Northeast
Brooklyn’s 388 Bridge Street Now 75 Percent Leased
The Stahl Organization and Halstead Property Development Marketing have announced that the 53-story hybrid residential building 388 Bridge Street in Brooklyn is 75 percent leased. The 378-unit, mixed-use building includes 234 rental units, 104 condominiums and 40 penthouse residences.
Bell Partners Acquires 240-Unit Apartment Community in Boston Metro Area for $54.1M
Bell Partners Inc., has acquired Lodge at Stoughton, a 240-unit community in Stoughton, Mass., for $54.1 million from the Hanover Company.
WinnResidential Named 2014 Top Affordable Housing Manager by NAHMA
WinnResidential, the property management arm of WinnCompanies, announced it has been named the largest affordable multifamily property management company, ranked by affordable unit counts by the National Affordable Housing Management Association (NAHMA).
Prism Takes On-Site Fitness a Step Further at Parkway Lofts
Fitness centers are a nice addition to many luxury apartment buildings. At Parkway Lofts in Bloomfield, N.J., however, the fitness center is not merely an add-on. It is the crowning jewel of the building’s resort-style amenity package.
Kerry Rudd Appointed Duravit USA Vice President of Sales
Duravit USA is continuing its sales expansion with the addition of Kerry Rudd to the team. Rudd will join Duravit USA as the vice president sales, business development.
Plainfield, N.J. Affordable Housing Acquired by Tryko Partners
Liberty Village, an affordable housing property in Plainfield, N.J., has been added to the multifamily portfolio of private equity real estate group Tryko Partners.
A Compromise in Cambridge: Public-Private Partnership Results in Affordable Homes
After years of nurturing a controversial affordable housing project through the planning and approval stages, as well as overcoming legal battles and the recession, Lori Cowles finally gets to watch it go up before her eyes in Cambridge.
LEI Acquires 228-unit Community in Newark, Del.
Lowe Enterprises Investors, on behalf of an investment client, has announced that it has purchased the 18.5-acre, 228-unit Christina Mill Apartments in Newark, Del. from Korman Residential for an undisclosed price.
New Apartments Benefitting from High Line Location
Manhattan’s High Line, the linear park famed for spurring development and leasing in its general vicinity in the five years since the first phase opened, still seems to be working its magic.
WinnCompanies Completes 18th Adaptive Reuse Project
WinnCompanies’ real estate component, WinnDevelopment, has announced the completion of its adaptive reuse project, