Real Estate Weekly back issues from December 2003:
Star power.(USI New York Real Estate Roundtable)(Brief Article)
Dec 03, 2003 ... STAR POWER ... Some of the real estate luminaries participating in the recent USI New York Real Estate Roundtable were Steve Ross, The Related ...
State Street celebrates Financial Center move.(State Street to lease space at Two World Financial Center)
Dec 03, 2003; ... Government and industry officials last week helped financial services firm, State Street, celebrate a deal that will bring up to 1,500 jobs to Lower Manhattan. Boston-based State Street, which has 18,000 employees, is to lease 80,000 s/f of space at Two World Financial Center, ...
REBNY's rosy outlook.(Real Estate Board of New York )
Dec 03, 2003; ... The Real Estate Board of New York delivered nothing but rosy hopes for the City's major development projects at its recent luncheon. The three panelists, including past REBNY chairperson Jerry I. Speyer, current chairperson Burton R Resnick, and future chairperson John E ....
Durst buy-back plan sparks controversy.(Douglas Durst)
Dec 03, 2003; ... Douglas Durst's efforts to have the Empire State Development Corporation condemn a block on 6th Avenue, between 42nd and 43rd Street, by eminent domain drew both support and criticism at a public hearing Nov. 20. The Durst Organization plans to erect a 57-story skyscraper for ...
Silverstein to be reimbursed $98M of WTC investment.(Larry Silverstein )
Dec 03, 2003; ... Larry Silverstein reportedly will be reimbursed much of his reserve funds he invested six weeks before terrorist slammed jets into the Twin Towers of the World Trade Center. The New York Times reported Nov. 22 that Silverstein and his co-investors would receive $98 million, about 80 ...
Classic Security, an Alliance Building Service Company, hosted a New York Police Department counter-terrorism workshop at the Police Museum.(Brief Article)
Dec 03, 2003 ... Classic Security, an Alliance Building Service Company, hosted a New York Police Department counter-terrorism workshop at the Police Museum. More than 30 executives of SL Green Realty Corp. attended the first of a series of lectures being conducted by Classic Security to educate the ...
Wolfgang Puck chooses Hoboken to open first north east restaurant.
Dec 03, 2003 ... Wolfgang Puck Express, a casual restaurant offering patrons fast and healthy food created by world-renowned chef Wolfgang Puck, opened recently at SJP Properties' Waterfront Corporate Center I, located at 100 Sinatra Drive (at First Street), in Hoboken, New Jersey. "The presence ...
Tea Room's $30m price tag.(Brief Article)
Dec 03, 2003; ... A month after they joined new home, Cushman & Wakefield, Ron Cohen and Richard Baxter are back in the game, marketing some of New York's hottest properties. The team is currently trying to sell the Russian Tea Room building at 150 W. 57th St., as well as a development site at ...
Printers ink deal at Reuters building.(Quad/ Graphics )(Brief Article)
Dec 03, 2003 ... Wisconsin-based printing giant, Quad/ Graphics has inked a 31,000 s/f lease for its New York imaging facility and corporate offices in the Reuters Building, located at 3 Times Square. Alan Desino, Senior Vice President of CB Richard Ellis negotiated the $15 million transaction ...
Cushman & Wakefield.(Who's news: management personnel)(Keith Misner appointed senior managing director)(Brief Article)
Dec 03, 2003 ... Cushman & Wakefield announced that Keith Misner has joined the firm as senior managing director. In his new position, Misner will be responsible for the national management of The Apartment Group, a Cushman & Wakefield company. Prior to joining Cushman & Wakefield, Misner served ...
Archon Atlantic.(Who's news: management personnel)(Brief Article)
Dec 03, 2003 ... Archon Atlantic announced that Fred J. Arena has been appointed as director of commercial real estate and regional director-of management. In his new position, Arena will be responsible for all operations. Arena has more than 25 years of ...
Holliday Fenoglio Fowler.(Who's news: management personnel)(Brief Article)
Dec 03, 2003 ... Holliday Fenoglio Fowler announced that Wally Reid has joined the firm as a senior director in its national debt placement group. Prior to joining Holliday Fenoglio, Reid worked at L.J ....
KOR Companies.(Who's news: management personnel)(Brief Article)
Dec 03, 2003 ... KOR Companies announced that Aanand Sunderajan has been appointed as president of its retail division. Prior to joining KOR Companies, Sunderajan served as an associate of development and leasing with Vornado Realty Trust ....
