LCOR | What’s New

		08.05.10 Washington Business Journal List: Top 10 GSA Leases The biggest lease ever signed by the U.S. government was for the U.S. Patent and Trademark Office headquarters in Alexandria, Va., that was developed and has been managed by LCOR, according to the Washington Business Journal. The U.S. General Services Administration signed the lease with LCOR in 2000.

		07.28.10 New LCOR Apartments in Brooklyn 90% Leased LCOR's 34 Berry Street is complete and 90% leased. Already half of the 142-unit North Williamsburg building is occupied, and LCOR has opened all of the property's amenities and released the penthouse apartments.

		05.17.10 LCOR Breaks Ground for Nuclear Regulatory Commission Building in North Bethesda A joint venture of LCOR and USAA Real Estate Company today broke ground for a new office building to be occupied by the U.S. Nuclear Regulatory Commission (NRC) adjacent to the White Flint Metrorail station in North Bethesda.

		04.22.10 LCOR Ranks #4 on List of Top Federal Government Landlords LCOR Incorporated ranked #4 on the list of Top Federal Government Landlords in 2009, according to The Federal Times (February 22, 2010). The publication's ranking is based on federal data of lease fees paid.

		04.07.10 LCOR Opens New Luxury Apartment Building in Brooklyn LCOR has announced the grand opening of North Williamsburg's newest rental development, 34 Berry Street — a 142-unit apartment building located at the corner of North 12th and Berry Streets in Brooklyn.

		02.09.10 ULI Book on “Green Retrofits” Highlights LCOR Building in NYC LCOR’s 545 Madison Avenue is showcased as a global role model of sustainability in a prestigious new publication from the Urban Land Institute (ULI) titled Retrofitting Office Buildings to Be Green and Energy Efficient: Optimizing Building Performance, Tenant Satisfaction and Financial Return.

		10.23.09 GSA Signs Lease with Partnership of LCOR and USAA Real Estate for Nuclear Regulatory Commission Expansion at North Bethesda Center The Washington, D.C. regional office of LCOR and USAA Real Estate Co. announced today that the U.S. Nuclear Regulatory Commission (NRC) will occupy a new office building at North Bethesda Center, the mixed-use development rising at the White Flint Metrorail station in suburban Maryland.

		07.14.09 “Green Forum” Highlights 545 Madison Avenue as Showcase of Sustainability 545 Madison Avenue, a 17-story, class-A building in the Plaza District that stands as one of New York City's “greenest” new office towers, was highlighted as a model of sustainability at a recent “Retrofitting Commercial Buildings to be Green” conference sponsored by the Urban Land Institute in Washington, D.C.

		12.22.08 LCOR Completes Construction of Two New Office and Retail Buildings In the Carlyle Area of Alexandria, Va. The Washington, D.C. regional office of LCOR announced today that the company has completed construction of two Class-A office buildings in the Carlyle area of Alexandria, Va.

		12.12.08 LCOR Secures $33 Million Construction Loan for New York Apartment Property LCOR, the real estate investment and development company, has secured $33 million in construction financing for a 142-unit residential rental property located at 34 Berry Street in the lively Williamsburg neighborhood of Brooklyn.

		10.21.08 LCOR Names Daniel J. Blake as Regional Controller The Washington, D.C. regional office of LCOR Incorporated, the real estate investment and development company, has named Daniel J. Blake as Regional Controller. In this role Blake is responsible for financial accounting and reporting for the company’s Washington, D.C. regional operations.

		09.24.08 Largest Harris Teeter Food Market in Maryland Opens at North Bethesda Center The largest Harris Teeter supermarket in Maryland opened its doors to 1,400 hungry shoppers last night, following a ribbon-cutting ceremony, for a special food-tasting event called “Taste of Teeter.”

		07.22.08 LCOR Sells Out Charleston Condo in New York City LCOR Senior Vice President David Sigman said today that the company has sold all 191 units at The Charleston, a luxury 22-story residential condominium located at 225 East 34th Street.

		07.15.08 LCOR Tops Out on Construction of Two Office and Retail Buildings in the Carlyle Area of Alexandria, Va. The Washington, D.C. regional office of LCOR Incorporated, the real estate development and investment company, announced today that it has topped out on construction of two Class-A office buildings in the Carlyle area of Alexandria, Va. The four-story office and retail buildings are located at 1920 and 2050 Ballenger Avenue.

		07.10.08 District of Columbia Selects LCOR as Development Partner for Library Site Mayor Adrian M. Fenty today announced that the District of Columbia has selected LCOR as its development partner for the Tenley Library/Janney Elementary School site in Northwest Washington.

