BEACON TOWERS ANNOUNCES NEW PRICING ON LAST FIVE UNITS

by admin ~ November 28, 2011


The Last One Bedroom is Listed for
$239k;
Two Bedrooms Start at $335k

NEW YORK, NY, November 28, 2011 - Halstead Property Development Marketing today
announced new pricing on the five remaining units at Beacon Towers, a Central Harlem cooperative development.

Located at 29 West 138th Street between Lenox and 5th Avenues, Beacon Towers is an eight-story development comprised of 73 residences. Beacon Towers offers a 421-a tax abatement and has very low monthly maintenance costs. The five remaining units are:
- Unit 2I, a 585-square foot one-bedroom, one-bathroom home for $239,000 and $587 in
monthly maintenance costs

- Unit 2J, a 903-square foot two-bedroom, two-bathroom home for $335,000 and $888 in
monthly maintenance costs

- Unit 8C, a 813-square foot two bedroom, one bathroom home $349,000 and $755 in
monthly maintenance costs

- Unit 8E, a 812-square foot two bedroom, one bathroom home for $349,000 and $754 in
monthly maintenance costs

- Unit 8J, a 919-square foot two bedroom, two bathroom home for $359,000 and $912 in
monthly maintenance costs

“Beacon Towers is in its final phase of sales with our most attractive top floor and
two full bath homes being offered at unbeatable prices, along with buyer
incentives for those who purchase prior to the end of 2011,” said Stephen G.
Kliegerman, president of Halstead Property Development Marketing. “No other new
development offers these values, and there simply is no better time to buy than
now.”

Buyers who sign before the end of the year will be able to choose from several
additional incentives such as lease-to-own opportunities; furnished homes; and
down payments as low as 3.5 percent through SONYMA financing.

Construction on the project is complete and immediate occupancy is available with no board
approval required.  Since Beacon Towers was built with the middle class
buyer in mind, the qualifying salary cap for the income-restricted units at
Beacon Towers is $204,500.

Residences at Beacon Towers are built with such top-of-the-line
finishes as select oak hardwood flooring and oversized “Low E” windows, as well
as bathrooms with soaking tubs, designer Kohler hardware and fixtures and
Eurotech washers and dryers.  A fitness center is among the many amenities at Beacon Towers, which also has a part-time attended lobby, a landscaped courtyard garden and underground secured parking.  All residences are pre-wired for cable TV, high-speed internet
access with accommodations for future technologies.

For a full list of available units and floor plans, please visit: http://www.beacontowersliving.com.

About Strategic Development and Construction Group:

Strategic Development & Construction Group (SDCG) has been actively engaged in the
acquisition, financing, development and marketing of residential and commercial
projects since 1985. SDCG has built more than three thousand residential units
and earned numerous awards for its achievements from organizations such as the
Associated Builders and Owners of Greater New York, Inc., the Brooklyn Chamber
of Commerce, NYSAFAH and the New York State Senate. For more information,
please visit: http://www.strategic-construction.com.

About Lemle & Wolff, Inc.:

Lemle & Wolff, Inc. is a real estate management and development firm that was established
in 1938 and is today one of the foremost providers of affordable housing in
upper Manhattan and the Bronx.  A full service organization, the firm is
committed to the preservation and upgrading of the housing stock in the areas
it services. L&W currently manages more than 300 buildings and,
since 1974, L&W has completed the construction and/or rehabilitation of
over one hundred buildings.  L&W is a past recipient of an award for
national excellence for community development partnerships.  For more
information, please visit http://www.lemlewolff.com/.

About Halstead Property Development Marketing:

Halstead Property Development Marketing is the exclusive sales and marketing firm for
numerous new developments in New York and New Jersey.  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 enable 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.

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HARLEM DEVELOPMENT 88 MORNINGSIDE IS NOW 75% SOLD

by admin ~ November 21, 2011


Development Sees Continued Sales Momentum; One Bedrooms Start at $355k

New York, NY - November 21, 2011 - Halstead Property Development Marketing today announced that 75% of the units are sold at 88 Morningside. Closings are currently underway and immediate occupancy is available.

88 Morningside (www.88Morningside.com) is a modern 12-story residential building located on the corner of Morningside
Avenue and West 122nd Street that features views of adjacent Morningside Park, as well as the Manhattan skyline.  The
remaining units include one-bedroom, one-bathroom and one-bedroom, two-bathroom homes, including: a spacious 780 square feet one-bedroom, one-bathroom home for $475,000; and a 945 square foot one-bedroom, two-bathroom home with a home office for $565,000.  Prices on all remaining units range from $355,000 - $575,000.

