Development
53 Broadway Thriving in Brooklyn’s South Williamsburg Neighborhood
New York developer Adam America, in partnership with The Horizon Group, is reveling in the success of its new 53 Broadway community in Brooklyn’s South Williamsburg neighborhood after nearly two-thirds of the building’s apartments were leased in its first three weeks on the market.
Bernards Kicks Off Construction on Glendale Mixed-Use Project
Los Angeles-based commercial builder Bernards has started construction on a 315,391-square-foot mixed-use project in Glendale, Calif., that will take aim at the Gen-Y cohort of renters.
Sustainable Mixed-Use Building Nearly Complete in Brooklyn’s Brighton Beach Neighborhood
Construction is nearly complete on Bright ‘n Green’s fully-sustainable, six-unit, mixed use community in Brooklyn’s Brighton Beach neighborhood.
Fannie Mae Says Multifamily Development is Rebounding, But Single-Family Units Still Dominate Rental Market
A decline in home-ownership rates would seem to suggest a boom for the multifamily industry, but a shift in renter preference from multifamily to single-family homes and a growing desire for home ownership may force industry professionals to re-think how they attract the key age group of renters to their communities.
‘What Renters Want’ with Jessica Fiur: Apartments and Superstitions
Many high-rises don’t have a 13th floor. What other superstitions are there regarding buildings?
Oden Hughes Set for Construction of 950-Unit Community Starting in 2014
Austin-based Oden Hughes and Desarrollos Delta of Monterrey, Mexico, have announced that they will begin the first phase of construction on a 950-unit, multifamily community in the Northwest area of San Antonio beginning in early 2014.
Micro Units: Living Large in Small Spaces
An acute lack of inventory and soaring rents are providing New York City developers with an opportunity to turn the concept of living in small apartments into an art form. One such developer organization, LifeEdited, was launched in 2009 by Graham Hill, a trained architect turned entrepreneur who believes in simplifying life and living large in tiny spaces. LifeEdited began as a “crowd-sourced” micro design competition that invited proposals for a 420-square-foot SoHo apartment owned by Hill.
Liability Rolls Downhill: How Flow Down Clauses Can Harm You
Since the construction of multifamily projects typically involves several parties, it is crucial to craft your contracts with the utmost care. Failure to do so could greatly increase your risk of contractual liability to third parties, particularly when those provisions known as flow down clauses are involved.







