New York RealEstateRama
HALSTEAD PROPERTY WINS 2011 WEB MARKETING ASSOCIATION AWARD FOR OUTSTANDING WEBSITE
NEW YORK, NY - October 20, 2011 - (RealEstateRama) -- Halstead Property is proud to announce that its newly re-launched website has won the Web Marketing Association’s 2011 WebAward for Outstanding Achievement in Web Development. Each year, the WebAw...
International Chemical Logistics Company Renews and Expands at Malkin Properties’ Ten Bank Street in...
WHITE PLAINS, N.Y. - October 20, 2011 - (RealEstateRama) -- NRS Logistics Inc., an American branch of Japan-based NRS Corporation, which specializes in the transportation of pharmaceuticals and chemicals, has renewed its lease and expanded its office s...
Another Full Floor of High-End Pre-Builts Completed at the Empire State Building
NEW YORK CITY, NY - October 19, 2011 - (RealEstateRama) -- The Empire State Building has completed a new set of high-end pre-builts on the 65th floor, following successful introductions and leasing of high-end pre-builts on the 53rd and 75th floors, an...
Winoker Realty Brokers Office Deal for Private Security Consultancy
NEW YORK CITY, NY - October 11, 2011 - (RealEstateRama) -- Winoker Realty has brokered a lease for midtown office space to be occupied by Esteem Security Services, Inc. at 29 West 30th Street in Manhattan, according to Elliot Klein, senior vice preside...
Leading Beauty Brand Leases Space At Malkin Properties’ 500 Mamaroneck Ave.
HARRISON, N.Y. - October 7, 2011 - (RealEstateRama) -- Lornamead, Inc., a leading global marketer of personal care brands, will relocate from High Ridge Park in Stamford, Conn. to Malkin Properties’ 500 Mamaroneck Avenue in Harrison, N.Y., accordin...
Bill Berkis of Winoker Realty Brokers East Side Lease Deal for Financial Trading Firm
NEW YORK CITY, NY - October 6, 2011 - (RealEstateRama) -- Bill Berkis, senior managing director at Winoker Realty, has brokered a deal for East Side Manhattan office space on behalf of financial services firm Seven Points Capital, LLC.
Malkin Holdings Names Maya Stanic Director of Marketing
NEW YORK CITY, NY - October 3, 2011 - (RealEstateRama) -- Malkin Holdings has appointed Maya Stanic director of marketing, announces Anthony E. Malkin, president of Malkin Holdings LLC.
CresaPartners Arranges Office Space Disposition For Apparel Company in Times Square
NEW YORK CITY, NY - September 23, 2011 - (RealEstateRama) -- CresaPartners has arranged for The Malcolm Group, an apparel manufacturer supplying some of North America’s largest chain retailers, to sublease a portion of its office space at 1412 Bro...
Medical Software Manufacturer Leases Space At Malkin Properties’ 500 Mamaroneck Ave.
HARRISON, N.Y. - September 22, 2011 - (RealEstateRama) -- Medicsight PLC, a leading developer of computer-aided detection (C.A.D.) and image analysis software for the medical imaging market, has signed a new lease at 500 Mamaroneck Avenue in Harrison...
JOHN HENDERSON JOINS MORRIS ADJMI ARCHITECTS AS MANAGING DIRECTOR
New York, NY - September 15, 2011 - (RealEstateRama) -- Morris Adjmi Architects announced today the appointment of John Henderson to the newly created position of Managing Director. He will be responsible for overseeing day-to-day operations as well as leveraging his more than 20 years of experience to expand the firm’s interior design practice.
Jones Lang LaSalle Reveals the Most Expensive Streets for Office Space in North America
NEW YORK, NY - September 13, 2011 - (RealEstateRama) -- In a recent study of 40 office markets across North America, Jones Lang LaSalle reveals the most expensive streets* for office space. Sand Hill Road in Menlo Park, Calif., topped the list with average rents reaching almost $114 per square foot (psf), while iconic streets such as Fifth Avenue in New York runs at $97 psf and Pennsylvania Avenue in Washington, DC fetches above $80 psf.