“We continue to be impressed by the progress at 88 Morningside, which has maintained its status as the fastest selling new development in Harlem,” said Stephen G. Kliegerman, president of Halstead Property Development Marketing. “Buyers are taking advantage of the incredible value of the development-from the great location and pricing to the smart layouts and generous amenities.”

Residences at 88 Morningside features distinctive charcoal maple wood floors, ample natural light and clean lines throughout. The kitchens feature sleek white lacquer cabinetry and a modern appliance package including Delonghi gas range stove, Bosch microwave and dishwasher, and paneled Liebherr refrigerator.

Spa-like master baths feature white wall tile and white Corian sink surfaces offset by deep black Senza stone tile.  Other distinctive elements include a custom-made oak vanity, Artemide lighting, and a Duravit soaking tub or glass-enclosed shower with 10-inch rain showerhead.  Two- and three-bedroom apartments include a second bathroom with Gypsum tile bath walls, Ann Sacks mosaic tile floors and glass-enclosed shower.

Buyers enjoy a number of amenities, including an on-site storage area, bike room, media lounge, virtual concierge and fitness center. The spacious roof terrace offers an outdoor kitchen area along with views of the peripheral Morningside Park and Manhattan skyline. The development is situated in a community offering a vibrant scene with numerous restaurants, lounges, shops and services.  The Studio Museum in Harlem, H&M, and Fairway are all within walking distance and the nearby Harlem Piers leads to the beautiful Hudson River bike paths and Riverside Park.

For a full list of available units and floor plans, please visit: www.88Morningside.com or contact Sales Manager Felicia De Chabris at the 88 Morningside sales office at 212-381-2694 or FDeChabris@Halstead.com.

About 88 Morningside:

88 Morningside is comprised of 73 units including 47 one-bedroom, 17 two-bedroom and nine three-bedroom apartments.  The building features original design elements and exclusive amenities that rival those found in many of the top buildings in Manhattan including a roof deck with an outdoor kitchen, spa-like bathrooms, gourmet open kitchens, a media
lounge, and a virtual concierge.  88 Morningside’s successful team of developers includes: Beatrice Sibblies, managing
partner at BOS Development; Edward Poteat, director of real estate finance for Horsford & Poteat Realty; and Sara Herbstman, partner of The Bluestone Organization. For more information, please visit: www.88morningside.com.

About Halstead Property Development Marketing:

Halstead Property Development Marketing is the exclusive sales and marketing firm for numerous new developments in New York and New Jersey.  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 enable 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.

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STEVIE® AWARDS FOR WOMEN IN BUSINESS UNVEIL WINNERS OF 8TH ANNUAL COMPETITION

by admin ~ November 14, 2011


New York, NY - November 14, 2011 - Shining a spotlight on women executives, entrepreneurs, and organizations run by women, the Stevie Awards for Women in Business announced the results of its 2011 competition on Friday, November 11.

The Stevie Awards for Women in Business is an international competition produced by the creators of the prestigious American Business Awards and International Business Awards. The Stevie is widely considered to be the world’s premier business award.

With more than 300 businesswomen and their guests in attendance, the awards were announced at a gala dinner at the Marriott Marquis Hotel in New York City.  More than 1,300 nominations - a record for the competition - were submitted this year for consideration in 78 categories, including Best Entrepreneur, Best Executive, Most Innovative Company, and Best New Company of the Year.

Notable Stevie Award winners from this year’s competition include:

  • - Ursula Burns, CEO of Xerox - Best Executive (More than 2,500 Employees)
  • - Dany Levy, CEO of Daily Candy - Best Executive (Up to 100 Employees)
  • - Lauren Bush, CEO of FEED - Best Executive (Non-Profit or Government)
  • - Ann Kaplan, President and CEO of iFinance Canada Inc. - Best Canadian Entrepreneur
  • - Dominique Senequier, Chairman and CEO of AXA Private Equity (France) - Best Executive in EMEA
  • - Women in the City (United Kingdom) - Women Helping Women Award
  • - Laura Ching, Co-founder of Tiny Prints - Lifetime Achievement Award
  • - Liz Hamburg, Founder of Upstart Ventures - Mentor or   Coach of the Year
  • - WomenOnBusiness.com - Blog of the Year
  • - LittlePINKBook.com - Website of the Year
  • - Rockin’ Green - Fastest Growing Company of the Year
  • - Agloves - Touchscreen Gloves - Best New Company of the Year

Ramona Singer of The Real Housewives of New York was also on hand to receive an honorary Stevie Award as “Mogul of the Year,” in recognition of her prominent success in businesses including Ramona Singer Jewelry for HSN (jewelry line), Tru Renewal, True Faith Jewelry, and Ramona Pinot Grigio.

