Naval Home Port in Stapleton being razed

via Virginia N. Sherry /SI LIVE STATEN ISLAND -- STAPLETON -- The long-awaited transformation of the Stapleton waterfront is under way at the 35-acre Home Port, the decommissioned U.S. Naval base. Ironstate Development Company, the Hoboken-based private developer, is taking the lead with a $150 million project on seven acres of the site. The first phase … Continue reading Naval Home Port in Stapleton being razed

VALUE COMPANIES COMPLETES THE VISION FOR SUTTON HILL RENTAL COMMUNITY IN MIDDLETOWN, N.Y.

MIDDLETOWN, N.Y. – Value Companies. Inc. unquestionably ended 2011 on a high note with the completion of yet another award-winning apartment community in the New York metropolitan area. The Clifton, N.J.-based company recently finished the final buildings at The Point at Sutton Hill, a collection of 112 apartment homes which is almost 100% leased in the Orange County, … Continue reading VALUE COMPANIES COMPLETES THE VISION FOR SUTTON HILL RENTAL COMMUNITY IN MIDDLETOWN, N.Y.

The joy of renting: more of us are renting by choice

VIA JENNIFER V. HUGHES/SPECIAL TO THE RECORD Jeff Rossi is only 25, but when he was leaving his parents' home recently, he contemplated buying. "My mother is a Realtor and she fought me on renting," he said. "She told me to get an investment. I'm very hands-on, but I don't have time and patience to … Continue reading The joy of renting: more of us are renting by choice

Morristown: Revolving Around the Green

via The Wall Street Journal/ JOSEPH DE AVILA Morristown, N.J., has a rich Revolutionary War past and streets lined with Federal and Victorian homes. Its more recent history has included a downtown revitalization that has drawn young residents for its easy access to Manhattan and a lively restaurant scene all near the town center's known as … Continue reading Morristown: Revolving Around the Green

Staten Island Homeport Demolition Nears Completion

via Amanda Farinacci/NY1 “Things are underway here. We're really excited about it,” says David Barry of Ironstate Development. It's all part of an aggressive plan to turn the space into a Staten Island destination. Under a partnership between the city's Economic Development Corporation and Ironstate Development, 900 units of housing will be built in phases and … Continue reading Staten Island Homeport Demolition Nears Completion

NJAA Member Spotlight – Value Companies, Inc. – NJAA Management Company of the Year – Market Rate

via NJAA AIM Magazine/ December 2011 The story of the steady rise of the Value Companies to its present position as a leading real estate development, management and investment firms is a reflection of its name. During a history that spans six decades, this Northern New Jersey-based firm has consistently added value to every aspect … Continue reading NJAA Member Spotlight – Value Companies, Inc. – NJAA Management Company of the Year – Market Rate

Twenty50 Rental Breaks Ground in Fort Lee

via GLOBE ST/Debra Hazel FORT LEE, NJ–The recent groundbreaking of Twenty50, the 194-unit luxury rental building at 2050 Central Road here, is the culmination of nine years of planning, says BNE Real Estate Group, the project’s developer. The recession and resulting renewed appeal of rentals led BNE to reduce the size of the residences and … Continue reading Twenty50 Rental Breaks Ground in Fort Lee

Work Begins on Fort Lee Apartments

via MULTI-HOUSING NEWS/Dee Stribling, Contributin Editor Fort Lee, N.J.—BNE Real Estate Group has broken ground on Twenty50, a 194-unit apartment building near the George Washington Bridge in Bergen County, N.J., across from the uppermost reaches of Manhattan. Construction on the $70 million, 12-story building is scheduled to be complete by the fall of 2013. Designed … Continue reading Work Begins on Fort Lee Apartments

Season to Shine for Concierges

By ANTOINETTE MARTIN/THE NEW YORK TIMES AT a cozy multicultural party earlier this month in the clubroom of the Residences at Vail Mansion in Morristown, condo owners exchanged holiday cookies and recipes. The event had been arranged by the concierge service. At the Crystal Point tower in Jersey City, the concierges bought people’s gifts for … Continue reading Season to Shine for Concierges

Real estate developers see future growth in high-end, rental residential projects

By Sarah Portlock/The Star Ledger In the years since the real estate bubble collapsed, developers have looked long and hard at what projects they have in the pipeline. They study the market and in meetings ask, Could we see our plans through? Should we modify them? Start over? One segment that is starting to see … Continue reading Real estate developers see future growth in high-end, rental residential projects