Yearly Archives: 2011

New York, NY - January 17, 2011 - (RealEstateRama) -- "The first of two bills before me today is Introductory Number 436-A, sponsored by Council Members Mendez, James, Brewer, Chin, Dromm, Lander, Mark-Viverito, Seabrook, Vann, Williams, Jackson, Rodriguez, Nelson, Arroyo, Rose, Lappin, Gennaro, Recchia, Fidler, Barron, Gardonick, Gonzalez, Greenfield, Koppell, Reyna, and Sanders. Introductory Number 436-A makes changes to the Alternative Enforcement Program.

New York, NY - January 13, 2011 - (RealEstateRama) -- Rose Associates, Inc. announced today that The Mount Sinai Medical Center’s Real Estate Division has named the firm exclusive managing agent of its residential staff housing portfolio. Rose will manage 25 apartment buildings for Mount Sinai, a portfolio comprised of more than 1,700 apartments and a total of 2 million square feet of space on the Upper East Side of Manhattan

BUFFALO, NY - January 13, 2011 - (RealEstateRama) -- Jones Lang LaSalle today announced it has closed the sale of the landmark corporate headquarters of HealthNow New York, Inc, the parent company of BlueCross BlueShield of Western New York for Duke Realty. Cole Real Estate Investments purchased the 430,458-square-foot, Class A office building located in Buffalo, New York. HealthNow will continue to lease the newly constructed LEED Silver Class A property through July 2024

New York, N.Y. – January 13, 2011 – BRP Companies today announced that Greene-Ville Gardens, an organic grocery store is now open on the ground floor of The Clermont, a high-end residential rental development located at 150 Clermont Avenue in Fort Greene, Brooklyn. Carousel Children’s Center, a daycare center, is also set to open soon.

New York, NY - January 12, 2011 - (RealEstateRama) -- PREET BHARARA, the United States Attorney for the Southern District of New York, announced that CHEDDI GOBERDHAN, a real estate attorney, pled guilty yesterday before U.S. District Judge SHIRA A. SCHEINDLIN in Manhattan federal court to a seven-count Indictment charging him with conspiracy to commit bank and wire fraud, and six counts of bank fraud, in connection with a scheme that defrauded banks out of more than $23 million in home mortgage loans. GOBERDHAN made hundreds of thousands of dollars in illicit profits from the scheme, in which he worked closely with corrupt loan officers of GuyAmerican Funding, a mortgage brokerage firm in Queens, New York. GOBERDAN is the ninth defendant convicted of participating in this mortgage fraud scheme

ALBANY, NY - January 11, 2011 - (RealEstateRama) -- The New York State Office for People With Developmental Disabilities (OPWDD) has been awarded nearly $120,000 in housing counseling grants that will assist the agency to help individuals and families not only find housing, but will also offer them greater opportunities to keep their homes through counseling and training and to avoid loan modification scammers that are targeting millions of vulnerable populations.

NEW YORK, NY - January 11, 2011 - (RealEstateRama) -- Jones Lang LaSalle announced the Long Island office market continued to experience a slight softening throughout 2010. With numerous leasing opportunities available, space users showed heavy interest in top-quality spaces throughout Long Island, helping to fuel a rise in availabilities among Class B properties

New York, NY - January 10, 2011 - (RealEstateRama) -- SL Green Realty Corp. (NYSE: SLG) today announced it has purchased City Investment Fund (CIF)'s 49.9% interest in 521 Fifth Avenue, thereby assuming full ownership of the building. The transaction values the consolidated interests at $245.7 million or approximately $502 per square foot.

New York, NY - January 6, 2011 - (RealEstateRama) -- Savanna and Monday Properties announced today the closing of a $58 million loan for 386 Park Avenue South. The new partners of the 20-story, Art Deco office building additionally announced that Chase Bank has signed an 11-year lease renewal of its 12,000-square-foot retail space.

New York, N.Y. - January 6, 2011 - (RealEstateRama) -- Halstead Property Development Marketing today released data reflecting that 88 Morningside, a premier new development located on the corner of Morningside Avenue and 122nd Street, was this year’s fastest selling development in Harlem

EUGENE, OR - January 4, 2011 - (RealEstateRama) -- New York City suburbs are now easier to find a home in, without ever leaving you own, thanks to the joint partnership between IDX, Inc. and Igor Krasnoperov. Krasnoperov has adopted the amazing IDX Broker software, giving him the unique ability to display thousand of Westchester-Putnam MLS (WPMLS) listings directly on his search page. Home seekers around Manhattan can now quickly search for homes all over Long Island and beyond, without ever stepping foot outside or riding the subway, on the new IDX enabled website of Krasnoperov.

NEW YORK, NY - January 4, 2011 - (RealEstateRama) -- Jones Lang LaSalle announced that vacancy rates fell in all property classes in the Midtown and Midtown South office submarkets during 2010. At the same time, Lower Manhattan posted a slight increase in vacancy rates in all property classes