Tag: New York

A recent fire at a State University of New York (SUNY) at Purchase College student housing building has spotlighted the importance of requiring all college dormitories to have automatic fire sprinklers, according to leaders of the New York Fire Sprinkler Council, a division of the Mechanical Contractors Association of New York

During, the second quarter of EFC’s fiscal year, commencing in July and ending on September 30, the Board of Directors of the New York State Environmental Facilities Corporation (EFC) has approved $497.5 million in grants and interest-free and low-cost loans to support vital wastewater and drinking water infrastructure projects throughout New York State.

Following is a statement from Sean Gallagher, vice president of state affairs at the Solar Energy Industries Association (SEIA), on the New York Public Service Commission's approval of a 50 percent Clean Energy Standard by 2030

Governor Andrew M. Cuomo today released a report (available here) detailing the success of the property tax cap in delivering tax relief for New York families and businesses. In addition, the Governor traveled to Nyack, New York in Rockland County to urge the State Legislature to extend the two percent property tax cap this legislative session.

Manhattan Borough President Gale A. Brewer and Council Member Rosie Mendez today celebrated Mayor Bill de Blasio's signature of Int. 222, legislation requiring landlords provide tenants with advance notice for non-emergency repair work that will result in disruptions to building services

Meridian Capital Group, America’s most active debt broker, negotiated $60 million in financing for the purchase of the flagship retail cooperative property located at 85 Fifth Avenue in New York, NY on behalf of Jeff Sutton’s Wharton Properties, General Growth Properties, and Maguire Capital.

Torrance, CA - October 26, 2012 - (RealEstateRama) -- Lee & Associates NYC (Lee NYC), the New York office of Lee & Associates Commercial Real Estate Services, a privately-held national commercial real estate firm, today announced it subleased the remaining 2,500-square-foot block of a 12,500-square-foot floor at 311 West 43rd Street to Verse Marketing, a web marketing group, on behalf of Cooper, Robertson & Partners, an architecture and urban planning company founded in 1979. Gabe Issacs, managing director, and Frank Discolo, associate, of Lee NYC conducted the transaction. Andrew Weinstein of Cushman & Wakefield represented Verse Marketing

Torrance, CA - October 26, 2012 - (RealEstateRama) -- Lee & Associates NYC (Lee NYC), the New York office of Lee & Associates Commercial Real Estate Services, a privately-held national commercial real estate firm, today announced it closed on two leases at 244 East 84th Street, a 6-story multi-use building at the corner of 84th Street and Second Avenue it manages and leases.

Torrance, CA - April 26, 2012 - (RealEstateRama) -- With a “full steam ahead” mantra and no apparent signs of slowing down, Lee & Associates NYC has added yet another powerhouse industry duo to its ever-expanding roster of professionals. Michael Berne and Richard Donohue join the Manhattan office to spearhead its seniors housing and healthcare brokerage in an effort to branch out into new markets for Lee. Although the two industries were once unchartered territories for the firm, Berne and Donohue bring over 60 years of combined specialized experience to expand Lee’s repertoire of specialties and soon launch a dedicated national seniors housing/healthcare services group. Since its inception in November 2011, Lee & Associates NYC has recruited various key new hires like seasoned retail specialists Henry Goldfarb and Stanley Lindenfeld, Dennis Someck and brothers Robe rt and Mitchell Kunikoff. Over this time period, Lee’s New York office has brought on 22 new additions, currently making it a total of 32 brokers altogether.

PRLog (Press Release) - April 11, 2012 - (RealEstateRama) -- Following a flurry of recent new hires that started with top New York City brokers Howard Rosen and John Cannon in January, Lee & Associates NYC does not appear to be slowing its recruitment and hiring activity as the Madison Ave. office adds two more professionals to its already impressive roster. Dennis Someck and Mitchell Kunikoff, whose brother Robert Kunikoff also joined Lee NYC last month, both join the team as executive managing directors and principals, rounding out a new total of 30 brokers in Lee’s New York office.

Torrance, CA - March 26, 2012 - (RealEstateRama) -- Seasoned industry professionals Henry Goldfarb and Stanley Lindenfeld have been named vice chairman and executive managing director of Lee & Associates NYC LLC, respectively. The two retail experts have over 42 years of combined experience within the New York-based real estate markets where they have specialized in retail and commercial brokerage.

