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KELLER WILLIAMS NYC APPOINTS CAROLINA TEJADA

New York, NY - August 4, 2011 - (RealEstateRama) -- Keller Williams NYC (www.kwnyc.com), the Manhattan franchise of leading real estate firm Keller Williams Realty Inc., has hired Carolina Tejada as a licensed real estate salesperson.

HUDSON REALTY CAPITAL PROVIDES $13.1 MILLION NOTE ACQUISITION FINANCING FOR MISSISSIPPI RETAIL CENTER

NEW YORK, N.Y. - August 3, 2011 - (RealEstateRama) -- Hudson Realty Capital LLC, based in New York City, has provided $13.1 million in note acquisition financing ultimately secured by a power retail center located in central Mississippi. “Although several finance companies maintain that they offer note-acquisition financing, Hudson has actually been funding many of these transactions during the last 12 months. Past experience in this area is imperative since these deals are very dynamic and can take numerous unexpected twists and turns,” said Spencer Garfield, managing director. “Hudson has developed a comprehensive program to offer our borrowers the flexibility they need to effectuate their business plan while giving us the security we require.”

CUSHMAN & WAKEFIELD FACILITATES $120-MILLION CONDO INTEREST SALE OF VERIZON BUILDING

NEW YORK, N.Y. - August 3, 2011 - (RealEstateRama) -- Sabey Data Center Properties has acquired a principal condominium interest encompassing 29 floors of the 32-story building at Manhattan's 375 Pearl Street, commonly known as the Verizon Building, for $120 million. Sabey was represented in the transaction by Sean Brady of the East Rutherford, N.J. office of Cushman & Wakefield, Inc., and Jeffrey Heller of the firm's Midtown New York office. Youngwoo & Associates, Sabey’s local partner, was represented by Ron Solarz of Eastern Consolidated. Sellers M&T Bank and Taconic Investment Partners were represented by C.B. Richard Ellis.

Paramount Group Successfully Completes The Recapitalization Of 1633 Broadway And Increases Its Stake In...

New York, NY - August 3, 2011 - (RealEstateRama) -- Paramount Group, Inc., New York’s largest privately held international real estate investment and management firm, has recapitalized a 49 percent interest in its 1633 Broadway office tower. Affiliates of Morgan Stanley and Bank of America have exited the partnership and have been replaced by affiliates of Beacon Capital Partners, LLC and Paramount Group Real Estate Fund IV. SL Green Realty Corp. (NYSE:SLG) acquired a preferred equity interest as well. Paramount Group Real Estate Fund I retains its 51 percent controlling interest in the 2.5 million- square-foot Class A office tower where Paramount Group is headquartered. The prestigious tenant roster includes, Allianz, Time Warner, Deloitte LLP, Morgan Stanley, Dickstein Shapiro and Kasowitz, Benson, Torres & Freedman LLP

Manager of Mortgage Brokerage Firm, Bridgewater Funding, LLC, Sentenced in Manhattan Federal Court to...

August 2, 2011 - (RealEstateRama) -- PREET BHARARA, the United States Attorney for the Southern District of New York, announced that MICAH MEYERS was sentenced today in Manhattan federal court to 60 months in prison for his role in a sub-prime mortgage fraud scheme involving dozens of residential mortgages that totaled more than $10 million. MEYERS previously pled guilty to one count of conspiracy to commit bank and wire fraud on May 27, 2010. His sentence was imposed by United States District Judge DEBORAH A. BATTS

KELLER WILLIAMS NAMES BRANDEE SONG ASSOCIATE BROKER

New York, NY - August 2, 2011 - (RealEstateRama) -- Keller Williams NYC (www.kwnyc.com), the Manhattan franchise of leading real estate firm Keller Williams Realty Inc., has appointed Brandee Song as Associate Broker. As the founder of S Group Realty, she specializes in working with Korean investors looking to buy and sell property in New York City.

Americas Hotel Transaction Volume Up Approximately 180 Percent to $7.4 Billion in First-Half 2011

CHICAGO, IL - July 28, 2011 - (RealEstateRama) -- Jones Lang LaSalle Hotels today reported that the volume of hotel investment transactions that closed in the Americas market in the first six months of 2011 reached $7.4 billion—a robust increase of approximately 180 percent on the same prior-year period. The numbers represent preliminary totals from Jones Lang LaSalle Hotels’ Hotel Investment Highlights Americas report due to be released later this month. The firm’s research tracks hotel asset transactions in excess of $10 million, and excludes note sales, recapitalizations and foreclosures.

