ROSE ASSOCIATES, INC. HIRES LISA BULLOCH-JONES
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.
Tax Credit Finance Team Joins Nixon Peabody’s NYC Office; New Partners Alan Cohen and...
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.
Savanna Signs Four New Office Leases Totaling Approximately 15,500 Square Feet at 5 Hanover...
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.
HUDSON REALTY CAPITAL LLC FUNDS $10.2 MILLION CONSTRUCTION LOAN FOR PROPOSED MIXED-USE BUILDING IN...
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.
Jones Lang LaSalle Report Shows Lower Manhattan Resurgence Sets Stage for Next Great Transformation
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.
Ronnie Cohen Joins Keller Williams NYC
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
HARLEM CONDOMINIUM DEVELOPMENT, PS90, OFFERS “BACK TO SCHOOL” INCENTIVE
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.
Jones Lang LaSalle Closes $136+ Million Sale of Times Square Retail Property
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.
HUDSON REALTY CAPITAL LLC FUNDS $5.65 MILLION DPO FINANCING FOR MIXED-USE PROPERTY IN NEW...
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.
Walgreens to Create New Manhattan Flagship at the Empire State Building By Exchanging Concourse...
NEW YORK CITY, NY - August 25, 2011 - (RealEstateRama) -- The Empire State Building and Walgreens have completed a transaction to benefit the building’s neighborhood, tenants, and visitors to its world-famous Observatories. Walgreens, the nation’s largest drugstore chain, has just renewed its lease on the ground floor of the building’s corner at Fifth Avenue and 33rd Street, and exchanged 10,000 square feet on the concourse level of the property for 10,000 square feet on the second floor.
Starbucks Takes Remaining Retail Space at W&H’s 1350 Broadway
NEW YORK CITY, NY - August 25, 2011 - (RealEstateRama) -- Starbucks has taken the last remaining retail space at W&H Properties’ 1350 Broadway, completing the retail repositioning of the property, announces Anthony E. Malkin, president of Malkin Holdings, which supervises W&H Properties.
PCCP, LLC Provides $23.75 Million Senior Loan to Finance the Recapitalization of a Class...
New York, NY - August 24, 2011 - (RealEstateRama) -- PCCP, LLC announced today it has provided a $23.75 million senior loan to Bala Cynwyd, PA-based Keystone Property Group. The loan facilitated the recapitalization of a five-building Class A office complex totaling just over 228,000 square feet within Sentry Park West in Blue Bell, PA (suburban Philadelphia). Keystone Property Group acquired the property in 2004. Located at 1777 Sentry Parkway West, the asset is situated near two major thoroughfares, the Pennsylvania Turnpike and Interstate 476
Tech consulting Company Leases Through Winoker Realty; Reflects Trend of Tech Companies Moving to...
NEW YORK CITY, NY - August 22, 2011 - (RealEstateRama) -- Jackobin Consulting Services, Inc., a consultancy firm that provides project management, staffing, and web services for technical companies, has leased 6,500 square feet at 1150 Avenue of the Americas, according to Corey Abdo, executive vice president and principal of Winoker Realty.
Former Oceana Restaurant Leased By Industry Vets In Deal Arranged By Sierra and CBRE
NEW YORK CITY, NY - August 22, 2011 - (RealEstateRama) -- The former home of Oceana restaurant at 55 East 54th Street off Madison Avenue has been leased on a long-term basis to a partnership that – after a nearly two-year search – plans to turn the 8,300-square-foot space into a striking new four-level Mediterranean food destination. Sierra Realty Corp.’s Executive Vice President Peter Braus and Managing Director Brad Schwarz represented the landlord, and Gregory Tannor of CBRE represented the tenant
Property Management Business is Booming at Sierra Realty
NEW YORK CITY, NY - August 22, 2011 - (RealEstateRama) -- Sierra Realty Corp. has increased its focus on the property management segment of its business of late, and results have been fruitful in both Manhattan and the surrounding boroughs, according to Sierra President James Wacht.
Children’s Museum of the Arts Set to Open Expanded Facility in Lower Manhattan on...
