ROSE ASSOCIATES NAMED MANAGING AGENT OF MOUNT SINAI RESIDENTIAL PORTFOLIO

New York, NY - January 13, 2011 - (RealEstateRama) -- Rose Associates, Inc. announced today that The Mount Sinai Medical Center’s Real Estate Division has named the firm exclusive managing agent of its residential staff housing portfolio. Rose will manage 25 apartment buildings for Mount Sinai, a portfolio comprised of more than 1,700 apartments and a total of 2 million square feet of space on the Upper East Side of Manhattan

Jones Lang LaSalle Closes Sale of Landmark Buffalo Corporate Headquarters for Duke Realty

BUFFALO, NY - January 13, 2011 - (RealEstateRama) -- Jones Lang LaSalle today announced it has closed the sale of the landmark corporate headquarters of HealthNow New York, Inc, the parent company of BlueCross BlueShield of Western New York for Duke Realty. Cole Real Estate Investments purchased the 430,458-square-foot, Class A office building located in Buffalo, New York. HealthNow will continue to lease the newly constructed LEED Silver Class A property through July 2024

Organic Green Grocer Now Open and Children’s Daycare Center Coming Soon at Fort Greene...

New York, N.Y. – January 13, 2011 – BRP Companies today announced that Greene-Ville Gardens, an organic grocery store is now open on the ground floor of The Clermont, a high-end residential rental development located at 150 Clermont Avenue in Fort Greene, Brooklyn. Carousel Children’s Center, a daycare center, is also set to open soon.

Jones Lang LaSalle Reports Long Island Office Market Continued to See Some Softening in...

NEW YORK, NY - January 11, 2011 - (RealEstateRama) -- Jones Lang LaSalle announced the Long Island office market continued to experience a slight softening throughout 2010. With numerous leasing opportunities available, space users showed heavy interest in top-quality spaces throughout Long Island, helping to fuel a rise in availabilities among Class B properties

SL Green Acquires Remaining 49.9% Ownership Interest in 521 Fifth Avenue

New York, NY - January 10, 2011 - (RealEstateRama) -- SL Green Realty Corp. (NYSE: SLG) today announced it has purchased City Investment Fund (CIF)'s 49.9% interest in 521 Fifth Avenue, thereby assuming full ownership of the building. The transaction values the consolidated interests at $245.7 million or approximately $502 per square foot.

Savanna and Monday Properties Secure $58 Million Financing For 386 Park Avenue South

New York, NY - January 6, 2011 - (RealEstateRama) -- Savanna and Monday Properties announced today the closing of a $58 million loan for 386 Park Avenue South. The new partners of the 20-story, Art Deco office building additionally announced that Chase Bank has signed an 11-year lease renewal of its 12,000-square-foot retail space.

88 MORNINGSIDE EARNS TOP HONOR AS THE FASTEST SELLING HARLEM DEVELOPMENT IN 2010

New York, N.Y. - January 6, 2011 - (RealEstateRama) -- Halstead Property Development Marketing today released data reflecting that 88 Morningside, a premier new development located on the corner of Morningside Avenue and 122nd Street, was this year’s fastest selling development in Harlem

RSS feeds and other online syndication of properties made simple with IDX Broker software

EUGENE, OR - January 4, 2011 - (RealEstateRama) -- New York City suburbs are now easier to find a home in, without ever leaving you own, thanks to the joint partnership between IDX, Inc. and Igor Krasnoperov. Krasnoperov has adopted the amazing IDX Broker software, giving him the unique ability to display thousand of Westchester-Putnam MLS (WPMLS) listings directly on his search page. Home seekers around Manhattan can now quickly search for homes all over Long Island and beyond, without ever stepping foot outside or riding the subway, on the new IDX enabled website of Krasnoperov.

Jones Lang LaSalle Reports Manhattan to End Year With Some Improvement in Vacancy Rates,...