The Schultz Organization/TCN Worldwide.(Who's news: management personnel)(Brief Article)
Dec 03, 2003 ... The Schultz Organization/TCN Worldwide announced that John K. Friedland has joined the firm as managing director. Friedland has 16 years of experience in commercial real estate. Prior to joining the Schultz Organization, he served as senior vice ...
RE/MAX of New York, Inc.(Who's news: management personnel)(Brief Article)
Dec 03, 2003 ... RE/MAX of New York, Inc. announced that David DePhillips has joined the firm as a franchise consultant in its franchise sales division. In his new position, DePhillips will be responsible for establishing ...
Sonnenblick-Goldman Company.(Who's news: management personnel)(Brief Article)
Dec 03, 2003 ... Sonnenblick-Goldman Company announced that Richard Swartz has been appointed as principal and managing director of the firm's New York and San Francisco offices. In his new position, Swartz will be responsible for arranging debt and equity financing and investment sales. Swartz ...
The David Cronheim Company.(Who's news: management personnel)(Brief Article)
Dec 03, 2003 ... The David Cronheim Company announced that Kristen Williams has been appointed as a sales associate. In her new position, Williams will be responsible for the sales and leasing of commercial ...
Houlihan/Lawrence.(Who's news: management personnel)(Brief Article)
Dec 03, 2003 ... Houlihan/Lawrence announced that Nancy Matchen has been appointed as a sales associate in its Briarcliff Manor, N.Y. office. Matchen has more than 20 years of experience in sales and ...
Cushman & Wakefield.(Who's news: management personnel)(Brief Article)
Dec 03, 2003 ... Cushman & Wakefield announced that Eric D. Michel has been appointed as senior director in the firm's valuation services advisory group. Michel has 20 years ...
Northfield Savings Bank.(Who's news: management personnel)(Brief Article)
Dec 03, 2003 ... Northfield Savings Bank announced that Ravi Panesor has been appointed as branch manager of Liberty Bank's Edison, N.J. office ....
Akam Associates.(Who's news: management personnel)(Brief Article)
Dec 03, 2003 ... Akam Associates announced that Thomas Teeple has been appointed as director of management services. In his new position, Teeple will be responsible for the company's marketing efforts and new business ...
Union State Bank.(Who's news: management personnel)(Brief Article)
Dec 03, 2003 ... Union State Bank announced that John P. Bartolotta has been appointed as senior vice president, Rockland loan manager and commercial loan officer. Bartolotta has more than 25 years of experience in banking. Prior to ...
Palisades Financial.(Who's news: management personnel)(Brief Article)
Dec 03, 2003 ... Palisades Financial announced that David Hall has been appointed as director of its executive team. In his new position, Hall will be responsible for investment strategies and underwriting and due diligence activities. Hall has more than 13 years of experience in real estate investment and ...
Douglas Elliman.(Who's news: management personnel)(Brief Article)
Dec 03, 2003 ... Douglas Elliman announced that Edo Raday has joined the firm as a sales agent. Prior to joining Douglas Elliman, Raday served as a co-op and condo broker with ...
Rockwood Realty.(Who's news: management personnel)(Brief Article)
Dec 03, 2003 ... <AT>Calendar</AT> Rockwood Realty announced that Scott Hall has been appointed as senior vice president. Prior to joining Rockwood Realty, Hall served as vice ...
Pliskin Realty & Development, Inc.(Who's news: management personnel)(Brief Article)
Dec 03, 2003 ... Pliskin Realty & Development, Inc. announced that David Pliskin has joined the firm as executive vice president of property management. In his new position, Pliskin will be responsible for overall facilities management and related office ...
Allied Home Mortgage Capital Corporation.(Who's news: management personnel)(Brief Article)
Dec 03, 2003 ... Allied Home Mortgage Capital Corporation announced that Norm DuBois has been appointed as sales manager. In his new position, DuBois will be responsible for building new teams and ...
SSR Realty Advisors, Inc.(Who's news: management personnel)(Brief Article)
Dec 03, 2003 ... SSR Realty Advisors, Inc. announced that Jay K. Alexander will join the firm as managing director and portfolio manager of its Tower Fund on Dec. 8. The Tower Fund is an open-end fun with more than $1.4 billion of assets. Prior to joining SSR Realty, Alexander served as managing ...