Torrance, CA - March 19, 2012 - (RealEstateRama) -- Lee & Associates NYC has taken another step in fortifying its already formidable retail arm with the addition of Robert Kunikoff, a former executive managing director of Grubb & Ellis New York Inc. Kunikoff spearheaded the national and New York Retail Group where he specialized in strategic roll-outs for retailers’ expansion into the New York market. With 25 years of real estate experience, coupled with his impressive list of clients served, Kunikoff will give Lee NYC yet another powerful tool in its arsenal of top retail brokers.

NEW YORK, NY - March 8, 2012 - (RealEstateRama) -- El Ad US Holding, Inc. has appointed Baruch Itzhak as Controller, it was announced today by CEO Udi Erez. “Baruch is a highly regarded finance professional with impeccable experience,” Erez stated.

Torrance, CA - January 10, 2012 - (RealEstateRama) -- Lee & Associates, one of the nation’s leading commercial real estate providers, kicked off the new year with the lease of the 50,000-square-foot Fulton Crossing at 140 William Street. The 20-year lease transaction, with the asking rent on the property at $1.7 million per annum, was brokered by the Lee & Associates NYC team of Peter Braus and James Wacht, managing principal and president respectively, and managing directors Gabe Isaacs, Peter Levitan and Garry Steinberg, representing the landlord, Crikos LLC. David Falk and Kyle Ciminelli of Newmark Knight Frank represented the tenant, Pace University

Torrance, CA - November 2, 2011 - (RealEstateRama) -- Lee & Associates announces yet another significant strategic move in both its Northeast and national expansion efforts as the commercial brokerage firm enters the New York market with the establishment of Lee & Associates NYC LLC. Located in the heart of Manhattan, Lee & Associates NYC becomes the firm’s 44th office in the U.S. and its second in the Northeast.

Somerset, NJ - October 20, 2011 - (RealEstateRama) -- Andrew Zezas, SIOR, President and CEO of Real Estate Strategies Corporation, announced today that through its New York affiliate, RealStrat® Corporation, the New Jersey based corporate real estate advisory and transaction services firm advised and represented 33Across in the negotiation of that company's headquarters lease transaction. 33Across, a company providing social media targeting technology, will relocate from its original headquarters on the 14th floor of 460 West 34th St, NY into 12,500 square foot on the top (12th) floor of 229-239 West 28th Street, New York by year end 2011. The lease term will be ten years and three months.

NEW YORK, NY - September 15, 2011 - (RealEstateRama) -- Savanna, a New York-based real estate private equity and asset management firm, today announced it has hired Todd E. Korren as Principal, Director of Leasing. In his new position, Mr. Korren will be responsible for leasing activity, tenant relations and promoting the Savanna portfolio within the brokerage community. Savanna will continue to engage third party real estate brokerage and property management firms on each of the buildings within its portfolio while Mr. Korren will coordinate leasing activities with these firms and will work directly with existing tenants within the Savanna portfolio

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.

New York—June 21, 2011 – Keller Williams NYC (www.kwnyc.com), the Manhattan franchise of leading real estate firm Keller Williams Realty Inc., today announced the appointment of Hela Miodownik as Associate Broker. Miodownik was previously a vice president at Prudential Douglas Elliman. She has been a residential real estate broker in New York City since 1999. Among her current exclusive listings is a six-bedroom, six-bath townhouse on the Upper East Side on the market for $16.5 million

New York, NY - June 13, 2011 - (RealEstateRama) -- Savanna, a New York-based real estate private equity and asset management firm, today announced it has appointed Kevin Hoo, a former Tishman Speyer executive, as Vice President. In his new position, Mr. Hoo will manage assets in the firm’s portfolio, oversee and coordinate development, along with leasing and repositioning Savanna properties. He will also be involved in acquisition underwriting, financial modeling and deal structuring.

NEW YORK, NY - June 1, 2011 - (RealEstateRama) -- Cogswell Realty LLC, a Manhattan-based real estate firm that owns, manages and develops commercial and residential properties in the New York Metropolitan Area, today announced the appointment of Avi Fisher as Vice President of Acquisitions

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 - November 8, 2010 - (RealEstateRama) -- Azure (www.azureny.com), the new luxury residential building at 333 East 91st Street on the Upper East Side, is customizing a number of units to meet the growing demand for larger apartments from people who want to raise their children in Manhattan. In recent months, The DeMatteis Organizations has customized 14 units (11 percent of the building) for buyers in Azure, with an expectation of many more to come.

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