Real Estate New York

The FrameWorks Group, Rockaway Park's premier luxury ocean view condominium developer, announces the grand opening of the Waterfront Phase of the Belle Shores community located on Shore Front Parkway between Beach 101 and 100 Street. The ribbon cutting ceremony will begin at 10:00am Saturday, June 7, directly in front of the Unit 19 across from the beach boardwalk. Rockaway Park, NY is the last affordable beach community investment in New York City — And sure to be the next Long Beach.

Rockaway Park, NY (PRWEB) June 5, 2008 — The FrameWorks Group, Rockaway Park's premier luxury ocean view condominium developer, announces the grand opening of the Waterfront Phase of the Belle Shores community located on Shore Front Parkway between Beach 101 and 100 Street. The ribbon cutting ceremony will begin at 10:00am Saturday, June 7, directly in front of the Unit 19.

The Belle Shores community sits in the hub of the Sea Side area of Rockaway Park along the Queens peninsula, which is bordered by the Atlantic Ocean and Jamaica Bay. With direct ferry service to downtown Manhattan, mass transit within walking distance, and reasonable proximity to various highways, the Belle Shores is a convenient primary residence or weekend get-away destination that offers an unsurpassed beach living lifestyle.

This 78-unit luxury condominium development is designed for 'lifestyle conscious' urban dwellers seeking to escape the city pace, but not its proximity. As FrameWorks Group CFO, and Rockaway Park resident, Michael Kerris notes, "Our residents can enjoy the sunrise on the beach with their morning coffee, take the ferry to work, and be home in time to watch the sunset. It's the lifestyle we all dream of, and it's now it's within reach."

The day-long Waterfront Phase grand opening celebration begins at 10:00 am with a ribbon cutting ceremony, guided tours through the three ocean view units, food, drinks and music during the day till 6:00pm. Then guests are invited to a relaxing wine and cheese celebration on the Penthouse balcony at sunset for a breathtaking glimpse into what evenings could be like while living at Belle Shores.

For more information about The Belle Shores Condominium visit www.BeachfrontNYC.com and www.FrameWorksGroup.com

Please contact Darcie Rowan, 718.336.0716; Darcie@mcallrow.com for interviews with company principles or additional information.

With New York City's Harlem condos seeking the same buyers in this tight market, the developers of Harlem's most successful luxury condominium project — 5th On The Park — have come up with some in your face unique marketing tools to get the attention of prospective buyers — especially Upper West Siders, looking for more space a few blocks north.

New York, NY (PRWEB) June 5, 2008 — How do you make your Harlem condo stand out from the crowded pack of new luxury buildings that dot the Harlem landscape?

With Harlem condos seeking the same buyers in this tight market, the developers of Harlem's most successful luxury condominium project — 5th On The Park — have come up with some in your face unique marketing tools to get the attention of prospective buyers — especially Upper West Siders, looking for more space a few blocks north.

Taking what looks like a page out of the "Apprentice" Trump show handbook, developer Lew Futterman, a former music producer — who knows a lot about promotion — hired handsome Joe Ditmyer, a young New York off-Broadway actor to ride around the Upper West Side in a two-sided rental truck with a huge "5th On The Park" billboard plastered on both sides.

When he can, this former soap opera actor gets out and stands in front of the truck handing out colorful 5th On The Park brochures to targeted buyers urging them to get more space and luxury for their money a few blocks north in Central Harlem, where the 28-story, 160 unit Fifth On The Park is already more than half sold.

Views will be spectacular from 5th On The Park, a FX-Fowle designed building that overlooks the 20-acre Marcus Garvey Park. The building features a lap pool, state of the art fitness center, underground garage, valet parking and a 1,800 seat state-of-the art church.

Before building condos, developer Lew Futterman was the producer for music stars like Ted Nugent, the Hello People, George Benson, Jack McDuff, Jimmy Witherspoon and others, so he knows a lot about promotion.

"When we get a good spot on Broadway, it's a good day,'' says Ditmyer, who enjoys chatting with New Yorkers about where they want to live.

In addition to the truck, the developer has also reached for higher promotion tactics. Just recently they hung a huge banner that spans eight stories from the top floors of 5th On The Park — visible from miles around — to grab the attention of Metro North Train commuters as they pass through Harlem at the 125th station, subliminally reminding commuters that if they lived there, they would be home already.

