Former Oceana Restaurant Leased By Industry Vets In Deal Arranged By Sierra and CBRE
NEW YORK CITY, NY - August 22, 2011 - (RealEstateRama) -- The former home of Oceana restaurant at 55 East 54th Street off Madison Avenue has been leased on a long-term basis to a partnership that – after a nearly two-year search – plans to turn the 8,300-square-foot space into a striking new four-level Mediterranean food destination. Sierra Realty Corp.’s Executive Vice President Peter Braus and Managing Director Brad Schwarz represented the landlord, and Gregory Tannor of CBRE represented the tenant
Property Management Business is Booming at Sierra Realty
NEW YORK CITY, NY - August 22, 2011 - (RealEstateRama) -- Sierra Realty Corp. has increased its focus on the property management segment of its business of late, and results have been fruitful in both Manhattan and the surrounding boroughs, according to Sierra President James Wacht.
Children’s Museum of the Arts Set to Open Expanded Facility in Lower Manhattan on...
NEW YORK, NY - August 22, 2011 - (RealEstateRama) -- The Children’s Museum of the Arts (CMA) will open its new, expanded space at 103 Charlton Street on Oct. 1, 2011. The 10,000-square-foot former loading dock, located in the Hudson Square neighborhood west of SoHo, will triple the museum’s size and enable it to dramatically expand its arts programming.
KELLER WILLIAMS NYC WELCOMES DUDI SILBERBERG, FOUNDER OF THE DS GROUP
New York, NY - August 22, 2011 - (RealEstateRama) -- Keller Williams NYC (www.kwnyc.com), the Manhattan franchise of leading real estate firm Keller Williams Realty Inc., has announced the appointment of Dudi Silberberg, Founder of the DS Group, as a licensed real estate salesperson.
IDX, Inc. syncs New York real estate database to website of Broker Jennie Ng
EUGENE, OR - August 19, 2011 - (RealEstateRama) -- Jennie Ng and IDX, Inc. have joined forces to bring new levels of ease and accessibility to the Bronx, New York home search, by enabling a custom IDX solution onto her professional website. As a real estate broker, Ng has long had access to thousands of detailed property listings through the Westchester-Putnam (WPMLS)/Long Islan (MLSLI). Now, her clients can experience and view detailed proerty listings that were once solely reserved for real estate agents and brokers. Ng's IDX-synced website allows potential New York buyers to explore the database on their terms. Ng had made the right decision for her business and her clients by enabling an IDX solution for her website.
ROSE ASSOCIATES, INC. SIGNS 2,462 S.F. WITH POTBELLY AT 150 EAST 44TH STREET
New York , NY - August 18, 2011 - (RealEstateRama) -- Rose Associates, Inc. recently signed a 15-year lease with Potbelly at the Metropolis, a property located at 150 East 44th Street in Manhattan. The popular sandwich maker is now open and operating in the 2,462-square-foot space, which was formerly occupied by Benvenuto Café and is adjacent to a Chipotle restaurant.
Keller Williams NYC Appoints GieFaan Kim Associate Broker, The Bracha Group
New York, NY - August 17, 2011 - (RealEstateRama) -- Keller Williams NYC (www.kwnyc.com), the Manhattan franchise of leading real estate firm Keller Williams Realty Inc., has announced the appointment of GieFaan Kim as associate broker for the Bracha Group
Faris Lee Capital Completes $18 Million Recapitalization of a 200,000 SF Retail Center in...
New York, NY - August 17, 2011 - (RealEstateRama) -- Faris Lee Investments, the nation’s largest retail-specialized investment sales and advisory firm, along with Faris Lee Capital, has completed the $18 million recapitalization of a 200,000-square-foot retail center in Normal, IL on behalf of the owner, The Dial Companies, a large Midwest developer. Built in 2007, the center’s anchor tenants include Schnucks Grocery and a 14-screen Starplex Theater. The center is currently 70 percent occupied and has 12 outparcels available for future sale, lease or development
KELLER WILLIAMS NYC EXPANDS TO 100 AGENTS
New York, NY - August 16, 2011 - (RealEstateRama) -- Keller Williams NYC (www.kwnyc.com), the Manhattan franchise of leading real estate company Keller Williams Realty Inc., today announced it has grown to 100 agents since active hiring began in April.
KELLER WILLIAMS NYC APPOINTS NEIL JORDAAN
New York, NY - August 15, 2011 - (RealEstateRama) -- Keller Williams NYC (www.kwnyc.com), the Manhattan franchise of leading real estate firm Keller Williams Realty Inc., has appointed Neil Jordaan as a licensed real estate salesperson.
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New York, NY - August 15, 2011 - (RealEstateRama) -- Keller Williams NYC (www.kwnyc.com), the Manhattan franchise of leading real estate firm Keller Williams Realty Inc., has announced the appointment of GieFaan Kim as associate broker for the Bracha Group.
YUKI WATANABE JOINS KELLER WILLIAMS NYC
New York, NY - August 12, 2011 - (RealEstateRama) -- Keller Williams NYC (www.kwnyc.com), the Manhattan franchise of leading real estate company Keller Williams Realty Inc., today announced the appointment of Yuki Watanabe as a licensed real estate salesperson.
Swig Equities Appoints Jonathan Dean as Senior Vice President & Director of Commercial Leasing
New York, NY - August 11, 2011 - (RealEstateRama) -- Kent M. Swig, President of Swig Equities, LLC, is pleased to announce that Jonathan J. Dean has been appointed Senior Vice President and Director of Commercial Leasing. Mr. Dean brings 25 years of commercial real estate experience in New York City from such top tier firms including Cushman & Wakefield and Jack Resnick & Sons.
Swig Equities Appoints William Hodel as Property Manager
New York, NY - August 11, 2011 - (RealEstateRama) -- Kent M. Swig, President of Swig Equities, LLC, is pleased to announce that William Hodel has been appointed Property Manager at Swig Equities. In his new position, Mr. Hodel will direct the overall day-to-day operations of several of the commercial high-rise office buildings in the company’s FiDi (Financial District) portfolio. He will also serve as a liaison for the company in overseeing tenant relations and will coordinate all tenant construction and major building projects.
KELLER WILLIAMS NYC APPONTS OLGA ALEXAKOS AS SENIOR VICE PRESIDENT AND DIRECTOR OF GREEK...
New York, NY - August 10, 2011 - (RealEstateRama) -- Keller Williams NYC (www.kwnyc.com), the Manhattan franchise of leading real estate firm Keller Williams Realty Inc., today announced the appointment of Olga Alexakos as Senior Vice President and Director of Greek Property Services.
Jones Lang LaSalle Completes 32,259-SF Renewal, Expansion for ABN AMRO Holdings at 100 Park...
NEW YORK, NY - August 9, 2011 - (RealEstateRama) -- Jones Lang LaSalle has completed a lease renewal and expansion for ABN AMRO Holdings USA LLC with SL Green Realty Corp. at 100 Park Avenue. The bank signed an 11-year lease for a total of 32,259 square feet at the 825,815-square-foot, Class A office building.
HUDSON REALTY CAPITAL LLC ACQUIRES COLORADO PORTFOLIO OF 97 ADC LOANS FROM FDIC
NEW YORK CITY, N.Y. - August 4, 2011 - (RealEstateRama) -- A consortium led by Hudson Realty Capital LLC, a Manhattan-based real estate fund manager, has won the FDIC Small Investor Program (SIP) RADC structured-sale. The group acquired a $139 million Colorado portfolio of 97 acquisition, development and construction (ADC) loans in partnership with the Federal Deposit Insurance Corporation (FDIC). Hudson is partnering with Soundview Real Estate Partners of Stamford, Conn., and JCR Capital Investment Corp. of Denver, Col., in the joint acquisition.
27 CONTRACTS OUT IN SEVEN WEEKS AT ONE48; NEW GRAMERCY AREA DEVELOPMENT DECLARED EFFECTIVE
NEW YORK, NY - August 4, 2011 - (RealEstateRama) -- ADG Langsam and Halstead Property Development Marketing announced today that 27 contacts have gone out in just seven weeks at ONE48, a new residential condominium located at 148 East 24th Street. With 11 contracts fully executed, 20% of the building’s units have been sold in just nine weeks on the market, signaling that the development’s offering plan has been declared effective by The New York State Attorney General’s Office.
