Jones Lang LaSalle Completes 46,000-SF Sublease for Fred Alger Management at 360 Park Avenue...

NEW YORK, NY - March 17, 2011 - (RealEstateRama) -- Jones Lang LaSalle has completed a sublease transaction for Fred Alger Management Inc. at 360 Park Avenue South with Reed Elsevier. Alger, a premier investment management firm, signed a 10-year sublease for 46,000 square feet at the 442,800-square-foot, Class A office building

AZURE RELEASES THE TOWER RESIDENCES

New York, NY - March 17, 2011 - (RealEstateRama) -- Azure, the premier new residential building on the Upper East Side, today announced the release of the Tower Residences featuring corner residences with floor-to-ceiling windows and dramatic river and city views.

HARLEM CONDO DEVELOPMENT, PS90, ANNOUNCES 60% OF UNITS ARE CLOSED OR IN CONTRACT

New York, NY - March 16, 2011 - (RealEstateRama) -- Halstead Property Development Marketing and West 147th Street Associates LLC today announced that 60% of the units are closed or under contract at PS90, a premier residential development in Harlem.

MERS Victorious in New York Supreme Court

Reston, Virginia - March 15, 2011 - (RealEstateRama) -- The Supreme Court of the State of New York, County of Bronx on March 3 held that the mortgage document granted broad powers to MERS to act as an agent for the lender, including the power to foreclose on the loan and to assign it.

BRONX APARTMENT WORKERS WIN NEW CONTRACT THAT RAISES WAGES, PROTECTS FAMILY HEALTHCARE

Bronx, NY - March 15, 2011 - (RealEstateRama) -- 32BJ and the Bronx Realty Advisory Board (BRAB) reached a tentative four-year agreement this evening for more than 3,000 apartment building workers that provides annual wage increases while maintaining employer-paid family health care and secured pension benefits. The agreement narrowly averted a strike, which would have affected 250,000 Bronx residents throughout the borough including Riverdale and the South Bronx.

NEW COMPANY ANNOUNCEMENT: SKYLINE PROPERTIES NEW MIDTOWN MANHATTAN LOCATION

New York, NY - March 15, 2011 - (RealEstateRama) -- Skyline Properties is pleased to announce the opening of its new midtown Manhattan location. Our firm’s objective is to provide real estate solutions to the most prominent institutional and private property owners, individual investors and developers in the Manhattan area.

NEW ART EXHIBIT “WELL HUNG” OPENS AT +ART, NEW CONDO DEVELOPMENT IN WEST CHELSEA

New York, NY - March 15, 2011 - (RealEstateRama) -- +aRt , a new premium condominium development located at 540 West 28th Street, is pleased to announce the opening of “Well Hung,” a new art exhibition curated by Mikhail Sokovikov and Jason Aaron Wall, artists known as Mint&Serf.

APEX CONDOMINIUMS IN HISTORIC HARLEM NOW 20% SOLD AS PUBLIC RESPONDS TO UNIQUE BUYING...

MANHATTAN, NY - March 15, 2011 - (RealEstateRama) -- The renaissance of Harlem’s Frederick Douglas Boulevard corridor is on full display at Apex Condominiums where 20% of the new residences have already been sold, according to owner/developer RCG Longview and The Marketing Directors, Inc., the property’s exclusive sales and marketing agent

New York Trophy Buildings Post First Increase in Average Asking Rents Since Spring 2008

NEW YORK, NY - March 11, 2011 - (RealEstateRama) -- After two years of steady new development deliveries and increasing sublease options, supply dynamics have stabilized, rents have bottomed out and landlords have begun to scale back tenant improvement allowances at top office properties across the U.S. and Canada, according to the first-ever North American Skyline Review from Jones Lang LaSalle. As a result of these supply-demand dynamics, investor interest for this type of product has heated up, causing activity and pricing to jump and yields to compress.

AS BRONX STRIKE LOOMS, APARTMENT BUILDING WORKERS RALLY FOR A FAIR CONTRACT

New York, NY - March 11, 2011 - (RealEstateRama) -- With a potential strike less than a week away, hundreds of apartment building workers, along with elected officials and community and union supporters, rallied today in the Bronx to call on the Bronx Realty Advisory Board (BRAB), an industry association representing building owners, to sign a fair agreement before their contract expires at 12:01 A.M. on March 15th.

AS STRIKE LOOMS, BRONX APARTMENT BUILDING WORKERS TO RALLY

New York, NY - March 9, 2011 - (RealEstateRama) -- With a potential strike less than a week away, apartment building workers will march and rally in the Bronx to call on the Bronx Realty Advisory Board (BRAB), an industry association representing building owners, to sign a fair agreement before their contract expires at 12:01 A.M. on March 15th

Jones Lang LaSalle Selected by Shorenstein Realty Services to Lease 850 Third Avenue

NEW YORK, NY - March 9, 2011 - (RealEstateRama) -- Jones Lang LaSalle has been selected by Shorenstein Realty Services LP as exclusive leasing agent for 850 Third Avenue, also known as the Discovery Building. The company will be responsible for commercial leasing and marketing efforts at the 613,664-square-foot, Class A office building.

Savanna Announces 7,500-Square-Foot Office Lease at 5 Hanover Square

New York, NY - March 8, 2011 - (RealEstateRama) -- Savanna, a New York-based real estate private equity and asset management firm, today announced that Odyssey Financial Technologies has signed a 10-year lease for 7,500 square feet of commercial office space at 5 Hanover Square in Manhattan’s Financial District. The asking rents in the building start in the low $30’s per square foot. The company, a global banking software solutions provider, will occupy part of the 20th floor of the 333,000-square-foot, 25-story building, which is currently undergoing a comprehensive capital improvement plan.