5th On The Park, however, isn't just convenient for Westchester and Connecticut commuters. With its central location and proximity to express trains (2/3, 4/5), 5th On The Park has attracted buyers from Chelsea, Gramercy, Upper East Side, Upper West Side, Clinton (formerly Hell's Kitchen), Lower East Side and Wall Street. It has special appeal to Upper East Siders, and in particular, the Mt. Sinai Medical Center community from which 3 doctors have already purchased. The M1 bus stops right outside 5th On The Park and goes down 5th Avenue directly to the hospital.

Brokers from other firms have also been instrumental in bringing their customers to 5th On The park. Sales Director, Carole N. Griffin of Griffin Real Estate Group, estimates that about 40% of the almost 100 homes sold at 5th On The Park have been co-brokered. This is due in part to the development's unique accelerated broker compensation which offers 20% of their 3% commission split upfront. Outside brokers generally have to wait until closing for their commissions which can easily be upwards of 1 year. The program at 5th On The Park allows brokers to get at least some of their commission right away.

Uptown Partners LLC, developer of 5th on the Park, was formed in 2001 specifically to address the emerging market rate condominium market in Harlem. It creates home ownership opportunities, comparable in quality and amenities to downtown developments, for people whose higher incomes prevented them from qualifying for the many shallow-subsidy, middle class condo or coop projects being created in Harlem through various public/private partnerships. Since that time, it has been the lead developer of the two largest solely market rate condominiums in Harlem, The Lenox and 5th on the Park.

Griffin Real Estate Group (GREG), Exclusive Sales & Marketing Agent for 5th on the Park, is the only development marketing group based in Harlem, founded in 2000 by Carole N. Griffin, a real estate veteran with over 16 years experience in Harlem. As a well-respected, long-term member of the Harlem community, Ms. Griffin recognized that as interest in the historic neighborhood skyrocketed, there existed a profitable opportunity to fill a void in this burgeoning marketplace for community-minded representation that broadens rather than replaces the residential profile of Harlem. Since then, GREG has enjoyed peerless success with its exclusive representation of numerous prestigious projects. Ms. Griffin is a member of the National Association of Realtors, the Real Estate Board of New York, the African American Real Estate Professionals of New York, and other local business and realty groups. Please contact Holly Pulliam at 212.491.7200, Hpulliam@griffinny.com, or www.griffinny.com.

Phoenix Realty Group (PRG), equity partner in 5th on the Park, is a national real estate investment firm providing capital and expertise to urban and infill developers and directly investing in opportunistic real estate ventures. PRG has extensive in-house real estate development and asset management capabilities. PRG has attracted investments from America's leading pension funds, banks and insurance companies, establishing discretionary funds that aggregate opportunistic and value-add real estate. The company manages private equity funds representing up to $3.5 billion in real estate development and acquisitions. (www.phoenixrg.com)

This press release has been distributed by SalemGlobal Internet Interactive Public Relations. Based in New York City, SalemGlobal (salemglobal.com) optimizes websites to increase traffic from search engines for the medical, healthcare, legal, automotive and real estate industries. For further information, please contact Dov Weinstock at 212-993-5828.

Key high Level Findings include number of multifamily sales declined sharply compared to the first quarter of 2007 for San Francisco, New York City, and Los Angeles; median sale price drops for multifamily properties in San Francisco and Los Angeles, but stays steady in New York City; the median price per square foot for multifamily properties continued its downward trend compared to the first quarter of 2007 in San Francisco, New York City, and Los Angeles.

New York, NY (PRWEB) June 3, 2008 — PropertyShark.com, the premier real estate data website, today released its quarterly investment property report covering multifamily property sales in New York City, Los Angeles, and San Francisco for the first quarter of 2008.

"The most telling market indicator for multifamily properties in New York City, Los Angles, and San Francisco is the 20-45% decrease in the number of sales compared to the same quarter last year. Transactions obviously just aren't happening like they were in 2006" stated Bill Staniford, CEO of PropertyShark.com.

Key high Level Findings (Request report for details and charts):

• Number of multifamily sales declined sharply compared to the first quarter of 2007 for San Francisco, New York City, and Los Angeles.
• Median sale price drops for multifamily properties in San Francisco and Los Angeles, but stays steady in New York City
• The median price per square foot for multifamily properties continued its downward trend compared to the first quarter of 2007 in San Francisco, New York City, and Los Angeles.

