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Walgreens to Create New Manhattan Flagship at the Empire State Building By Exchanging Concourse...

NEW YORK CITY, NY - August 25, 2011 - (RealEstateRama) -- The Empire State Building and Walgreens have completed a transaction to benefit the building’s neighborhood, tenants, and visitors to its world-famous Observatories. Walgreens, the nation’s largest drugstore chain, has just renewed its lease on the ground floor of the building’s corner at Fifth Avenue and 33rd Street, and exchanged 10,000 square feet on the concourse level of the property for 10,000 square feet on the second floor.

Starbucks Takes Remaining Retail Space at W&H’s 1350 Broadway

NEW YORK CITY, NY - August 25, 2011 - (RealEstateRama) -- Starbucks has taken the last remaining retail space at W&H Properties’ 1350 Broadway, completing the retail repositioning of the property, announces Anthony E. Malkin, president of Malkin Holdings, which supervises W&H Properties.

PCCP, LLC Provides $23.75 Million Senior Loan to Finance the Recapitalization of a Class...

New York, NY - August 24, 2011 - (RealEstateRama) -- PCCP, LLC announced today it has provided a $23.75 million senior loan to Bala Cynwyd, PA-based Keystone Property Group. The loan facilitated the recapitalization of a five-building Class A office complex totaling just over 228,000 square feet within Sentry Park West in Blue Bell, PA (suburban Philadelphia). Keystone Property Group acquired the property in 2004. Located at 1777 Sentry Parkway West, the asset is situated near two major thoroughfares, the Pennsylvania Turnpike and Interstate 476

Tech consulting Company Leases Through Winoker Realty; Reflects Trend of Tech Companies Moving to...

NEW YORK CITY, NY - August 22, 2011 - (RealEstateRama) -- Jackobin Consulting Services, Inc., a consultancy firm that provides project management, staffing, and web services for technical companies, has leased 6,500 square feet at 1150 Avenue of the Americas, according to Corey Abdo, executive vice president and principal of Winoker Realty.

Former Oceana Restaurant Leased By Industry Vets In Deal Arranged By Sierra and CBRE

NEW YORK CITY, NY - August 22, 2011 - (RealEstateRama) -- The former home of Oceana restaurant at 55 East 54th Street off Madison Avenue has been leased on a long-term basis to a partnership that – after a nearly two-year search – plans to turn the 8,300-square-foot space into a striking new four-level Mediterranean food destination. Sierra Realty Corp.’s Executive Vice President Peter Braus and Managing Director Brad Schwarz represented the landlord, and Gregory Tannor of CBRE represented the tenant

Property Management Business is Booming at Sierra Realty

NEW YORK CITY, NY - August 22, 2011 - (RealEstateRama) -- Sierra Realty Corp. has increased its focus on the property management segment of its business of late, and results have been fruitful in both Manhattan and the surrounding boroughs, according to Sierra President James Wacht.

Children’s Museum of the Arts Set to Open Expanded Facility in Lower Manhattan on...

NEW YORK, NY - August 22, 2011 - (RealEstateRama) -- The Children’s Museum of the Arts (CMA) will open its new, expanded space at 103 Charlton Street on Oct. 1, 2011. The 10,000-square-foot former loading dock, located in the Hudson Square neighborhood west of SoHo, will triple the museum’s size and enable it to dramatically expand its arts programming.

KELLER WILLIAMS NYC WELCOMES DUDI SILBERBERG, FOUNDER OF THE DS GROUP

New York, NY - August 22, 2011 - (RealEstateRama) -- Keller Williams NYC (www.kwnyc.com), the Manhattan franchise of leading real estate firm Keller Williams Realty Inc., has announced the appointment of Dudi Silberberg, Founder of the DS Group, as a licensed real estate salesperson.