Top-Of-the-Line Cashmere Supplier Comes to Madison Avenue in Deal Brokered by Winoker Realty
NEW YORK CITY, NY - September 12, 2011 - (RealEstateRama) -- Winoker Realty has leased midtown office space to Oakhurst Partners, LLC, the corporate parent of cashmere and camelhair fabric supplier Amicale Industries, Inc., according to Barry Bernstein, senior managing director at Winoker.
Global Financial Consultancy Leases Over 12,000 Square Feet At Malkin Properties’ Ten Bank Street...
WHITE PLAINS, N.Y. - September 12, 2011 - (RealEstateRama) -- TwoFour Holdings, Inc., a provider of 24/7 global technology and consultancy solutions for treasury and capital markets, has leased 12,274 square feet of office space for its headquarters at Ten Bank Street, directly adjacent to the White Plains Transportation Center, according to Jeffrey H. Newman, executive vice president of Malkin Properties, the marketing and managing agent for the building.
NYU’s Furman Center Launches Comprehensive Database of NYC Subsidized Rental Housing: Subsidized Housing Information...
New York, NY - September 8, 2011 - (RealEstateRama) -- NYU's Furman Center for Real Estate and Urban Policy and its Institute for Affordable Housing Policy launched the Subsidized Housing Information Project (SHIP), an interactive database with extensive information on nearly 235,000 units of privately-owned subsidized rental housing in New York City. The database consolidates information from 50 separate public and private data sources into one searchable website, now available at: www.furmancenter.org/data/search.
Homes and Community Renewal Message for CFA
New York, NY - September 5, 2011 - (RealEstateRama) -- On July 20, 2011, as part of a historic initiative to transform New York State's model for economic development and job creation, Governor Cuomo announced that up to $1 billion in economic development funding would be made available through a Consolidated Application Process (CFA). Beginning September 2, 2011, the NYS Consolidated Funding Application (CFA) is available to eligible applicants, marking a fundamental shift in how economic development resources are allocated. The CFA will serve as a more efficient and effective tool to streamline and expedite the State's efforts to generate sustainable economic growth and employment opportunities across the state.
BISHOP: SUFFOLK COUNTY HOMEOWNERS AND BUSINESSES STILL ELIGIBLE FOR INDIVIDUAL AID
PATCHOGUE, NY - September 5, 2011 - (RealEstateRama) -- Suffolk County homeowners and businesses still may be eligible for Individual Assistance (IA) aid from the Federal Emergency Management Agency (FEMA) for damage caused by Tropical Storm Irene, Congressman Tim Bishop announced today. FEMA has already approved Suffolk County for Public Assistance (PA) disaster aid, under which state and local governments can be reimbursed for costs incurred in responding to the storm.
BISHOP: SUFFOLK COUNTY HOMEOWNERS AND BUSINESSES STILL ELIGIBLE FOR INDIVIDUAL AID
PATCHOGUE, NY - September 5, 2011 - (RealEstateRama) -- Suffolk County homeowners and businesses still may be eligible for Individual Assistance (IA) aid from the Federal Emergency Management Agency (FEMA) for damage caused by Tropical Storm Irene, Congressman Tim Bishop announced today. FEMA has already approved Suffolk County for Public Assistance (PA) disaster aid, under which state and local governments can be reimbursed for costs incurred in responding to the storm.
FEMA RESPONDS TO BISHOP’S CALL FOR ASSISTANCE TO HOMEOWNERS AND BUSINESSES
PATCHOGUE, NY - September 5, 2011 - (RealEstateRama) -- Congressman Tim Bishop applauded the decision by FEMA to expand eligibility for Individual Assistance (IA) grants to Suffolk County homeowners and businesses who suffered damage from Tropical Storm Irene. Bishop appealed directly to President Obama for Suffolk to receive IA due to the severe damage to private property in coastal areas.
Jones Lang LaSalle Closes $136+ Million Sale of Times Square Retail Property
NEW YORK, NY - August 25, 2011 - (RealEstateRama) -- Jones Lang LaSalle announced its New York Capital Markets team has closed the sale of 1552 Broadway for the Riese Organization. A joint venture of SL Green and Wharton Acquisitions purchased the 15,000-square-foot retail property for $136,550,000.
