The Bracha Group Enters Fourth Quarter with Record Sales

NEW YORK, NY - October 28, 2010 - (RealEstateRama) -- The Bracha Group, a luxury real estate group of Prudential Elliman in New York City, sold a three-bedroom, three and half bath condominium at 15 Central Park West, one of Manhattan’s newest premier parkside dwellings last Thursday, October 7, 2010.

SL Green Realty Corp. and The Moinian Group Announce Plans to Recapitalize Three Columbus...

New York, NY - October 26, 2010 - (RealEstateRama) -- SL Green Realty Corp. (NYSE: SLG), New York City's largest owner of commercial office properties, owning more than 20 million square feet of office space in Manhattan, and The Moinian Group, headed by developer Joseph Moinian, today announced they have reached an agreement to recapitalize Three Columbus Circle - a midtown Manhattan office tower currently in the final stages of a major redevelopment. The recapitalization includes a standby mortgage commitment and a potential future investment by SL Green that will make funds available for the completion of the redevelopment and lease-up of the property

Stribling State of the Market Report Cites Signs of Stabilization in Third Quarter 2010...

New York, NY - October 26, 2010 - (RealEstateRama) -- “If we are in a recovery, which it appears we are, I must note that this has been from the bottom up versus the top down. Happily, we seem to have stabilized and so the news is good for New York City,” stated Elizabeth Stribling, president of Stribling & Associates. The recently published Stribling State of the Market report cites a number of important market observations

Swig Equities Celebrates Decade of Ownership of Historic 48 Wall Street; Landmark Building Restored...

New York, NY - October 26, 2010 - (RealEstateRama) -- Another milestone was reached this year with the commemoration of the decade-long re-tenanting of historic 48 Wall Street, a 324,000 square foot, 34-story office building built in 1927 that was fully restored to its original grandeur. A rededication of the building celebrating its landmark status was previously held in 2002 with an unveiling of a plaque just below the original cornerstone dating back to 1784 from the first building that stood at 48 Wall Street. The ceremony marking that occasion was held in the building’s two-story Grand Banking Hall which served as the main banking area for the Bank of New York. The Landmarks Preservation Commission initially dedicated the building as a New York City landmark in October 1998, and the plaque seen today marks that dedication. Today, The Grand Banking Hall houses the Museum of American Finance, a member of the Smithsonian Affiliation Program.

Founder of the Cobalt Companies Sentenced in Manhattan Federal Court to 85 Years in...

October 21, 2010 - (RealEstateRama) -- PREET BHARARA the United States Attorney for the Southern District of New York, announced that MARK ALAN SHAPIRO, the founder of the Cobalt Companies was sentenced today to 85 years in prison on charges stemming from a fraud that raised more than $23 million from over 250 investors in private placement real estate offerings. SHAPIRO was sentenced in Manhattan federal court by U.S. District Judge KIMBA M. WOOD, who presided over the three-week jury trial at which SHAPIRO, along with codefendants IRVING STITSKY and WILLIAM B. FOSTER, was found guilty.

New York Fed Presents an Update on Regional Economic Conditions; Highlights Less Severe Regional...

NEW YORK, NY - October 21, 2010 - (RealEstateRama) -- The Federal Reserve Bank of New York today presented an update on the region’s economic conditions, noting a varied pace of recovery—with New York City and parts of New York State recovering more rapidly than many other parts of the nation, and New Jersey and Puerto Rico lagging the nation

“EAST HARLEM ALLIANCE OF RESPONSIBLE MERCHANTS LAWSUIT DISMISSED BY COURT”

New York, NY - October 19, 2010 - (RealEstateRama) -- The NYS Supreme Court, Appellate Division, First Department, unanimously affirmed the dismissal of all claims made by EHARM in their fight against the East Harlem M/E/C LLC. East 125th Street project; despite the misuse of municipal might, power, and procedure to take private, productive commercial property and hand it over to a secretly selected development group, beset by trouble.