PropertyShark.com issues the quarterly Investment Property Report to provide real estate investors with quantitative market insight about multifamily buildings, defined as Two Family Dwellings, Three Family Dwellings, Four Family Dwellings, Five or More Family Dwellings, and Mixed Use Properties. It does not include single family homes, coop or condo units, or other commercial or industrial buildings.

San Francisco Multifamily Properties:

• San Francisco County registered 251 sales, down 24.62% from the last quarter of 2007 and down 21.56% since Q1 2007.
• The median sale price in San Francisco was $935,000, down 3.61% from Q4 2007, and down 14.61% from the first quarter of 2007.
• The median price per square foot in San Francisco was $301, up 1.78% from Q4 2007, but down 10.58% since Q1 2007.

Los Angeles Multifamily Properties

• Los Angeles recorded 1,525 closings in the first quarter of 2008, down 5.63% from Q4 2007 and down 31.17% from Q1 2007.
• The median sale price in Los Angeles County for Q1 2008 was $535,000, down 10.83% from Q4 2007 and down 17.72% from Q1 2007.
• The median price per square foot in Los Angeles was $236 for Q1 2008, down 6.79% from Q4 2007, and down 18.35% since Q1 2007.

NYC Multifamily Properties

• There were 2,991 closings in New York City, down 4.59% from Q4 2007 and down 41.41% from the first quarter of 2007.
• The median sale price in New York City was $625,000, unchanged from Q4 2007 and down 0.79% from Q1 2007.
• The median price per square foot in New York City was $242, down 3.01% from Q4 2007, and down 5.64% from Q1 2007. Of the five boroughs, Manhattan was the only borough which made a positive gain compared to Q4 2007, up 8.63%, but was still down 6.5% when compared to Q1 2007.

"After free falling for the first three quarters of 2007, Queen's multifamily home sales are stabilizing around the 1,000 transaction mark" said Paula Flonta, Product manager at PropertyShark.com. "However, the median sale price as well as the median price per square foot are still on the decline"

About PropertyShark.com: With over 25 million residential and commercial properties in twenty major markets, PropertyShark.com provides real estate professionals and investors with data and tools on all aspects of property, including building details, ownership information, recent sales prices, property values and comparable sales, sophisticated maps, listings, foreclosures and pre-foreclosures, mailing lists, photos, and more, available directly from the web. PropertyShark.com strives to level the playing field by offering independent real estate firms, investors, and savvy consumers the information transparency essential to evaluate real estate and make informed decisions. For more information go to: www.propertyshark.com.

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Source: Real Estate New York

The Hampshire Companies, a full service, private real estate investment fund manager with equity in assets valued at over $1.5 billion, has announced the development of an 8,400-square-foot single tenant, free-standing retail building located at 539 Albany Avenue in Kingston, N.Y. The property is being developed on behalf of Hampshire Partners Fund VII, Hampshire's $350 million institutional real estate investment fund.

Kingston, N.Y. (PRWEB) June 1, 2008 — The Hampshire Companies, a full service, private real estate investment fund manager with equity in assets valued at over $1.5 billion, has announced the development of an 8,400-square-foot single tenant, free-standing retail building located at 539 Albany Avenue in Kingston, N.Y. The property is being developed on behalf of Hampshire Partners Fund VII, Hampshire's $350 million institutional real estate investment fund.

Hampshire has secured a long-term lease with Quick Check Corporation upon completion. The building will feature excellent visibility and signage and is being developed in a high traffic area that offers easy access to the site.

"This was an excellent opportunity for us to expand our retail portfolio in a highly desirable area," said Norman A. Feinstein, Executive Managing Director of The Hampshire Companies. "Our ability to secure a high-caliber tenant such as Quick Check while still in the development phase is a testament to our ability to deliver sound real estate investments."

About Hampshire Partners Fund VII
Hampshire Partners Fund VII is a commingled, discretionary value-added real estate investment fund. The goal of Hampshire Partners Fund VII is to deliver superior, above-market returns to its institutional investors through the acquisition, repositioning and operation of investment-grade properties in attractive locations. The focus of investment for this value-add fund is on industrial, retail and suburban office products located in the growth corridors of the Northeast and Mid-Atlantic.

About The Hampshire Companies
The Hampshire Companies is a full-service, private real estate investment fund manager based in Morristown, New Jersey. The Hampshire Companies is a vibrant, dynamic organization that combines creative vision and superior execution, thereby enabling it to create and enhance value in real estate investments in order to consistently outperform the market. Additional information on The Hampshire Companies and its funds is available online at www.hampshireco.com.

