AS BED BUG SEASON ARRIVES INDUSTRY EXPERTS ADDRESS NYC BED BUG REGULATIONS & DISCUSS...
April 18, 2011 - (RealEstateRama) -- As the warm weather arrives, bringing bed bug season with it, a group of industry experts will discuss New York City’s new bed bug regulations and the possibility of additional regulation for hotels and office buildings. The discussion will also address proposed standards and procedures for effective bed bug detection and prevention.
Jones Lang LaSalle Reports Slow Improvement to Fairfield County, Westchester County Office Markets in...
STAMFORD, CT, April 18, 2011 — Jones Lang LaSalle announced the Fairfield County, Conn., commercial office market continued to see slowly improving fundamentals in the first quarter of 2011. Although Westchester County recorded strong job growth in many areas this quarter, vacancy rates rose in many of the county’s submarkets. Fairfield County posted stagnant or falling average asking rental rates while Westchester County saw slight rate increases countywide
RENTERS LEASE 28% OF ARIAS PARK SLOPE IN FIRST THREE WEEKS
BROOKLYN, NY - April 18, 2011 - (RealEstateRama) -- Strong public interest quickly turned to spirited leasing activity as an impressive 28% of the 95 upscale rental residences have been leased in the first three weeks at Arias Park Slope, the new Ismael Leyva-designed building located on 4th Avenue in this sought-after Brooklyn neighborhood.
Jones Lang LaSalle Selected by KBS Realty Advisors to Lease 619 West 54th Street...
NEW YORK, NY - April 15, 2011 - (RealEstateRama) -- Jones Lang LaSalle has been selected by building owner KBS Realty Advisors Inc. as exclusive leasing agent for 619 West 54th Street. The company will be responsible for commercial leasing and marketing efforts at the Class A, 301,000-square-foot office building.
Bright spots include Brooklyn’s apartment prices up 9% over last year
NEW YORK, NY - April 14, 2011 - (RealEstateRama) -- New York City¡¦s only comprehensive residential sales report released today found that home prices increased in the first quarter of 2011 over the same time last year, showing a continuing trend of rising home values. The number of transactions in the quarter, however, was relatively flat rising just two percent compared to fourth quarter 2010. The report was published by ResidentialNYC.com, the public real estate listings Web site of the Real Estate Board of New York (REBNY).
2280 FDB, RESIDENTIAL DEVELOPMENT IN HARLEM, COLLABORATES WITH PRATT GROUPS FOR TWO-WEEK ART EXHIBITION
New York, N.Y. - April 13, 2011 - (RealEstateRama) -- RGS Holdings, the developers of 2280 FDB, a 12-story, 89-unit residential development located in the heart of Harlem in conjunction with Goldman Sachs Urban Investment Group and JP Morgan Chase Community Development, is pleased to present The Pratt Harlem Project, an exhibition in collaboration with Pratt and Harlem artists, opening to the public on April 14, 2011.
Jones Lang LaSalle Completes 50,000-SF Renewal for Gagosian Gallery at 980 Madison Avenue
NEW YORK, NY - April 13, 2011 - (RealEstateRama) -- Jones Lang LaSalle has completed a lease renewal for Gagosian Gallery at 980 Madison Avenue in Manhattan with RFR Realty LLC. The art gallery signed for slightly more than 50,000 square feet of space for 10 years at the 90,882-square-foot, Class A office building.
HALSTEAD PROPERTY DEVELOPMENT MARKETING HOSTS OPEN HOUSE WEEKEND IN MAJOR PROMOTION FEATURING 15 TOP...
New York, NY - April 13, 2011 - (RealEstateRama) -- Halstead Property Development Marketing today announced they will showcase 15 developments in a joint open house during the weekend of April 16, 2011.
