Northeast
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.
Joseph Aliotta Joins Perkins Eastman as Principal
International design and architecture firm Perkins Eastman announced Joseph J. Aliotta AIA, LEED AP as a principal in the firm’s New York office.
Gut Rehab to Create Apartments for Homeless
The Walnut Avenue Apartments redevelopment is about to begin construction in the Jamaica Plain neighborhood of Boston. The project will be a gut rehab of a derelict commercial building that will ultimately create housing for 30 formerly homeless individuals.
Alkis Klimathianos Joins Goldstein, Hill & West Architects as Senior Associate
Goldstein, Hill & West Architects (GHWA), a New York City-based architecture firm responsible for more than 35,000 residential units in over 100 buildings throughout Manhattan, announces that Alkis Klimathianos has joined the firm as a senior associate in its design department.
ASB Buys Sustainable Apartments in Boston
ASB Real Estate Investments has acquired the Element, a recently constructed 100-unit apartment building that’s part of the Green District, a sustainable residential community in Boston’s Allston-Brighton neighborhood.
Average Apartment Sale Price Up in Manhattan
A third quarter Brown Harris Stevens Manhattan residential market report released Oct. 1 shows that the average apartment sale price remained unchanged from the previous quarter, but was up 18 percent from the same quarter of the previous year to $1.67 million—the second highest average apartment price ever recorded.