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Source: Real Estate New York

United Country - Absolute Auctions & Realty, Inc. located in Pleasant Valley, NY, will be conducting a major real estate auction of close to fifty properties at the Renaissance Westchester Hotel located in White Plains, NY on Sunday June 8th starting at 1:11PM. The doors will open for registration on-site at 10:33AM.

White Plains, NY (PRWEB) May 29, 2008 — United Country - Absolute Auctions & Realty, Inc. located in Pleasant Valley, NY, will be conducting a major real estate auction of close to fifty properties at the Renaissance Westchester Hotel located in White Plains, NY on Sunday June 8th starting at 1:11PM. The doors will open for registration on-site at 10:33AM.

Ocean, lake and riverfront properties including many fine homes, condos, approved subdivisions, commercial and residential vacant land, multi-family, mini-mart gas stations, restaurants and recreational properties will all be offered without minimum starting bids to qualified buyers. Properties will be transferred to the buyer with a guarantee to be free of liens or encumbrances by closing. All properties will come with guaranteed insurable titles.

This exciting buying opportunity is the first of nine multiple-property auctions across America hosted by United Country Auction Services based in Kansas City, Missouri.

United Country approaches these events with a unique, singular objective which is consistent with the company's longstanding mission of simply uniting buyers and sellers in an innovative and efficient way. Only at auction — can competitive bidding by seriously interested buyers provide an instant 'fair market value' offer to motivated sellers. This time-tested method of real estate sales is fast, efficient and effective. Subsequently, all of the purchase contracts will be executed at "today's" prices.

"We realize that many people out there today need a solution to their individual real estate needs. Many sellers are looking for a better way to sell their homes, while serious buyers want to have a say in the construction of the ultimate price." said Mike Jones, president of United Country Auction Services.

United Country's New York multi-property auction will be conducted by United Country - Absolute Auctions & Realty, Inc., located in Pleasant Valley, N.Y. Rob and Sue Doyle, owners/auctioneers, have been conducting live auctions for more than 20 years.

"What it comes down to is that we have people who want to sell homes and buyers who want to fulfill the American dream of home ownership in the current market. Our main goal in conducting these events is to bring these groups together to make transactions happen. We want to provide an accurate and effective means to properly market these properties. These are people's homes, businesses and land investments, and each one deserves to be given time and attention. Our goal is to find the right buyer for each property at an accurate market price," Auctioneer, Rob Doyle said.

Another advantage to the United Country program is their unique marketing tools, which have been reaching buyers for decades. These tools have enabled the company to build a proprietary buyer database, currently totaling more than 300,000 buyers, who have contacted the company with interest in making a purchase. This asset is coupled with United Country's industry-leading website which attracts more than 1 million visitors each month.

United Country's marketing power will be used to attract maximum participation at each event. The multi-property auction format also provides expediency to sellers by creating a set sale date and establishes true market value through the competitive bidding process.

The auction method gives sellers the knowledge that their property will gain exposure to buyers who are truly ready to make a purchase - something that has been difficult to do with the traditional method of sales in many markets.

To provide additional peace of mind to buyers, United Country will offer a home warranty, the United Country Home Protection Plan, as an option on each property featured at their events. Buyers will also benefit from the expertise of United Country Home Mortgage's experienced team, who will be able to pre-qualify buyers for up to 97% financing prior to the auction event.

Anyone interested in viewing the properties and preparing to bid on any of the properties should go to the website www.UCAuctionServices.com/Events/NewYork. They will find a wealth of information on the properties as well as learning how to qualify to bid on any of the magnificent properties. A special event toll-free hotline has been setup for those not having Internet access. The number is 800-999-1020 Ext 902.

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Source: Real Estate New York

Liberty Quarters launches today, bringing four truly unique Manhattan-themes to Edmonton's brand new Downtown East revitalization known as The Quarters.

Edmonton, AB (PRWEB) May 25, 2008 — Innovative properties in the cutting-edge east downtown redevelopment are available this weekend, long before ground is broken on the first highrise condominiums for the area approved by council only last month.

