BEACON TOWERS, HARLEM RESIDENTIAL DEVELOPMENT OFFERS ITS OWN “CREDIT” FOR BUYERS
Developers Announce $8,000 Cash “Credit” for Contracts Signed Prior to July 31
New York, NY - May 24, 2010 - (RealEstateRama) -- Since the federal tax credit expired at the end of April, the real estate industry nationwide has seen a slight lull in activity. The developers of Beacon Towers, a new cooperative residential development in Harlem, announced today that they will offer their own “tax credit” to buyers, in addition to affordable prices.
Fulton Nassau Crossroads Program Begins Storefront and Facade Improvements in Lower Manhattan
New York, NY - May 21, 2010 - (RealEstateRama) -- New York City Economic Development Corporation (NYCEDC) in cooperation with the New York City Department of City Planning (DCP) announced the installation of the first new storefront improvements through the Fulton Nassau Crossroads Program this week.
Hines Sells 600 Lexington in NY for $193M
NEW YORK, NY - May 21, 2010 - (RealEstateRama) -- The New York office of Hines, the international real estate firm, announced today that a subsidiary of the Hines U.S. Core Office Fund LP (Core Fund) has closed on the sale of 600 Lexington, a 36-story 303,515-square-foot office tower located on the Northwest corner of Lexington Avenue and 52nd Street in New York City, to SL Green Corp.
Harlem River Park Research Fair and Tour
May 21, 2010 - (RealEstateRama) -- Frederick Douglass Academy students present their findings on the health and ecology of the Harlem River, with tours of the new Harlem River Park designed to bring the public closer to a key confluence in the New York City “eco-stream.”
NYC APARTMENT BUILDING WORKERS Ratify NEW CONTRACT WITH WAGE HIKES, FAMILY HEALTH CARE
New York, NY - May 21, 2010 - (RealEstateRama) -- New York City apartment building workers ratified a four-year agreement Friday that provides nearly 10% in wage increases, maintains fully employer-paid family health care coverage and keeps pension benefits secure. The new $8.1 billion contract with the Realty Advisory Board (RAB) covers 30,000 doormen, superintendents, resident managers, porters, handymen and concierges at over 3,200 New York City buildings.
176-Unit Affordable Development in Albany Gets Major Makeover
Albany, NY - May 19, 2010 - (RealEstateRama) -- Ezra Prentice Homes in Albany's South End neighborhood is undergoing a major rehabilitation that will...
Gillibrand Fights For New Legislation To Prevent Foreclosure For Thousands In New York City...
Washington, DC - May 19, 2010 - (RealEstateRama) -- As families across New York and across the country struggle to find work after losing their jobs for no fault of their own, U.S. Senator Kirsten Gillibrand is advancing legislation to provide temporary mortgage relief for struggling families to stave off the threat of foreclosure.
PS90 CONDOMINIUM IN HARLEM APPROVED FOR FHA FINANCING
New York, NY - May 18, 2010 - (RealEstateRama) -- West 147th Associates LLC and Halstead Property Development Marketing today announced that PS90, a new development in Harlem, has been approved by the Federal Housing Administration’s mortgage program.
Department of State Launches Real Estate Education Campaign
ALBANY, NY - May 18, 2010 - (RealEstateRama) -- Secretary of State Lorraine Cortés-Vázquez today announced that since the start of 2010 the Department of State has taken dozens of actions against dishonest licensed real estate professionals, leading to numerous revocations, suspensions and fines.
Attorney Sentenced in Manhattan Federal Court to 20 Months in Prison for Deceiving Clients...
New York, NY - May 18, 2010 - (RealEstateRama) -- PREET BHARARA, the United States Attorney for the Southern District of New York,
THE SHELTON, AFFORDABLE CO-OP DEVELOPMENT IN BEDFORD STUYVESANT, ANNOUNCES TOPPING-OFF
New York, NY - May 17, 2010 - (RealEstateRama) -- Halstead Property Development Marketing, TNS Development Group Ltd., and Great American Construction Corp. today announced the topping-off of The Shelton, a newly constructed 14-story affordable cooperative development located at 775 Lafayette Avenue between Throop Avenue and Marcus Garvey Boulevard, in the Bedford Stuyvesant neighborhood of Brooklyn.
SALES RESUME FOR +ART, NEW CONDO DEVELOPMENT AT 540 WEST 28TH STREET IN WEST...
New York, NY - May 17, 2010 - (RealEstateRama) -- Halstead Property Development Marketing and Ekstein Development announced today that sales have resumed for +aRt, a new premium condominium development located in the heart of West Chelsea’s art district at 540 West 28th Street.
DHCR Announces $9.6 Million to Help More than 97,000 Homeowners Avoid Foreclosure
Albany, NY - May 14, 2010 - (RealEstateRama) -- The State Division of Housing and Community Renewal (DHCR) today announced 26 awards totaling $9.6 Million that will help more than 97,000 New York homeowners avoid foreclosure.
