The financial crisis brought New Jersey’s for-sale housing sector to its knees — and developers of luxury condominiums were among the hardest hit by the meltdown. But some builders are slowly coming back to the asset class, experts say, driven by the demand for high-end units in the state’s prime locations and the sheer lack…
via Laura D.C. Kolnoski/ Industry Magazine A comprehensive development like no other, Port Imperial along the Hudson River continues rising as new residents clamor to be part of a whole new thing. A community in itself, the $2 billion development stretches over two miles along the waterfront. It is rapidly transforming the area with soaring residences,…
A partnership between Energy Technology Savings (ETS), Lowe’s, and Electrolux could have major implications for multifamily energy usage. The companies are launching a pilot program, installing wireless pack-aged terminal air controller (PTAC) units at high-rises in New Jersey. By connecting the PTAC units to wireless networks, users will be able to con-trol the devices from…
Joy Abma, 23, and Dan Charnesky, 24, expected to rent an apartment after their wedding this spring. But when they looked at the high rents — and the difficulty of finding a place that would take their three dogs — they decided to try to buy a home instead. “We had been saving for a…
The new Fort Lee, NJ, rental tower The Modern was some 40 years in the making. To hear resident Larry Sharpe describe it, it was worth the wait. “You have every amenity in the world,” Sharpe says of the building, where he shares a two-bedroom with his wife and their three-year-old twin daughters. “There’s a…
As developers go, David and Michael Barry are just about as prolific and active as anyone else in New Jersey. But that’s not because they simply finish a project and then move onto the next one. Quite the contrary — the heads of Ironstate Development are as much about building neighborhoods as they are about…
via BuzzBuzzHome – With The Residences at Palmer Square, you have to start at the very beginning. The 100-unit bespoke luxury development in downtown Princeton is the culmination of a vision that dawned in the late 1930s. In the early 1900s, Edgar Palmer first conceived of the Square as a new municipal center with buildings for…
Today’s New York Post “Home” report on Harrison, NJ development features our clients BNE Real Estate Group, and Ironstate Development. Via Adam Bonislawski/New York Post According to Mayor James Fife, Harrison, NJ, once held the state record for the most liquor licenses issued in a square mile. Today Harrison seems to be…
Our client, Madison Hawk Partners, is featured in today’s The Wall Street Journal‘s “Mansion” section report on the challenge of selling personalized properties. “John Nugent spared no expense customizing his Andover, Mass., home for his family. For his sports-loving children, he built a full-size indoor basketball court with a scoreboard, a 30-second shot clock and…
via Jonathan Lin/ NJ.com Game changer. Transformative. Incredible. These were just some of the words used by Jersey City officials and developer KRE Group at the groundbreaking ceremony this morning for “Journal Squared,” a massive, three-tower project at the heart of the city which, upon completion, will boast the tallest residential building in New Jersey.…