The offering is a visionary project in the area newly designated by the city as The Quarters Downtown. Aptly named Liberty Quarters, the development is the first of its kind for the area and will offer a unique choice of four entirely different Manhattan themes (Central Park, Broadway, Greenwich and SoHo) in two-storey town houses and individual suites. The themes vary in virtually every conceivable way, not just a choice of paint or cabinetry colours. Central Park is bright and airy as a summer breeze, while Greenwich offers a cozy, library-like feel. SoHo is downtown-chic and streamlined, while Broadway is irrepressibly arty, with a musical vibe.

Such diversity is the product of a competition that had designers and their crews working nonstop day and night to complete, to be judged by a panel of celebrity judges June 12.

Liberty is an opportunity for average buyers to get a jump on affordable development in the area while encouraging other developers to help really get the ball rolling, says developer Alumni Development Group's president Natasha Stenzel.

Our inspiration for Liberty was the urban lofts of Manhattan, where people live very near all that's central to their lives," Ms. Stenzel says. "We've got the Arts District right on our doorstep, plus the LRT, river valley and the best of downtown. You can literally give up driving and live with more freedom and less impact than people in suburbia."

For buyers who do drive, the building features secure, heated underground parking ― a sought-after commodity in downtown Edmonton.

Liberty Quarters is located just off Jasper Avenue, in an area that has rather organically become the launch pad for the downtown redevelopment. A strip of fresh new housing faces the building's front, creating an existing oasis in east downtown. The City of Edmonton recently opened its project headquarters for The Quarters half a block away, and the first highrise condo tower approved by council will be built to the near southwest.

Strategically, we couldn't have picked a more perfect location," says Ms. Stenzel. "From here going south, the redevelopment is essentially complete. As the parks are built and improvements continue north and northwest, early adopters here stand to benefit the soonest. They'll get in at a lower price point." Ms. Stenzel points out how housing prices skyrocketed after the city of Vancouver undertook a similar, arguably less ambitious redevelopment near its once run-down core in the now-prestigious Yaletown.

Alumni Group has taken its efforts to the streets ― literally cleaning up the neighbourhood. The development team has gone out with bags to collect litter from the surrounding roadsides and lanes, and donated trash cans to many neighbouring homes. "We're here to help make the community better," says Ms. Stenzel, "and that means working outside our walls as well as within them. This will be one of the best places in Edmonton to live, and we're here to make sure of that."

The City of Edmonton has extensive plans for The Quarters Downtown, which include breaking down the large blocks into more walkable ones, as well as adding pedestrian-friendly parks and courtyards and the river valley funicular that may resemble the one in Quebec City, a locale with similar weather challenges. But it's the developers and their supporters who ultimately ensure the success of a project of this nature.

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Source: Real Estate New York

With The Recent Law Change Regarding Real Estate Rebates In New York, SharpBuyers.com Is Now Helping New York Home Buyers Pay Their Closing Costs By Connecting Them To Local Realtors Who Provide Full Service And A Real Estate Rebate At Closing.

New York, NY (PRWEB) May 22, 2008 — SharpBuyers.com, the national Real Estate Referral service, today announced their entry into New York. The Boston based company provides home buyers with free information and resources about buying a home, and connects them to local Realtors that provide a real estate rebate at closing. On May 21, 2008 SharpBuyers.com successfully connected their first home buyer to a New York Realtor. "We are very excited to be the first company to offer New York home buyers a 50% commission rebate." says Co-Founder Robert Nichols. "As a result of the internet and technology, home buyers are becoming more educated about the home buying process and it is only fair that they reap the benefits of their diligence." The United States Department Of Justice also supports rebates and states on their website "rebates significantly benefit consumers in savings on buying or selling a home."

Prior to February 5, 2008 home buyers in New York could not legally receive a real estate rebate, but a recent law change now makes it possible for Realtors to rebate their commissions to New Yorkers. The SharpBuyers.com system provides all home buyers with a real estate rebate. The Rebate ranges from 20%-50% of the buyer agent's commission and is based on the number of accompanied showings provided by the Realtor. SharpBuyers.com has successfully added over 100 New York Realtors to its network since March 2008 and Co-Founder Leonard Nomura says he "anticipates significant growth once New York home buyers realize they can save thousands through real estate rebates."

SharpBuyers.com provides information and resources to consumers for free. Revenue is generated through referral agreements with brokers throughout the country. The Realtors in the SharpBuyers.com network include brokers and agents from RE/MAX, Prudential, Coldwell Banker, EXIT Realty, Long & Foster, GMAC Real Estate and several other brokerage firms.