AZURE ARRANGES $145 MILLION FINANCING

New York, NY - October 19, 2010 - (RealEstateRama) -- Azure (www.azureny.com), the spacious 34-story luxury residential building at 333 East 91st Street at First Avenue on the Upper East Side, has arranged a new financing facility of $145.1 million from HSBC and its participating lenders.

Mangano: Nassau In Property Tax Crisis

Mineola, NY - September 29, 2010 - (RealEstateRama) -- As Nassau County once again achieves the dubious status of having the second highest property taxes in the United States, Nassau County Executive Ed Mangano again vowed not to implement a hefty property tax increase to close a massive deficit facing the County in 2011.

COLUMBIA COMMONS, NEW CONDO DEVELOPMENT IN BROOKLYN’S COLUMBIA STREET WATERFRONT DISTRICT, IS...

NEW YORK, NY - October 1, 2010 - (RealEstateRama) -- Halstead Property Development Marketing today announced that Columbia Commons, a newly constructed residential development in Brooklyn’s growing Columbia Street Waterfront District, is now just one deal away from being 50% sold just four months after sales started

Westchester County homes synced to website of Realtor Chirag Shah with IDX Broker

EUGENE, OR - September 29, 2010 - (RealEstateRama) -- Westchester-Putnam MLS (WPMLS) listings just became easier to search for, on the new IDX enabled website of real estate professional Chirag Shah. IDX, Inc. has delivered New York home seekers with a unique and comprehensive online property search experience. Shah and his clients can rest assured that his website hosts the best home search tools available online. Never before have WPMLS listings been simpler to display or search through than on the dynamic IDX synced website Shah hosts

CoBroke MLS Offers New Multiple Listing Service Across The Entire State of New York

NEW YORK, NY - September 24, 2010 - (RealEstateRama) -- Real estate brokers all over New York can now list and sell properties throughout the entire state with a new, web-based multiple listing service. CoBroke MLS, a computerized database designed for real estate agents to share listing information with other professionals within its network, helps brokers avoid referral fees and fines. It also opens up a wide range of opportunities for agents to list and sell properties beyond the limitations of local multiple listing services.

NYCEDC Seeks Developer For Willoughby Square Project

New York, NY - September 23, 2010 - (RealEstateRama) -- New York City Economic Development Corporation (NYCEDC) today issued a Request for Proposals (RFP) for a developer to construct an approximately 1.15-acre street-level public space to be located on top of underground parking garage that it will also construct and operate.

IDX solution displays upstate New York property listings on real estate website and search...

EUGENE, OR - September 15, 2010 - (RealEstateRama) -- New York Realtor Stephen Grifferty has adopted the dynamic IDX, Inc. IDX Broker software for his real estate website, syncing thousands of Capitol Region MLS (CRMLS) property listings with his page. The tools available on the search page of Grifferty give home seekers around Schenectady more options that ever when looking for a home online. His website should be the first stop for anyone considering purchasing a property in upstate New York.

The General Colin L. Powell Apartments, The First Newly Built Multifamily Co-op In Bronx...

Bronx, NY - September 9, 2010 - (RealEstateRama) -- General Colin L. Powell visited his childhood neighborhood in the South Bronx today to welcome families to their new affordable co-op homes in a building named in his honor.

HARLEM CDC’s La Marqueta mile plan Dubbed “momentous”

August 2, 2010 - (RealEstateRama) -- In a study released Thursday, the Center for an Urban Future (CUF) embraced the concept of an open-air market under the Metro North tracks on Park Avenue from 111th Street to 133rd Street conceived and developed by Harlem Community Development Corporation (HCDC). HCDC’s La Marqueta Mile plan would work with a range of community, business and public entities to revitalize and extend the old La Marqueta from 111th to 116th streets into a broader vision to suit today’s times. Center for an Urban Future went so far as to call the plan “A High Line for Harlem.”

New York City suburbs and waterfront homes easy to find on the website of...

