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MAYOR BLOOMBERG, HUD SECRETARY DONOVAN, HPD COMMISSIONER WAMBUA, ROSE COMPANIES AND PHIPPS HOUSES ANNOUNCE...

New York, NY - June 18, 2012 - (RealEstateRama) -- Mayor Michael R. Bloomberg, U.S. Department of Housing and Urban Development Secretary Shaun Donovan, Department of Housing Preservation and Development Commissioner Mathew M. Wambua, Housing Development Corporation President Marc Jahr, New York State Homes and Community Renewal Commissioner/CEO Darryl C. Towns, were joined by to cut the ribbon to mark the official opening of the Via Verde affordable housing development located at 700 Brook Avenue and East 156th Street in the South Bronx. Via Verde, a largely City-financed project that blends 151 rental units and 71 co-op units with innovative and sustainable green design elements, was the winning proposal to New York City's first juried design competition for affordable and sustainable housing.

RICARDO CACERES JOINS KELLER WILLIAMS NYC

New York, NY - June 18, 2012 - (RealEstateRama) -- Keller Williams NYC (www.kwnyc.com) has appointed Ricardo Caceres as a Licensed Real Estate Salesperson. He has more than 11 years of real estate experience in New York City, most recently as an agent for The Corcoran Group and Prudential Douglas Elliman.

Gillis Attends Healthcare & Real Estate Conference in New York, NY

June 15, 2012 - (RealEstateRama) -- Bradley Gillis, CCIM from Sperry Van Ness - Miller Commercial Real Estate in Salisbury, MD recently attended the Healthcare & Real Estate Conference in New York, NY. The conference featured important discussion on the state of healthcare in the United States, the implementation of healthcare reform and the various investment and development opportunities in the myriad of medical office buildings, research facilities and seniors’ housing. It was attended by 225 leading healthcare, real estate and capital markets executives from around the nation. The agenda included two keynote speakers; Edward Rollins who presented “The Impact of Today’s Political Cycle on Healthcare & Real Estate”, and Scott Mason, D.P.A.,

ARIEL PROPERTY ADVISORS SELLS RETAIL PROPERTY FOR $3.4 MILLION

NEW YORK, NY - June 15, 2012 - (RealEstateRama) -- Ariel Property Advisors has sold a Central Harlem retail property leased by Citibank for $3.4 million. Exclusive agents Victor Sozio, Shimon Shkury, and Michael Tortorici handled the sale for a private owner. The property was sold to a private investment group that operates multiple retail locations throughout the country.

Malkin Construction Honored By Connecticut Building Congress

STAMFORD, CT - June 14, 2012 - (RealEstateRama) -- The Connecticut Building Congress (CBC) has honored Malkin Construction and fellow project team members with an Award of Merit in the K-12 Schools category for their work on the recently completed Stratfield Elementary School project. The award was conferred at CBC’s annual Project Team Awards Banquet on June 12

A.G. Schneiderman Introduces Legislation To Protect New Yorkers From Foreclosure Fraud

ALBANY, NY - June 14, 2012 - (RealEstateRama) -- Attorney General Eric T. Schneiderman today announced the introduction of his bill in the state Legislature that would protect New Yorkers from fraudulent business practices like "robosigning" in the foreclosure process. The Attorney General’s legislation, the Foreclosure Fraud Prevention Act of 2012, will define “residential mortgage foreclosure fraud,” and impose tough new criminal penalties that include jail time for those who intentionally engage in such conduct, including managers of residential mortgage businesses who knowingly tolerate fraudulent foreclosure practices committed by their employees and agents.

Governor Cuomo Announces DFS Action Could Save Some New York Homeowners Millions in Overcharges...

Albany, NY - June 14, 2012 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced that the Department of Financial Services (DFS) has ordered insurers offering force-placed insurance in New York to submit proposals for new premium rates after it was found that they overcharged New York homeowners to the tune of millions of dollars. The proposals must be submitted by July 6, 2012.

