FORMER BRONX PUBLIC HOUSING TENANTS CELEBRATE HOMEOWNERSHIP

Low-income residents purchase and move into affordable renovated co-op units and thank NYCHA and other supporters for enabling the conversion. Bronx, N.Y. - September 11, 2009 - (RealEstateRama) -- Hundreds of former public housing residents in the Bronx welcomed the unlikely dream of affordable homeownership in once publicly-owned buildings and residents in Mott Haven hosted a family day celebration in honor of those who helped them realize the dream Saturday, September 12, at 12:30 p.m

Turner Selected To Manage $90 Million Of School Construction In Queens, N.Y. For New...

New York, N.Y. - August 28, 2009 - (RealEstateRama) -- Turner Construction Company has been selected by the New York School Construction Authority (SCA) to manage the $43 million renovation and addition to P.S./I.S. 42 in Arverne, Queens, N.Y. and the construction of the $47 million P.S./ I.S. 277 located in Jamaica, Queens, N.Y.

Turner Completes Largest Green Roof in New York City

Roof atop the United States Postal Service Morgan Mail Processing Facility is Part of the USPS’s Goal to Reduce Energy Usage by 30 Percent by 2015. New York, N.Y. - August 25, 2009 - (RealEstateRama) -- Turner Construction Company, the nation’s largest green builder, has substantially completed New York City’s largest green roof for the United States Postal Service (USPS) atop the 2.2 million sq. ft. Morgan Mail Processing Facility on West 28th Street between 9th and 10th Avenues.

Long Island Home Prices Stable Prices Returning to Pre-Boom Levels

West Babylon, NY - August 13, 2009 - (RealEstateRama) -- The Multiple Listing Service of Long Island, Inc., (MLSLI) released July’s 2009 home figures reporting a $375,000 closed median home price for Long Island.

Candlewood Suites Introduces New York City’s First Midscale Extended-Stay Hotel

New-build hotel near Times Square is the first of its kind in Manhattan, providing guests with an "apartment experience" at an attractive price in a prime location. ATLANTA, GA - August 5, 2009 - (RealEstateRama) -- Start spreading the news - Candlewood Suites has arrived in New York City. As the city's first midscale extended-stay hotel, the Candlewood Suites is bringing a full-scale apartment experience at a midscale hotel price to business and leisure travelers at a prime location just one block from Times Square.

Second quarter housing market grows 55 percent; June New York State home sales up...

Albany, NY - July 23, 2009 - (RealEstateRama) -- The New York State housing market continued to show positive sales growth as the second quarter came to a close, fueled by a 30-percent increase in statewide sales between May and June, according to preliminary single-family sales data accumulated by the New York State Association of REALTORS. Statewide existing single-family sales also posted a 55-percent increase in the 2009 second quarter compared to the first three months of the year.

Turner Selected by New York City Economic Development Corporation to Manage the Demolition of...

New York, NY - July 16, 2009 - (RealEstateRama) -- Turner Construction Company, the nation’s leading general builder, has been selected by New York City Economic Development Corporation (NYCEDC) in cooperation with the New York City Department of Parks & Recreation to manage the demolition of the original Yankee Stadium and construction of Heritage Field, a 10-acre public recreational facility to be built at the site of the original stadium in the Bronx, N.Y. Demolition of the original stadium is underway to make way for construction of Heritage Field scheduled for completion by Fall 2011.

Turner Selected by East Irondequoit Central School District to Manage Construction of $66 Million...

New York, NY - July 17, 2009 - (RealEstateRama) -- Turner Construction Company, the nation’s largest builder of education facilities, has been selected by the East Irondequoit Central School District to manage construction of a $66 million multi-school renovation and construction program in Rochester, N.Y. Completion is scheduled for 2012.

Long Island Buyers Motivated by Affordable Home Prices

West Babylon, NY - July 16, 2009 - (RealEstateRama) -- The Multiple Listing Service of Long Island, Inc., (MLSLI) released June’s 2009 home figures reporting a $374,000 closed median home price for Long Island. The latest housing figure representing a decrease of 10 percent over the $415,800 reported in June 2008.

Report: Citywide Avg Home Prices down 22% in second quarter 2009

NEW YORK, NY - July 8, 2009 - (RealEstateRama) – The average sale price of a home in New York City -- which includes cooperatives, condominiums and one-to-three family dwellings -- dropped 22 percent to $644,000 in the second quarter of 2009, according to a report released today by ResidentialNYC.com, the real estate listings Web site of The Real Estate Board of New York (REBNY).

Below the Line: Estimates of Negative Equity among Nonprime Mortgage Borrowers

New York, NY - July 1, 2009 - (RealEstateRama) — The Federal Reserve Bank of New York today released Below the Line: Estimates of Negative Equity among Nonprime Mortgage Borrowers, a new forthcoming article in the Bank’s Economic Policy Review series.

New York State housing market posts monthly sales gains for third consecutive month

Albany, NY - June 23, 2009 - (RealEstateRama) – The New York State housing market posted sales gains for the third consecutive month with an 11-percent increase in closed sales of existing single-family homes in May compared to April, according to preliminary single-family sales data accumulated by the New York State Association of REALTORS.

