Jones Lang LaSalle Completes 6 Deals Totaling 18,589 SF at 400 Madison Avenue for...

NEW YORK, NY - February 22, 2011 - (RealEstateRama) -- Jones Lang LaSalle has completed four new direct leases and two renewal transactions for William Macklowe Company at 400 Madison Avenue in Manhattan, with all six deals totaling 18,589 square feet. The new leases include Edge Technology Group LLC signing for 3,740 square feet, Atlantic-Pacific Capital Inc. taking 3,414 square feet, Equator LLC leasing 2,706 square feet and Healthcare Value Capital LLC signing for 2,700 square feet. In addition, Radius Ventures LLC renewed its 3,865-square-foot lease, and Security Asset Management Inc. renewed its lease for 2,164 square feet at the 200,000-square-foot office building.

CIVIL COURT JUDGE RULES AGAINST TENANT CLAIMING RENT-STABILIZED APARTMENT WAS PRIMARY RESIDENCE

NEW YORK, NY - February 17, 2011 - (RealEstateRama) -- The owner of 27 East 62nd Street in Manhattan has prevailed in obtaining possession of a valuable rent stabilized apartment by establishing that the tenant primarily lived at his homes in Long Island and Florida. The case was decided by Judge Joseph Capella in a Housing Court case in the Civil Court of the City of New York.

GREAT BUYING OPPORTUNITIES AT WOODSIDE KNOLLS WILL BE HIGHLIGHTED AT PRESIDENT’S DAY OPEN HOUSE...

TOWN OF WALLKILL, N.Y. - February 17, 2011 - (RealEstateRama) -- A President’s Day Open House will be held on February, 21st for prospects interested in purchasing one of the limited number of homes still available at Woodside Knolls, Orange County’s fastest-selling new residential community

BRONX APARTMENT BUILDING WORKERS REJECT MANAGEMENT’S CONTRACT PROPOSAL

New York, NY - February 17, 2011 - (RealEstateRama) -- Apartment building workers have rejected a contract proposal from the Bronx Realty Advisory Board (BRAB), a real estate industry association representing Bronx building owners, saying management’s demands to cut healthcare and retirement are unacceptable.

Swig Equities Purchases Renewable Green Energy for Commercial Portfolio in Manhattan’s FiDi Neighborhood

New York, NY - February 16, 2011 - (RealEstateRama) -- Kent M. Swig, President of Swig Equities, LLC, is pleased to announce that the firm has purchased clean, renewable energy for 80% of its commercial office buildings in Manhattan’s FiDi (Financial District) neighborhood. Swig Equities signed a one-year contract with Green Mountain Energy Company for the company to provide green electricity from sustainable sources

Jones Lang LaSalle Recruits Shawna Menifee to Grow Client Services in New York Metropolitan...

NEW YORK, NY - February 16, 2011 - (RealEstateRama) -- Jones Lang LaSalle announced that Shawna Menifee has joined the firm as an executive vice president with its New York operations. She will be responsible for cultivating new business relationships throughout the United States with an emphasis on the New York metropolitan area.

Ellington On The Park Sees Traffic Increase, Three Units Have Closed in the Past...

New York, NY - February 14, 2011 - (RealEstateRama) -- The developers of Ellington on the Park, one of Harlem’s most successful new cooperative developments, have reported increased sales activity at the building since the beginning of 2011. Three homes have sold and closed in the past month, with marked interest in the property’s 16 remaining one-, two- and three-bedroom residences.

TMS Funding Hires Leading Account Executive John O’Brien To Expand Growth In Wholesale Lending...

MILFORD, CT - February 8, 2011 - (RealEstateRama) -- TMS Funding, the wholesale residential lending channel of Total Mortgage Services, LLC, announced today the hiring of John O’Brien as Wholesale Account Executive. Mr. O’Brien, an experienced mortgage professional with many years of successful sales leadership in start-up and territory expansion, has been hired to develop new business relationships and educate, train and support high quality mortgage brokers in their respective markets. In his new role, Mr. O’Brien will be focused on building broker relationships and servicing brokers throughout the New York marketplace.

