Northeast

FS Energy Named Finalist in RISE : NYC Competition

FS Energy, the energy management and advisory subsidiary of leading property management firm FirstService Residential, has been named a finalist in the RISE : NYC competition, which recognizes innovative projects and technologies that will bolster the city’s buildings and infrastructure against future storms.

Enterprise Makes $6M Tax Credit Investment to Preserve Philly Affordable Properties

Enterprise Community Investment has made a $6 million Low Income Housing Tax Credit deal to acquire, rehabilitate and preserve 92 affordable apartment units within four developments across scattered sites in Philadelphia.

Peak Campus Management Selected to Manage 20 Hawley Street

Atlanta-based Peak Campus Management has announced that it has been tapped to manage 20 Hawley Street in Binghamton, N.Y.

New GDC Rentals Brand Debuts in Yonkers

One of the most sprawling residential projects to be built in Yonkers in recent years has broken ground. Ginsburg Development Companies has commenced construction on River Tides at Greystone, a new $100 million, 330-unit luxury apartment community neighboring the Hudson River.

Groundbreaking Ceremony Held for Jersey City Development

Officials from The KRE Group and National Real Estate Advisors were joined by Jersey City Mayor Steven Fulop to break ground on a three-tower, mixed-use development in Jersey City, N.J.

Work Begins on Seniors Housing in Suburban Rochester

Ground has been broken on Long Pond Senior Housing, an affordable supportive seniors housing development in the town of Greece, a suburb of Rochester, N.Y. When the first phase is complete, the property will include 54 one- and two-bedroom units.

Pennrose’s Mark Dambly Elected to PAA East Board of Directors

Mark Dambly, president, Pennrose Properties, has been elected to the 2015 board of directors of the Pennsylvania Apartment Association East.

WinnCompanies Tapped for Management Responsibilities at Lumiere

Criterion Development Partners has selected WinnResidential to oversee management of its new Medford, Mass., property, Lumiere.

Greater Newark Housing Partnership to Create New Affordable Units

Two dozen new affordable and supportive apartments are coming to Newark’s Fairmount Heights neighborhood.

Tallest Residential Building in Western Hemisphere Tops Out in Manhattan

CIM Group and Macklowe Properties have announced the topping out of the building located at 432 Park Avenue in Manhattan, between 57th and 56th streets.