Enterprise Commends Naomi Bayer’s appointment to the Board of Directors of the State of...

Columbia, MD - June 17, 2009 - (RealEstateRama) - Enterprise Community Partners, Inc. commends Governor David A. Paterson for appointing and the New York State Senate for confirming on June 3, 2009 Naomi Bayer to the Board of Directors of the State of New York Mortgage Agency (SONYMA).

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

New York, NY - June 18, 2009 - (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 June 30, 2009.

Luther Forest Technology Campus Announces The Sale Of First 223 Acres To GLOBALFOUNDRIES

Saratoga Springs, NY - June 10, 2009 - (RealEstateRama) – Luther Forest Technology Campus Economic Development Corporation (LFTC) today announced the sale of 223 acres of land to GLOBALFOUNDRIES for the construction of Fab 2. This is the first monumental sale for the corporation for the buildout of the 1,414-acre campus located in Malta and Stillwater, New York. The land sold for $35,000 per acre as part of a tax incentive program designed specifically for the foundry.

Paid Family Leave Act in the House

Brooklyn, NY - June 8, 2009 - (RealEstateRama) — It happens to all of us. Everyone who works, at some point, will need to take time off to care for a family member in a need – a sick parent or spouse, or a new baby to welcome into the world.

Long Island Real Estate Reports Increase in Monthly Contracted Sales

West Babylon, NY - June 8, 2009 - (RealEstateRama) — The Multiple Listing Service of Long Island, Inc., (MLSLI) released May 2009 home figures, reporting a $365,000 closed median home price for Long Island, and a contracted median price of $410,200.

SL Green’s 220 East 42nd Street Hosts Lunchtime Putting Contest on May 28thSponsored by...

New York, NY - May 15, 2009 - (RealEstateRama) — SL Green Realty Corp's Daily News Building, 220 East 42nd Street, is one of ten office buildings selected by City Parks Foundation in conjunction with Odyssey Golf, which will be hosting a free lunchtime putting contest for its tenants on Thursday, May 28th.

Turner Selected to Manage Construction of $83 Million New Settlement Community Campus for New...

New York, N.Y., - May 14, 2009 - (RealEstateRama) — Turner Construction Company, the nation’s largest builder of green buildings and education facilities, has been selected by the New York School Construction Authority (SCA) to manage construction for the $83 million new settlement community campus for students in grades 1-12 in the Bronx, New York. The campus is scheduled for completion in 2012.

Free Service Available to Find and List Affordable and Accessible Housing

Albany, NY - May 12, 2009 - (RealEstateRama) — The New York State Division of Housing and Community Renewal (DHCR) today announced a free on-line housing listing and locator service for affordable, special needs, and accessible housing throughout New York State. The new service will assist renters, property providers, housing professionals and social service providers with accessing real-time rental housing information throughout New York State.

SL Green Inks Midtown’s Largest Relocation Lease Year to Date

New York, NY - May 12, 2009 - (RealEstateRama) — SL Green Realty Corp. (NYSE: SLG) today announced that accounting firm Marcum & Kliegman LLP has signed a new 10-year lease covering 67,152 square feet at 750 Third Avenue. The transaction is the largest tenant relocation lease signed in Midtown Manhattan so far in 2009 and is a follow up to SL Green's recent new lease with Wells Fargo Trade Capital Services covering 57,000 square feet at 100 Park Avenue.

CPower Secures More Than $10 Million in Series B Round of Financing

New York, NY - April 28, 2009 - (RealEstateRama) — CPower (www.cpowered.com), a leading energy management firm, today announced the closing of its Series B round of financing. This $10.68 million investment was led by a new investor in the company, Mayfield Fund, as well as returning investors, including Bessemer Venture Partners, Expansion Capital Partners, Schneider Electric Ventures, New York City Investment Fund and Consensus Business Group.

SL Green Completes $40 Million of Redevelopment Projects at Three Buildings

New York, NY - April 27, 2009 - (RealEstateRama) — SL Green Realty Corp. (NYSE: SLG) announced today the completion of $40 million of building re-development improvements at three of its signature office properties, 711 Third Avenue, 810 Seventh Avenue in Manhattan, and 16 Court Street in Brooklyn. Each property has undergone a comprehensive re-positioning which includes capital improvements featuring unique designs reflective of each building.

New York State housing sales, price gains signal buyers to get off the sidelines

Albany, NY - April 23, 2009 - (RealEstateRama) — The New York State housing market posted both sales and selling price gains for the first time in 2009 during March, providing a strong signal to those buyers waiting for the market to “hit bottom” that they may well have already missed it.

First Wall Street Group Signs Lease for 15,945-Sq-Ft, and Wells Fargo Trade Capital Expands...

New York, NY - April 23, 2009 - (RealEstateRama) — SL Green Realty Corp. (NYSE: SLG) announced today that First Wall Street Group LLC has signed a new15,945-square-foot seven-year lease covering the entire 20th floor at 100 Park Avenue, Grand Central's completely redeveloped ‘Modern Classic' soon to earn a Silver LEED certification.