Multifamily construction still moving at solid clip

via Joshua Burd/ NJ BIZ The pace of new multifamily construction starting in New Jersey continued to accelerate in the first half of this year, according to new figures compiled by the state. Through June, cities and towns across the state issued permits for multifamily projects that call for more than 3,400 new units, up 55 … Continue reading Multifamily construction still moving at solid clip

What’s new: These developments are ready to shake up the NYC market

The New York Post real estate section features our client The Marketing Directors, Inc. and 67 Liberty! By KATHERINE DYKSTRA - Call it the perfect storm. The supply of NYC condos for sale is down (48 percent from the peak in 2008). Demand is up (with mortgage rates low and rents high). And consumer confidence has … Continue reading What’s new: These developments are ready to shake up the NYC market

An Ironclad Growth Plan

Barry brothers make Ironstate a success by sticking to development strategy By Joshua Burd     The ability to stick to a plan has always been a key strength of David and Michael Barry. Like their father and grandfather, who founded the development business they now lead, the brothers have stayed atop the industry by staying … Continue reading An Ironclad Growth Plan

Superiority complex

Jersey City, with all of its new apartments and luxe amenities, ‘has become a destination in its own right’ by MAX GROSS/ New York Post One of the best amenities (among many) that Nicole Daw can point to at the massive Newport development in Jersey City is the elephants. “That’s where we meet a lot … Continue reading Superiority complex

Path to glory

Jersey City development is on the march to greater heights By MAX GROSS/ New York Post Like some desperate boy on the make, Brooklyn and Long Island City spent a long time trying to convince apartment hunters to give them a chance. Now it’s Jersey City’s turn. Like Hunters Point and Williamsburg, Jersey City is … Continue reading Path to glory

Lennar Urban To Break Ground On 74 Condos At Port Imperial

By ANTOINETTE MARTIN/ GLOBEST.COM WEEHAWKEN, NJ–It is condo-construction time again, at least at Port Imperial. Lennar Urban tells GlobeSt.com that it will break ground next week on a new 74-unit building with million-dollar-plus units because buyer interest is rising again – particularly among foreign buyers. Lennar is currently at work on a 36-unit addition to the sprawling … Continue reading Lennar Urban To Break Ground On 74 Condos At Port Imperial

New Brunswick’s Gateway Transit Village Wins Smart Growth Award

By Jeffrey Steele, Contributing Writer New Brunswick, N.J.—A 2012 Smart Growth Award from New Jersey Future has been captured by Gateway Transit Village, a new mixed-use development next to the N.J. Transit train station in downtown New Brunswick, N.J. New Jersey Future is a non-profit smart-growth research and advocacy group based in Trenton, N.J. The … Continue reading New Brunswick’s Gateway Transit Village Wins Smart Growth Award

Development Plans In Place For Staten Island Waterfront

By: Amanda Farinacci Try walking along Front Street in Stapleton. It's not easy. The sidewalks that do exist are crumbling and many sections along the busy strip don't even have them, forcing pedestrians into the street. "It needs work," says Tom McKnighty with the New York State Economic Development Council. "It does not have sidewalks, it does … Continue reading Development Plans In Place For Staten Island Waterfront

INVESTOR SEES TREASURE ON SI SHORE

By Linda O’Flanagan Madison Realty Capital has taken over a distressed Staten Island condominium with plans to finish the building work and market it as a rental. Joshua Zegen, co-founder and managing member of the institutionally backed investment firm, said he believes the area around the St George building is in line for a renaissance. … Continue reading INVESTOR SEES TREASURE ON SI SHORE

Residents enjoy a taste of Tuscany at Vizcaya

  Residents of Vizcaya and their guests sampled platters of Tuscan delicacies, sipped Chianti and Prosecco and enjoyed live music under an early summer sky on July 10, during Vizcaya's "An Evening in Tuscany" celebration. The resident appreciation event was designed to showcase the luxury lifestyle Vizcaya offers its homeowners. Guests gathered on Vizcaya's Grand … Continue reading Residents enjoy a taste of Tuscany at Vizcaya