by nicole ~ February 4, 2010
FOR IMMEDIATE RELEASE
Contact: Nicole Amato, nicole@mediashoppr.com
Mediashop PR, 212-867-8778 x226
Federal Housing Authority’s Mortgage Program Offers Up to 95% Financing for Qualified Buyers
New York, NY - February 4, 2010 - Halstead Property Development Marketing and RGS Holdings, LLC, in conjunction with Goldman Sachs Urban Investment Group and JP Morgan Chase Community Development, today announced that 2280 Frederick Douglass Boulevard has been approved by the Federal Housing Administration’s mortgage program. The 12-story new construction condominium development in Harlem, will now allow qualified buyers to purchase a new home with a down payment between 5 and 10%.
2280 FDB is among several FHA approved developments in New York City, and qualified buyers will benefit from a low fixed rate mortgage guaranteed by the FHA. Benefits of FHA-backed loans include:
- A low down payment
- Easier qualifying
- Down payment that can be gifted to the borrower
- Lower closing costs and interest rates than with a conventional mortgage
- Protection against foreclosure
“This opportunity is something we are pleased to be able to offer our buyers,” said Hans Futterman, founder of RGS Holdings, the developer for 2280 FDB. “Qualified buyers who may have found it difficult to obtain mortgages recently now have the opportunity to benefit from FHA backed mortgages.”
FHA-backed mortgages offer more opportunities for buyers, and with new regulations announced this month, they will also offer greater protection for taxpayers. FHA loans and financing through Fannie Mae and Freddie Mac have helped bolster the New York City real estate market and will continue to throughout 2010.
“The rich materials and sophisticated finishes, coupled with this new opportunity for FHA loans, make this development a first-class value in today’s market,” said Stephen G. Kliegerman, executive director of Halstead Property Development Marketing.
Construction of 2280 FDB is slated for completion in March 2010 and occupancy is expected in April 2010.
Located in Harlem at 2280 Frederick Douglass Boulevard at 123rd Street, 2280 FDB is a newly constructed development with a total of 89 units. The remaining residences are a mix of one, two and three-bedroom condominiums ranging in size from 460 to 1,417 square feet and in price from $395,000- $1.329 million. Amenities at 2280 FDB include a 24-hour concierge, common roof terrace with an outdoor fireplace, outdoor recreation space, onsite parking, and 25-year tax abatement. For a full list of available units and floor plans, please visit: http://www.2280fdb.com/.
Harlem is one of the fastest growing areas in Manhattan for real estate development. 2280 FDB is located blocks from the forthcoming W (aLoft) Harlem and Uptown Grand, Central Park and Morningside Park, fashionable boutiques, trendy restaurants and transportation. For photos and floor plans, please visit http://www.2280fdb.com/ or contact Nicole Amato at nicole@mediashoppr.com or 212-867-8778 x226.
About RGS Holdings, LLC:
Founded in 2001 by Hans Futterman, RGS Holdings, LLC is a privately funded real estate development firm with a current focus exclusively in Harlem. Committed to new construction and renovation projects that enhance the neighborhood and help to bring a strong economic base of owners and renters to Harlem, RGS Holdings, LLC works with both private and public property owners to put property to its highest and best use. With a strong community commitment, the principals of RGS Holdings, LLC strive for the continued revitalization of Harlem and the enhancement of its distinctive position as a living landmark.
About Halstead Property Development Marketing:
Halstead Property Development Marketing is the exclusive sales and marketing firm for numerous new developments in the tri-state area. They consult with developers on every aspect of the development process, including: pre-development planning such as comprehensive market research, detailed unit mix and layout analysis and amenities planning, all of which enables their clients to maximize sales prices, increase absorption rates and provide an overall superior product benefiting the consumer and developer. In addition, the division directs and coordinates the selection of all on-site personnel, conducts extensive sales training and monitoring, designs exceptional sales environments, and creates integrated communications planning including marketing, advertising, public relations and branding. For more information on the Halstead Property Development Marketing Division, please visit: http://www.halsteadpdm.com/home.