The 2011 honorees reflected a diverse group of large and small organizations from around the globe. Organizations that won more than one Stevie Award include Agloves, Calysto Communications, Euro RSCG Worldwide, iFinance Canada Inc., Rockin’ Green, Tiny Prints, and Walton Isaacson.

Nations represented among Stevie Award winners include Australia, Canada, the Dominican Republic, England, France, India, the United Arab Emirates, and the USA. 

A portion of each ticket sold for the event will be contributed to Camfed (www.camfed.org), which fights poverty and HIV/AIDS in Africa by educating girls and empowering women to become leaders of change.

For a complete list of honorees and more information, visit www.stevieawards.com/women.

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/.

Sponsors and supporters of the 8th Annual Stevie Awards for Women in Business include the Business TalkRadio Network, Coloredge, KeyBank | Key4Women, Melilea International Group of Companies, SDL, and Smart Reader Worldwide.

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ICONIC BROOKLYN CONDO TOWER TOREN IS OVER 80% SOLD AFTER SEVEN MILLION-PLUS DOLLAR DEALS

by admin ~ November 9, 2011


NEW YORK, NY, November 9, 2011 - BFC Partners and The Corcoran Group today announced that 84 percent of the available homes at Toren, Brooklyn’s iconic new condominium tower, have been sold. The development reached this benchmark following a series of seven million-plus dollar deals since September 2011, including a 1,967 square foot three-bedroom, three-bath duplex penthouse that sold for over $1.3 million.

Located at 150 Myrtle Avenue at Flatbush Avenue, Toren (http://torencondo.com/) is a 37-story state-of-the-art residential high rise with a total of 240 units. Toren is FHA and Fannie Mae approved and ready for immediate occupancy, with 75% of the buyers now closed and living in the building.

“Located in the heart of Downtown Brooklyn - an area in the midst of major transformation - buyers truly appreciate the value of homes at Toren,” said Toren’s sales manager Marco Auteri of The Corcoran Group. “Beyond location and value, we consistently hear that our buyers are also drawn to Toren’s many sought-after features - from breathtaking views and prime location to spacious layouts, green features and extensive amenities; the development provides all of the features buyers are looking for in a new home.”

The top eight floors of Toren consist of eight one-bedroom simplex penthouse units and 24 duplex two or three bedroom penthouse units featuring double height living rooms and spectacular views through floor-to-ceiling windows. Remaining units range in size from 450 to 1,987 square feet studios, one-, two- and three-bedroom homes, in price from $395,000 to $1.45 million with a 25-year, 421-a tax abatement, including:

  • - Unit 2905, a spacious 738 square feet one-bedroom, one-bathroom home with incredible south- and west-facing views for $525,000;
  • - Unit 2903, a 1,052 square feet two-bedroom, two-bathroom home featuring a spacious master bedroom and bath for $790,000; and
  • - Unit 3407, an expansive 1,451 square feet three-bedroom, three-bath duplex penthouse that provides breathtaking south- and east-facing views for $1.025 million.

All residents enjoy a host of amenities including a multi-level roof garden; an outdoor screening area; a 2,000 square-foot fitness center with comprehensive recreational programming, a stretch center, an indoor swimming pool, locker rooms, and sauna; a library; a two-level attended parking garage; and a 24-hour attended lobby.

Toren is an environmentally friendly building and is currently on track for Gold-LEED certification.  Powered by the only full cogeneration plant in a New York City residential building, it fuels Toren’s electrical, heating and cooling needs while lowering the burden on utility companies.  Occupancy sensors optimize lighting usage based on occupancy in all stairwells and common areas and reflective roofing pavers reduce solar heat gain, lowering the need for air conditioning.

For more information, please visit the website at http://www.torencondo.com/.

About BFC Partners:

BFC Partners is a New York-based real estate development company that focuses on the acquisition, development, financing, construction, marketing and management of affordable and market rate housing. As a principal in development projects, they provide project management services, equity capital, secure and guarantee project financing, act as general contractor, market and oversee project rent-up, and are generally responsible for the overall development process. Between its construction capacity and project management ability, BFC is a full service, professional real estate development organization which is intimately familiar with the nuances of guiding difficult projects to successful completion. BFC’s forte is handling unique development situations. For more information on BFC Partners, please visit: http://bfcnyc..com/

About The Corcoran Group

The Corcoran Group, a leading residential real estate brokerage company in New York City, operates 40 offices with 2,100 sales associates serving Manhattan, Brooklyn, the Hamptons, the North Fork, Shelter Island, Delray Beach and Palm Beach, Fla. The Corcoran Group, http://www.corcoran.com/, is part of NRT LLC, the nation’s largest residential real estate brokerage company. NRT, a subsidiary of Realogy Corporation, operates Realogy’s company-owned real estate brokerage offices.