		05.20.08 North Bethesda Center’s First Apartment Building Opens at White Flint Metro The Washington, D.C. regional office of LCOR announced today that it is now leasing luxury apartments at Wentworth House, the first building to open at North Bethesda Center at the White Flint Metrorail station in Montgomery County, Md. New residents can move in as early as June 1.

		04.30.08 Sales Soaring at LCOR’s New York Condos According to a recent report in Real Estate Weekly, Manhattan residential sales continue their “sizzling pace,” with LCOR’s Charleston and Chelsea Stratus experiencing strong sales activity. Both properties are more than 90% sold.

		02.15.08 LCOR’s DiLullo and O’Brien Elected to NMHC Board LCOR President and Chief Executive Officer Peter P. DiLullo and Chief Financial Officer Thomas J. O’Brien have been elected to serve two-year terms on the Board of Directors of the National Multi Housing Council.

		01.24.08 LCOR Secures $61 Million Construction Loan for Ambitious Office Rehab in NYC Commercial property developer LCOR has secured construction financing for a creative office redevelopment project at 545 Madison Avenue in the heart of Manhattan’s Plaza District.

		11.14.07 LCOR's PTO Campus Earns ENERGY STAR Rating from U.S. EPA The LCOR-developed and managed U.S. Patent and Trademark Office campus headquarters in Alexandria, Va. has earned an ENERGY STAR rating from the U.S. Environmental Protection Agency, reflecting the property’s “superior energy performance” and identifying it as “one of the most efficient buildings in the nation,” according to the EPA.

		09.01.07 Sales at LCOR’s Charleston in New York City Top 70% LCOR Senior Vice President David Sigman announced that 70% of The Charleston residences have been sold at the 22-story high-rise condominium located at 225 East 34th Street, where occupancy is immediate with the building opening this summer.

		08.06.07 LCOR Tops Out on Construction of North Bethesda Center’s First Apartment Building at White Flint Metro in Suburban Maryland The Washington, D.C. regional office of LCOR announced today that it has topped out on construction of the first new apartment building at North Bethesda Center, an office, residential and retail development rising on a 32-acre site directly adjacent to the White Flint Metrorail station in North Bethesda, Md.

		07.16.07 LCOR Secures $42.8 Million Construction Loan for Two New Buildings in Alexandria, Va., and Breaks Ground on the Project The Washington, D.C. regional office of LCOR Incorporated, the real estate development and investment company, announced today that an affiliate of the firm has secured a $42.8 million construction loan for the development of two Class-A office buildings in the Carlyle area of Alexandria, Va.

		07.05.07 LCOR Acquires Heathergate and The Ledges Apartment Communities LCOR Incorporated announced today that an affiliate of the company acquired Heathergate apartments in Langhorne, Pennsylvania for $27 million and The Ledges apartments in Groton, Connecticut for $51 million.

		03.19.07 LCOR Wins Assignment to Manage New Office/Retail Building in Suburban Virginia The Bethesda regional office of LCOR announced today that the company was selected to manage Carlyle Center, a five-story, 170,000 square foot office and retail building in the Carlyle area of Alexandria, Va.

		01.10.07 LCOR Names Seth R. Landau as Senior Vice President and General Counsel LCOR Incorporated, the real estate development, investment and asset management company, has named Seth R. Landau as Senior Vice President and General Counsel. In this role, Landau is responsible for the company’s legal functions, with extensive involvement in company acquisitions, financings and related transactions.

		12.31.06 LCOR Acquires Heather Ridge Apartments in Bowie, Md. LCOR Incorporated announced today that an affiliate of the company acquired the ownership of Heather Ridge Apartments in Bowie, Maryland. The new owner of Heather Ridge is LCOR Residential Associates LLC, a joint venture owned by affiliates of LCOR, Lehman Brothers and CalSTRS (the California State Teachers’ Retirement System). The seller of the property was an affiliate of Fairfield Residential.

		12.12.06 LCOR Acquires Montclair Apartments in Silver Spring, Md. The Washington, D.C. regional office of LCOR Incorporated announced today that an affiliate of the company acquired the ownership of the Montclair Apartments in Silver Spring, Maryland.

		11.07.06 LCOR Signs 75-Year Lease for 545 Madison Avenue in New York City LCOR, the national real estate development and investment company, has signed a 75-year ground lease for 545 Madison Avenue, and will soon commence full-scale redevelopment of the 17-story office building.

		08.18.06 LCOR's JFK Airport Terminal is a Model Public/Private Development Partnership, ULI Says Terminal 4 at John F. Kennedy International Airport in New York City, developed by LCOR with Schiphol USA and Lehman Brothers, is among the nation's most well-executed, successful public/private development partnerships, according to an Urban Land Institute survey published in the July 2006 edition of Urban Land magazine.

