Condo
On the Market: 5 Interesting Listings for the Week of 9/18
This week’s listings include the recently completed rehabilitation of an historic 18-unit building in Jersey City, N.J., and a new townhouse asset in New Hampshire that comes with an adjacent lot available for future development.
Sales Start for NJ Luxury Waterfront Condos
The two-building Park and Shore is Strategic Capital’s first Jersey City development and the Newport neighborhood’s first condominium project in the last eight years.
JV Secures $130M Senior Loan for Minneapolis Condos
Provident Real Estate Ventures and Shamrock Properties Inc. will develop The Legacy, a 374‐unit property that will include an eight‐story podium with a 14‐story and a 17‐story tower, along with three levels of subterranean parking.
Bellevue Breaks Decade-Long Hiatus with Ground Breaking
Vancouver-based Bosa Development’s One88 is a 21-story tower with 143 luxury units. Bosa spent a considerable amount of time developing a special product for the market.
Manhattan Sale Prices Drop: CityRealty Report
The study found that the average cost in the New York City borough continues to drop, but downtown is still thriving when it comes to condo, co-op and new development purchases.
JV Secures $155M for Miami Condos
Terra, New Valley, Great Eagle Holdings and Bizzi & Partners secured the construction financing for Eighty Seven Park, a 66-unit tower featuring luxury amenities such as a butler service, juice bar and full-time botanist.
DMG Investments Tops Out on NJ Luxury Condo Asset
While completion of the 204-unit One Park in Cliffside Park, N.J., is scheduled for fall 2018, Halstead Property Development Marketing recently opened an onsite sales gallery.
Miami’s 1010 Brickell to Begin Closings
The 389-unit tower, a partnership of Key International and 13th Floor Investments, underwent 36 months of construction and is currently 99 percent sold.
Lena New Boston Breaks Ground on 41 Mixed-Income Units
The $200 million redevelopment of the former Boston State Hospital site entered a new phase, which will include 22 affordable units. The project is part of Olmsted Green, a 42-acre development in the heart of the city.
NR Investments Tops Off Miami Condos
In a nod to the surrounding artistic influence, one of the newly unveiled features of the tower is a collaborative installation involving 22 renowned street artists.