KELLER WILLIAMS NYC APPOINTS CAROLINA TEJADA
New York, NY - August 4, 2011 - (RealEstateRama) -- Keller Williams NYC (www.kwnyc.com), the Manhattan franchise of leading real estate firm Keller Williams Realty Inc., has hired Carolina Tejada as a licensed real estate salesperson.
HUDSON REALTY CAPITAL PROVIDES $13.1 MILLION NOTE ACQUISITION FINANCING FOR MISSISSIPPI RETAIL CENTER
NEW YORK, N.Y. - August 3, 2011 - (RealEstateRama) -- Hudson Realty Capital LLC, based in New York City, has provided $13.1 million in note acquisition financing ultimately secured by a power retail center located in central Mississippi. “Although several finance companies maintain that they offer note-acquisition financing, Hudson has actually been funding many of these transactions during the last 12 months. Past experience in this area is imperative since these deals are very dynamic and can take numerous unexpected twists and turns,” said Spencer Garfield, managing director. “Hudson has developed a comprehensive program to offer our borrowers the flexibility they need to effectuate their business plan while giving us the security we require.”
CUSHMAN & WAKEFIELD FACILITATES $120-MILLION CONDO INTEREST SALE OF VERIZON BUILDING
NEW YORK, N.Y. - August 3, 2011 - (RealEstateRama) -- Sabey Data Center Properties has acquired a principal condominium interest encompassing 29 floors of the 32-story building at Manhattan's 375 Pearl Street, commonly known as the Verizon Building, for $120 million. Sabey was represented in the transaction by Sean Brady of the East Rutherford, N.J. office of Cushman & Wakefield, Inc., and Jeffrey Heller of the firm's Midtown New York office. Youngwoo & Associates, Sabey’s local partner, was represented by Ron Solarz of Eastern Consolidated. Sellers M&T Bank and Taconic Investment Partners were represented by C.B. Richard Ellis.
Paramount Group Successfully Completes The Recapitalization Of 1633 Broadway And Increases Its Stake In...
New York, NY - August 3, 2011 - (RealEstateRama) -- Paramount Group, Inc., New York’s largest privately held international real estate investment and management firm, has recapitalized a 49 percent interest in its 1633 Broadway office tower. Affiliates of Morgan Stanley and Bank of America have exited the partnership and have been replaced by affiliates of Beacon Capital Partners, LLC and Paramount Group Real Estate Fund IV. SL Green Realty Corp. (NYSE:SLG) acquired a preferred equity interest as well. Paramount Group Real Estate Fund I retains its 51 percent controlling interest in the 2.5 million- square-foot Class A office tower where Paramount Group is headquartered. The prestigious tenant roster includes, Allianz, Time Warner, Deloitte LLP, Morgan Stanley, Dickstein Shapiro and Kasowitz, Benson, Torres & Freedman LLP
KELLER WILLIAMS NAMES BRANDEE SONG ASSOCIATE BROKER
New York, NY - August 2, 2011 - (RealEstateRama) -- Keller Williams NYC (www.kwnyc.com), the Manhattan franchise of leading real estate firm Keller Williams Realty Inc., has appointed Brandee Song as Associate Broker. As the founder of S Group Realty, she specializes in working with Korean investors looking to buy and sell property in New York City.
Americas Hotel Transaction Volume Up Approximately 180 Percent to $7.4 Billion in First-Half 2011
CHICAGO, IL - July 28, 2011 - (RealEstateRama) -- Jones Lang LaSalle Hotels today reported that the volume of hotel investment transactions that closed in the Americas market in the first six months of 2011 reached $7.4 billion—a robust increase of approximately 180 percent on the same prior-year period. The numbers represent preliminary totals from Jones Lang LaSalle Hotels’ Hotel Investment Highlights Americas report due to be released later this month. The firm’s research tracks hotel asset transactions in excess of $10 million, and excludes note sales, recapitalizations and foreclosures.
Jones Lang LaSalle Completes 110,000-SF Lease for Eastgate Realty with Cerberus Capital Management at...
NEW YORK, NY - July 27, 2011 - (RealEstateRama) -- Jones Lang LaSalle has completed a new direct lease for building owner Eastgate Realty with Cerberus Capital Management LP at 875 Third Avenue. The private investment firm signed a 10-year lease for 110,000 square feet at the Class A, 720,000-square-foot office building.