NEW YORK, NY - January 4, 2011 - (RealEstateRama) -- Jones Lang LaSalle announced that vacancy rates fell in all property classes in the Midtown and Midtown South office submarkets during 2010. At the same time, Lower Manhattan posted a slight increase in vacancy rates in all property classes

THE ELLISON IN WEST HARLEM RECEIVES CERTIFICATE OF OCCUPANCY: BUILDING APPROVED FOR IMMEDIATE OCCUPANCY

New York, NY - December 28, 2010 - (RealEstateRama) -- Halstead Property Development Marketing today announced that the certificate of occupancy was received at The Ellison, a luxurious residential development in the heart of West Harlem at 2255 Adam Clayton Powell Jr. Blvd at 133rd Street

New York State home sales slow down in November

Albany, NY - December 23, 2010 - (RealEstateRama) -- New York State home sales continued to slow in November, falling by more than 8 percent from October and by nearly 32 percent from the November 2009 sales pace, according to preliminary single-family sales data accumulated by the New York State Association of REALTORS. The statewide median sales price continued to rebound from a year ago.

SL Green Realty Corp. Announces $0.10 Dividend on its Common Stock for Fourth Quarter...

New York, NY - December 16, 2010 - (RealEstateRama) -- SL Green Realty Corp. (NYSE: SLG) today reported that its board of directors has declared a dividend of $0.10 per share of common stock for the quarter ending December 31, 2010. The dividend is payable on January 14, 2011 to shareholders of record at the close of business on January 3, 2011.

CONSTRUCTION IS COMPLETE AT COLUMBIA COMMONS; CONDO DEVELOPMENT IN BROOKLYN’S COLUMBIA STREET WATERFRONT DISTRICT...

New York, NY - December 16, 2010 - (RealEstateRama) -- Halstead Property Development Marketing today announced that construction has been completed at Columbia Commons, a new residential development in Brooklyn’s Columbia Street Waterfront District.

SAVANNA PURCHASES 500,000-SQUARE-FOOT OFFICE BUILDING IN PRIME MIDTOWN LOCATION

New York, NY - December 14, 2010 - (RealEstateRama) -- Savanna, a New York-based real estate private equity firm with investments in $3 billion of real estate in the Northeast and Mid-Atlantic corridor, today purchased 1375 Broadway, a 513,401-square-foot corner office building located on Broadway and 37th Street, for $135 million. With this purchase, Savanna has acquired four New York City office buildings in 2010, totaling approximately 1.4 million square feet, including 386 Park Avenue South, 5 Hanover Square, 104 W. 40th Street and now 1375 Broadway.

WINDOWS ON 123 IN HARLEM IS 50% SOLD

New York, N.Y. - December 9, 2010 - (RealEstateRama) -- Halstead Property Development Marketing today announced that Windows on 123, a premier luxury condominium development in Harlem, is now 50% sold.

Perpetrator of $50 Million Real Estate Ponzi Scheme Sentenced to Six Years in Prison

PREET BHARARA, - December 8, 2010 - (RealEstateRama) -- the United States Attorney for the Southern District of New York, announced that ANTOINETTE HODGSON was sentenced yesterday in Manhattan federal court to six years in prison for running a $50 million real estate Ponzi scheme that fraudulently solicited investments from over 20 New York and New Jersey investors. HODGSON operated the scam between 2006 and her arrest in early 2010, tricking investors into providing money to her for purported investments in real estate when, in fact, HODGSON was simply using the money to pay off other investors in the scheme and to enrich herself and her family members. HODGSON previously pled guilty on September 14, 2010, to one count of conspiracy to commit wire fraud and one count of wire fraud. The sentence was imposed by U.S. District Judge ROBERT W. SWEET.

Kent Swig Joins New York City Comptroller John Liu To Light World’s Largest Menorah

New York, NY - December 8, 2010 - (RealEstateRama) -- In celebration of Chanukah, Kent M. Swig, President of Swig Equities LLC, joined New York City Comptroller John Liu, Rabbi Shmuel Butman and Michael Wainstein in lighting the world’s largest menorah on December 2, 2010, marking the second night of Chanukah.