CUSHMAN & WAKEFIELD BROKERS WESTCHESTER MULTIFAMILY TRADE
OSSINING, N.Y. - April 7, 2011 - (RealEstateRama) -- Claremont Gardens Apartments, a 183-unit rental property in Ossining, has sold in Westchester County’s largest year-to-date multifamily trade, announced commercial real estate services firm Cushman & Wakefield, Inc. The firm’s Metropolitan Area Capital Markets Group, based in East Rutherford, N.J., brokered the $14 million transaction, representing the seller, Claremont Gardens Associates, and procuring the undisclosed buyer.
THE MARKETING DIRECTORS LANDS FOUR NEW BUILDINGS IN MANHATTAN, BROOKLYN AND STATEN ISLAND
NEW YORK, NY - April 6, 2011 - (RealEstateRama) -- With a 30-year track record of success and such current notable sales achievements as The Sheffield and Linden 78 on Manhattan’s Upper West Side, The Marketing Directors, Inc. has been brought on to oversee the marketing, sales and leasing of four new residential buildings throughout New York City.
BAKER RESIDENTIAL RELEASES FINAL HOUSING PHASE AT WOODSIDE KNOLLS, HOMES TO BE HIGHLIGHTED AT...
TOWN OF WALLKILL, N.Y. - April 6, 2011 - (RealEstateRama) -- Baker Residential will welcome interested homebuyers to Woodside Knolls on Saturday, April 16th to participate in one of the final “Homebuyer Seminars” to be offered at Orange County’s fastest-selling new residential community
Jones Lang LaSalle Reports Manhattan Office Market Saw Uneven Recovery in First Quarter of...
NEW YORK, NY - April 4, 2011 - (RealEstateRama) -- Jones Lang LaSalle announced that average asking rental rates rose slightly throughout much of Manhattan's office market in the first quarter of 2011. While Midtown South recorded a significant drop in vacancy rates in all property classes, the Midtown submarket posted the first increase in Class A vacancy rates in more than a year.
BROOKLYN’S NEWEST UPSCALE RENTAL BUILDING NOW OPEN IN HISTORIC PARK SLOPE
BROOKLYN, NY - April 4, 2011 - (RealEstateRama) -- Park Slope’s fast-emerging Fourth Avenue corridor has taken another significant step forward with the grand opening of Arias, a new ultra-chic rental building located in the heart of this vibrant Brooklyn neighborhood.
CLOSINGS AND MOVE-INS HAVE BEGUN AT +ART, NEW LUXURY CONDO DEVELOPMENT IN WEST CHELSEA’S...
New York, NY - March 31, 2011 - (RealEstateRama) -- Ekstein Development announced today that closings and move-ins have begun at +aRt, a new premium condominium development located in the heart of West Chelsea’s art district.
88 MORNINGSIDE OPENS DOORS TO NEWLY MODELED UNIT BY BOCONCEPT
New York, NY - March 30, 2011 - (RealEstateRama) -- Developers of 88 Morningside, a premier new development located on the corner of Morningside Avenue and West 122nd Street, has partnered with BoConcept, Denmark’s cutting-edge furniture chain, to create a special model with a “media room” -- an extra room in a one-bedroom apartment that some might refer to as a “man cave.”
BED BUG DETECTION SERVICE LAUNCHES ‘CONTAINMENT INSPECTION PROGRAM’ FOR RESIDENTIAL PROPERTY OWNERS
NEW YORK, NY - March 29, 2011 - (RealEstateRama) -- Bed Bug Super Dogs, an independent, NESDCA-certified bed bug detection service for the real estate industry, has initiated a “Containment Inspection Program” for New York City residential property owners and managers, who now face increased regulations on the inspection and treatment of bed bugs.
HARLEM’S WINDOWS ON 123 CONDOMINIUM UNVEILS MODEL APARTMENT DESIGNED BY BUILDING RESIDENT
New York, NY - March 29, 2011 - (RealEstateRama) -- Halstead Property Development Marketing today announced the opening of a new model apartment at Windows on 123, a new residential development in Harlem.
