Condo
Glassy Condos Rising in Weehawken, N.J.
Ground has been broken for a new 74-unit condominium building on Weehawken’s Hudson River waterfront.
Chinese Developer Announces Residential and Commercial Developments in Two Very Different Markets
A Chinese development company has announced the beginning of works on two different real estate projects worth $35.3 million.
Designers: Share Your Projects with ASI ‘Power of Materials’ Contest
Innovative materials help create multifamily spaces that stand apart. Architectural Systems, Inc. (ASI) wants to showcase those properties on its website and is now accepting entries for its Power of Materials Contest. Enter your best and most recent project photos from global rental, condo and mixed-use properties and you could win an iPad. The contest ends September 7. Send high-resolution images along with your headshot and a description of the project along with an explanation of how ASI products met the design intent and helped support the client’s business objectives. Email materials to greddick@archsystems.com by September 7.
Condominiums to Open in NYC Woolworth Building
Alchemy Properties recently acquired a condominium interest in the top 30 floors of the Landmark Woolworth Building in Lower Manhattan. The company plans to create 40 residential units.
TODAY’S DEALS: 52-Story Condo Breaks Ground in San Fran
Principal, Urban Pacific begin a phase II condo project; Marcus & Millichap sells a 212-unit asset near Houston; and Walker & Dunlop closes on a $5.6 million loan.
Purchase of 71 Laight St. to Result in Luxury Condo Development
With the purchase of the landmarked 71 Laight St. by real estate firm Taconic Investment Partners and certain funds managed by Oaktree Capital Management, plans are underway to incorporate the existing building into a newly built luxury, loft-style condominium to open in 2014.
Brooklyn to Get Hotel and Condos in One Community
Recently, Toll Brothers City Living and Starwood Capital Group announced that they have been selected to develop a luxury and eco-friendly hotel called 1 Hotel, and condominium community at the Brooklyn Bridge Park.
Two-Day Art Sale and Celebration at Premier Midtown Condominium Raises Over $250,000 to Support Fight Against AIDS
More than 250 art enthusiasts recently visited the 60th floor penthouse at 400 Fifth Avenue, the luxury condominium tower atop The Setai Fifth Avenue, to celebrate art and make a difference in the fight against AIDS.
NAHB Says Condo Market Shows Improvement
The National Association of Home Builders announced that the Multifamily Production Index, or MPI, reached its highest rating since the third quarter of 2005.
MHN Interview: Rose Associates’ Unique Approach to Developing The Sheffield
MHN talks to Jack Levy of Rose Associates, who explains why, unlike with most buildings, The Sheffield’s amenities were developed last.