Rose Associates, the exclusive marketing and leasing agent for The Ellington, announced that a leasing office has been opened at the building at 260 West 52nd Street.
Rose recently began to fully renovate each of The Ellington’s 215 apartments.
First opened in 1987, The Ellington’s luxury apartments have long drawn interest from discriminating renters eager to live in the center of Manhattan.
“Our new leasing office allows us to better serve renters who are attracted by The Ellington’s midtown location and superior finishes,” said Robert A. Scaglion, senior managing director of residential marketing …

250 West Street in Tribeca, a collection of 106 condos built by El Ad US Holding, is now 70 percent sold.
Sales launched at the building in late summer 2011 and closings are now expected to start in the last quarter of 2012, according Thomas Elliott, executive vice president at El Ad US Holding.
Tribeca is popular with families and people in the financial industry who work Downtown and, according to Elliot, “250 West Street in particular is benefitting from a limited supply of quality inventory currently on the market throughout Manhattan, …

The level of interest from “a diverse collection of prospective homebuyers” is running high at The M at Englewood South, a new community of condos in Bergen County.
The Pinnacle Companies announced that in just four weeks since the enclave’s grand opening, the sales team at The M has been working non-stop with customers and has several homes under contract.
“People of all age groups, including quite a number of singles, couples and empty nesters, are coming in ready to buy,” said Mary Boorman, senior vice president of The Pinnacle Companies.
“It’s possible …

Upstart residential boutique City Connections Realty will launch a new commission structure tomorrow (Friday) that caps how much of their commission brokers have to pay the house.
“Today’s agents have many choices in choosing a firm to associate with, especially in the high-split and 100 percent arenas,” said David Schlamm, founder of the growing brokerage.

“This new model is much more suited for the seasoned and higher-producing agents who want a strong firm behind them.”

Real estate industry pros and their families were among the kite-fliers who took to the beach in Southampton over Memorial Day weekend to benefit lung cancer research.

A Fire Island nightclub that burned to the ground last November will be up and running with a modern new design starting in 2013, according the developer FIP Ventures.

“Although the new building will have the same envelope and mix of uses as its predecessor, the similarities end there,” Matthew Blesso, developer and managing partner of FIP Ventures, said.“The Pavilion will be in context with other Pines architecture. It will be made of wood and be modern and casual, yet bold and iconic. It is the first thing visitors see when getting off the ferry, and we’ve envisioned it to be the heart of the Pines community.”

Two New York developers, workhorse Related Cos. and newcomer Naftali Properties, this week unveiled plans to take advantage of the city’s tight condo market with in-demand new condos.
Related Cos. is redeveloping the 181-unit 225 Rector Place, a luxury condo by the designer Clodagh, in Battery Park City.
And former Elad boss Miki Naftali has announced a deal to build an apartment building in Brooklyn, where a dearth of new apartments  is pushing prices back to pre-recession highs.
“316 Bergen Street will be one of the premier buildings in the neighborhood,” said Naftali, …

NEW YORK, May 23, 2012 – Cushman & Wakefield announced today that N.Y. law firm Lankler Siffert & Wohl LLP has renewed and expanded its lease at 500 Fifth Avenue, located at the corner of 42nd Street in Bryant Park.

Lankler Siffert & Wohl will renew its lease for 22,753 s/f on the lower level, 33rd and 34th floors, and will expand on the 35th floor, occupying an additional 5,119 s/f. The law firm, which is a longstanding tenant in the building since 1987, will occupy a total of 27,872 s/f in the Midtown Manhattan building, which serves as the firm’s headquarters office.

 
RealDirect.com recently hosted an open house party in their new office located in New York City’s Silicon Alley. The team recognized their recent expansion into a new office, the hiring of three new agents and the launch of their new interface and search tools.
Guests enjoyed wine and cheese as they toured the new office at 19 West 21st Street, chatted with new neighbors and had the chance to experience RealDirect.com’s new interface and search tools on available iPads.

(New York, NY – May 22, 2012) The Mount Sinai Medical Center (MSMC), in partnership with WESTMED Practice Partners (WPP), announced today that it will build a 75,000 s/f, comprehensive outpatient medical office in downtown Brooklyn.

Staffed by Mount Sinai’s primary care and specialist physicians, The Mount Sinai Brooklyn Heights Medical Group, (MSBHMG), a full service multi-specialty practice, will offer outpatient services including primary and specialty care, diagnostic services and urgent care.

The new office, which will occupy the 17th and 18tf floors of One Pierrepont Plaza, part of Forest City Ratner Companies’ MetroTech Center complex, is anticipated to open in January 2013.