Swig Equities Announces Over 43,000 Square Feet of FiDi Leases in First Quarter 2011
New York, NY - March 29, 2011 - (RealEstateRama) -- Kent M. Swig, President of Swig Equities, LLC, is pleased to announce that the firm has completed 10 leasing transactions in its FiDi (Financial District) commercial office portfolio thus far in 2011, totaling over 43,000 square feet.
Jones Lang LaSalle Markets $30M Defaulted Loan on Manhattan Development Site for Sale
NEW YORK, NY - March 28, 2011 - (RealEstateRama) -- Jones Lang LaSalle is marketing a $30.5 million defaulted loan for sale. The loan, which is collateralized by 4,950-square-foot land development site at 276-280 Third Avenue in the Gramercy Park section of Manhattan, is scheduled to be sold at a foreclosure auction on March 30.
Jones Lang LaSalle Adds Wall Street Veteran to Capital Markets Business in New York
NEW YORK, NY - March 28, 2011 - (RealEstateRama) -- Jones Lang LaSalle announced today that it has hired Wall Street veteran Kellogg Gaines to the firm’s Americas Capital Markets business as part of firm’s overall expansion of its dedicated Real Estate Investment Banking expertise. Gaines joins as a Managing Director in the New York office where he will work with Co-Heads and Executive Managing Directors Tom Fish, Tom Melody and Mike Melody to lead the firm’s debt and equity sourcing and loan origination business in the New York region.
BRONX APARTMENT WORKERS RATIFY NEW 4-YEAR CONTRACT WITH WAGE HIKES AND FAMILY HEALTH CARE
New York, NY - March 25, 2011 - (RealEstateRama) -- Bronx apartment building workers late Thursday ratified a four-year agreement that provides a 6% wage increase over the life of the contract, fully employer-paid family health care coverage, pensions and protects all other benefits.
Jones Lang LaSalle Adds Four to New York Capital Markets Roster
NEW YORK, NY - March 25, 2011 - (RealEstateRama) -- Jones Lang LaSalle today announced Eric Herlands, Jason Gold, Joseph Sitt and Stephen Shapiro have joined the firm in the last several months as part of the firm’s New York City Capital Markets business as its investment sales team expands. The foursome is working under the direction of Vice Chairmen Richard Baxter, Jon Caplan, Ron Cohen and Scott Latham. Eric Herlands joins the firm as a Senior Vice President, while Jason Gold, Joseph Sitt and Stephen Shapiro each take on the role of Vice President.
CPC and Rockland Housing Action Coalition Join with Officials to Celebrate Completion of Murphy...
HAVERSTRAW, NY - March 24, 2011 - (RealEstateRama) --– Village, County and State officials joined today with representatives from The Community Preservation Corporation (CPC), the Rockland Housing Action Coalition (RHAC) and invited guests to celebrate the completion of Murphy Manor Apartments, the first quality-built affordable housing for families in Haverstraw.
Jones Lang LaSalle Inks 20,362-SF Renewal for Peppercom at 470 Park Avenue South in...
NEW YORK, NY - March 23, 2011 - (RealEstateRama) -- Jones Lang LaSalle has completed a 20,362-square-foot renewal transaction for Peppercom Inc. at 470 Park Avenue South. The strategic communications agency signed a 15-year lease renewal at the Class A, 290,000-square-foot building.
HARLEM’S 2280 FDB ANNOUNCES 51% OF UNITS ARE CLOSED OR UNDER CONTRACT
NEW YORK, NY - March 21, 2011 - (RealEstateRama) -- Halstead Property Development Marketing and RGS Holdings, LLC, in conjunction with Goldman Sachs Urban Investment Group and JP Morgan Chase Community Development, today announced that 51% of units are now closed or under contract at 2280 FDB, a 12-story, 89-unit residential development located in the heart of Harlem on Fredrick Douglass Boulevard between 122nd and 123rd Streets.