Northeast
Two NY Apartment Properties Among First to Win Energy Star
Two Related Cos. properties in Manhattan are among the first in the nation to earn Energy Star certification for existing multifamily properties, according to the EPA.
Rose Names Two New Directors
Rose Associates, a New York-based full-service real estate firm, has announced the promotion of two individuals, George Olmo to director of construction and Chris Gibaldi to director of development. Each will lead their respective department in construction and development.
Capitalizing on the Brooklyn Boom
AECOM subsidiary Tishman Construction has been selected to provide construction management services for Greenland Forest City Partners’ 535 Carlton Avenue, an 18-story residential tower in Brooklyn, N.Y.
Hunt Mortgage Group Hires Cary Brownley as Director
Hunt Mortgage Group announced it hired Cary Brownley as director to help expand its FHA lending platform. Brownley will lead FHA multifamily and healthcare loan closings for the entire firm.
Vasco Ventures to Build 35 Luxury Units in Bed-Stuy
Private real estate group Vasco Ventures has unveiled plans to construct 35 luxury units in the Bedford-Stuyvesant neighborhood of Brooklyn.
MassHousing’s Loans Benefit Lynn, Mass., Seniors Housing
MassHousing loans totaling $16.4 million will make large-scale property renovations and the extension of affordability possible at St. Stephen’s Tower, a 130-unit community for seniors in Lynn, Mass.
The Bergen Luxury Apartment Building Sells for $52.2M
New York real estate developer The Naftali Group has closed on the sale of its popular Bohrum Hill rental apartment, The Bergen. The newly constructed, eight-story luxury building sold for $52.2 million and was brokered by Woody Heller of Savills Studley.
Greentree Development Group Gives Condo as a Gift
Greentree Development Group and the Semper Fi Fund donated a condominium at Parkside at Wanaque, a community of 88 townhomes and condominiums in Haskell, N.J., to Matthew Todd, an injured veteran of the Iraq war.
NJAA Hires Nichole F. LoPresti as Senior Vice President of Government Affairs and Special Events
The New Jersey Apartment Association has announced that Nichole F. LoPresti of Marlton, N.J., has joined the organization as senior vice-president of government affairs and special events.