IDX, Inc. syncs New York real estate database to website of Broker Jennie Ng

EUGENE, OR - August 19, 2011 - (RealEstateRama) -- Jennie Ng and IDX, Inc. have joined forces to bring new levels of ease and accessibility to the Bronx, New York home search, by enabling a custom IDX solution onto her professional website. As a real estate broker, Ng has long had access to thousands of detailed property listings through the Westchester-Putnam (WPMLS)/Long Islan (MLSLI). Now, her clients can experience and view detailed proerty listings that were once solely reserved for real estate agents and brokers. Ng's IDX-synced website allows potential New York buyers to explore the database on their terms. Ng had made the right decision for her business and her clients by enabling an IDX solution for her website.

ROSE ASSOCIATES, INC. SIGNS 2,462 S.F. WITH POTBELLY AT 150 EAST 44TH STREET

New York , NY - August 18, 2011 - (RealEstateRama) -- Rose Associates, Inc. recently signed a 15-year lease with Potbelly at the Metropolis, a property located at 150 East 44th Street in Manhattan. The popular sandwich maker is now open and operating in the 2,462-square-foot space, which was formerly occupied by Benvenuto Café and is adjacent to a Chipotle restaurant.

Keller Williams NYC Appoints GieFaan Kim Associate Broker, The Bracha Group

New York, NY - August 17, 2011 - (RealEstateRama) -- Keller Williams NYC (www.kwnyc.com), the Manhattan franchise of leading real estate firm Keller Williams Realty Inc., has announced the appointment of GieFaan Kim as associate broker for the Bracha Group

Faris Lee Capital Completes $18 Million Recapitalization of a 200,000 SF Retail Center in...

New York, NY - August 17, 2011 - (RealEstateRama) -- Faris Lee Investments, the nation’s largest retail-specialized investment sales and advisory firm, along with Faris Lee Capital, has completed the $18 million recapitalization of a 200,000-square-foot retail center in Normal, IL on behalf of the owner, The Dial Companies, a large Midwest developer. Built in 2007, the center’s anchor tenants include Schnucks Grocery and a 14-screen Starplex Theater. The center is currently 70 percent occupied and has 12 outparcels available for future sale, lease or development

KELLER WILLIAMS NYC EXPANDS TO 100 AGENTS

New York, NY - August 16, 2011 - (RealEstateRama) -- Keller Williams NYC (www.kwnyc.com), the Manhattan franchise of leading real estate company Keller Williams Realty Inc., today announced it has grown to 100 agents since active hiring began in April.

Injunction Obtained in New York Loan Modification Scam Lawsuit Against Homesafe America, Inc.

NEW YORK, NY - August 16, 2011 - (RealEstateRama) -- This morning, Justice John M. Galasso of the Nassau County Supreme Court issued a sweeping order shutting down one of New York’s largest mortgage scam operations pending trial. The order is the most substantial victory to date in a year-long legal campaign against “loan modification scams” in New York and nationwide.

KELLER WILLIAMS NYC APPOINTS NEIL JORDAAN

New York, NY - August 15, 2011 - (RealEstateRama) -- Keller Williams NYC (www.kwnyc.com), the Manhattan franchise of leading real estate firm Keller Williams Realty Inc., has appointed Neil Jordaan as a licensed real estate salesperson.

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New York, NY - August 15, 2011 - (RealEstateRama) -- Keller Williams NYC (www.kwnyc.com), the Manhattan franchise of leading real estate firm Keller Williams Realty Inc., has announced the appointment of GieFaan Kim as associate broker for the Bracha Group.

YUKI WATANABE JOINS KELLER WILLIAMS NYC

New York, NY - August 12, 2011 - (RealEstateRama) -- Keller Williams NYC (www.kwnyc.com), the Manhattan franchise of leading real estate company Keller Williams Realty Inc., today announced the appointment of Yuki Watanabe as a licensed real estate salesperson.

FINANCE COMMISSIONER DAVID M. FRANKEL AND SMALL BUSINESS SERVICES COMMISSIONER ROBERT W. WALSH ANNOUNCE...

