via NJ.COM By Travis Fedschun/The Jersey Journal The first building in the $750 million Harrison Station mixed-use development opened yesterday afternoon with ceremonies attended by Sen. Robert Menendez and local officials. The new development includes a beach volleyball court, landscaped courtyard with a pool, and a state-of-the-art fitness center just steps from the Harrison PATH station. … Continue reading First building in Harrison Station mixed-use development opens
Author: Editor
Waterfront rentals shine in a dull market
via The Newark Star-Ledger By Kathleen Lynn/The Record Two luxury apartment projects are planned for the Hudson River waterfront, a sign that rentals remain the most robust segment of the real estate market. Mack-Cali Realty, the state’s largest office landlord, said yesterday it is teaming up with Ironstate Development of Hoboken to build two highrise … Continue reading Waterfront rentals shine in a dull market
Housing Calls To Mack-Cali
via The Wall Street Journal By A.D. PRUITT And DAWN WOTAPKA Mack-Cali Realty Corp., New Jersey's largest office landlord, announced a joint venture to develop two luxury apartment towers on Jersey City's waterfront Wednesday. The deal, Mack-Cali's first foray into multifamily properties in a decade, comes as the company seeks new ways to expand as demand … Continue reading Housing Calls To Mack-Cali
First Phase of Harrison Station Complete
By DEBRA HAZEL/GLOBE ST HARRISON, NJ-The first phase of the Harrison Station mixed-use development here was officially completed on Dec. 9, when US Sen. Robert Menendez (D-NJ), Hudson County Executive Thomas A. DeGise and Harrison Mayor Raymond J. McDonough joined developers Ironstate Development and the Pegasus Group for a ribbon-cutting ceremony. The … Continue reading First Phase of Harrison Station Complete
Jump in housing starts points to recovery
via By Lucia Mutikani WASHINGTON (Reuters) - Housing starts and building permits jumped to a 1-1/2 year high in November as demand for rental apartments rose, suggesting the housing market was entering a tentative recovery. Tuesday's data, which also showed gains in groundbreaking for single-family homes, was the latest sign of a quickening of … Continue reading Jump in housing starts points to recovery
Park Slope Firm Expands To Williamsburg
via The Real Deal Venerable Park Slope brokerage Warren Lewis Realty is expanding outside the neighborhood for the first time. The 25-year-old firm is taking over Prudential Douglas Elliman's old office at 299 Bedford Avenue in Williamsburg, according to Warren Lewis president Aroza Sanjana. The 1,600-square-foot location, which Elliman vacated last year after moving into … Continue reading Park Slope Firm Expands To Williamsburg
Fort Lee redevelopment moves forward with residential project
By MELINDA CALIENDO The empty parcels of land next to the George Washington Bridge in Fort Lee moved one step closer to being occupied Wednesday. Borough leaders and representatives from BNE Real Estate Group held an official groundbreaking on a 12-story, $70 million luxury residential tower at 2050 Central Road, where work … Continue reading Fort Lee redevelopment moves forward with residential project
Welcoming new neighbors to town
BY Ron Leir/Observer Online HARRISON — U.S. Sen. Robert Menendez (D-Union City) and a host of other public officials came to Harrison Dec. 9 to give kudos to a development team that defied a down economy to build a “transit-friendly” ratable. They were paying tribute to Ironstate Development Co. and The Pegasus Group, both of … Continue reading Welcoming new neighbors to town
Out of sight – The high-end market headed higher in 2011
By MAX GROSS ... As the super-high end of the market flew higher than ever, the rest of the condo market also seems to be telling a positive story. Namely, the city has finally digested the glut of inventory lingering since 2008. “We saw something interesting in Harlem, where we’re selling the Apex,” … Continue reading Out of sight – The high-end market headed higher in 2011
Work Begins on RiverTrace on NJ Side of the Hudson
By Dees Stribling, Contributing Editor/MULTI-HOUSING NEWS West New York, N.J.—Roseland Property Co. has broken ground on RiverTrace, a 316-unit rental building within the Port Imperial master-planned district in West New York, one of the towns directly across the Hudson River from Manhattan. Port Imperial is a 200-acre mixed-use community along the Hudson River waterfront that … Continue reading Work Begins on RiverTrace on NJ Side of the Hudson
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