New York RealEstateRama

NEW YORK, NY - June 8, 2011 - (RealEstateRama) -- Jones Lang LaSalle has completed a lease extension for Hunts Point Terminal Produce Cooperative Association Inc. with the City of New York. The world’s largest produce market inked a three-year lease extension for 660,000 square feet of warehouse space on 107 acres of land in the Bronx.

NEW YORK, NY - June 8, 2011 - (RealEstateRama) -- Terra Holdings, parent company of Brown Harris Stevens and Halstead Property, is pleased to announce that Stephen G. Kliegerman has been named President of a newly formed company, Terra Development Marketing. In this new position, Kliegerman will be responsible for the operations, direction and management of new business, client relations, pre-development planning, marketing and sales for all new development projects represented by both Brown Harris Stevens and Halstead Property, which are separate and distinct companies owned by Terra Holdings.

BROOKLYN, NY - June 6, 2011 - (RealEstateRama) -- The Marketing Directors, Inc. is executing one of the most successful leasing programs in today’s market at Arias Park Slope, the upscale collection of 95 rental homes located in Brooklyn’s Park Slope

NEW YORK, NY - June 3, 2011 - (RealEstateRama) -- Halstead Property Development Marketing and West 147th Street Associates LLC, the developers of PS90, a premier residential development, today announced new incentives for select buyers who sign their contracts by June 15th.

New York, NY - June 3, 2011 - (RealEstateRama) -- U.S. Senator Charles E. Schumer today announced an $110,000 U.S. Department of Labor grant for the United Veterans Beacon House based in Bay Shore, Long Island. The center, which provides transitional housing and job training to homeless veterans in Suffolk and Nassau County, will use the money to fund outreach efforts to homeless veterans at other shelters in Long Island, as well as efforts to connect these veterans to potential employers. Schumer said that this grant was essential in order to provide our heroes who have fallen on hard times with the helping hand they need to find jobs and get their lives back on track.

Albany, NY - June 3, 2011 - (RealEstateRama) -- Many local REALTOR boards/associations and their members across New York State and the country will be showing homes to the public as part of a Nationwide Open House Weekend, June 4-5, 2011. Local sellers will be able to showcase their homes and interested buyers will have an opportunity to visit houses in their area without having to make an appointment for a showing.

WEST ORANGE, N.J. - June 2, 2011 - (RealEstateRama) -- The Industrial and Office Real Estate Brokers Association of the New York Metropolitan Area (IOREBA) will present its inaugural Office and Brokers Awards at the 2011 Jeffrey Siegel Memorial 42nd Annual Golf & Tennis Outing on Monday, June 13. The IOREBA member winners will be announced at 7 p.m., during an awards dinner at the Essex County Country Club in West Orange.

NEW YORK, NY - June 1, 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, today announced the appointment of Avi Fisher as Vice President of Acquisitions

NEW YORK, NY - June 1, 2011 - (RealEstateRama) -- ADG Langsam and Halstead Property Development Marketing today announced the launch of sales at 148 East 24th Street, a new residential condominium in the Gramercy Park area of Manhattan.

Jersey City, NJ - June 1, 2011 - (RealEstateRama) -- SILVERMAN, the developers of Hamilton Square, announced today that more than 50% of units are sold at the premier loft and condo development in the Hamilton Park neighborhood of Jersey City.

New York, NY - May 31, 2011 - (RealEstateRama) -- To make it easier for property owners to assess, fund, implement and measure energy efficiency opportunities that can improve their buildings’ performance and bottom line, the New York State Energy Research and Development Authority (NYSERDA) has integrated its portfolio of programs and incentives for multifamily buildings, including condominiums and co-ops

May 31, 2011 - (RealEstateRama) -- Adam "Ad-Rock" Horovitz of the Beastie Boys served as host and DJ for the Children's Museum of the Arts’ Family Benefit and Concert on Sunday, May 22, at Webster Hall, 125 East 11th Street, in Manhattan.

May 26, 2011 - (RealEstateRama) -- Assembly Speaker Sheldon Silver today unveiled legislation to provide real relief for hard working men and women across New York State by capping local property taxes at two percent while at the same time including important safeguards to ensure communities are able to provide critical services for their citizens. The legislation prohibits local governments and school districts from exceeding the two percent threshold on the total tax levy and requires a 60 percent vote to override the levy. "Our message to property owners who have struggled under the burden of soaring taxes is simple," said Speaker Silver (D-Manhattan).

WASHINGTON, DC - May 26, 2011 - (RealEstateRama) -- The U.S. Department of Labor’s Veterans’ Employment and Training Service has announced an $8.3 million grant competition to provide job training, counseling and placement services (including job readiness, and literacy and skills training) to expedite the reintegration of homeless veterans into the labor force through its Homeless Veterans Reintegration Program.