HALSTEAD PROPERTY DEVELOPMENT MARKETING SIGNS ON TO COMPLETE SALES FOR 5TH ON THE PARK

New York, NY - December 8, 2010 - (RealEstateRama) -- Halstead Property Development Marketing today announced they have signed on as the new, exclusive sales and marketing agent for 5th on the Park, a new, full-service residential high-rise on Upper Fifth Avenue.

PS90, NEW CONDO DEVELOPMENT IN HARLEM, IS NOW 50% SOLD

New York, NY - December 7, 2010 - (RealEstateRama) -- West 147th Associates LLC and Halstead Property Development Marketing today announced that 50% of units are sold at PS90, a circa 1905 gothic style elementary school restored into a residential condominium in Harlem.

Mayor Bloomberg, Deputy Mayor Steel, Deputy Mayor Goldsmith, and Borough President Markowitz Announce Plan...

December 7, 2010 - (RealEstateRama) -- Mayor Michael R. Bloomberg, Deputy Mayor for Economic Development Robert K. Steel, Deputy Mayor for Operations Stephen Goldsmith and Brooklyn Borough President Marty Markowitz today announced a plan to transform part of the City-owned Brooklyn Municipal Building into a vibrant retail use. The City issued a Request for Proposals (RFP) today seeking a developer or commercial business to buy or lease 37,000 square feet on the ground floor and second floor of the building at 210 Joralemon Street in Downtown Brooklyn.

SL Green Announces an Agreement to Acquire New York City Office and Retail Real...

New York, NY - December 6, 2010 - (RealEstateRama) -- SL Green Realty Corp. (NYSE: SLG) and Gramercy Capital Corp. (NYSE: GKK) today announced an agreement for SL Green to purchase investments from Gramercy Capital Corp. for an aggregate price of $390.8 million, including the assumption of $265.6 million in debt. The transactions, which are expected to close within the next 90 days, are subject to the satisfaction of certain conditions

Catskill getaway homes and properties made available in simple online property search

EUGENE, OR - December 3, 2010 - (RealEstateRama) -- Real estate broker Nancy Fredericks has enabled a customized IDX solution for her realty website, thanks to IDX, Inc. Now, thousands of Sullivan County MLS (SCMLS) listings are available with the click of a mouse for those searching for property in and around the famous Catskill area of New York. With the amazing IDX technology, it is no wonder Fredericks and her real estate website are a trusted name in local realty.

ELITE GROUP OF REBNY BROKERS EARN “NEW YORK RESIDENTIAL SPECIALIST” DESIGNATION

New York, NY - December 2, 2010 - (RealEstateRama) -- In the latest sold-out session of The Real Estate Board of New York’s (REBNY’s) New York Residential Specialist (NYRS) course, 29 leading real estate agents earned the esteemed NYRS designation last month. The elite set with the credential, which denotes that a broker has received the highest level of education available, is made up of a powerful peer group committed to ethical behavior and professional excellence in sales and marketing. The growing numbers of NYRS graduates, which now total more than 150, demonstrates REBNY brokers’ commitment to raising the bar

NYU FURMAN CENTER NEW YORK CITY QUARTERLY HOUSING REPORT REVEALS HOUSING MARKET APPEARS TO...

December 1, 2010 - (RealEstateRama) -- NYU’s Furman Center for Real Estate and Urban Policy released, for the first time, a quarterly update on six key indicators of housing market performance, based on a variety of administrative data sources.

Construction is Complete at +aRt, New Condo Development in West Chelsea

New York, NY - November 30, 2010 - (RealEstateRama) -- Ekstein Development announced today that construction has been completed and TCO was received last week at +aRt, a new premium condominium development located in the heart of West Chelsea’s art district at 540 West 28th Street.