Northeast
Redeveloped Coop Adds 79 New Luxury Units to Elmhurst Neighborhood
Veteran developers Myles Horn, ABC Properties and Fisher Associates have unveiled 79 redeveloped units at The Continental Park in Queens, New York’s Elmhurst neighborhood.
Leasing Officially Launches at NYC’s Prism at Park Ave. South
Leasing is underway at Prism at Park Avenue South, the new rental property from Equity Residential. Prism is the rental portion of the 40-story, architecturally significant hybrid rental-condominium tower designed by architect Christian de Portzamparc, winner of the acclaimed architectural Pritzker Prize in 1994, and renowned for bold and modern designs.
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.