CONTRACT TALKS BEGIN FOR 3000 Bronx APARTMENT BUILDING WORKERS

New York, NY - February 8, 2011 - (RealEstateRama) -- Negotiations for a new, multi-year contract began today between the Bronx Realty Advisory Board (BRAB), a real estate industry association representing most Bronx building owners, independent building owners and managers outside of the BRAB and 32BJ SEIU, the largest private sector union in New York. The contracts, which expire Tuesday, March 15th, cover more than 3,000 building superintendents, janitors, handypersons, porters, firepersons, doormen, elevator operators and garbage handlers working at more than 1,000 apartment buildings throughout the Bronx

JANUARY’S RAPID SALES PACE LEAVES ONLY FIVE UNITS ON THE MARKET AT COLUMBIA COMMONS

New York, N.Y. - February 7, 2011 - (RealEstateRama) -- Halstead Property Development Marketing today announced that Columbia Commons, a new residential development in Brooklyn’s Columbia Street Waterfront District, has started its final phase of sales with only five units remaining

MESA WEST CAPITAL PROVIDES SAVANNA WITH $47 MILLION TO RECAPITALIZE RECENTLY ACQUIRED 5...

New York, NY - February 7, 2011 - (RealEstateRama) -- Mesa West Capital has provided the new owners of 5 Hanover Square in Lower Manhattan with $47 million in first mortgage financing secured by the 25-story, 333,000 square-foot office building, according to Mesa West Principal Raphael Fishbach who originated the financing

ORANGE COUNTY, N.Y. RENTAL COMMUNITY TAKES SHAPE

MIDDLETOWN, N.Y. - February 4, 2011 - (RealEstateRama) -- The Point at Sutton Hill, the newest phase of the Sutton Hill rental community in the Orange County town of Middletown, is quickly taking shape with a flurry of development and leasing activity being reported.

Bankrate: Mortgage Rates Hold Steady

NEW YORK, N.Y. - February 3, 2011 - (RealEstateRama) -- Mortgage rates showed little movement this week, with the benchmark conforming 30-year fixed mortgage rate inching higher to 5.02 percent according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.40 discount and origination points

SL Green Realty Corp. and The Moinian Group Complete Recapitalization of 3 Columbus Circle

New York, NY - January 31, 2011 - (RealEstateRama) -- SL Green Realty Corp. (NYSE: SLG), New York City's largest owner of commercial office properties, and The Moinian Group, headed by national developer Joseph Moinian, today announced they have completed the recapitalization of 3 Columbus Circle - a Midtown Manhattan office tower currently in the final stage of a comprehensive building wide redevelopment

Jones Lang LaSalle Completes 10,793-SF Lease for Ownership With Cortview Capital Securities at 650...

NEW YORK, January 31, 2010 — Jones Lang LaSalle has completed a new direct lease for building owner 650 Fifth Avenue Co. with Cortview Capital Securities Inc. at 650 Fifth Avenue. The broker-dealer signed a five-year lease for 10,793 square feet at the Class A, 395,000-square-foot office building.

PAULA DEL NUNZIO OF BROWN HARRIS STEVENS REPRESENTS SELLER OF HIGHEST SALE OF A...

NEW YORK, NY - January 31, 2011 - (RealEstateRama) -- Paula Del Nunzio, Senior Vice President, Managing Director of Brown Harris Stevens, represented the seller of the Duke-Semans Mansion at 1009 Fifth Avenue, which sold for $44 million in 2010, the highest residential townhouse sale of 2010, and a 10 percent increase over the $40 million the owners paid in 2006.

