SL Green Realty Corp Announces Refinancing Of 1515 Broadway

New York, NY - January 5, 2010 - (RealEstateRama) -- SL Green Realty Corp. (NYSE: SLG) today announced the closing of a $475 million refinancing of 1515 Broadway, one of the most visible landmark buildings in New York City's Times Square.

NYCEDC Seeks Developer for Industrial Building in Sunset Park

New York, NY - December 28, 2009 - (RealEstateRama) -- New York City Economic Development Corporation (NYCEDC) today issued a Request for Proposals (RFP) for the disposition and development of a vacant 1.1 million-square-foot warehouse building, known as Federal Building #2, in the vibrant industrial waterfront area of Sunset Park, Brooklyn.

Treasury awards LISC $115MM in NMTCs

NEW YORK, NY - November 3, 2009 - (RealEstateRama) -- The U.S. Treasury Department has awarded the Local Initiatives Support Corporation (LISC) $115 million in New Markets Tax Credit (NMTC) investment authority in the 2009 round of allocations.

Regus Launches ‘Win an Office’ Sweepstakes

New York City, NY - November 3, 2009 - (RealEstateRama) -- Regus (LSE:RGU), the global leader in flexible workplace solutions, today kicked off its ‘Win an Office’ sweepstakes that will award a lucky small business or entrepreneur one year of office space at one of Regus’ 18 New York City locations. The winner will receive a fully-furnished office for 12 consecutive months

NYCEDC Issues RFQ for Potential Developers for Willets Point District

New York City - October 26, 2009 - (RealEstateRama) -- New York City Economic Development Corporation (NYCEDC) today released a Request for Qualifications (RFQ) to identify developers for the first stage of the Willets Point District in northeastern Queens.

Suozzi Announces Transformation of Housing in Rockville Centre

Rockville Centre, NY - October 26, 2009 - (RealEstateRama) -- Nassau County Executive Thomas R. Suozzi was joined today by Legislator Joe Scannell, (D-Rockville Centre) to announce the transformation of 153 units of low-income housing authority property into newly renovated affordable rental housing in Rockville Centre.

1221 Avenue of the Americas Achieves LEED-EB Certification

NEW YORK, NY - October 7, 2009 - (RealEstateRama) -- Rockefeller Group Development Corporation, a subsidiary of The Rockefeller Group, announced today that its signature building, The McGraw-Hill Building, 1221 Avenue of the Americas, has achieved LEED-EB Certification.

SL Green Realty Corp Announces Refinancing Of 100 Park Avenue

New York, NY - September 30, 2009 - (RealEstateRama) -- SL Green Realty Corp. (NYSE: SLG) today announced the closing of a $215 million refinancing of 100 Park Avenue, the completely redeveloped 'New Modern Classic' near Grand Central Terminal, which it owns in a joint venture with institutional investors advised by Prudential Real Estate Investors.

McMahon Calls for Extension of First Time Homebuyers Tax Credit

Staten Island, NY - September 28, 2009 - (RealEstateRama) -- Rep. Michael E. McMahon wants to extend the $8,000 first-time homebuyers tax credit which will expire by the end of November.

Gillibrand Unveils New Effort to Provide Property Tax Relief fpr Rochester/Finger Lakes Region

Rochester, NY - September 18, 2009 - (RealEstateRama) -- U.S. Senator Kirsten Gillibrand today unveiled a new effort to provide property tax relief to thousands of middle-class families in the Rochester/Finger Lakes Region.

United States Files Suit Against Long Island Housing Complex For Fair Housing Act Violations

BROOKLYN, NY - September 10, 2009 - (RealEstateRama) -- Benton J. Campbell, U.S. Attorney for the Eastern District of New York, today announced the filing of a federal civil complaint against Sunrise Villas, LLC, its manager, and assistant manager for violations of the Fair Housing Act. Sunrise Villas, LLC is the owner and operator of the Sunrise Villas apartment complex located at Leonard Court in Lindenhurst, New York.

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.

Public Advocate Gotbaum Calls on City, State, and MTA to Assist Affected Business Owners,...