For more information about Sharp Buyers, please visit SharpBuyers.com or contact Robert Nichols

Contact
Robert Nichols
SharpBuyers.com
Phone: 800.884.0468
Email: Media(at)SharpBuyers.com
Web: SharpBuyers.com

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Source: Real Estate New York

New York Law School today announced the creation of its eighth specialized academic center, the Center for Financial Services Law, which will begin offering courses and programs at the Law School in the Fall 2008 semester.

New York, NY (PRWEB) May 21, 2008 — New York Law School today announced the creation of its eighth specialized academic center, the Center for Financial Services Law, which will begin offering courses and programs at the Law School in the Fall 2008 semester.

The Center for Financial Services Law will be led by an expert in the field: Ronald H. Filler, Managing Director in the Capital Markets Prime Services Division at Lehman Brothers. He will join the Law School as a Professor of Law and Director of the Center.

"I am pleased to have someone with Ron's knowledge and expertise in this important and complex legal field join the Law School," Dean and President Richard A. Matasar said. "The new Center on Financial Services Law will provide unique educational and academic programs involving the global financial services industry," "Regulatory reforms and policies in the area of financial services need to be examined, analyzed, and debated today."

Professor Filler has served on numerous industry boards and advisory committees during his career and, most recently, as a Member of the CFTC Global Markets Advisory Committee, the CME Clearing House Risk Operating Committee, The Clearing Corporation Board of Directors, and the FIA Law and Compliance Division Executive Committee. He has spoken at hundreds of industry conferences and seminars during his more than 30 years in the futures and derivatives legal fields and has taught several different law school courses at four U.S. law schools as an Adjunct Professor of Law. He founded the Commodities Law Institute at Chicago Kent College of Law in 1978 which became the futures industry leading academic law program through 1995.

The Center will expand the number of specialized financial services law courses currently offered to J.D. students and develop hiring and recruiting opportunities for students and alumni who have an interest in financial services law. It will also provide a forum to discuss regulatory reforms and current issues facing this global industry, create new educational programs for industry legal and business professionals, and will establish an LL.M. in Financial Services Law.

"I am very excited about becoming part of the NYLS family and helping to make NYLS become the premier US law school specializing in the financial services law field," Professor Filler said.

The new Center comes at a time of great growth for the Law School as it expands its academic programs to meet the growing needs of students and on the heels of the launch of the Law School's Center for Real Estate Studies in February 2007.

About New York Law School
Founded in 1891, New York Law School is an independent law school located in lower Manhattan near the city's centers of law, government, and finance. New York Law School's renowned faculty of prolific scholars has built the School's strength in such areas as constitutional law, civil and human rights, labor and employment law, media and information law, urban legal studies, international and comparative law, and a number of interdisciplinary fields. The School is noted for its seven academic centers: Center for International Law, Center for New York City Law, Center for Professional Values and Practice, Center for Real Estate Studies, Center on Business Law and Policy, Institute for Information Law and Policy, and Justice Action Center. New York Law School has more than 13,000 graduates and enrolls some 1,500 students in its full- and part-time J.D. program and its Master of Laws (LL.M.) in Taxation program. www.nyls.edu

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Source: Real Estate New York

TitleVest, a Manhattan-based provider of title insurance and related real estate services, announced today the hire of Jennifer Ivaliotis as the Director of Coop and UCC Services.

New York, NY (PRWEB) May 19, 2008 — TitleVest, a Manhattan-based provider of title insurance and related real estate services, announced today the hire of Jennifer Ivaliotis as the Director of Coop and UCC Services.

A resident of Brooklyn, New York, Ivaliotis was previously employed by Modern Abstract Corporation, a subsidiary of First American Title Insurance Company of New York. During her eight year tenure with the company, Ivaliotis managed both the Coop Lien Search and Eagle 9 Insurance departments.

As the Director of Coop and UCC Services at TitleVest, Ivaliotis will ensure coop lien searches are processed with 24 hours, oversee same day submission of UCCs for filing, and maintain client relationships. In her new role, Ivaliotis said she looks forward to growing TitleVest's coop department and building relationships with both new and existing clients.

"We are thrilled to welcome Jennifer to the TitleVest team," said Bill Baron, president of TitleVest. "She brings a vast amount of UCC and coop knowledge with her and will play a vital role in attracting and maintaining clients. We look forward to working with her and anticipate great results."