Jones Lang LaSalle Completes 110,000-SF Lease for Eastgate Realty with Cerberus Capital Management at...

NEW YORK, NY - July 27, 2011 - (RealEstateRama) -- Jones Lang LaSalle has completed a new direct lease for building owner Eastgate Realty with Cerberus Capital Management LP at 875 Third Avenue. The private investment firm signed a 10-year lease for 110,000 square feet at the Class A, 720,000-square-foot office building.

Rosen Seymour Signs 44,851-SF Renewal at 757 Third Avenue in New York

NEW YORK, NY - July 27, 2011 - (RealEstateRama) -- Rosen Seymour Shapss Martin & Company LLP signed a 15-year renewal for 44,851 square feet at the Class A, 457,250-square-foot office building.

HARLEM CONDO DEVELOPMENT, PS90, ANNOUNCES 80% OF UNITS ARE CLOSED OR UNDER CONTRACT

NEW YORK, NY - July 25, 2011 - (RealEstateRama) -- Halstead Property Development Marketing and West 147th Street Associates LLC, an affiliate of L+M Development Partners, Inc., today announced that 80% of the units are closed or under contract at PS90, a premier residential development in Harlem.

Halstead Property Development Marketing Tapped To Lead Sales At 109 Gold Street In Brooklyn

NEW YORK, NY - July 25, 2011 - (RealEstateRama) -- Halstead Property Development Marketing today announced that it has been named the exclusive sales and marketing agent for 109 Gold Street in DUMBO, Brooklyn.

Hinchey Announces $200,000 in Federal Funding to Help Homeless Veterans in the Hudson Valley...

Washington, DC - July 22, 2011 - (RealEstateRama) -- Congressman Maurice Hinchey (D-NY) today announced that the Poughkeepsie Housing Authority has been awarded $212,520 in federal funds to provide permanent housing for homeless veterans in the Mid Hudson Valley. The funds were awarded through the U.S. Department of Housing and Urban Development (HUD) Veterans Affairs Supportive Housing (VASH) program of which Hinchey is a steadfast supporter

STEADY PROGRESS FOR NYC RESIDENTIAL MARKET IN 2ND QUARTER, ACCORDING TO REBNY BROKER SURVEY

NEW YORK, NY - July 21, 2011 - (RealEstateRama) -- A broker survey conducted by the Real Estate Board of New York (REBNY) for the second quarter of 2011 found that 77 percent believe next quarter’s values and sales will be better than or the same as this quarter. Also, 10 percent more brokers reported closing sales at or above asking price compared to what brokers reported in the second quarter of 2010

KELLER WILLIAMS NYC WELCOMES IKAHN EL

New York, NY - July 21, 2011 - (RealEstateRama) -- Keller Williams NYC (www.kwnyc.com), the Manhattan franchise of leading real estate firm Keller Williams Realty Inc., has appointed Ikhan El as a licensed real estate salesperson.

CONSTRUCTION COMPLETE AT 88 MORNINGSIDE; FASTEST SELLING NEW DEVELOPMENT IN HARLEM RECEIVES TCO

New York, NY - July 21, 2011 - (RealEstateRama) -- Halstead Property Development Marketing today announced that 88 Morningside, a premier new development located on the corner of Morningside Avenue and West 122nd Street, has completed construction.

MAYOR BLOOMBERG, DEPUTY MAYOR STEEL, HOUSING COMMISSIONER WAMBUA AND HDC PRESIDENT JAHR ANNOUNCE NEW...

New York, NY - July 20, 2011 - (RealEstateRama) -- Mayor Michael R. Bloomberg, Deputy Mayor for Economic Development Robert K. Steel, Housing Preservation and Development Commissioner Mathew M. Wambua and New York City Housing Development Corporation (HDC) President Marc Jahr announced todaythe City has reached a major milestone in its affordable housing plan, the New Housing Marketplace Plan.

MAYOR BLOOMBERG APPOINTS FIRST CURRENT PUBLIC HOUSING RESIDENT TO NEW YORK CITY HOUSING AUTHORITY...