Walgreens to Create New Manhattan Flagship at the Empire State Building By Exchanging Concourse...
NEW YORK CITY, NY - August 25, 2011 - (RealEstateRama) -- The Empire State Building and Walgreens have completed a transaction to benefit the building’s neighborhood, tenants, and visitors to its world-famous Observatories. Walgreens, the nation’s largest drugstore chain, has just renewed its lease on the ground floor of the building’s corner at Fifth Avenue and 33rd Street, and exchanged 10,000 square feet on the concourse level of the property for 10,000 square feet on the second floor.
Starbucks Takes Remaining Retail Space at W&H’s 1350 Broadway
NEW YORK CITY, NY - August 25, 2011 - (RealEstateRama) -- Starbucks has taken the last remaining retail space at W&H Properties’ 1350 Broadway, completing the retail repositioning of the property, announces Anthony E. Malkin, president of Malkin Holdings, which supervises W&H Properties.
Tech consulting Company Leases Through Winoker Realty; Reflects Trend of Tech Companies Moving to...
NEW YORK CITY, NY - August 22, 2011 - (RealEstateRama) -- Jackobin Consulting Services, Inc., a consultancy firm that provides project management, staffing, and web services for technical companies, has leased 6,500 square feet at 1150 Avenue of the Americas, according to Corey Abdo, executive vice president and principal of Winoker Realty.
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.
Injunction Obtained in New York Loan Modification Scam Lawsuit Against Homesafe America, Inc.
NEW YORK, NY - August 16, 2011 - (RealEstateRama) -- This morning, Justice John M. Galasso of the Nassau County Supreme Court issued a sweeping order shutting down one of New York’s largest mortgage scam operations pending trial. The order is the most substantial victory to date in a year-long legal campaign against “loan modification scams” in New York and nationwide.
FINANCE COMMISSIONER DAVID M. FRANKEL AND SMALL BUSINESS SERVICES COMMISSIONER ROBERT W. WALSH ANNOUNCE...
WASHINGTON, D.C. - August 12, 2011 - (RealEstateRama) -- Finance Commissioner David M. Frankel and Small Business Services Commissioner Robert W. Walsh today announced a new program aimed at granting business and residential tenants access to information about refunds that they could be entitled to.
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
Manager of Mortgage Brokerage Firm, Bridgewater Funding, LLC, Sentenced in Manhattan Federal Court to...
August 2, 2011 - (RealEstateRama) -- PREET BHARARA, the United States Attorney for the Southern District of New York, announced that MICAH MEYERS was sentenced today in Manhattan federal court to 60 months in prison for his role in a sub-prime mortgage fraud scheme involving dozens of residential mortgages that totaled more than $10 million. MEYERS previously pled guilty to one count of conspiracy to commit bank and wire fraud on May 27, 2010. His sentence was imposed by United States District Judge DEBORAH A. BATTS
Hinchey Announces $200,000 in Federal Funding to Help Homeless Veterans in the Hudson Valley...
Washington, DC - July 22, 2011 - (RealEstateRama) -- Congressman Maurice Hinchey (D-NY) today announced that the Poughkeepsie Housing Authority has been awarded $212,520 in federal funds to provide permanent housing for homeless veterans in the Mid Hudson Valley. The funds were awarded through the U.S. Department of Housing and Urban Development (HUD) Veterans Affairs Supportive Housing (VASH) program of which Hinchey is a steadfast supporter
STEADY PROGRESS FOR NYC RESIDENTIAL MARKET IN 2ND QUARTER, ACCORDING TO REBNY BROKER SURVEY
NEW YORK, NY - July 21, 2011 - (RealEstateRama) -- A broker survey conducted by the Real Estate Board of New York (REBNY) for the second quarter of 2011 found that 77 percent believe next quarter’s values and sales will be better than or the same as this quarter. Also, 10 percent more brokers reported closing sales at or above asking price compared to what brokers reported in the second quarter of 2010