Empire State Building Saves $2.4M in First Year of Energy Efficiency Plan

NEW YORK, NY - June 14, 2012 - (RealEstateRama) -- One year after an innovative building retrofit project, the Empire State Building is ahead of plan and has exceeded its year one energy-efficiency guarantee by 5 percent, saving $2.4 million and establishing a commercial real estate model for reducing costs, maximizing return on investment, increasing real estate value, and protecting the environment.

RKF Arranges 7,700-SF Lease with MacKenzie-Childs at Solow Realty & Development Company’s 20 West...

NEW YORK, NY - June 14, 2012 - (RealEstateRama) -- RKF today announced a long-term lease with Mackenzie-Childs for 7,700 square feet of retail space lease at Solow Realty & Development Company’s 20 West 57th St. on the south block between Fifth and Sixth Avenues in the Plaza District. The American-made luxury home furnishings, tableware and gift company will relocate from its existing location at 14 West 57th St. and occupy a new retail space consisting of approximately 7,700 square feet of space. Mackenzie-Childs plans to reopen at its new location by the fourth quarter of 2012.

Assembly Approves Measure to Expedite Residential Foreclosure Cases

New York, NY - June 14, 2012 - (RealEstateRama) -- Assembly Speaker Sheldon Silver and Judiciary Committee Chair Helene Weinstein today announced the approval of legislation that would help homeowners facing foreclosure by ensuring that lenders bringing foreclosure cases have a legal right to do so. It will also resolve the growing "shadow docket" of cases which lenders refuse to advance while the cases accrue costs and fees.

NYC MULTIFAMILY TRANSACTIONS JUMP 29 PERCENT IN APRIL

NEW YORK, NY - June 14, 2012 - (RealEstateRama) -- New York City multifamily transaction volume rose 29 percent in April 2012 compared to April 2011, but year-over-year dollar volume fell by 18 percent, according to Ariel Property Advisors’ Multifamily Month in Review: New York City.

Former NY Giants Star Tight End Howard Cross Joins Cresa New York as Senior...

NEW YORK CITY, NY - June 14, 2012 - (RealEstateRama) -- As part of an aggressive initiative to expand its brokerage team, Cresa New York has named Howard Cross senior vice president. Mr. Cross, an accomplished motivational speaker, is a 10-year veteran of commercial real estate, having previously served as senior managing director at Colliers International and as a broker at CBRE.

Senate Passes Bills Making it Easier to Obtain STAR Exemptions

New York, NY - June 12, 2012 - (RealEstateRama) -- The New York State Senate today passed legislation to simplify the process for senior citizens and other qualifying homeowners to apply for and receive their STAR property tax exemption.

VeriFone Takes Entire 32nd Floor at W&H Properties’ 1400 Broadway

NEW YORK CITY, NY - June 12, 2012 - (RealEstateRama) -- VeriFone Systems, Inc. (VeriFone) (NYSE: PAY), the electronic payments giant, has leased the entire 32nd floor at W&H Properties’ 1400 Broadway, announces Anthony Malkin, president of Malkin Holdings, which supervises the W&H portfolio.

KERI CHAMBERS JOINS KELLER WILLIAMS NYC

New York, NY - June 11, 2012 - (RealEstateRama) -- June 11, 2012 – Keller Williams NYC (www.kwnyc.com) has appointed Keri Chambers as a Licensed Real Estate Salesperson. She has worked in real estate for more than 10 years, most recently as an agent at Prudential Douglas Elliman.

JEFFREY AND KRISTIN KRANTZ JOIN HALSTEAD PROPERTY DEVELOPMENT MARKETING

NEW YORK, NY - June 8, 2012 - (RealEstateRama) -- Halstead Property Development Marketing today announced that husband and wife team Jeffrey and Kristin Krantz, known as Krantz+Krantz, have been hired as sales and marketing executives of Halstead Property Development Marketing.