WASHINGTON, D.C. - August 12, 2011 - (RealEstateRama) -- Finance Commissioner David M. Frankel and Small Business Services Commissioner Robert W. Walsh today announced a new program aimed at granting business and residential tenants access to information about refunds that they could be entitled to.

Swig Equities Appoints Jonathan Dean as Senior Vice President & Director of Commercial Leasing

New York, NY - August 11, 2011 - (RealEstateRama) -- Kent M. Swig, President of Swig Equities, LLC, is pleased to announce that Jonathan J. Dean has been appointed Senior Vice President and Director of Commercial Leasing. Mr. Dean brings 25 years of commercial real estate experience in New York City from such top tier firms including Cushman & Wakefield and Jack Resnick & Sons.

Swig Equities Appoints William Hodel as Property Manager

New York, NY - August 11, 2011 - (RealEstateRama) -- Kent M. Swig, President of Swig Equities, LLC, is pleased to announce that William Hodel has been appointed Property Manager at Swig Equities. In his new position, Mr. Hodel will direct the overall day-to-day operations of several of the commercial high-rise office buildings in the company’s FiDi (Financial District) portfolio. He will also serve as a liaison for the company in overseeing tenant relations and will coordinate all tenant construction and major building projects.

KELLER WILLIAMS NYC APPONTS OLGA ALEXAKOS AS SENIOR VICE PRESIDENT AND DIRECTOR OF GREEK...

New York, NY - August 10, 2011 - (RealEstateRama) -- Keller Williams NYC (www.kwnyc.com), the Manhattan franchise of leading real estate firm Keller Williams Realty Inc., today announced the appointment of Olga Alexakos as Senior Vice President and Director of Greek Property Services.

Jones Lang LaSalle Completes 32,259-SF Renewal, Expansion for ABN AMRO Holdings at 100 Park...

NEW YORK, NY - August 9, 2011 - (RealEstateRama) -- Jones Lang LaSalle has completed a lease renewal and expansion for ABN AMRO Holdings USA LLC with SL Green Realty Corp. at 100 Park Avenue. The bank signed an 11-year lease for a total of 32,259 square feet at the 825,815-square-foot, Class A office building.

COGSWELL REALTY, LLC ANNOUNCES LAUNCH OF SALES AT NEW RESIDENTIAL DEVELOPMENT IN HARLEM: 2130...

New York, NY - August 4, 2011 - (RealEstateRama) -- Cogswell Realty, LLC, a Manhattan-based real estate firm that owns, manages and develops commercial and residential properties in the New York Metropolitan Area, and Halstead Property Development Marketing today announced the launch of sales at 2130 Adam Clayton Powell, a new residential development in Harlem

HUDSON REALTY CAPITAL LLC ACQUIRES COLORADO PORTFOLIO OF 97 ADC LOANS FROM FDIC

NEW YORK CITY, N.Y. - August 4, 2011 - (RealEstateRama) -- A consortium led by Hudson Realty Capital LLC, a Manhattan-based real estate fund manager, has won the FDIC Small Investor Program (SIP) RADC structured-sale. The group acquired a $139 million Colorado portfolio of 97 acquisition, development and construction (ADC) loans in partnership with the Federal Deposit Insurance Corporation (FDIC). Hudson is partnering with Soundview Real Estate Partners of Stamford, Conn., and JCR Capital Investment Corp. of Denver, Col., in the joint acquisition.

27 CONTRACTS OUT IN SEVEN WEEKS AT ONE48; NEW GRAMERCY AREA DEVELOPMENT DECLARED EFFECTIVE

NEW YORK, NY - August 4, 2011 - (RealEstateRama) -- ADG Langsam and Halstead Property Development Marketing announced today that 27 contacts have gone out in just seven weeks at ONE48, a new residential condominium located at 148 East 24th Street. With 11 contracts fully executed, 20% of the building’s units have been sold in just nine weeks on the market, signaling that the development’s offering plan has been declared effective by The New York State Attorney General’s Office.