New York, NY - August 18, 2009 - (RealEstateRama) -- Construction of the Second Avenue subway line threatens the survival of a majority of businesses in the area, forcing wage cuts, layoffs and closings, according to a comprehensive survey of business owners released today by Public Advocate Betsy Gotbaum.

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.

Mayor Bloomberg, Governor Paterson, Speaker Silver, Eli Lilly and Company and Alexandria Real Estate...

New York, NY - July 22, 2009 - (RealEstateRama) -- Mayor Michael R. Bloomberg, Governor David A. Paterson, Assembly Speaker Sheldon Silver, Eli Lilly and Company CEO Dr. John C. Lechleiter and Alexandria Real Estate Equities CEO Joel S. Marcus today announced ImClone will locate its research headquarters at New York City’s new Alexandria Center for Science and Technology at the East River Science Park.

Global Biopharmaceutical Company is First Signed Tenant of New York City’s New State-of-the-Art Commercial...

New York, NY - July 22, 2009 - (RealEstateRama) -- Mayor Michael R. Bloomberg, Governor David A. Paterson, Assembly Speaker Sheldon Silver, Eli Lilly and Company CEO Dr. John C. Lechleiter and Alexandria Real Estate Equities CEO Joel S. Marcus today announced ImClone will locate its research headquarters at New York City’s new Alexandria Center for Science and Technology at the East River Science Park.

Mixed-Use Rental Building In Inwood Gets Refinancing Thanks To Cpc’s 2.1 Million Freddie Mac...

New York, NY - July 17, 2009 - (RealEstateRama) -- Announced today, the Community Preservation Corporation’s (CPC) Bronx/Manhattan office closed on a $2.1 million Freddie Mac loan to refinance a mixed-use rental building located in the Inwood section of Manhattan.

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.

Schumer: With Sky-High Property Taxes In New York State, New York Homeowners Deserve a...

WASHINGTON, DC - June 17, 2009 - (RealEstateRama) - U.S. Senator Charles E. Schumer today revealed that current tax rules are costing the approximately 800,000 Upstate New York homeowners who do not itemize their taxes up to $415 million per year or more.

NYCEDC Sells Property to Brooklyn Manufacturer to Support Expansion

New York, NY - June 16, 2009 - (RealEstateRama) - New York City Economic Development Corporation (NYCEDC) announced that it closed on the sale of a 10,000-square-foot parcel of City-owned land to Comfort Bedding, a mattress manufacturer based in Brownsville, Brooklyn.

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.

REALTORS converge upon Albany to advocate for property tax relief, home buying incentives

Albany, NY - June 9, 2009 - (RealEstateRama) — Members of the New York State Association of REALTORS will gather at the state Capitol tomorrow to impress upon their representatives in Albany the need for property tax relief, home buying incentives and number of other pro-homeownership initiatives.

Atlantis Health Plan Moves into New Offices at 45 Broadway

Disaster Planning and Insurance Coverage Helped Ensure Only Minor Disruption for Members and Providers When Fire Hit Manhattan-Based Health Insurance Company. New York, NY, June 2, 2009 - (RealEstateRama) — Atlantis Health Plan today officially opens its new 16,000 sq. ft. office space on 45 Broadway, suite 300 with a ribbon-cutting and welcoming of leading health insurance brokers in the New York City area and other guests. Atlantis had been operating temporarily at 48 Wall St. following an electrical fire of unknown origin on Nov. 25, 2008, at its prior offices located at 39 Broadway.

NYCEDC Reaches Negotiated Property Acquisition Agreements with Two Additional Willets Point Businesses

New York, NY - May 26, 2009 - (RealEstateRama) — New York City Economic Development Corporation (NYCEDC) today announced it has signed property acquisition agreements with two additional property owners at Willets Point, Queens. The acquisitions announced today total 34,403 square feet, bringing the amount of land now controlled by the City to about 40 acres, or 1,742,400 square feet. The agreements are the ninth and tenth negotiated land acquisitions in Willets Point, also known as the Iron Triangle.