NEW YORK, May 26, 2011 — For the first time in nearly two years, corporate occupiers are moving away from short-term tactical real estate plays exclusively centered on delivering sizeable cost savings in favor of a strategic, long-term approach to growth, according to Jones Lang LaSalle’s First Quarter 2011 National Office Occupier Outlook. Though it is not yet widespread, an increase in office space demand was recorded in the first quarter in select market segments with particular concentrations of growth industries such as technology, energy and professional services.

New York, NY - May 25, 2011 - (RealEstateRama) -- Flatbush Gardens Tenants Association filed a lawsuit in New York State Supreme Court today against David Bistricer, a principal of Renaissance Equity Holdings LLC, which owns and operates Flatbush Gardens, the sprawling 59-building housing complex in Brooklyn. Renaissance and an affiliated LLC are also named as defendants.

NEW YORK, NY - May 24, 2011 - (RealEstateRama) -- On behalf of Morgans Hotel Group, Jones Lang LaSalle Hotels today announced the sale of the Morgans and Royalton Hotels in New York. FelCor Lodging Trust purchased the two hotels for $140 million. Leading the Jones Lang LaSalle Hotels team on this transaction was Executive Vice President Jeffrey Davis with Vice President Gilda Perez-Alvarado.

New York,NY - May 24, 2011 - (RealEstateRama) -- Wemi:t LLC, a New York-based real estate company that acquires and develops high-end boutique residential properties, has announced the transformation of a 19th century townhouse at 170 East 80th Street into an exquisite 13,000-square-foot modern mansion. The magnificent property is listed for $35 million through exclusive broker Paula Del Nunzio of Brown Harris Stevens.

May 24, 2011 - (RealEstateRama) -- The first quarter of 2011 has seen a dramatic resurgence in the Newark office market, especially in the central downtown district. We have seen companies moving here from Manhattan and the other New York boroughs, including Staten Island, as well as from the New Jersey suburbs. In particular, there has been a great deal of activity involving new leases in the 5,000- to 8,000-square-foot category.

New York, NY - May 23, 2011 - (RealEstateRama) -- U.S. Secretary of Energy Steven Chu will join New York real estate industry executives and union leaders on Monday to recognize New York City’s first class of green building superintendents to graduate from the 32BJ-Thomas Shortman Green Supers training program. Green Supers is an ambitious labor-management green buildings program, launched just over a year ago with Mayor Bloomberg, to train superintendents and resident managers in the latest state-of-the-art energy efficiency measures.

New York, NY - May 23, 2011 - (RealEstateRama) -- Halstead Property Development Marketing announced today that closings and move-ins have begun at 47 Dean Street, a premium condominium development located in Boerum Hill, Brooklyn.

New York, NY - May 20, 2011 - (RealEstateRama) -- Brack Capital Real Estate (BCRE), in a joint venture with IHG (InterContinental Hotels Group), has completed the acquisition of 180 Orchard Street on the Lower East Side of Manhattan for approximately $46 million in an all-equity transaction. BCRE will own 51 percent of the shares in the joint venture while IHG will own the remaining 49 percent. IHG's investment in the project will be up to $30 million. The team plans to develop a multi-use property to include a 290-room Hotel Indigo with retail component and parking.

Pearl River, NY - May 19, 2011 - (RealEstateRama) -- As an increasingly heated debate on property tax relief continues to focus solely on a tax cap, Assemblywoman Ellen Jaffee (D-Suffern) today announced she has introduced legislation (A7673) that creates an income-based tax “circuit breaker” as a viable alternative that actually lowers homeowners’ tax bills while protecting quality education.

New York, NY - May 19, 2011 - (RealEstateRama) -- NYU’s Furman Center for Real Estate and Urban Policy’s Quarterly Housing Update reports that housing prices declined between the last quarter of 2010 and the first quarter of 2011 in every borough except Queens, where prices remained essentially flat. Manhattan home prices declined 1.7 percent in the first quarter of 2011, but were still 2.5 percent higher than in the first quarter of 2010, and only 11 percent lower than in the peak of the market. Home values in the Bronx and Queens have each depreciated by almost a third since their peaks in the second quarter of 2007 and fourth quarter of 2006, respectively.

New York, NY - May 19, 2011 - (RealEstateRama) -- GFI Mortgage Bankers, one of the largest independent mortgage banking firms based in New York, announces its selection as the preferred lender for condo buyers of Kirkman Lofts. A former soap factory, Kirkman Lofts is located in the DUMBO section of Brooklyn, NY and is a 45-unit condo building with a mix of one, two, three and four bedroom units. The building maintains the original aesthetic from its former days as a factory keeping the original steel silos for the entrance to each unit as well as the industrial windows and the brick façade.