Around the town: events seminars meetings talks.(multiple briefs)
Dec 03, 2003 ... AGENTS Trammell Crow Company has been appointed as the exclusive sublease agent for 5 Regent St. in Livingston, N.J. The building contains 11,500 s/f of sublease space. Neal Heinze and Lee Barnes will handle this assignment. SALES Newmark New Jersey ...
Red carpet treatment that keeps investors in the black.(Profile of the week: Howard Michaels, Group Chairman, CEO, Carlton Group)(Interview)
Dec 03, 2003; ... Carlton Group Chairman and CEO Howard Michaels has been involved in a business environment since he was 12. "My dad used to take me to work with him," Michael said. "He was in the retail carpet business." While other kids were playing varsity football, Michaels worked ...
The Columbus Avenue BID launched its new theme song and public service announcement to a crowd of more than 200 brokers at the REBNY Westside Brokers Event at Ruth's Chris.(Brief Article)
Dec 03, 2003 ... Caption: The Columbus Avenue BID launched its new theme song and public service announcement to a crowd of more than 200 brokers at the REBNY Westside Brokers Event at Ruth's Chris. Pictured: Stephen Wald, Co-Chair REBNY Westside Committee and President, Stephen P. Wald ...
New York ranked No. 7 in national office index.
Dec 03, 2003 ... Marcus & Millichap Real Estate Investment Brokerage Company, released its Office Research Report for the New York City market. Relatively low vacancy and projected employment growth pushed New York City's office market ranking up five places, to No. 7, in Marcus & Millichap's ...
$350M fund seeks partners.(Heitman Value Partners L.P. )(Brief Article)
Dec 03, 2003 ... Heitman has announced that its Heitman Value Partners, L.P. fund is seeking public and private operating partners interested in forming joint ventures to invest in residential, office, industrial and retail properties as well as in specialty sectors such as medical office and self-storage ...
NYT sale leaseback completed.(New York Times)(Brief Article)
Dec 03, 2003 ... Newmark managing principal Chuck Tabone, SIOR, in conjunction with John Maltz, SIOR, of Greiner-Maltz, recently represented The New York Times in the sale of 303 Smith Street in Farmingdale, a 96,000-square foot warehouse and distribution facility, to Seigerman's Furniture. A ...
Houlihan's signs up Katz & Assoc.(Brief Article)
Dec 03, 2003 ... Katz & Associates has secured the exclusive right to represent Houlihan's Restaurant Group throughout the US (except Kansas City). Houlihan's currently operates 33 company restaurants and 49 franchised locations throughout the Midwest and Eastern US. "Houlihan's program ...
Benefit celebrates Harlem Children.(Brief Article)
Dec 03, 2003 ... This year's St. Charles Borromeo annual benefit, carrying the theme, "A Celebration of the Children of Harlem at St. Charles Borromeo School," will welcome Dylan Lauren, owner of Dylan's Candy Bar, as honorary chairperson. The evening will include a musical by Carla Harris of ...
Swig Burris and Zamir to buy 44 Wall St.
Dec 03, 2003 ... Kent M. Swig, principal of Swig Burris Equities, LLC and Asher Zamir, of Zamir Equities, jointly announced that they have signed a contract to purchase 44 Wall Street. Located in the heart of Downtown Manhattan's financial district, this 25-story 340,000 square foot multi-tenant ...
Publishers lead rush to 5 Penn Plaza.(Brief Article)
Dec 03, 2003 ... Leasing velocity at the 24-story, 608,000 square feet, Class A office building, the closest within the Penn Plaza district to the new Penn Station, has substantially increased within recent months. A number of deals have been arranged recently on behalf of the landlord, 461 ...
Bankers continue Brooklyn tradition.(Commerce Bank renews lease)(Brief Article)
Dec 03, 2003 ... Commerce Bank has renewed its lease for nearly 10,000 square feet of ground floor retail space at 205 Montague Street in downtown Brooklyn, keeping alive a financial tradition of sorts. The space, which has served as a branch location for decades, was formerly home to European ...
Retailer's 30th city superstore is largest.(Vitamin Shoppe)(Brief Article)
Dec 03, 2003 ... The Vitamin Shoppe, one of the fastest growing retailers in the country, recently unveiled its new Superstore at 385 Fifth Avenue in Manhattan this October. Located at 36th Street and Fifth Avenue, this store is the retailer's largest store to date in New York City, encompassing ...
