Yearly Archives: 2011

NEW YORK, NY - October 10, 2011 - (RealEstateRama) -- Jones Lang LaSalle announced that despite slower leasing volume over the summer, vacancy rates have fallen in Manhattan in all office building classes and every submarket in the third quarter of 2011. Higher prices for the city’s trophy office buildings fueled a boost in overall and Class A average asking rental rates in Midtown and Downtown office product, while Midtown South office buildings saw rates remain stable.

HARRISON, N.Y. - October 7, 2011 - (RealEstateRama) -- Lornamead, Inc., a leading global marketer of personal care brands, will relocate from High Ridge Park in Stamford, Conn. to Malkin Properties’ 500 Mamaroneck Avenue in Harrison, N.Y., according to Jeffrey H. Newman, executive vice president of Malkin Properties, the building’s marketing and managing agent.

NEW YORK, NY - October 6, 2011 - (RealEstateRama) -- Halstead Property Development today announced that construction has been completed at 109 Gold Street, a new residential development located in DUMBO, Brooklyn.

NEW YORK CITY, NY - October 6, 2011 - (RealEstateRama) -- Bill Berkis, senior managing director at Winoker Realty, has brokered a deal for East Side Manhattan office space on behalf of financial services firm Seven Points Capital, LLC.

NEW YORK, NY - October 5, 2011 - (RealEstateRama) -- Cogswell Realty, LLC announced today that Ricky’s NYC has signed a two-month lease for 5,180 square feet of retail space for a seasonal pop-up store, Ricky’s Halloween, Inc., at 55 West 125th Street.

NEW YORK, NY - October 4, 2011 - (RealEstateRama) -- Jones Lang LaSalle reported in its summer 2011 Skyline Review that demand for New York trophy office properties remains strong and steady despite continued economic uncertainty and volatility in the stock market. Manhattan has seen average asking rental rates for tower floors at the city’s prime addresses rise faster than any other segment of the market.

ALBANY, N.Y. - October 4, 2011 - (RealEstateRama) -- A state and federal Disaster Recovery Center (DRC) in Essex County will close on Friday, October 7, according to officials from the Federal Emergency Management Agency (FEMA).

BROOKLYN, N.Y. - October 4, 2011 - (RealEstateRama) -- Hudson Realty Capital LLC has funded a $5 million bridge loan for the purchase of 38,805 square feet of retail condominium space in Brooklyn, N.Y. The borrower’s business plan entails leasing the balance of the available commercial space.

NEW YORK, NY - October 4, 2011 - (RealEstateRama) -- ADG Langsam CEO Perry Finkelman has been named the Real Estate Development Award winner by the Young Jewish Professionals. In bestowing the award, the group cited Finkelman’s work at ONE48, a new luxury residential development located at 148 East 24th Street in the Gramercy area of Manhattan, and his leadership role in creating more than 3,000 apartments in the New York metropolitan area.

NEW YORK, NY - October 3, 2011 - (RealEstateRama) -- Halstead Property Development Marketing today announced that Harlem Sol 121 and 123, a new two-building condominium development in Harlem, are both 50% sold. Harlem Sol is a combination of two adjacent, yet distinct buildings located at 121 and 123 West 131st Street between Lenox Avenue and Adam Clayton Powell Boulevard. Harlem Sol 121 is a brownstone completely renovated and restored in a manner that speaks to history and luxury; and Harlem Sol 123 is a new-construction building featuring a modern design with hints of traditional brownstone characteristics.

New York, NY - October 3, 2011 - (RealEstateRama) -- Keller Williams NYC (www.kwnyc.com), the Manhattan franchise of leading real estate company Keller Williams Realty Inc., has announced the appointment of Rob Taub as Director of New Media.

NEW YORK CITY, NY - October 3, 2011 - (RealEstateRama) -- Malkin Holdings has appointed Maya Stanic director of marketing, announces Anthony E. Malkin, president of Malkin Holdings LLC.

New York, NY - October 3, 2011 - (RealEstateRama) -- SL Green Realty Corp. (NYSE: SLG) today announced that it has formed a venture with Stonehenge Partners and entered into a contract to acquire eight retail and multifamily properties for $416 million. Stonehenge, one of New York City's most prominent multifamily property operators, will reposition and manage the residential portion of the portfolio. The transaction is expected to be completed in the first quarter of 2012

EUGENE, OR - September 30, 2011 - (RealEstateRama) -- Potential buyers in North Syracuse, New York now have a great resource for finding homes online: Michael Arcuri and IDX, Inc. The newly IDX enabled website features thousands of New York State Alliance MLS (NYSAM) detailed property listings. Arcuri now hosts countless features on his website, which give his clients and other home seekers the unique ability to scan and customize their property search. With such unique search capabilities, it is no wonder that Arcuri has enabled his own customizable IDX solution for his professional website.

ALBANY, N. Y. - September 30, 2011 - (RealEstateRama) -- The Federal Emergency Management Agency (FEMA) has initiated a program, in coordination with State and local governments, to provide Temporary Housing Units (THUs) to New York communities hard hit by Hurricane Irene.

NEW YORK CITY, NY - September 30, 2011 - (RealEstateRama) -- W&H Properties has appointed Harry F. Blair and Sean Kearns, senior director and director of Cushman & Wakefield, respectively, to the leasing team at 250 West 57th Street, announces Anthony E. Malkin, president of Malkin Holdings LLC, which supervises W&H Properties.

NEW YORK CITY, NY - September 29, 2011 - (RealEstateRama) -- W&H Properties has appointed Perry Incantalupo general manager of One Grand Central Place, announces Anthony E. Malkin, president of Malkin Holdings LLC, which supervises W&H Properties.

NEW YORK CITY, NY - September 29, 2011 - (RealEstateRama) -- W&H Properties will conduct its fourth-annual Portfolio Challenge program, offering commercial brokers “great prizes, along with the opportunity to preview some high-quality pre-built spaces,” announces Anthony E. Malkin, president of Malkin Holdings LLC, which supervises the W&H Properties portfolio of nine Manhattan Pre-War Trophy office buildings.

NEW YORK CITY, NY - September 27, 2011 - (RealEstateRama) -- Tenants of W&H Properties’ One Grand Central Place and Grand Central Terminal commuters will soon enjoy another amenity – the restaurant/café Pantries, announces Anthony E. Malkin, president of Malkin Holdings LLC, which supervises W&H Properties.

New York, NY - September 26, 2011 - (RealEstateRama) -- Halstead Property Development Marketing today announced that 60% of the units are sold at 88 Morningside, the fastest selling new development in Harlem. Closings are currently in progress.

Boston, NY - September 23, 2011 - (RealEstateRama) -- CB Richard Ellis (CBRE) has been named Best Brokerage Firm by Multi-Housing News at its 2011 Excellence Awards reception in New York.

NEW YORK CITY, NY - September 23, 2011 - (RealEstateRama) -- CresaPartners has arranged for The Malcolm Group, an apparel manufacturer supplying some of North America’s largest chain retailers, to sublease a portion of its office space at 1412 Broadway in Manhattan’s Times Square district.

HARRISON, N.Y. - September 22, 2011 - (RealEstateRama) -- Medicsight PLC, a leading developer of computer-aided detection (C.A.D.) and image analysis software for the medical imaging market, has signed a new lease at 500 Mamaroneck Avenue in Harrison, N.Y., according to Jeffrey H. Newman, executive vice president of Malkin Properties, the building’s marketing and managing agent.

New York, NY - September 22, 2011 - (RealEstateRama) -- Keller Williams NYC is hosting a training course titled “Mega-Recruit-Select for Agents” on Tuesday, Sept. 27 from 8:30am to 5:30pm at 555 Madison Avenue, 2nd Floor. The course – which will be hosted by Keller Williams Realty CEO Mark Willis and KW Worldwide President Chris Heller – is open to all agents. Mega Recruit Select enables agents to implement proven hiring systems to ensure the “best and brightest” talent joins their team. The cost is $99

New York, NY - September 22, 2011 - (RealEstateRama) -- Rose Associates, Inc. has announced that Spirit Halloween recently leased 17,000 square feet of retail space at Chelsea Landmark, the luxury rental property located on Sixth Avenue between 25th and 26th Streets in Manhattan. The short-term lease will allow Spirit Halloween to market its costumes and accessories through the Halloween season.