John Gallin & Son Completes Complex Renovation for Fifth Avenue Accounting Organization

NEW YORK CITY, NY - June 8, 2012 - (RealEstateRama) -- Overcoming major challenges, John Gallin & Son, Inc. has completed a complex interior renovation of the 23,000-square-foot headquarters of the International Federation of Accountants (IFAC) at 529 Fifth Avenue, reports Robert Gallin, project manager. John Gallin & Son was the general contractor

MIDTOWN APARTMENT BUILDING WORKERS, TENANTS AND ELECTED OFFICIALS RALLY TO MARK ONE YEAR ON...

New York, NY - June 8, 2012 - (RealEstateRama) -- As a strike by doormen and porters at a 130-unit tower in Midtown reaches its one-year anniversary this week, dozens of tenants, elected officials and supporters rallied today to support the workers.

ACCOMPLISHED REAL ESTATE INVESTOR, DEVELOPER AND ATTORNEY ALAN SCHNURMAN JOINS HAMPTONS-BASED SAUNDERS & ASSOCIATES

Bridgehampton, NY - June 8, 2012 - (RealEstateRama) -- After 40 years as a prominent attorney, Alan Schnurman retired last year from his senior partner position at the personal injury and insurance law firm of Zalman & Schnurman to travel the world. While he spent time skiing in Aspen and even climbing Mount Everest, he felt a strong need to go back to work.

Statement From Office Of Attorney General On Court Ruling In Bank Of America Mortgage-Bond...

NEW YORK, NY - June 7, 2012 - (RealEstateRama) -- A New York judge today granted Attorney General Eric T. Schneiderman's right to intervene in litigation over Bank of America's proposed $8.5 billion settlement with mortgage-bond investors over opposition by Bank of New York Mellon, the trustee for investors. Schneiderman sought to intervene in the case to protect the interests of investors not involved in structuring the agreement, because it is far less than the massive losses investors have faced and will continue to face.

MIDTOWN APARTMENT BUILDING WORKERS TO BE JOINED BY TENANTS, SUPPORTERS AND ELECTED OFFICIALS TO...

New York, NY - June 7, 2012 - (RealEstateRama) -- As a strike by doormen and porters at a 130-unit tower in Midtown reaches its one-year anniversary this week, hundreds of tenants, elected officials and supporters will rally today to support the workers.

Senate Passes Bill to Restore STAR Property Tax Rebate Checks

New York, NY - June 6, 2012 - (RealEstateRama) -- The New York State Senate today passed legislation, sponsored by Senator Kenneth LaValle (R-C-I, Port Jefferson), that would restore the STAR property tax rebate program. The bill (S7447) would provide $202 million in property tax relief to senior citizens in the 2012-13 school year and $1.2 billion in property tax relief to middle class families starting in 2013-14.

Mark Jaccom Named President and Managing Principal of Cresa New York

NEW YORK CITY, NY - June 6, 2012 - (RealEstateRama) -- Underscoring an initiative to strengthen and expand the New York office of Cresa, North America’s largest tenant representation firm, the company has appointed industry heavyweight Mark Jaccom to serve as president and managing principal of New York. He has also been named to Cresa’s Board of Directors

Corcoran Sunshine Marketing Group Announces

NEW YORK, NY - June 6, 2012 - (RealEstateRama) -- Elaine Diratz, managing director at Corcoran Sunshine Marketing Group, announced sales of over $59 million at 515 East 72 in the past 90 days. Corcoran Sunshine Marketing Group is the exclusive sales agent for 515 East 72, a luxury condominium building between York Avenue and the East River on the Upper East Side of Manhattan. Residences sold in the price range of $633,000 to $4.8 million.

Cresa Names New Board Members

BOSTON - June 6, 2012 - (RealEstateRama) -- Cresa, North America’s largest tenant representation firm, today announced the results of recent elections to its Board of Directors.