Archive for the ‘Real Estate’ Category

Madison Executive Center Celebrates Ribbon-Cutting Ceremony at One Bethlehem Plaza in Lehigh Valley, PA Area

Sunday, January 12th, 2014


Bethlehem, PA (PRWEB) November 26, 2013

On Thursday, November 14, 2013, Madison Executive Center at Bethlehem hosted an evening Ribbon-Cutting Ceremony and Open House for the Lehigh Valley Chamber of Commerce. Chamber of Commerce members were treated to a ribbon-cutting ceremony, tour of the executive suites and conference facilities followed by refreshments.

Guests at the Open House also enjoyed a presentation entitled Maximizing Small Office Spaces by Darla Pompilio, professional organizer and founder of Your Tasks-Our Time, based in the Lehigh Valley area. A free iPad was raffled as the Grand Prize, along with other great gifts. Jane Kapinas from Lehigh Valley Financial Group was the Grand Prize winner. Another prize was a complimentary pass for use of the conference room, a chance to try out Madison Executive Center (MEC) services free of charge. Guests were then encouraged to mingle and network with other local business execs.

In addition to the Open House, Madison Executive Center at Bethlehem hosted a Fall Party for the co-tenants at One Bethlehem Plaza on Thursday, Oct 31st. Businesses housed in the buildings ten lower floors enjoyed the seasonal decorations and prizes, festive refreshments, and cheerful atmosphere of the party. Attendees also received a tour of the executive center, with many tenants expressing interest in utilizing the conference room space for overflow meetings or visiting contractors. Brokers and real estate agents received a private invitation to tour the executive center as well.

The new Madison Executive Center at Bethlehem features executive suites with a staffed, professional reception area, fully-outfitted private offices, two spacious conference rooms and two signing/meeting rooms. MEC is located on the top floor of One Bethlehem Plaza and boasts 11,000 square feet of office space. The executive suites are ideal for sole practitioners, start-ups and small businesses, seeking professional office space and support services, without the overhead. MEC specializes in offering a professional setting with short and long term leases that meet the varying needs of business owners, as well as administrative / clerical support on a need-basis.

The collapse of Bethlehem Steel Corporation in 2001 had a devastating impact on the economy in Bethlehem and the surrounding areas. Over the past ten years, significant efforts were invested in revitalizing local commerce, by building up diverse markets beyond industrial manufacturing.

Bethlehem Executive Towers was instrumental in developing the Madison Executive Center at Bethlehem and positioning it to assist with the revitalization of the Lehigh Valley area. The grand opening of the Madison Executive Center represents a turning point for local industry, said Sruly Rosenbaum, President of Madison Executive Center at Bethlehem. By providing support services and a professional setting, MEC is contributing to Lehigh Valleys resurgence and economic recovery.

Andrea Solomon, General Manager and Client Care Coordinator for MEC, has seen many new business start-ups in her career with MEC. When start-ups and sole proprietors come to MEC, it is often the next step in growing a home-based business, explained Solomon. Some entrepreneurs use MEC as a stepping stone to grow their businesses until they are ready to purchase space or lease a much larger space. Other businesses, such as CPAs or other independent services, prefer the stability and consistency of leasing an executive suite long-term.

Madison Executive Center originated in Lakewood, NJ as the best alternative to traditional office space for cost-conscious professionals doing business in central New Jersey. During the last decade, the first MEC location enjoyed an average occupancy rate of 90%. With the success of the business model, the decision was made to replicate the model in other areas with a need for more Executive Offices and strong government and private sector support for small businesses, sole proprietorships and new start-ups. MEC is currently expanding locations to Bethlehem, PA and Newark, NJ.

One Bethlehem Tower is owned and managed by Diversified Capital, LLC. Diversified Capital owns and manages a comprehensive portfolio of commercial and residential properties in New Jersey, Pennsylvania, Virginia, Connecticut and Texas. Founded in 1999 by president Joseph I. Rosenbaum, the firm specializes in acquiring and turning around properties, repositioning these acquisitions as stabilized, income-producing assets within its long-term portfolio.







