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
Author: Editor
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
Green’ Gowanus Condo Launches Sales
Green Elements Include Rain Screen Façade, Recycled Materials By LINDA COLLINS/BROOKLYN DAILY EAGLE GOWANUS — Warren Lewis Realty has launched preview sales at Jade 8, a new green condominium in Gowanus that will have its grand opening in January. The boutique development, at 186 Eighth St., between Third and Fourth avenues, contains eight units described … Continue reading Green’ Gowanus Condo Launches Sales
MACK-CALI AND IRONSTATE DEVELOPMENT TO DEVELOP MULTI-FAMILY RENTAL TOWERS ON JERSEY CITY WATERFRONT
Edison, New Jersey—December 7, 2011—Mack-Cali Realty Corporation (NYSE: CLI), along with Ironstate Development Company, today announced that the two companies have formed a joint venture to develop luxury multi-family rental towers on the Jersey City Waterfront. The first phase of the project consists of a parking pedestal to support two high-rise towers of approximately 500 … Continue reading MACK-CALI AND IRONSTATE DEVELOPMENT TO DEVELOP MULTI-FAMILY RENTAL TOWERS ON JERSEY CITY WATERFRONT
HIGHPOINTE AT WOODBURY JUNCTION EARNS SILVER AWARD FOR INTERIOR LAYOUT AND DESIGN FROM THE NATIONAL ASSOCIATION OF HOME BUILDERS
The Upscale Orange County, NY Community is a Finalist for the Gold Award at the National Sales and Marketing Awards Competition, Which Will Take Place in February MONROE-WOODBURY, N.Y. – – HighPointe at Woodbury Junction, the collection of 25 stylish single-family homes rising in the well-established Woodbury Junction neighborhood … Continue reading HIGHPOINTE AT WOODBURY JUNCTION EARNS SILVER AWARD FOR INTERIOR LAYOUT AND DESIGN FROM THE NATIONAL ASSOCIATION OF HOME BUILDERS
Crystal Point in Jersey City Adds Designer Models
via Multi-Housing News Online By Dees Stribling, Contributing Editor Jersey City, N.J.—Crystal Point, an upscale condo development on the Hudson River waterfront in Jersey City, has augmented its marketing efforts with two professionally decorated models, including a two-bedroom penthouse residence on top of the 42-story structure and a one-bedroom model elsewhere in the property. The … Continue reading Crystal Point in Jersey City Adds Designer Models
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