New York RealEstateRama

NEW YORK, NY - September 14, 2011 - (RealEstateRama) -- The Empire State Building has been awarded LEED® Gold for Existing Buildings certification as further recognition from the $550 million Empire State ReBuilding program. The Empire State Building is the tallest and most well known building in the U.S. to receive LEED certification.

NEW YORK, NY - September 13, 2011 - (RealEstateRama) -- In a recent study of 40 office markets across North America, Jones Lang LaSalle reveals the most expensive streets* for office space. Sand Hill Road in Menlo Park, Calif., topped the list with average rents reaching almost $114 per square foot (psf), while iconic streets such as Fifth Avenue in New York runs at $97 psf and Pennsylvania Avenue in Washington, DC fetches above $80 psf.

NEW YORK, NY - September 13, 2011 - (RealEstateRama) -- Halstead Property Development Marketing today announced the launch of sales at Fino175, a new residential condominium in the Fort Greene neighborhood of Brooklyn.

NEW YORK CITY, NY - September 12, 2011 - (RealEstateRama) -- Winoker Realty has leased midtown office space to Oakhurst Partners, LLC, the corporate parent of cashmere and camelhair fabric supplier Amicale Industries, Inc., according to Barry Bernstein, senior managing director at Winoker.

WHITE PLAINS, N.Y. - September 12, 2011 - (RealEstateRama) -- TwoFour Holdings, Inc., a provider of 24/7 global technology and consultancy solutions for treasury and capital markets, has leased 12,274 square feet of office space for its headquarters at Ten Bank Street, directly adjacent to the White Plains Transportation Center, according to Jeffrey H. Newman, executive vice president of Malkin Properties, the marketing and managing agent for the building.

BROOKLYN, N.Y. - September 12, 2011 - (RealEstateRama) -- Hudson Realty Capital LLC has funded an $11.6 million construction loan for the condominium conversion of a vacant commercial property in Brooklyn, N.Y. The sponsor will utilize the proceeds to renovate the three-story building to incorporate 20,757-square-feet of residential space and 6,175-square-feet of below-street-level medical office space.

Firm served as project manager for the Chinese news agency’s new North American headquarters facility NEW YORK, , NY - September 8, 2011 - (RealEstateRama) -- Jones Lang LaSalle has completed the interior build-out for Xinhua News Agency’s new North American headquarters on the top floor of 1540 Broadway. The Chinese news agency leased 18,500 square feet on the 44th floor of the 1.1 million-square-foot, Class A office building in mid-2010.

New York, NY - September 8, 2011 - (RealEstateRama) -- NYU's Furman Center for Real Estate and Urban Policy and its Institute for Affordable Housing Policy launched the Subsidized Housing Information Project (SHIP), an interactive database with extensive information on nearly 235,000 units of privately-owned subsidized rental housing in New York City. The database consolidates information from 50 separate public and private data sources into one searchable website, now available at: www.furmancenter.org/data/search.

NEW YORK, NY - September 8, 2011 - (RealEstateRama) -- Halstead Property Development Marketing today announced that 93% of units have been sold at Beacon Towers, a Central Harlem cooperative development.

NEW YORK, NY - September 7, 2011 - (RealEstateRama) -- Jones Lang LaSalle represented the Greater New York Councils, Boy Scouts of America, in an agreement with The Trust for Public Land to permanently protect the William H. Pouch Scout Camp on Staten Island. The GNYC entered into an agreement with TPL that will result in the preservation of 94 acres from development through a two-phase plan that includes the purchase of a large portion of the site.

New York, NY - September 7, 2011 - (RealEstateRama) -- Rose Associates, Inc., the New York-based full-service real estate firm, has hired Lisa Bulloch-Jones as director of corporate marketing. In this position, she will oversee all marketing initiatives for the company, including communications, branding, corporate advertising and public relations.

New York, NY. - September 6, 2011 - (RealEstateRama) -- International law firm Nixon Peabody LLP has expanded its Tax Credit Finance and Syndication practice in New York City with the arrival of two partners Alan S. Cohen and Mark A. Kreitman, associate Amy Curry, and paralegal George Steiner. Mr. Cohen and Mr. Kreitman most recently led Paul Hastings’ affordable housing tax credit practice.

New York, NY - September 6, 2011 - (RealEstateRama) -- Savanna, a New York-based real estate private equity and asset management firm, today announced the signing of four new office leases totaling 15,500 square feet at 5 Hanover Square, bringing the building’s occupancy to 82 percent. The 25-story, 333,000-square-foot multi-tenant office building in Manhattan’s Financial District is in the final stages of a comprehensive capital improvement plan. Savanna has leased 35,000 square feet of space since acquiring the Property in September 2010.