		07.01.06 LCOR Breaks Ground for North Bethesda Center at White Flint Metro in Suburban Maryland LCOR, the real estate development, investment and asset management company, today announced that it’s broken ground for North Bethesda Center, a mixed-use commercial and residential development that is rising on a 32-acre site owned by the Washington Metropolitan Area Transit Authority adjacent to the White Flint Metrorail station in North Bethesda, Md.

		06.07.06 LCOR, CalSTRS Increase Joint-Venture Fund Commitment: $1 Billion in Multifamily Projects LCOR and the California State Teachers’ Retirement System (CalSTRS), which last year formed a joint venture to develop and acquire multifamily housing assets primarily on the East Coast, have agreed to increase their combined equity commitment to $287.5 million. When leveraged with debt, the equity will allow the venture to complete multifamily investments of up to approximately $1 billion.

		02.28.06 LCOR Sells Out Wilton House, the Company’s First Condominium in the Washington Region The Washington, D.C. regional office of LCOR Incorporated announced today that the company sold all 259 units at Wilton House, a luxury high-rise residential condominium recently completed in Fairfax County, Va.

		02.21.06 LCOR Acquires Ravens Crest Apartments for $61 Million The Washington, D.C. regional office of LCOR Incorporated announced today that an affiliate of the company purchased Ravens Crest apartments in Northern Virginia for $61 million.

		01.01.06 LCOR Ranks as “Top 10” Developer in Washington, D.C. Region The Washington, D.C. regional office of LCOR Incorporated said today that the company ranked as the #8 developer in the Washington, D.C. regional area, according to the latest tally by the Washington Business Journal.

		10.12.05 NJ Transit Names LCOR Master Planner and Developer for 65-Acre Hoboken Terminal Property NJ Transit’s Board of Directors today selected LCOR to produce a master plan that will serve as a blueprint for transit-oriented development at its 65-acre Hoboken Terminal and Yard complex...

		08.01.05 LCOR Plans Luxury Condominium in Chelsea District of Manhattan The New York regional office of LCOR Incorporated said the company plans to develop a luxury condominium project in the Chelsea district of Manhattan.

		06.30.05 LCOR Purchases Murray Hill Property, Plans Luxury Condominium The New York regional office of LCOR announced today that Manhattan’s Murray Hill neighborhood soon will be home to The Charleston, a new 172-unit luxury condominium. The national real estate development company said it had completed acquisition...

		03.04.05 LCOR Completes Construction of New U.S. Patent and Trademark Office Headquarters Campus in Northern Virginia The Washington, D.C. regional office of LCOR Incorporated announced today that the company has completed construction of the new U.S. Patent and Trademark Office (PTO) headquarters campus in Alexandria, Va. Approximately 6,000 of PTO’s 7,100 local employees have relocated to the new offices...

		03.02.05 Bank Street Commons Emerges as Residential Centerpiece of White Plains Renaissance Bank Street Commons, the 502-unit residential community located in the heart of downtown White Plains, has emerged as a focal point of the city's fast-moving revitalization.

		01.11.05 Lawrence V. Capelli Joins LCOR as Director of Design and Construction The New York regional office of LCOR Incorporated today announced that Manasquan, New Jersey resident Lawrence V. Capelli has joined the management team as director of design and construction for the region...

		01.03.05 Leasing Under Way for LCOR’s Planned Mixed-Use Development at White Flint Metro in North Bethesda Leasing is well under way for LCOR’s planned new mixed-use development at the White Flint Metrorail station in North Bethesda, Md., the Washington, D.C. regional office of LCOR Incorporated said today. The company expects to announce the first major retail tenants by midyear...

		11.29.04 LCOR Completes Construction of Andover House, a Luxury Multifamily High-Rise On Thomas Circle in Northwest Washington The Washington, D.C. regional office of LCOR Incorporated announced today that the company has completed construction of Andover House, a 12-story, 171-unit luxury apartment building...

		10.01.04 LCOR’s Transit Developments, New York Region’s David Sigman Profiled in The Mann Report



		08.02.02 International Economic Development Council Honors LCOR and D.C. Public Schools with Award for Oyster School Public/Private Development Partnership 06.14.01 Public School Constructed at No Cost to Local Taxpayers Opens Today in Washington, D.C. 05.31.01 New $1.4 Billion International Terminal Opens at New York’s JFK Airport 02.27.01 Washington Metropolitan Area Transit Authority Selects LCOR as Development Partner for Major Suburban Maryland Metro Station Project 06.01.00 GSA Signs Lease for U.S. Patent and Trademark Office Headquarters