Northeast
Joint Venture Opens Affordable Housing in Harlem
A joint venture has opened Bethany Place, 23 renovated apartment units in Harlem, to go to Sandy-impacted and rent-burdened families.
LCOR’s David Klock Promoted to Chief Financial Officer
LCOR, a fully integrated real estate company specializing in property development, investment and management, announced that David Klock has been named chief financial officer and senior vice president.
BGC Partners Agrees to Acquire Apartment Realty Advisors (ARA) and Its Members
BGC Partners Inc., a global brokerage company servicing the financial and real estate markets, announced that it has entered into agreements to acquire Apartment Realty Advisors (ARA) and its members representing substantially all of ARA’s revenues.
WiSe, Nuestra Complete Affordable Housing Rehab in Boston
WiSe Urban Development and Nuestra Comunidad Development Corp. have completed the rehabilitation of Washington Park. The property is an eight-building, 96-unit apartment community that straddles the Boston neighborhoods of Dorchester and Roxbury and includes 86 affordable units.
Nancy Ruddy Named to Board of Newman Real Estate Institute
Nancy J. Ruddy, cofounder and managing principal of the award-winning global architecture and design firm CetraRuddy, has been named to the board of the Steven L. Newman Real Estate Institute in New York.
One Seaport Square Breaks Ground in Boston
Berkshire Group, WS Development and Boston Global Investors announced the groundbreaking of One Seaport Square, the largest mixed-use project in Boston in three decades.
Condos Now Available at Montage at Hamilton’s New Building
Builder Sharbell Development has announced that condominiums in the new building at its upscale Mercer County active-adult community Montage at Hamilton are now available for lease or purchase.
Comcast Announces ‘Advanced Communities Network’ for Multifamily Properties
Comcast unveiled a new suite of fiber-based products and services–Xfinity’s Advanced Communities Network (ACN)–tailored specifically for multifamily properties within its residential footprint.
SPECIAL REPORT: The Case for Queens
Everyone is trying to get a piece of Queens these days. A panel at Massey Knakal’s Multifamily Summit explains why.
Boston Apartments Win Superior Energy Performance Designation
The U.S. Environmental Protection Agency has recognized Castle Square Apartments as one of the first multifamily housing properties in the country to earn Energy Star certification for superior energy performance.