Since 2000, TitleVest has distinguished itself in the title insurance industry by developing free-to-use, proprietary, web-based technology. Through the implementation of innovative technology, real estate attorneys can streamline the closing process through a 24/7 virtual hub. Most recently, the company developed a new online functionality which allows clients to have UCC and coop search results displayed as interactive web pages. With this new functionality, the company has been able to decrease paper usage and, by partnering with the Arbor Day Foundation, sustain its commitment to eco-friendly business practices.

About TitleVest
The TitleVest family of companies consists of TitleVest Agency, Inc., 1031Vest, LLC, and InsureVest Brokerage, LLC:

TitleVest (TitleVest Agency, Inc.) is a leading provider of title insurance, cooperative apartment lien searches, and related real estate services. TitleVest is a policy issuing agent for First American Title Insurance Company, Chicago Title Insurance Company, Fidelity National Title Insurance Company, Stewart Title Insurance Company, Old Republic National Title Insurance Company and Commonwealth Land Title Insurance Company.

1031Vest (1031Vest, LLC) is a leading Qualified Intermediary for IRC Section 1031 Tax-deferred Exchanges. A proud member of the Federation of Exchange Accommodators, 1031Vest is fully bonded and insured.

InsureVest (InsureVest Brokerage, LLC) is a full-service property and casualty insurance brokerage offering a full line of business and personal insurance products from its network of the leading and highest-rated insurance carriers.

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Source: Real Estate New York

An impressive 30 luxury rental residences have been leased in the past 30 days at Eleven80, the Art Deco residential landmark in downtown Newark, NJ. More than 230 residences have been leased at Eleven80, with some 320 people already residing in the building, according to Cogswell Realty Group, which completely renovated the former office building at 1180 Raymond Boulevard into 317 upscale rental homes and an elaborate amenity offering rivaling those found in luxury Manhattan buildings.

Newark, NJ (PRWEB) May 12, 2008 — An impressive 30 luxury rental residences have been leased in the past 30 days at Eleven80, the Art Deco residential landmark in downtown Newark, NJ.

More than 230 residences have been leased at Eleven80, with some 320 people already residing in the building, according to Cogswell Realty Group, which completely renovated the former office building at 1180 Raymond Boulevard into 317 upscale rental homes and an elaborate amenity offering rivaling those found in luxury Manhattan buildings.

The surge in leasing activity underscores the luxury rental building's growing appeal among young working professionals who are attracted to Eleven80's expansive residences, exceptional amenities and services, tremendous value and convenient location to Newark Penn Station. In fact, nearly 80% of Eleven80's residents commute to Manhattan — just a 15-minute train ride via the PATH.

"We have an exceptional conversion rate, meaning once prospective residents visit the building, more often than not they decide to move here," notes Cogswell CEO Arthur Stern.

Soaring 35 stories into the downtown Newark skyline, Eleven80 offers spectacular views of the Manhattan skyline and Military Park, as well as incomparable charm stemming from the original marble walls, terrazzo flooring and brass elevator doors being restored to their former splendor.

Residents also appreciate Eleven80's Manhattan-style amenities and services which include a private 8,000 square-foot health club with men's and women's locker rooms, steam room and sauna; a four-lane bowling alley with overhead scoring, an indoor half-court basketball court, a multi-media room with a flat screen TV, Playstation™ and X-Box 360®; a social lounge with a flat screen TV and billiards table; a Pilates studio and a conference center.

Convenient concierge service, Valet parking, a 24-hour attended lobby and complimentary shuttle service to the University District, Newark International Airport and Penn Station round out the unique lifestyle afforded residents.

Eleven80's residences offer from 598 to 1,401 square feet of living space, with monthly rents ranging from $1,615 for one-bedroom homes and from $2,425 for two-bedroom layouts.

"Residences feature expansive glass windows, gourmet kitchens with General Electric stainless steel appliances, black absolute granite countertops, recessed paneled cabinetry, gray porcelain tile flooring, and marble bathrooms with Crema Marfil vanity tops," notes Jackie Urgo, President of The Marketing Directors, Inc., Eleven80's marketing and exclusive leasing agent. "The homes also boast hardwood floors in the living areas, carpeted bedrooms, open kitchens, spacious walk-in closets and a washer and dryer, among other premium comforts."

For more information on Eleven80, call the Leasing Center at 973-824-1180, located directly across from Eleven80 at 12 Commerce Street, or access its website at www.eleven80rentals.com.

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Source: Real Estate New York

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