EUGENE, OR - July 29, 2010 - (RealEstateRama) -- Connecticut Statewide MLS (CTStatewide) listings just got easier to search for, thanks to the partnership between broker Brian Corson and IDX, Inc. Now, Advanced Real Estate listings can be synced with CTStatewide listings to display the most comprehensive database of properties online. Home seekers in Newtown, Connecticut can now easily and quickly scan thousands of properties virtually, without ever having to leave the website of Corson. IDX Broker software has revolutionized the way people search for and buy homes online

City Council Member Stephen Levin and Fired Workers to Protest 184 Kent’s Attacks on...

Brooklyn, NY - July 20, 2010 - (RealEstateRama) -- City Council member Stephen Levin will join 184 Kent residents, 32BJ SEIU members and workers allegedly fired for forming a union to demand that the building management stop harassing and intimidating its employees. Levin, residents and workers will also deliver a petition signed by hundreds of supportive renters in the half-full development.

Community Development Agreement Will Invest $10 Million in Buffalo’s Commercial Districts

BUFFALO, NY - July 19, 2010 - (RealEstateRama) -- Mayor Byron W. Brown today was joined by Congressman Brian Higgins, and Jordan Levy and Larry Quinn of the Erie Canal Harbor Development Corporation to announce a community development agreement that will bring investment and job creation to the city’s emerging waterfront and its traditional neighborhood commercial districts.

IDX Broker enables Hoboken property listings to be viewed quickly and efficiently online

EUGENE, OR - July 14, 2010 - (RealEstateRama) -- Coldwell Banker Residential Brokerage and IDX, Inc. have teamed up to revolutionize the way home seekers search for New York City suburb homes. Jill Biggs has adopted a customized IDX solution in an effort to upgrade her online real estate presence and make Hudson County MLS (HCMLS) more accessible to potential buyers online. With the unique technology provided by IDX Broker software, HCMLS raw listing data is extracted from the database and displayed directly on the website of Biggs. Now more than ever before, finding the perfect home online is made easier on her real estate website.

Yonkers Groundbreaking for 149 New Affordable Rental Apartments

Albany, NY - July 13, 2010 - (RealEstateRama) -- Michael Skrebutenas, Executive Deputy Commissioner of the NYS Division of Housing and Community Renewal, joined Yonkers Mayor Philip A. Amicone and other state and local officials at a groundbreaking Wednesday, July 7, for two affordable rental projects to be located at the site of the historic Mulford Gardens Public Housing Complex in Yonkers.

OTDA Helps Open New Liberty Street Apartments in Binghamton

Albany, NY - July 2, 2010 - (RealEstateRama) -- The New York State Office of Temporary and Disability Assistance (OTDA) recently helped celebrate the grand opening of Opportunity for Broome, Inc.’s new Liberty Street Apartments in Binghamton. The new facility will provide 12 units of permanent housing for homeless families and individuals.

Mayor Bloomberg, Speaker Quinn, Senator Schumer and Governor Paterson Announce $32 Million Plan to...

New York, NY - July 1, 2010 - (RealEstateRama) -- Mayor Michael R. Bloomberg, Council Speaker Christine C. Quinn, Senator Charles E. Schumer and Governor David A. Paterson today announced a $32 million plan to resolve New York City’s Section 8 rent voucher crisis.

Secretary of State Deems Parts of the Bronx and Queens “Cease-and-Desist” Zones to Prevent...

NEW YORK, NY - June 10, 2010 - (RealEstateRama) -- New York Secretary of State Lorraine Cortés-Vázquez today announced she has deemed parts of northeast Bronx and eastern Queens cease-and-desist zones in order to prevent real estate agents from repeatedly soliciting homeowners in those neighborhoods to place their property for sale.

Lower Prices At The Ellison, New Residential Development In West Harlem

Condominiums in West Harlem Feature Modern Design and Spacious Layouts. NEW YORK, NY - May 25, 2010 - (RealEstateRama) -- Halstead Property Development Marketing today announced a price reduction at The Ellison, a newly constructed residential development in the heart of West Harlem.