About Goldman Sachs Urban Investment Group
The Goldman Sachs Urban Investment Group is part of the Merchant Banking Division within the Goldman Sachs Group, Inc. (NYSE:GS). It invests the firm’s capital in real estate projects and operators in emerging or transitional urban areas. The investments range from $5 million to $75 million. Since 2001 UIG has invested over $250 million of equity capital representing over $1.3 billion of urban real estate. Founded in 1869, Goldman Sachs is a leading global investment banking, securities and investment management firm. The firm is headquartered in New York and maintains offices in Los Angeles, San Francisco, and Washington, D.C. To learn more about the Goldman Sachs Urban Investment Group, visit their Website: http://www2.goldmansachs.com/uig/
###
by admin ~ February 2, 2010
FOR IMMEDIATE RELEASE
Contact: Nicole Amato, nicole@mediashoppr.com
Mediashop PR, (212) 867-8778 x226
Business Awards Seeking to Recognize Top U.S. Organizations, Executives, and Workers
New York, NY - February 2, 2010- In tough economic times, American workers and organizations are put to the test - and The American Business Awards believe they deserve to be recognized for their hard work and achievements. The Stevie® Awards today issued a call for entries for the Eighth Annual American Business Awards, the only all-encompassing awards program that honors the true accomplishments of Americans in the workplace.
All organizations operating in the U.S.A. are eligible to participate in The American Business Awards - public and private, for-profit and non-profit, large and small. The 2010 entry deadline is March 31 and late entries will be accepted through April 30 with a late fee. The 2010 awards will honor work since the beginning of 2009, and the awards will be announced on June 21, 2010 at the Marriott Marquis Hotel in New York City. More details are available at http://www.stevieawards.com/aba/.
Entries are accepted in various categories ranging from Best Executive of the Year and Best Overall Company of the Year to Human Resources Department of the Year and Public Relations Campaign of the Year. New categories in 2010 include Executive of the Year in a non-profit or government organization and Best New Product or Service of the Year in consumer products. For a full list of everything new for the 2010 awards, please visit: http://www.stevieawards.com/pubs/general/72_194_9724.cfm.
A free webcast called “How to Enter The American Business Awards” will be offered on Tuesday, March 9 at 1:00 pm ET. Registration is now open at https://www1.gotomeeting.com/register/926373929.
“The American Business Awards gives nominees - from top executives and hourly employees to teams and departments - a chance to tell their stories and be feted for their achievements done every day at work,” said Michael Gallagher, president of The Stevie Awards. “Especially in tough economic times like these when everyone is working harder, awards are one of the most effective ways to boost morale. We are looking forward to honoring the accomplishments of professionals and organizations around the country at this year’s American Business Awards.”
The 2010 American Business Awards will include the second annual People’s Choice Stevie Awards for Favorite New ProductsSM, in which the general public can vote for their favorite new products and services of the year. Each new product or service nominated in The American Business Awards will automatically be included in people’s choice voting. Voting begins in May and winners of the People’s Choice Stevie Awards for Favorite New Products will be honored at the June awards ceremony in New York City.
The Seventh Annual American Business Awards were presented last June to a diverse group of American organizations including AT&T Inc., Blackboard Inc., Creative Channel Services, DDB, eHarmony, Hormel Foods Corporation, LifeLock, OnStar, SchoolDude.com, the U.S. Government Printing Office, and YouSendIt, Inc., among others. For a list of winners and finalists of the 2009 awards visit: http://www.stevieawards.com/pubs/awards/403_2183_19888.cfm
To request an entry kit for The 2010 American Business Awards, visit http://www.stevieawards.com/aba/.
About The Stevie Awards
Stevie Awards are conferred in four programs: The American Business Awards, The International Business Awards, the Stevie Awards for Women in Business, and the Stevie Awards for Sales & Customer Service. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about The Stevie Awards at http://www.stevieawards.com/, and follow the Stevie Awards on Twitter @TheStevieAwards.
# # #
by admin ~ January 29, 2010
It’s time again to take a look at some of the strange and interesting queries from ProfNet, a service that sends us journalist queries and calls for sources dozens of times throughout the day. Enjoy!