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For Sale by Owner Homes in Ft. Lauderdale, FL Now Posted Online by KDP Real Estate Group

Sunday, January 12th, 2014


Ft. Lauderdale, FL (PRWEB) December 28, 2013

The Ft. Lauderdale real estate market has increased in activity in 2013 and one housing company is taking advantage of the homes available. The KDP Real Estate Group is now posting for sale by owner homes in Ft. Lauderdale, FL online for buyers at http://houseforsaleinfl.co.

These housing solutions are provided in comparison to the regular realtor services that some companies provide. This change to working directly with owners of properties to sell to qualified buyers is expected to speed up closing times for property owners.

The houses in Ft. Lauderdale now marketed online feature prices that are at and sometimes below the assessed Broward County rates. These properties are expected to create a more affordable solution for buyers of homes who might be unable to qualify for a traditional bank or lender mortgage.

“Purchasing for sale by owner houses can help buyers to eliminate many of the closing delays common with standard real estate sales,” said a source from the KDP Real Estate Group.

A housing website is now featured online to promote the available Broward County properties for sale. Each property that is under contract with homeowners to sell through the KDP Group is now posted on this website. New property photographs have been included along with the listed sale price for each home.

“The Internet is now one useful tool for real estate companies to market properties that are under the radar of regular realtors to reach buyers in the state of Florida,” the source confirmed.

The KDP Real Estate Group is now accepting housing applications for its homes for sale and homes for rent online. These applications are presented to all interested buyers or renters on the company website. This simple collection of data is used to begin the application process instead of waiting for applications submitted by mail.

About KDP Real Estate Group

The KDP Real Estate Group purchases homes in the state of Florida using its expanded resources of partners to locate homes at affordable prices. This company creates immediate housing solutions for consumers seeking houses for sale through its purchase or rental programs. The KDP Real Estate Group company has designed all of the features found on its website to be simple to use for any person interested in the housing programs this company provides. Online applications are now accepted when submitted through the company website.







Testimonials- Karim Jaude Dynamics Capital Group- Commercial Real Estate Investing

Saturday, January 11th, 2014

Testimonials- Karim Jaude Dynamics Capital Group- Commercial Real Estate Investing

http://www.dynamicscapital.com Dynamics Capital Group specializes in value-added investment properties throughout the United States, as well as opportunities…

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Gettry Marcus CPA, P.C., a Leading Tax and Business Valuation Firm, Discusses an IRS Decision to Ease the Use-Or-Lose Rule for Health Flexible Spending Arrangements

Saturday, January 11th, 2014

Woodbury, NY (PRWEB) December 27, 2013

Leading tax, accounting and forensic accounting firm Gettry Marcus CPA, P.C., comments on health flexible spending arrangements (health FSAs). Health FSAs are popular savings vehicles for medical expenses, but their use has been held back by a strict use-or-lose rule. The IRS recently announced a significant change to encourage more employers to offer health FSAs and boost enrollment. At the plan sponsor’s option, employees participating in health FSAs will be able to carry over, instead of forfeiting, up to $ 500 of unused funds remaining at year-end.

Health expenses

Health FSAs are designed to reimburse participants for certain health care expenditures, typically expenses that qualify for the medical and dental expense deduction. Medical supplies, such as eye glasses and bandages, are usually treated as qualified expenses. However, nonprescription medicines (other than insulin) are not considered qualified medical expenses.

Health FSAs are often funded through voluntary salary reduction agreements with the participant’s employer under a cafeteria plan. In that case, they are very taxpayer-friendly because no federal employment or federal income taxes are deducted from the employee’s contribution. The employer may also contribute to a health FSA. However, there are special rules which govern employer contributions.

Typically, participants designate at the beginning of the year the amount they want to contribute to their health FSA and these amounts are deducted from their pay. For 2014, an employee’s salary reduction contributions cannot exceed $ 2,500. The $ 2,500 cap is very important because cafeteria plans that do not limit health FSA contributions to $ 2,500 are not treated as cafeteria plans, and all benefits offered under the plan are included in the participants’ gross income.

Use-or-lose rule

As mentioned, the use-or-lose rule is a drawback to health FSAs. Unused amounts remaining in the health FSA at year-end are forfeited. Employers are not allowed to refund any unused funds in a health FSA. Critics of the use-or-lose rule argue that it has discouraged participation in health FSAs because many employees do not want to risk forfeiting unused funds. Often, participants have to scramble at year-end to use their health FSA dollars.

