Property, Rentals, Transactions

New York, NY - May 21, 2010 - (RealEstateRama) -- New York City Economic Development Corporation (NYCEDC) in cooperation with the New York City Department of City Planning (DCP) announced the installation of the first new storefront improvements through the Fulton Nassau Crossroads Program this week.

NEW YORK, NY - May 21, 2010 - (RealEstateRama) -- The New York office of Hines, the international real estate firm, announced today that a subsidiary of the Hines U.S. Core Office Fund LP (Core Fund) has closed on the sale of 600 Lexington, a 36-story 303,515-square-foot office tower located on the Northwest corner of Lexington Avenue and 52nd Street in New York City, to SL Green Corp.

May 21, 2010 - (RealEstateRama) -- Frederick Douglass Academy students present their findings on the health and ecology of the Harlem River, with tours of the new Harlem River Park designed to bring the public closer to a key confluence in the New York City “eco-stream.”

Atlanta, GA - May 21, 2010 - (RealEstateRama) -- Georgianative Jodi Patterson, an Atlanta Realtor with 10 years experience, recentlymade the switch to Prudential GeorgiaRealty. She is based out of PrudentialGeorgia Realty’s Midtown office, located on Peachtree Street a few blocks from the High Museum.

May 21, 2010 - (RealEstateRama) -- The City of Springfield, in conjunction with Daniel J. Flynn & Co. of Quincy, will auction off 39 (thirty-nine) properties in tax-title possession on Tuesday, June 8, 2010. Registration begins at 5:00 P.M. and the auction begins at 6:00 P.M. The Auction will be conducted ballroom-style, at Springfield City Hall located at 36 Court Street, Springfield, MA

New York, NY - May 21, 2010 - (RealEstateRama) -- New York City apartment building workers ratified a four-year agreement Friday that provides nearly 10% in wage increases, maintains fully employer-paid family health care coverage and keeps pension benefits secure. The new $8.1 billion contract with the Realty Advisory Board (RAB) covers 30,000 doormen, superintendents, resident managers, porters, handymen and concierges at over 3,200 New York City buildings.

EUGENE, OR - May 21, 2010 - (RealEstateRama) -- Shelia Salvitti, a member of Coldwell Banker Premier Properties in North Wales, Pennsylvania, has joined IDX, Inc.'s growing group of talented real estate agents and brokers who are changing the way people search for homes online. The IDX Broker technology extracts raw listing data from the Trend MLS (Trend) listing database and displays it directly on her website, bringing the most comprehensive search to her potential home buying clients

PEARL, MI - May 21, 2010 - (RealEstateRama) -- More than 175 Mississippi Cottages will be auctioned off to registered bidders at 10 a.m. on June 4. The cottage units are staged at 346 Beaver Dam Rd., Perkinston, Miss., 39573. The auction will feature one-bedroom, 400 square feet units with feature front porches. The units will be sold as they are. The condition of the units varies from slightly damaged to needing multiple improvements

Los Angeles, CA - May 19, 2010 - Nearly 70% of U.S. retailers believe that the overall economy is improving, and 92% are planning to increase store openings, according to a new survey released by CB Richard Ellis Group, Inc.(CBRE). The report, "Shop Talk - A Retailer's Perspective", also finds that despite an improving economy, nearly all the retail executives surveyed believe that retail rents will either fall or remain flat throughout the rest of 2010

ATLANTA, GA - May 20, 2010 - (RealEstateRama) -- Atlanta realestate professional and REO specialist Cindy Simpson was named 2009 winner ofthe Top of The Rock Award for top residential units for the U.S. South region. TheCindy Simpson REO Team is based out of Prudential Georgia Realty’s Cobb/Roswelloffice and handles REO transactions all over metro Atlanta. Prudential Real Estate andRelocation Services is a company of Prudential Financial, Inc. [NYSE:PRU].

LOS ANGELES, CA - May 20, 2010 - (RealEstateRama) -- The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) is calling on California state senators to vote “yes” and approve SB 1178 (D-Corbett), which will extend anti-deficiency protection for consumers who have refinanced their original mortgage loans and now are facing foreclosure. C.A.R. is the sponsor of the legislation

Atlanta,GA - May 19, 2010 - (RealEstateRama) -- Atlanta real estate professional Tenley Robinson,with her 22 years experience advising buyers and sellers through many changingmarkets, has joined Prudential Georgia Realty’s newest office in Buckhead. Theoffice, which hosts its grand opening celebration later this month on May 20th,is located at 3221 Peachtree Road, just south of the Peachtree and Piedmont Road intersection.

ORLANDO, FL - May 19, 2010 - (RealEstateRama) -- Florida Realtors’® member website, www.floridarealtors.org , took top honors nationally in the prestigious “2010 Outstanding Realtor Association Web Site Contest,” sponsored by the National Association of Realtors® (NAR) and Realtor® Association Executive Magazine.

EUGENE, OR - May 19, 2010 - (RealEstateRama) -- IDX, Inc. is pleased to announce today's addition of Realty Corner, Inc. and its owner, Reed Smith, to the growing number of real estate agents and brokers choosing to update their professional websites to better facilitate the online home search. With the use of IDX Broker software, Smith's clients can now search through thousands of Northern Nevada Region MLS (NNRMLS) listings, in an effort to match buyers with their dream property. The up-to-the-minute property details grant potential buyers access to listing information never before given to home seekers.

EUGENE, OR - May 19, 2010 - (RealEstateRama) -- Michelle Roberts of Keller Williams joins with IDX, Inc. to revolutionize her professional real estate website for both clients and agents. Now, thanks to IDX Broker software, Roberts' online home search tools enable home seekers in the Cary, North Carolina area to explore thousands of listings from the convenience of her website. The integrated IDX technology extracts raw listing data from the Triangle MLS (TMLS) listings and displays them on Roberts' site. Home seekers have more access than ever to up-to-the-minute TMLS area listings, a freedom never before afforded to potential home buyers through the online property search.

