New Yor, NY - February 4, 2011 - (RealEstateRama) -- Good morning, and thank you to our witnesses for appearing today at this hearing of the Congressional Oversight Panel on commercial real estate lending. The Panel first explored issues around commercial real estate at our field hearings in New York City in 2009 and Atlanta in January of last year

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.

New York, NY - February 1, 2011 - (RealEstateRama) -- The New York State Senate today passed property tax relief legislation (S.2706) that would place a cap on the growth of school property taxes at two percent or the Consumer Price Index (CPI), whichever is less. If enacted, New York would become the 44th state to cap local property taxes. In addition, the Senate approved two measures related to providing mandate relief to school districts and local governments.

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

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.

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.

New York, NY - January 28, 2011 - (RealEstateRama) -- Mayor Michael R. Bloomberg, Environmental Protection Commissioner Cas Holloway, Sustainability Director David Bragdon and Health Commissioner Dr. Thomas Farley today proposed new rules to reduce emissions from the approximately 10,000 boilers in New York City that burn grades Numbers 4 and 6 oil, the dirtiest heating oil types available in New York.

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.

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.

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.

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

WASHINGTON, D.C. - January 20, 2011 - (RealEstateRama) -- U.S. Senator Charles E. Schumer announced that the U.S. Department of Housing and Urban Development’s Office of Healthy Homes and Lead Hazard Control Program (OHHLHC) has awarded $1,749,639 to the County of Westchester to conduct education and outreach activities to create an awareness of lead hazard control and lead poisoning prevention.

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.

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.

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

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.

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

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

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.

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

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.

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.

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

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.

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