New York State Approves $57.6 Million in Financing to Build and Renovate 670 Affordable...
NEW YORK, NY - May 13, 2010 - (RealEstateRama) -- Thursday, May 13, 2010--The boards of the New York State Housing Finance Agency (HFA) and the New York State Affordable Housing Corporation (AHC) today approved $57.6 million in financing to build and renovate 670 affordable housing units in the state.
APOLLO GIVES HARLEM CDC BOW AT “WALK OF FAME” UNVEILING
Apollo Says "Generous" Grant From Harlem CDC Community Initiative Fund Helped Make "Walk" Possible. May 13, 2010 - (RealEstateRama) -- The Harlem Community Development Corporation (Harlem CDC) was lauded for its support of the Apollo Theater Foundation's "Walk of Fame" project at its unveiling on Monday.
SALES LAUNCH AT COLUMBIA COMMONS, WHERE IMPECCABLE DESIGN MEETS GREAT VALUE IN THE COLUMBIA...
NEW YORK, NY - May 13, 2010 - (RealEstateRama) -- Halstead Property Development Marketing announces sales will officially launch tomorrow with the opening of a sales office at Columbia Commons, a newly constructed residential development in Brooklyn’s growing Columbia Street Waterfront District.
NEDAP Releases Joint Report Showing Sharp Decline in Prime Mortgage Lending in Communities of...
New York, NY - May 13, 2010 - (RealEstateRama) -- Lenders sharply cut prime mortgage lending in communities of color in recent years — for both home purchases and refinancing of existing mortgages.
Mayor Bloomberg, Deputy Mayor Lieber and Council Member Mark-Viverito Announce Start of Construction of...
New York, NY - May 10, 2010 - (RealEstateRama) -- Mayor Michael R. Bloomberg, Deputy Mayor for Economic Development Robert C. Lieber, Council Member Melissa Mark-Viverito, New York City Economic Development Corporation President Seth W. Pinsky, Housing Preservation and Development Deputy First Deputy Commissioner Douglas Apple
State Announces Additional Federal Home Heating Assistance to Help Struggling Low-Income New Yorkers
Albany, NY - May 11, 2010 - (RealEstateRama) -- The State Office of Temporary and Disability Assistance (OTDA) today announced that 500,000 of New York’s neediest households will receive additional federal funding to assist in meeting their current energy costs.
THE DOUGLASS, NEW CONDO DEVELOPMENT IN HARLEM, IS NOW 61% SOLD
New York, NY - May 6, 2010 - (RealEstateRama) -- BRP Companies and Halstead Property Development Marketing today announced that 61% of units are under contract at The Douglass, a new high-end condominium development located in South Harlem at 2110 Frederick Douglass Boulevard and the corner of 114th Street.
Mayor Bloomberg, HUD Secretary Donovan, Speaker Quinn, Commissioner Cestero and Other Officials Announce 100,000...
New York, NY - May 3, 2010 - (RealEstateRama) -- Mayor Michael R. Bloomberg, U.S. Department of Housing and Urban Development (HUD) Secretary Shaun Donovan, City Council Speaker Christine C. Quinn, Deputy Mayor for Economic Development Robert C. Lieber, and Department of Housing Preservation and Development Commissioner Rafael E. Cestero today announced that the City has financed the preservation or construction of more than 100,000 affordable homes since 2003.
Eco Friendly Harlem Development Metropolis Approved for FHA-Backed Loans
New York, NY - April 30, 2010 - (RealEstateRama) -- Halstead Property Development Marketing today announced that Metropolis, a new development in Harlem, has been approved by the Federal Housing Administration’s mortgage program.
New York State first quarter home sales up nearly 18 percent from the 2009...
Albany, NY - April 23, 2010 - (RealEstateRama) -- The New York state housing market continued its strong start to 2010 compared to a year ago as first quarter sales were up nearly 18 percent compared to the 2009 first quarter, according to preliminary single-family sales data accumulated by the New York State Association of REALTORS.
184 KENT, WILLIAMSBURG;S NEW LUXURY RENTAL, SIGNS 100TH LEASE
Brooklyn, NY - April 23, 2010 - (RealEstateRama) -- 184 Kent, the new rental building on the Williamsburg waterfront, announced today that it has signed 100 leases since it began renting in February. The building, located between North Third and North Fourth streets at the edge of the East River, offers a collection of 340 lofts in studio, one-, two- and three-bedroom configurations.
Halstead Property Development Marketing Uses Search Engine Marketing to Attract Buyers and Increase Sales
New York, NY - April 23, 2010 - (RealEstateRama) --– Halstead Property Development Marketing today announced proven success in search engine marketing campaigns for real estate developments through its partnership with Ai Media Group