NEW YORK, NY - August 22, 2011 - (RealEstateRama) -- The Children’s Museum of the Arts (CMA) will open its new, expanded space at 103 Charlton Street on Oct. 1, 2011. The 10,000-square-foot former loading dock, located in the Hudson Square neighborhood west of SoHo, will triple the museum’s size and enable it to dramatically expand its arts programming.
KELLER WILLIAMS NYC WELCOMES DUDI SILBERBERG, FOUNDER OF THE DS GROUP
New York, NY - August 22, 2011 - (RealEstateRama) -- Keller Williams NYC (www.kwnyc.com), the Manhattan franchise of leading real estate firm Keller Williams Realty Inc., has announced the appointment of Dudi Silberberg, Founder of the DS Group, as a licensed real estate salesperson.
IDX, Inc. syncs New York real estate database to website of Broker Jennie Ng
EUGENE, OR - August 19, 2011 - (RealEstateRama) -- Jennie Ng and IDX, Inc. have joined forces to bring new levels of ease and accessibility to the Bronx, New York home search, by enabling a custom IDX solution onto her professional website. As a real estate broker, Ng has long had access to thousands of detailed property listings through the Westchester-Putnam (WPMLS)/Long Islan (MLSLI). Now, her clients can experience and view detailed proerty listings that were once solely reserved for real estate agents and brokers. Ng's IDX-synced website allows potential New York buyers to explore the database on their terms. Ng had made the right decision for her business and her clients by enabling an IDX solution for her website.
ROSE ASSOCIATES, INC. SIGNS 2,462 S.F. WITH POTBELLY AT 150 EAST 44TH STREET
New York , NY - August 18, 2011 - (RealEstateRama) -- Rose Associates, Inc. recently signed a 15-year lease with Potbelly at the Metropolis, a property located at 150 East 44th Street in Manhattan. The popular sandwich maker is now open and operating in the 2,462-square-foot space, which was formerly occupied by Benvenuto Café and is adjacent to a Chipotle restaurant.
Keller Williams NYC Appoints GieFaan Kim Associate Broker, The Bracha Group
New York, NY - August 17, 2011 - (RealEstateRama) -- Keller Williams NYC (www.kwnyc.com), the Manhattan franchise of leading real estate firm Keller Williams Realty Inc., has announced the appointment of GieFaan Kim as associate broker for the Bracha Group
Faris Lee Capital Completes $18 Million Recapitalization of a 200,000 SF Retail Center in...
New York, NY - August 17, 2011 - (RealEstateRama) -- Faris Lee Investments, the nation’s largest retail-specialized investment sales and advisory firm, along with Faris Lee Capital, has completed the $18 million recapitalization of a 200,000-square-foot retail center in Normal, IL on behalf of the owner, The Dial Companies, a large Midwest developer. Built in 2007, the center’s anchor tenants include Schnucks Grocery and a 14-screen Starplex Theater. The center is currently 70 percent occupied and has 12 outparcels available for future sale, lease or development
KELLER WILLIAMS NYC EXPANDS TO 100 AGENTS
New York, NY - August 16, 2011 - (RealEstateRama) -- Keller Williams NYC (www.kwnyc.com), the Manhattan franchise of leading real estate company Keller Williams Realty Inc., today announced it has grown to 100 agents since active hiring began in April.
Injunction Obtained in New York Loan Modification Scam Lawsuit Against Homesafe America, Inc.
NEW YORK, NY - August 16, 2011 - (RealEstateRama) -- This morning, Justice John M. Galasso of the Nassau County Supreme Court issued a sweeping order shutting down one of New York’s largest mortgage scam operations pending trial. The order is the most substantial victory to date in a year-long legal campaign against “loan modification scams” in New York and nationwide.
KELLER WILLIAMS NYC APPOINTS NEIL JORDAAN
New York, NY - August 15, 2011 - (RealEstateRama) -- Keller Williams NYC (www.kwnyc.com), the Manhattan franchise of leading real estate firm Keller Williams Realty Inc., has appointed Neil Jordaan as a licensed real estate salesperson.
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New York, NY - August 15, 2011 - (RealEstateRama) -- Keller Williams NYC (www.kwnyc.com), the Manhattan franchise of leading real estate firm Keller Williams Realty Inc., has announced the appointment of GieFaan Kim as associate broker for the Bracha Group.