NEW YORK CITY, N.Y. - September 6, 2011 - (RealEstateRama) -- A $10.2 million construction loan has been funded by Hudson Realty Capital LLC, a New York City-based real estate fund manager. The sponsor will utilize the multi-tranche loan to proceed with site demolition and construction of a 23,306-square-foot mixed-use building in SoHo.

NEW YORK CITY, N.Y. - September 6, 2011 - (RealEstateRama) -- A $10.2 million construction loan has been funded by Hudson Realty Capital LLC, a New York City-based real estate fund manager. The sponsor will utilize the multi-tranche loan to proceed with site demolition and construction of a 23,306-square-foot mixed-use building in SoHo.

New York, NY - September 5, 2011 - (RealEstateRama) -- On July 20, 2011, as part of a historic initiative to transform New York State's model for economic development and job creation, Governor Cuomo announced that up to $1 billion in economic development funding would be made available through a Consolidated Application Process (CFA). Beginning September 2, 2011, the NYS Consolidated Funding Application (CFA) is available to eligible applicants, marking a fundamental shift in how economic development resources are allocated. The CFA will serve as a more efficient and effective tool to streamline and expedite the State's efforts to generate sustainable economic growth and employment opportunities across the state.

PATCHOGUE, NY - September 5, 2011 - (RealEstateRama) -- Suffolk County homeowners and businesses still may be eligible for Individual Assistance (IA) aid from the Federal Emergency Management Agency (FEMA) for damage caused by Tropical Storm Irene, Congressman Tim Bishop announced today. FEMA has already approved Suffolk County for Public Assistance (PA) disaster aid, under which state and local governments can be reimbursed for costs incurred in responding to the storm.

PATCHOGUE, NY - September 5, 2011 - (RealEstateRama) -- Congressman Tim Bishop applauded the decision by FEMA to expand eligibility for Individual Assistance (IA) grants to Suffolk County homeowners and businesses who suffered damage from Tropical Storm Irene. Bishop appealed directly to President Obama for Suffolk to receive IA due to the severe damage to private property in coastal areas.

NEW YORK, NY - August 31, 2011 - (RealEstateRama) -- Jones Lang LaSalle data demonstrates the groundwork has been laid for Lower Manhattan’s next great transformation 10 years past the September 11 tragedy. Having weathered a volatile economy and ongoing cycles of recovery, rebuilding and consolidation, Lower Manhattan is poised to capture demand not witnessed since the beginning of the previous century. According to Jones Lang LaSalle’s report, “Lower Manhattan 10 Years Later,” although the historic district remains the home of Wall Street, local government, professional services, media and technology firms will occupy a greater share of Lower Manhattan office space going forward.

New York, NY - August 30, 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 Ronnie Cohen as a licensed real estate salesperson

NEW YORK, NY - August 30, 2011 - (RealEstateRama) -- Halstead Property Development Marketing and West 147th Associates LLC, the developers of PS90, today announced a new tuition incentive of $1,000 per unit for buyers who sign new contracts by September 30th.

WESTBURY, N.Y. - August 26, 2011 - (RealEstateRama) -- A private New York City-based company has acquired 1600 Stewart Avenue, a 220,000-square-foot office building. Cushman & Wakefield, Inc.'s Metropolitan Area Capital Markets Group (CMG) represented the undisclosed seller and procured the buyer.

WASHINGTON, DC - August 25, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) is charging RiverBay Corporation, a housing cooperative located in the Bronx, and two of its employees with violating the Fair Housing Act for denying a disabled man’s reasonable accommodation request. HUD brings the charge on behalf of the disabled tenant, claiming that RiverBay refused to allow the tenant to have a medically prescribed emotional support animal and that the cooperative’s security officers harassed the tenant because of the service animal.

NEW YORK, NY - August 25, 2011 - (RealEstateRama) -- Jones Lang LaSalle announced its New York Capital Markets team has closed the sale of 1552 Broadway for the Riese Organization. A joint venture of SL Green and Wharton Acquisitions purchased the 15,000-square-foot retail property for $136,550,000.

NEW YORK CITY, N.Y. - August 25, 2011 - (RealEstateRama) -- Hudson Realty Capital LLC, a Manhattan-based real estate fund manager specializing in the middle market, has funded a $5.65 million DPO loan for a 14,000-square-foot mixed-use loft building in New York City. The sponsor is utilizing the proceeds to refinance and renovate the five-story building located in the heart of the city’s Tribeca neighborhood.