Northeast
Pennrose’s Fairview Village Wins National NAHRO Award
Fairview Village, an affordable apartment community developed by Pennrose Properties LLC in partnership with the Housing Authority of Chester County, Pennsylvania, has won a 2014 National Agency Award of Excellence from the National Association of Housing and Redevelopment Officials (NAHRO).
Broadstone Lincoln Earns LEED Platinum Certification
Millennium Partners has unveiled plans for Millennium Tower Boston at 40 Franklin St., across from the site of the former Filene’s Department Store and the Burnham Building. All together, the tower will include 442 for-sale residential units.
540West in New York’s Hell’s Kitchen is 80 Percent Sold
Fortis Property Group and Wonder Works Construction Corp. have announced that the Hell’s Kitchen development, 540West, is now 80 percent sold.
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.