TOWN OF WALLKILL, N.Y. - March 4, 2011 - (RealEstateRama) -- Less than 25 homes remain available at Woodside Knolls, giving interested buyers limited opportunity to become a part of Orange County’s fastest-selling new residential community

208 WEST 96TH STREET COMPLETES CONSTRUCTION & LAUNCHES SALES

New York, NY - March 3, 2011 - (RealEstateRama) -- As the last finishing touches are being put in place, 208 West 96th Street, the Upper West Side’s newest contemporary boutique condominium, officially launches sales this week. This milestone marks a new and exciting sales phase for Halstead Property Development Marketing, LLC, the exclusive selling agent, who is poised to introduce the building, featuring modern architecture and meticulously thought out floor plans with a distinctive metal façade and is comprised of nine move-in ready three-bedroom, three-bath full floor homes.

Maloney statement on FHA Refinance Amendment

WASHINGTON, DC - March 3, 2011 - (RealEstateRama) -- Rep. Carolyn Maloney (D-NY) today introduced an amendment to H.R. 830, "FHA Refinance Program Termination Act", sponsored by Rep Robert J. Dold (R-IL), to require 500,000 additional underwater mortgages be refinanced by the Federal Housing Administration before the refinance program is terminated. Maloney made the following statement in introducing the amendment today in a markup on the bill before the House Financial Services Committee:

BAKER RESIDENTIAL TO HIGHLIGHT WOODSIDE KNOLLS LIMITED INVENTORY OF QUICK DELIVERY HOMES ON SATURDAY,...

TOWN OF WALLKILL, N.Y. - March 3, 2011 - (RealEstateRama) -- Less than 25 homes remain available at Woodside Knolls, giving interested buyers limited opportunity to become a part of Orange County’s fastest-selling new residential community

Full-service brokerage firm adopts IDX Broker software for Rochester real estate search page and...

EUGENE, OR - March 2, 2011 - (RealEstateRama) -- IDX Broker software has been uploaded onto the comprehensive real estate website of Broker Christopher Thomas, making finding a home in the Rochester, New York area monumentally easier by syncing a search results page with thousands of New York State Alliance (NYSAM) listings. Instantly, home seekers can experience an unprecedented level of freedom and control over their respective searches by utilizing the immensely helpful tool IDX Broker and Thomas have integrated into the online real estate search for New 2 U Homes

Jones Lang LaSalle Selected by William Macklowe Company, ING Clarion Partners to Lease 636...

NEW YORK, NY - March 1, 2011 - (RealEstateRama) -- Jones Lang LaSalle has been selected by William Macklowe Company and ING Clarion Partners as exclusive leasing agent for 636 Avenue of the Americas. Jones Lang LaSalle will be responsible for leasing and marketing efforts at the 90,000-square-foot, Class A office building recently acquired by a joint venture between WMC and ING Clarion.

47 DEAN STREET, NEW DEVELOPMENT IN BOERUM HILL IS 60% SOLD IN JUST THREE...

New York, NY - February 28, 2011 - (RealEstateRama) -- Halstead Property Development Marketing today announced that 60% of units are under contract at 47 Dean Street, a premium condominium development located at 47 Dean Street in Boerum Hill, Brooklyn

MOTION FILED IN NYS SUPREME COURT TO BLOCK SPRING STREET SANITATION “OVERSIZED”...

New York City, NY - February 28, 2011 - (RealEstateRama) -- The Tribeca Community Association, the Community Sanitation Steering Committee, downtown residents, business and commercial property owners have filed a motion in New York State Supreme Court seeking to halt imminent construction activity at 353 Spring Street to build a “Mega” Three District Sanitation Garage and Salt Shed at Spring Street next to the Holland Tunnel in Hudson Square at a cost of nearly $500 MILLION dollars.

Jones Lang LaSalle Hires Seasoned Industrial Real Estate Professionals to Strengthen Client Services in...

MELVILLE, NY - February 25, 2011 - (RealEstateRama) -- Jones Lang LaSalle has hired four seasoned real estate professionals who will be based out of the firm’s Long Island office. Reid Berch, Thomas DiMicelli and Douglas Omstrom will join the company as senior vice presidents and Joseph Lagano II will join as an associate. They will provide a wide range of industrial real estate services — including property sales, tenant representation and agency leasing — throughout Nassau and Suffock counties, and in Queens

HPD AND CPC LAUNCH “NYC Green House” FOR BUILDING OWNERS

New York, NY - February 23, 2011 - (RealEstateRama) -- The New York City Department of Housing Preservation and Development (HPD) and the Community Preservation Corporation (CPC) announced the launch today of NYC Green House, a broad-based knowledge source and online resource guide for multifamily property owners who want to save money by going green

Jones Lang LaSalle Promotes Frank Doyle to Vice Chairman

NEW YORK, NY - February 23, 2011 - (RealEstateRama) -- Jones Lang LaSalle announced that Frank Doyle has been promoted to vice chairman of its New York brokerage operation.

Jones Lang LaSalle Markets Iconic Park Avenue Apartment Building in New York

NEW YORK, NY - February 23, 2011 - (RealEstateRama) -- Jones Lang LaSalle today announced its New York Capital Markets team has been chosen to market an iconic luxury rental building known as 737 Park Avenue for sale in New York City. This 20-story, pre-war multifamily building is located at the crest of Lenox Hill, just two blocks from Central Park in Manhattan. The property, owned by Katz 737 Corporation, has been in the same family for 65 years.