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 Rich Bachmann/ The Real Deal TRD analysis finds nearly 9,000 residential units slated to hit along the Jersey waterfront New Jersey’s Gold Coast, the stretch of waterfront running along the Hudson River opposite Manhattan, is in the midst of a building boom, with dozens of developments (mostly rentals) in the pipeline. And as prices in…
via The Wall Street Journal A top executive of Lennar Corp. recently joined with officials from Weehawken, N.J., to celebrate the completion of the home builder’s newest condominium complex, a luxury building across the Hudson River from New York City. The 74-unit building—which will feature hotel-like amenities, including concierge services, a lobby lounge with a fireplace,…
CAHN PR 