LIVING/TODAY: How to Fix a Broken Umbrella — Kiwi Magazine
I’m writing a piece for spring that highlights ways people can fix a broken umbrella rather than buy a new one. If the umbrella has a hole or tear in it, is there an effective way to patch it up? If one of the ribs breaks, can that be fixed? Contact: XXXXXXX
REAL ESTATE: Log Home Living: Trends in Outdoor Spaces — Country’s Best Log Homes Magazine
I’m looking for log home builders, dealers, homeowners and building product manufacturers specializing in log home living for a feature article on outdoor spaces: gazebos, decks, boat houses, fire pit areas, pools and spas, porches, etc. I’m looking for the top trends and really cool design/build ideas for great log homes. Be prepared to talk about trends and pros/cons of adapting for log homes. Sorry, no outdoor kitchens will be included in this coverage. Photos are a plus. I need 10- to 15-minute phone interviews scheduled now. I’m a freelancer. Contact: XXXXXXX
NON-EXPERT/TODAY: Bizarre Gym Injuries — MSNBC.com
I’m a reporter for MSNBC.com, and I’m working on a story about bizarre gym injuries. I’m looking for anecdotes from people who’ve tripped on treadmills, fallen off exercise bikes — the crazier the story, the better. Specifically, I’d love to hear from gym newbies — people whose inexperience at the health club may have contributed to their injury. I have a bit of a quick turnaround for responses: today at 7 p.m. PST. Contact: XXXXXXX
CAREERS: Smelly Jobs — CareerBuilder.com
Does your job stink or smell great? I am looking for people who work in jobs associated with strong aromas — from candle store employees and bakers who love how their jobs smell, to plumbers and garbage collectors who may not. Questions will be brief. I’m a freelancer. Contact: XXXXXXX
by admin ~ January 20, 2010
Contact: Jill Feldman (jill@mediashoppr.com)
Mediashop PR, 212-867-8778 x228
**FOR IMMEDIATE RELEASE**
Walmart and Hispanic Scholarship Fund Urge Hispanic High School Seniors to Apply for Scholarship
–January Deadline Fast Approaching–
January 20, 2010 - Walmart and the Hispanic Scholarship Fund (HSF) are reminding high school seniors planning to attend college in the Fall of 2010 to submit their application for this year’s scholarship before the January 31 deadline. An online application, along with additional educational resources and information, can be found at www.hsf.net/walmartscholarship.aspx.
The Hispanic Scholarship Fund (HSF)/Wal-Mart Stores, Inc. High School Scholarship is available on a competitive basis to graduating high school seniors of Hispanic heritage in select locations. Students must be enrolled full-time as first-year freshmen during the 2010-2011 academic year. Awards are in the amount of $2,500.
“The tough economy should not keep any student from the long-term investment of a college education,” said Margaret McKenna, president of the Walmart Foundation. “We hope this scholarship will give more students access to quality higher education because we see the value it has for both the individual and our community as a whole.”
Walmart shares HSF’s commitment to advancement through education and has been a financial supporter and partner of HSF since 2006.
“Walmart is remarkably successful in business and strategic in its investments, which, thanks to their Foundation, includes a very real and significant commitment to Latino Higher Education. Thanks to partners like Walmart, in 2009 we awarded in excess of $28 million in scholarships to over 4,600 students,” said Frank. D. Alvarez, president and chief executive officer of HSF. “Our goal is to put a college degree in every Latino household in America and we believe we will accomplish this objective with the support of companies like Walmart who have continued their wonderful collaboration, even in the midst of a tougher economic climate.”
Eligible scholarship cities include: Baltimore, Boston, Chicago, Detroit, Los Angeles, Miami, Minneapolis/Twin Cities, New York, Philadelphia, Portland, Sacramento, San Diego, San Francisco, Seattle, and Washington, D.C. Full scholarship eligibility requirements can be reviewed at www.hsf.net/walmartscholarship.aspx or by calling HSF at 1-877-HSF-INFO.
###
About Hispanic Scholarship Fund (HSF)
The Hispanic Scholarship Fund is the nation’s leading Hispanic scholarship organization, providing the Hispanic community more college scholarships and educational outreach support than any other organization in the country. In its 34 year history, the Hispanic Scholarship Fund has awarded over $280M totaling more than 90,000 scholarships to students in need. Two-thirds of these students were the first in their families to go to college.
For the 2008-2009 academic year, 4,600 college bound Hispanic students were awarded scholarships worth $28M. HSF scholars are high achievers and they have or are attending close to 2,000 of the nation’s diverse and academically rigorous colleges and universities in all 50 states, Puerto Rico, Guam and the U.S. Virgin Islands.
About Philanthropy at Walmart
Walmart and the Walmart Foundation are proud to support the charitable causes that are important to customers and associates in their own neighborhoods. Through its philanthropic programs and partnerships, the Walmart Foundation funds initiatives focused on creating opportunities in education, workforce development, economic opportunity, environmental
sustainability, and health and wellness. From February 1, 2008 through January 31, 2009, Walmart - and its domestic and international foundations - gave more than $423 million in cash and in-kind gifts globally. To learn more, visit www.walmartfoundation.org.
# # #