Grace period option

A few years ago, the IRS modified the use-or-lose rule. The IRS allowed cafeteria plans to adopt a grace period. Participants can use amounts remaining in a health FSA at year-end for up to an additional two months and 15 days. This grace period is optional. Employers are not required to offer the grace period, although many do.

To learn about additional options, visit the Gettry Marcus tax update page.

Gettry Marcus CPA, P.C. is a Top 200 firm nationally with offices in Woodbury, Long Island and New York City. We provide accounting, tax, and consulting services to commercial businesses, high net worth individuals and various industries which include Real Estate and Health Care. We have one of the premier and most credentialed Business Valuation, Litigation and Forensic Accounting Groups in the New York Area. Our experience in diverse industries and a highly talented and experienced professional staff gives us the ability to share valuable insights into our clients businesses, to better understand their goals and problems and to help them attain the vision they have for their company.

Gettry Marcus is “Always Looking Deeper” to build value for our clients. Visit the Gettry Marcus tax page here.

Media inquiries: Contact Fayellen Dietchweiler at 516-364-3390 ext. 225 or at fdietchweiler(at)gettrymarcus(dot)com.

If and only to the extent that this publication contains contributions from tax professionals who are subject to the rules of professional conduct set forth in Circular 230, as promulgated by the United States Department of the Treasury, the publisher, on behalf of those contributors, hereby states that any U.S. federal tax advice that is contained in such contributions was not intended or written to be used by any taxpayer for the purpose of avoiding penalties that may be imposed on the taxpayer by the Internal Revenue Service, and it cannot be used by any taxpayer for such purpose.







LJM Developments shares its vision for its groundbreaking Condominium project in Burlington

Friday, January 10th, 2014


Burlington, Ontario (PRWEB) November 25, 2013

Burlington citys prized condominium project maintains its surge in pre-registrations and is poised to break ground in Fall 2014.

The rising interest for condominiums in this high-growth area is a glowing testimony for the fan base LJM Developments has developed and also for the future of the real estate market in Burlington.

“Thrive with Burlington has been our promise ever since we started operating in the city. As such, contributing to the economic growth and well-being of the city of Burlington has been our most celebrated success and accomplishment in the past year. The Appleby Gardens Condominium project represents our dedicated effort to create a thriving community and serves our promise to the residents of Burlington says Liaquat Mian, CEO of LJM Developments.

MoneySense magazine ranked Burlington as the second best city to live in Canada. Apart from the citys bright economic outlook, fine weather, and a perpetually low crime rate, accessibility to major transportation and business centers makes Burlington one of the most-preferred Canadian destinations for both residents and investors. Appleby Gardens condominium project is well-placed within Burlington and connected to major highways (QEW and 407), and the Burlington GO Station, which facilitates short commutes to other urban centers, including Toronto.

Appleby Gardens Condominiums 61-unit, seven-storey building offers soft-tinted glass exterior, sophisticated high-speed elevators, Wi-Fi enabled lobby, a cutting-edge fitness studio, a party room, and advanced parking facilities for cars and bikes. In addition to its innovative architecture, the buildings design adopts the latest in environmental standards, adding to Burlington citys aptly known techno-green sanctuary.

Appleby Gardens is an all-encompassing destination for my family. While my husband prefers the short commute, the kids will enjoy the outdoor activities within the area, and I love the fact that grocery stores, shopping, restaurants, and entertainment centers are just walking distance, says Elizabeth, who recently reserved a two-bedroom unit at Appleby Gardens.

About LJM Developments

With over a decade of unsurpassed excellence, LJM Developments is a recognized industry leader in real estate development. The company has developed highly-acclaimed signature projects that are a perfect synergy of world class architectural design and cutting-edge construction quality. The company has launched key initiatives in major urban centers in Southern Ontario, including Toronto, Burlington, and Grimsby.

LJMs Appleby Gardens Condominium project was announced less than a year ago and has received overwhelming interest from the local and surrounding communities. For more information about Appleby Gardens Condominiums or to initiate the registration process, please visit http://www.applebygardens.ca/

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If you would like more information about this topic or need to make further press inquiries, please contact LJM Developments at 289-245-1900 or e-mail: info(at)ljmdevelopments(dot)ca