New York , NY - July 19, 2011 - (RealEstateRama) -- Mayor Michael R. Bloomberg today appointed Victor A. Gonzalez as the first public housing resident to be named a member of the New York City Housing Authority (NYCHA) Board. In April 2011, the City announced it would add a new seat on the Board, creating a new Resident Board Member position. More than 600 residents from all five boroughs applied. Gonzalez’s appointment is effective July 20, 2011, when he will join NYCHA Chairman John B. Rhea, Vice Chair Emily Youssouf and Board Member Margarita López at his first board meeting. NYCHA board members form the Authority’s governing body and are responsible for voting on contracts, resolutions, policies, motions, rules and regulations and administrative matters.

PRESS CONFERENCE MONDAY, JULY 18, 2011 @ 11AM Gregory W. Meeks Urges Constituents at...

JAMAICA,NY - July 18, 2011 - (RealEstateRama) -- Congressman Gregory W. Meeks (NY-6), senior member of the Financial Services Committee and House Foreign Affairs Committee, along with community organizations, including Neighborhood Works America, will hold a press conference on Monday, July 18, 11:00 am to urge eligible homeowners to act quickly to apply for the U.S. Department of Housing and Urban Development (HUD) Emergency Homeowners’ Loan Program (EHLP). Congressman Meeks will be joined by Adolfo Carrion, HUD Regional Administrator, Region II. Mr. Carrion is a former Bronx Borough President and director of the White House Office on Urban Policy.

While School’s Out, Learn Lessons in Home Energy Use

New York, NY - July 15, 2011 - (RealEstateRama) -- It may be summer vacation season, but that doesn’t mean you should take a break from your home energy responsibilities. In fact, getting the whole family involved in making better choices regarding energy efficiency is a great way to teach your household how to conserve resources and save money.

APEX OFFERING PLAN DECLARED EFFECTIVE; FIRST CLOSINGS UNDERWAY

NEW YORK, NY - July 15, 2011 - (RealEstateRama) -- APEX Condominium’s offering plan has been declared effective and the new luxury building in Harlem is already 40% sold -- more than twice the required percentage.

Halstead Property Development Marketing To Participate In The Downtown New Development Open House Tour

New York, NY - July 15, 2011 - (RealEstateRama) -- Halstead Property Development Marketing today announced they will participate in The Downtown New Development Open House Tour, a joint open house with other top brokerages in New York City, on Wednesday, July 20.

HOMEBUYERS RESPOND ENTHUSIASTICALLY TO HIGHPOINTE AT WOODBURY JUNCTION

MONROE-WOODBURY, N.Y. - July 15, 2011 - (RealEstateRama) -- Only three weeks after opening the doors of their model home, HighPointe at Woodbury Junction is enjoying a surge of interest from buyers looking to take advantage of the community’s desirable Orange County, NY location, luxurious homes and incredible value.

Jones Lang LaSalle Selected by Italian Trade Commission to Market, Sell 33 East 67th...

NEW YORK, NY - July 14, 2011 - (RealEstateRama) -- Jones Lang LaSalle has been selected by the Italian Trade Commission to market 33 East 67th Street, once known as the Hugh D. Auchincloss House. Constructed originally as a townhouse, the five-story mansion is located on the Upper East Side of Manhattan and serves as the home of the ITC.

BROKERS INVITED TO BROOKLYN ROOFTOP FOR THE “ARIAS PARK SLOPE AMENITY SHOWCASE” ON JULY...

BROOKLYN, NY - July 14, 2011 - (RealEstateRama) -- Real estate brokers from Brooklyn and beyond will gather on a spectacular rooftop location on Wednesday, July 20th from 5:30 to 7 p.m. for the “Arias Park Slope Amenity Showcase,” a twilight event which will highlight the world-class recreational amenities at Brooklyn’s most desirable luxury rental building.

CoreNet Global NYC Holds Panel on World Trade Center: 10 Years Later

New York, NY - July 13, 2011 - (RealEstateRama) -- The New York City Chapter of CoreNet Global, the leading professional association for corporate real estate and workplace executives serving multinational companies in the Fortune and Global 1000, will hold a panel discussion on July 28 entitled: World Trade Center: 10 Years Later, Progress and Momentum in Lower Manhattan.