The new single-control Axor Citterio Prep Kitchen Faucet from Hansgrohe features a shorter spout and a lower overall height. Intended as a secondary faucet in modern kitchens, this prep faucet is ideal for installation on island countertops or bar sinks which makes it suitable for apartments.The prep faucet measures just over 15 inches high, while [...]

By Anuradha Kher, Online News EditorWashington, D.C.–The U.S. Department of Housing and Urban Development has appointed Shelley Poticha as senior advisor for Sustainable Housing and Communities. She will direct the office if the bill seeking to create it becomes law. “Poticha will help lead HUD’s effort to change the way we think about our communities,” says [...]

MasterCard Worldwide’s Steve Carnevale argues that credit card rent payments benefit both the customer and the apartment owner’s bottom line. He reveals, for example, why residents prefer to use credit cards, according to the company’s researchBy Steve Carnevale, MasterCard Worldwide It is clear that we are moving towards a cashless society. Electronic payments are replacing [...]

Washington, D.C.–The Green Building Certification Institute (GBCI) has accepted the U.S. Green Building Council (USGBC) as the first Education Reviewing Body (ERB). With ERB status, USGBC is now authorized to review and approve continuing education offerings under the LEED Professional Credentialing Maintenance Program.  ERBs must meet organizational and technical criteria established by GBCI, demonstrating capacity, [...]

By Erika Schnitzer, Associate EditorMorristown, N.J.—Leasing has begun at The Highlands at Morristown Station, a new 217-unit rental building located in the heart of downtown Morristown, N.J.Developed by Rosewood—a joint venture between Roseland Property Co. and Woodmont Properties—the development is part of the state’s Transit Village Program, which encourages development at and around major train [...]

LoopNet, Inc., which operates an online commercial real estate marketplace with more than three million members, recently announced the results of a just-closed “LoopNet Pulse Poll.” More than 2,000 LoopNet members responded to the poll, which was conducted from July 16, 2009, through July 24, 2009.  LoopNet members include commercial real estate investors, brokers and owners [...]

By Anuradha Kher, Online News EditorNew York–On behalf of Stonehenge Management, Meridian Capital Group has arranged $151 million in financing for The Ritz Plaza (pictured left), a multifamily property located at 235 West 48th St. in New York City.  The Ritz Plaza is a 43-story building featuring 479 luxury rental apartments and 30,000 square feet [...]