LOS ANGELES, CA - May 19, 2010 - (RealEstateRama) -- Facing the possibility of foreclosure, California homeowners may be hit with more than just losing their homes. Due to a loophole in state law, they also can be sued by their lender. For people who have refinanced a property, even if the money is used for home improvements, there is no protection should the borrower default on a mortgage that’s greater than the property’s value. Called a “deficiency” liability, under current California law, the lender can sue the former homeowner for the amount of the deficiency even after taking back the property

PHILADELPHIA, PA - May 18, 2010 - (RealEstateRama) -- Metro Commercial Real Estate, Inc., the region’s premier full-service retail real estate company, has brokered the sale of two former Office Depot stores to Sixth Avenue Electronics.

Houston, TX - May 18, 2010 - (RealEstateRama) -- Smile Design Studios has leased 1,750 square feet at Colony Lakes Shopping Center, which is located at 6130 Highway 6 South in Missouri City. Russell Janicek, Alex Makris and Jazz Hamilton of CB Richard Ellis represented the landlord, Colony Lakes Center, Ltd, in the transaction. Susan J. Rinyu of Susan J. Rinyu Interest represented the tenant.

EUGENE, OR - May 18, 2010 - (RealEstateRama) -- Coldwell Banker Select Professionals' Steve Bickford has teamed up with IDX, Inc. to employ a new and unique online home search experience for his buyers. The personalized IDX (Internet Data Exchange) technology that is now integrated on Bickford's website now partners with the Central Penn Multi-List (CPMLS) to deliver the multitude of diverse listings to the fingertips of home seekers in the Central Pennsylvania area who are searching for their property online. Finding the perfect home in the Harrisburg area is now easier than ever, thanks to the search tools on Bickford's professional website. IDX Broker software has eliminated the hassle and stress real estate websites used to cause potential home buyers by making the process simple for both real estate professionals and buyers.

May 18, 2010 - (RealEstateRama) -- The City of Hartford will conduct a live public auction to sell city-owned properties on Thursday, May 27th at 6:30 PM. The auction will be held in the Atrium at City Hall, 550 Main Street, in Downtown Hartford. Bidder registration will begin at 5:30 PM. The auction is open to the public, and there is no cost to register as a bidder

Washington, D.C. - May 18, 2010 - (RealEstateRama) -- Today, Bill Askew, Senior Policy Advisor, for the Financial Services Roundtable testified before the House Financial Services Committee’s Subcommittee on Oversight and Investigations. The hearing was titled “Commercial Real Estate: A Chicago Perspective on Current Market Challenges and Possible Responses.”

Chicago, IL - May 18, 2010 - (RealEstateRama) -- The commercial real estate market is experiencing its worst liquidity challenge in almost 20 years, and it is vital that Congress take action to prevent a deepening crisis, the National Association of Realtors® said in testimony to the U.S. House of Representatives Subcommittee on Oversight and Investigations today

Washington, DC - May 17, 2010 - (RealEstateRama) -- The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) released today the names of five organizations which will receive federal grants under the first round of the Financial Education and Counseling (FEC) Pilot Program.

May 17, 2010 - (RealEstateRama) -- What: Because Arizona has one of the highest concentrations of real estate agents with the CDPE (Certified Distressed Property Expert) designation in the nation, it will be hosting the upcoming national CDPE Momentum 2010 three-day conference from May 20-22, 2010. This event is open to real estate professionals only.

Atlanta, GA - May 17, 2010 - (RealEstateRama) -- Georgianative Julia Blake, an Atlanta Realtor with nine years experience, recentlymade the switch to Prudential GeorgiaRealty. She is based out of Prudential Georgia Realty’s Midtown office, located on Peachtree Street a few blocks from the High Museum

WALLINGFORD, CO - May 17, 2010 - (RealEstateRama) -- As a result of March’s severe storms and flooding, help is available to support the state of Connecticut and its homeowners and low-income renters, according to U.S. Housing and Urban Development (HUD) officials.

EUGENE, OR - May 17, 2010 - (RealEstateRama) -- IDX, Inc. is pleased to announce the addition of Florida Realtor Randy Robinson and Highlight Realty to the growing number of agents and brokers choosing to create customized real estate websites with the IDX Broker software. The tools used to integrate Palm Beach Regional MLS (RMLSFL) listings and Robinson's website revolutionize the online home search for potential buyers by giving them more options and freedom throughout the process. The custom IDX solution on Robinson's website extracts raw listing data from the RMLSFL and displays it on his website providing home seekers the most comprehensive list of properties available

EUGENE, OR - May 14, 2010 - (RealEstateRama) -- IDX, Inc. brings its time-saving technology to Blaine, Minnesota Realtor Kris Lindahl and the successful team at Edina Realty's website. The solutions offered to agents and brokers through a customizable IDX solution give them the unique opportunity to simplify their professional website, while delivering their clients with an easy-to-use and extensive database of featured properties. Lindahl's partnership with Northstar MLS (Northstar) helps to combine thousands of area listings with the homes Lindahl represents, to give home seekers an expansive list of homes to explore.

Washington, DC - May 14, 2010 - (RealEstateRama) -- The National Association of Realtors® has awarded $39,450 to 15 local and state Realtor® associations through its Diversity Initiative Grant Program.

Washington, DC - May 14, 2010 - (RealEstateRama) -- While the commercial real estate market may not have fully recovered, National Association of Realtors® Chief Economist Lawrence Yun identified some developing, positive trends in the market that could eventually lead to recovery at the “Economics Issues and Commercial Business Trends Forum” yesterday.