupy prominent view locations within the gated 450-residence Woodbury Junction community, according to its developer, HornRock Properties

SALES LAUNCH AT KIRKMAN LOFTS, NEW RESIDENTIAL DEVELOPMENT IN DUMBO

Circa 1915 Soap Factory Converted into New Condominium Development. New York, NY - May 2, 2011 - (RealEstateRama) -- Halstead Property Development Marketing today announced the launch of sales at Kirkman Lofts, a new residential condominium in DUMBO, Brooklyn.

Housing Commissioner Takes Office, Sets Priorities

April 28, 2011 - (RealEstateRama) -- Darryl C. Towns was officially named Commissioner/CEO of NYS Homes and Community Renewal (HCR) as his selection was approved by the boards of the State of New York Mortgage Agency (SONYMA) and the Housing Finance Agency (HFA).

HOME MORTGAGE LENDING PLUMMETS IN NYC NEIGHBORHOODS OF COLOR

New York, NY - April 28, 2011 - (RealEstateRama) -- Access to conventional refinance loans in New York City sharply declined in communities of color between 2008 and 2009, at the same time that it significantly increased in predominantly white neighborhoods, according to a report released today by NEDAP and six partner organizations across the U.S.

Latest Property Tax Data Makes Case for Cap

New York, NY - April 28, 2011 - (RealEstateRama) -- Senate Republicans today renewed their call for the Assembly to act on the Governor’s property tax cap legislation in light of new data showing New Yorkers pay the highest property taxes in the United States.

SCHUMER: HOMES FOR HEROES BEING HELD BACK FROM BUILDING HOMES FOR OUR VETERANS –...

New York, NY - April 27, 2011 - (RealEstateRama) -- Today, U.S. Senator Charles E. Schumer announced his push to aid Homes for Heroes as they seek to modify their current land lease agreement and secure a long-term land agreement that will improve their fundraising capability, allowing the group to provide new homes to even more of our disabled veterans. Currently, Homes for Heroes is in the middle of a short-term 5-year lease with the Health and Human Services Department that requires construction on homes for veterans to be completed after 3 years

REP. ENGEL ANNOUNCES HOUSING GRANT FOR GREYSTON HEALTH

Washington, DC - April 27, 2011 - (RealEstateRama) -- Congressman Eliot Engel announced the awarding of $1,365,890 grant from the U.S. Department of Housing and Urban Development for Greyston Health Services. The grant allows GHS to continue providing permanent housing and supportive services to the homeless and marginally homeless youth with HIV/AIDS in the Yonkers

MAYOR BLOOMBERG, SPEAKER QUINN AND HOUSING COMMISSIONER WAMBUA ANNOUNCE AGREEMENT TO IMPROVE LIVING CONDITIONS...

New York, NY - April 26, 2011 - (RealEstateRama) -- Mayor Michael R. Bloomberg, City Council Speaker Christine C. Quinn and Department of Housing Preservation and Development (HPD) Commissioner Mathew M. Wambua today announced an agreement that will improve what had become deplorable living conditions for the more than 1,000 residents of the former Milbank housing buildings in the Bronx

THE MARKETING DIRECTORS SWEEPS THE SALES AWARDS AT THE 2011 NJ SAM AWARDS

NEW YORK, N.Y. -- The Marketing Directors, Inc. were the winners of all three of the top sales categories awarded at the 2011 Sales and Marketing (SAM) Awards banquet held on Tuesday, April 5th in Atlantic City.

HARLEM’S BEACON TOWERS IS NOW 90% IN CONTRACT

New York, NY – April 25, 2011 – Beacon Towers and Halstead Property Development Marketing today announced that 90% of units are under contract at the new affordable cooperative development in Central Harlem

Cushman & Wakefield Sonnenblick Goldman Arranges Acquisition Financing for Two Manhattan Apartment Buildings

New York, NY - April 22, 2011 - (RealEstateRama) -- Cushman & Wakefield Sonnenblick Goldman has arranged acquisition loans for affiliates of Castellan Real Estate Partners to fund their purchases of 295 West 150th Street and 2108 Amsterdam Avenue in Manhattan. The loans were provided by a New York-based savings bank.

NYSERDA Announces Benchmarking Initiative to Help Commercial and Multifamily Building Owners Reduce Energy Use,...

New York, NY - April 22, 2011 - (RealEstateRama) -- The New York State Energy Research and Development Authority (NYSERDA) today launched a pilot to help the commercial building sector and multifamily buildings reduce their energy use, save on operating costs and cut greenhouse gas emissions.

LIU TO CITIGROUP: TIME TO CLEAN HOUSE ON MORTGAGE, FORECLOSURE POLICIES

NEW YORK, NY - April 22, 2011 - (RealEstateRama) -- Comptroller John C. Liu issued the following statement regarding the NYC Pension Funds’ proposal that the bank’s board of directors launch an independent audit of its mortgage and foreclosure practices. The proposal is on the agenda at Citigroup’s annual meeting in New York City tomorrow:

CUSHMAN & WAKEFIELD NAMED AGENT FOR WAYNE SOLAR CENTER

WAYNE, N.J. - April 21, 2011 - (RealEstateRama) -- Commercial real estate services firm Cushman & Wakefield, Inc. has been named leasing agent for the newly rebranded Wayne Solar Center office building at 1655 Valley Road in Wayne. The appointment follows the 157,000-square-foot property’s recent acquisition by New York-based APF Properties.

SALES LAUNCH AT THE GATEWAY TOWER, NEW CONDOMINIUMS ON FDB’S GOLD COAST

NEW YORK, NY - April 20, 2011 - (RealEstateRama) -- Halstead Property Development Marketing today announced the launch of the second phase of sales at The Gateway Tower (www.thegatewaytower.com), a luxury high-rise condominium located on Fredrick Douglass Boulevard’s “Gold Coast” in West Harlem.

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.

PUBLIC SCHOOL STUDENTS LIVING IN FORECLOSED BUILDINGS MORE LIKELY TO CHANGE SCHOOLS New research...

New York, NY - April 20, 2011 - (RealEstateRama) -- Much attention has been given to the recent foreclosure crisis, in particular to its causes and impacts on communities. Considerably less attention, however, has been given to the collateral costs on children, in particular on their educational experiences. As children around the country leave their homes due to foreclosures, we look at whether they leave their schools as well.