RFK tapped for Grand Central Terminal retail leasing.(Robert K. Futterman and Associates L.L.C.)
Dec 03, 2003 ... Robert K. Futterman & Associates, LLC, has been selected by the Metropolitan Transportation Authority (MTA) as its retail leasing and merchandising consultant for Grand Central Terminal. The three-year assignment, which was approved by the MTA board at its meeting October 28, ...
Newmark completes 2 Broadway project.(Newmark New Spectrum )(Brief Article)
Dec 03, 2003 ... Newmark New Spectrum announced that it has completed six retail leasing transactions totaling approximately 13,000 square feet on behalf of the Metropolitan Transportation Authority, the net lessee of 2 Broadway in downtown Manhattan. Gary Alterman, executive vice president and principal ...
Progressive renews lease.(Brief Article)
Dec 03, 2003 ... Cushman & Wakefield has announced that Progressive Casualty Insurance Company has signed three leases for over 20,000 square feet of office space in Westchester and Rockland Counties. The company's claims division renewed its lease for 12,520 square feet at One Executive ...
Polishing off nail leases.(Pliskin Realty and Development Inc. leases)(Brief Article)
Dec 03, 2003 ... Pliskin Realty & Development, Inc. announced its completion of 12 separate leases for Angel Tip Nail Salon owner-operators ...
LI big-box center sold.(Voice Road Plaza )(Brief Article)
Dec 03, 2003 ... Rockwood Realty Associates, L.L.C., one of the industry's leading diversified real estate investment banking firms, announced the sale of Voice Road Plaza in Carle Place, New York to First Allied Corporation on behalf of Kimco Realty Corporation. The sale price ...
White Plains success story.
Dec 03, 2003 ... In one of the most remarkable real estate turnarounds in recent memory, 333 Westchester Avenue in White Plains, which a year ago was 85% vacant, is today 85% leased up. Developer Charles S. Cohen, who turned a "tired" single-user headquarters complex for General Foods into a ...
Port Authority to tighten construction site security.
Dec 03, 2003; ... The Port Authority is proposing $500 million in safety and security measures that would change the way many in the construction industry conduct their business. At the Building Trade Employees Association safety luncheon last week, officials from the Port Authority of New York ...
Air Train will help Jamaica redevelopment take off.(Brief Article)
Dec 03, 2003 ... The Port Authority of NY/NJ recently announced that the new light rail system; AirTrain, connecting JFK International Airport to Jamaica, Queens will start service next month. JFK Corporate Square (JFKCS), the new multi-use redevelopment project in downtown Jamaica is now poised ...
Mayor keeps his promise to re-zone Throgs Neck.
Dec 03, 2003 ... In announcing the administration's efforts to keep communities livable and vital, the Mayor is delivering on a promise he made in July at a meeting with the Throgs Neck Homeowners Association--the same group the Mayor addressed today, only 120 days after the initial meeting. The ...
$550M Newark transformation.(urban neighborhood planned along Mulberry Street )
Dec 03, 2003 ... Mayor Sharpe James unveiled a $550 million plan recently to transform a 13-acre site along Mulberry Street into the first comprehensive urban neighborhood in downtown Newark. The Mayor was joined at a City Hall Press Conference by Business Administrator Richard Monteilh and ...
Sterling Glen begins construction on 2.2 acre Long Island site.(Sterling Glen of Lynbrook)
Dec 03, 2003 ... Sterling Glen has launched construction of a senior assisted living residence located on a distinctive 2.2-acre parcel in Lynbrook, New York, adjacent to Tanglewood Preserve, announced Michael Daly, president and chief executive officer of Sterling Glen. The community, to be ...
Ground broken on 'unique' Westchester project.(Woodcrest Village Condominiums and Glassbury Court)(Brief Article)
Dec 03, 2003 ... In what is one of the most uniquely designed residential real estate projects in Westchester, Wilder Baiter Partners broke ground on a 25-acre tract in Mount Kisco and Bedford that will be home to both seniors seeking affordable apartments as well as more affluent individuals looking for ...
City completes Bay Bridge project ahead of schedule.(Brief Article)
Dec 03, 2003 ... The successful completion of a two-year project that completely rebuilt a 30-block, mile and a half stretch of Fifth Avenue in Bay Ridge Brooklyn was announced last week. Mayor Michael R. Bloomberg, Department of Design and Construction Acting Commissioner Anne Papageorge, ...