Easy-to-use IDX solution revolutionizes Hudson Valley, New York online property search

EUGENE, OR - January 27, 2011 - (RealEstateRama) -- The New York home search just got easier, thanks to the partnership between IDX, Inc. and Geoffrey Green. The transformation of The Green Team website Green hosts is possible with the dynamic IDX Broker software he now supports on his search page. Greater Hudson Valley MLS (GHVMLS) listings are even synced with his website, displaying thousands of properties effortlessly. Now, potential buyers can experience a thorough property search online, without leaving the comfort of their own home or the convenience of the website of Green.

Paul Formichelli of Jones Lang LaSalle Elected President of NAIOP’s New York Chapter

NEW YORK, NY - January 25, 2011 - (RealEstateRama) -- Paul Formichelli, senior vice president, with Jones Lang LaSalle’s New York office was elected earlier this month as president of the New York chapter of NAIOP.

Jones Lang LaSalle Hires 3 Real Estate Professionals in Manhattan

NEW YORK, NY - January 25, 2011 - (RealEstateRama) -- Jones Lang LaSalle announced that Jonathan Tootell, Daniel Turkewitz and Diana Biasiotti have joined the firm’s New York office. The three senior-level brokers will be responsible for new business development, and tenant and agency leasing services throughout the New York metropolitan area.

Max Spann Takes Manhattan

NEW YORK, NY - January 24, 2011 - (RealEstateRama) -- Max Spann Real Estate & Auction Co., the prominent and well established real estate auction house that has seen its business grow nationally from its base in the Northeast and Mid-Atlantic region, is opening an office in New York City

Jones Lang LaSalle Reports Improved Fundamentals in Fairfield County, Westchester County in Fourth Quarter...

STAMFORD, CT - January 20, 2011 - (RealEstateRama) -- Jones Lang LaSalle announced that the recovery of the Fairfield County, Conn., commercial office market picked up steam in the final quarter of 2010. Meanwhile, job growth continued to fuel improving fundamentals in Westchester County, N.Y. Strong leasing activity in both office markets helped stabilize overall average asking rental rates and fuel overall vacancy rate decreases.

STATE-OF-THE-ART TECHNOLOGY SYSTEMS AVAILABLE TO RESIDENTS OF SOLEIL LOFTS IN JERSEY CITY

JERSEY CITY, N.J. - January 20, 2011 - (RealEstateRama) -- The developers of Soleil Lofts, a converted residential development in the South Journal Square area of Jersey City, today unveiled its cutting edge technology systems that will provide a high level of convenience and security to all residents.

Alternative Grocery Store, Downtown Co-op, Now Open in Retail Space at Hamilton Square in...

Jersey City, NJ - January 19, 2011 - (RealEstateRama) -- SILVERMAN, the developers of Hamilton Square, a premier adaptive reuse and new construction development in the Hamilton Park neighborhood of Jersey City, today announced that a new grocery store committed to local, organic, and conscientious consumerism, Downtown Co-op (http://www.downtowncoop.com/) is now open.

Jones Lang LaSalle Reports Turnaround for Midtown Trophy Buildings in its Winter 2010 Skyline...

NEW YORK, NY - January 18, 2011 - (RealEstateRama) -- Jones Lang LaSalle reported in its winter 2010 Skyline Review that Midtown’s trophy office buildings posted the first increase in average asking rental rates since spring 2008. In the second half of 2010, the submarket’s high-end buildings saw rents grow by 6.8 percent compared with a 1.2 percent drop in rents in the first half of the year. Rates for Midtown’s highest-quality spaces increased to $77.65 per square foot in winter 2010 from $72.71 per square foot six months earlier

CLOSINGS AND MOVE-INS HAVE BEGUN AT COLUMBIA COMMONS: FAST- SELLING CONDO DEVELOPMENT IN BROOKLYN’S...

New York, N.Y. - January 18, 2011 - (RealEstateRama) -- Halstead Property Development Marketing today announced that closings and move-ins have begun at Columbia Commons, a new residential development in Brooklyn’s Columbia Street Waterfront District.