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HARLEM DEVELOPMENT PS90 ANNOUNCES THAT OVER 90% OF UNITS ARE CLOSED OR UNDER CONTRACT

by admin ~ November 7, 2011


NEW YORK, NY, November 7, 2011 - Halstead Property Development Marketing and West 147th Street Associates LLC, an affiliate of L+M Development Partners, Inc., today announced that 92% of the units are closed or under contract at PS90, a premier residential development in Harlem.

According to the developer, 26 new closings have been completed at PS90 since the beginning of summer. Immediate occupancy is available at the development, which continues to see steady traffic as it approaches completion of sales. 

Located at 220 West 148th Street, PS90 is a redevelopment of a circa 1905 elementary school, which is now home to 75 residences in a mix of studio, one-, two-, and three-bedroom units.  The two remaining units are: 4F, a 1,305 square foot, two- bedroom, two- bath for $755,000; and 2P, a 760 square foot loft studio with one- bath for $425,000. For more information, please visit: (http://www.ps90condo.com/). 

“We are extremely pleased with the success of PS90,” said Lisa Gomez, executive vice president of development at L+M Development Partners, Inc.  “Sales have been steady and buyers are continuing to see the long-term value in our development and the benefits of the increasing property values of the Harlem real estate market.”  

PS 90 is a unique, award-winning property highlighted by spacious layouts, Manhattan views, custom kitchens and spa-like bathrooms.  Penthouses feature generously-sized rooftop terraces.  All homes are built with herringbone pattern oak flooring, central air and heat, and Bosch washers and dryers.  Custom-designed kitchens include: stainless steel appliances; under-mount sinks with disposals; walnut-toned wood cabinets and pantries; Quartzite countertops and backsplashes, as well as under-counter microwaves in the islands.  Bathrooms are accentuated by grey staggered bond mosaic walls and floors, honed Palmira tiled bath and shower walls, custom tubs and separate showers with oversized rain shower heads with wands, charcoal grey vanities with integrated sinks, and dramatic recessed lighting coves.

PS90 residents also enjoy amenities such as a fitness room, an attended lobby, a landscaped, European-style garden terrace courtyard, common lounge, work studio, media room, storage lockers and a bicycle room. 

PS90 is being developed by West 147th Associates LLC, an affiliate of L+M Development Partners Inc., financing is provided by Goldman Sachs’ Urban Investment Group, and the development is exclusively marketed and sold by Halstead Property Development Marketing.  For more renderings, photos or more information, please contact Amy Nizwantowski at Amy@mediashoppr.com or 212-867-8778 x232.

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 L+M Development Partners:

Since 1984, L+M Development Partners has been an innovator in developing quality affordable, mixed-income and market rate housing, while improving the neighborhoods in which we work.  A full-service firm, L+M works from conception to completion, handling development, construction and management with creativity that leads our industry.  We are responsible for more than $2 billion in development and construction and have created more than 10,000 high-quality units in the tri-state area alone.  Community leaders, government officials and investment organizations turn to L+M because of our consistent track record of excellence. L+M is a double bottom line company, where our success is measured not only in financial returns but also by the positive impact we make.  We take pride in our long-standing dedication to the communities we serve, demonstrated through an annual scholarship fund, job training programs and substantial support for local nonprofits. L+M brings a superior level of commitment to our investments in developments, and equally important, to our investment in people.  For more information about L+M Development Partners, please visit: http://www.lmdevpartners.com/.

About Goldman Sachs Group, Inc.

The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals.  Founded in 1869, the firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Hong Kong and other major financial centers around the world.

Established in 2001, the Urban Investment Group deploys the firm’s capital by making investments and loans that benefit urban communities.  Through its comprehensive community development platform, UIG is a catalyst in the revitalization of underserved neighborhoods.  UIG has committed more than $1.5 billion, facilitating the creation and preservation of approximately 9,500 housing units - 75% of which are affordable to low, moderate and middle-income families - as well as over 930,000 sq. ft. of community facility space and approximately 1,000,000 sq. ft. of commercial and retail space.  UIG is part of The Goldman Sachs Group, Inc. (NYSE: GS).  To learn more about UIG, visit www.gs.com/uig.

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