Hopes comes to Harlem.(Hope Community Inc. hosts ribbon cutting ceremony for new apartment building)(Brief Article)
Dec 03, 2003 ... Hope Community, Inc. (Hope), a not-for-profit community development corporation (CDC) in East Harlem, will host a ribbon cutting ceremony on Thursday, December 18, at 5:00 p.m. to celebrate the opening of the Ortiz Wittenberg Residence, which will provide 44 new apartments for low-income ...
Hampshire Self Storage reports plenty of activity.
Dec 03, 2003 ... The Hampshire Companies, a full-service real estate firm with a diversified national portfolio, announced recent activities within its Hampshire Self Storage Fund LLC, a self-managed private real estate investment fund. The Hampshire Self Storage Fund recently completed ...
Hangar Design Group, where ideas take flight.(Profile in Construction and Design)
Dec 03, 2003; ... Hangar Design Group, with its European influence, has a pulse on New York City. As the Flatiron building celebrated its 100th birthday last year, the Hangar Design Group, a firm that began in Italy 15 years ago, opened its New York offices there. "We thought about ...
New York State must restore financing for CUNY/SUNY capital projects. (Inside Construction).(Brief Article)
Dec 03, 2003; ... Thanks to the efforts of Governor George E. Pataki and the New York State Legislature, virtually all City and State universities have recently benefited from a host of physical upgrades at campuses throughout the public higher educational system. Starting in the late 1990's, the ...
Architect's vision comes to life in New Rochelle.
Dec 03, 2003 ... The master plan created by the firm of Susan Doban Architect, PC, for Monroe College on Main Street in New Rochelle, NY, is coming to life with the opening of the college's new administration and classroom building, Milavec Hall, and the recent approval from city officials to build a ...
Asbury Partners team up with ABA for home court plan.(Associations: events, awards)
Dec 03, 2003 ... Asbury Partners, LLC, working in conjunction with the American Basketball Association (ABA), has established Asbury Park's historic Convention Hall as the home court for the ABA's Jersey Squires basketball team. The first game is scheduled for November 30. Die-hard ...
Masonry Contractors' LMC status.(Associations: events, awards)(Brief Article)
Dec 03, 2003 ... The Masonry Contractors of New Jersey, based in Bordentown, New Jersey, has been accepted as a member of the New Jersey State Building and Construction Trades Labor Management Council (LMC), announced Frank Wade, executive director. The LMC is the state's leading non-profit organization ...
TEK wins award for Villency store.(Associations: events, awards)(architecture firm Thanhauser Esterson Kapell to be honored with an award of merit in the Retail Division at the New York Construction News Best of 2003 Awards)(Brief Article)
Dec 03, 2003 ... New York City architecture firm Thanhauser Esterson Kapell (TEK) will be honored with an award of merit in the Retail Division at the New York Construction News Best of 2003 Awards December 3rd, for its groundbreaking design of the Maurice Villency flagship store in ...
Penn Plaza fit-out completed.(Brief Article)
Dec 03, 2003 ... Silcon, Inc., one of New Jersey's fastest growing general contracting firms, has completed tenant fit-out work at 16 Penn Plaza, New York, N.Y., for the relocation of facilities for ESPN, Barbizon Modeling School and Primerica. ESPN, the world's preeminent sports and ...
Developer chosen for $4.4M Harlem project.(Harlem LLC has been selected to redevelop Merchandise Mart 125 in Central Harlem)
Dec 03, 2003 ... New York City Economic Development Corporation President Andrew M. Alper and Manhattan Borough President C. Virginia Fields announced that Harlem LLC has been selected to redevelop Merchandise Mart 125 in Central Harlem on West 125th Street, across from the Apollo Theater. The ...
GBC urges: build now.(Brief Article)
Dec 03, 2003 ... Jeffrey Zogg, Executive Director of The General Building Contractors of New York State, testified on behalf of the contracting community at the SUNY/CUNY Capital Budget meetings, held last week at the Legislative Office Building in Albany. Zogg stressed the urgent need for a ...
British recognize Daniel Libeskind.(Brief Article)
Dec 03, 2003 ... The Imperial War Museum North in Manchester, England, designed by the studio of Ground Zero architect Daniel Libeskind has won the British Construction Industry Building Award, the UK's top award for construction excellence. The award recognizes the best in British design and ...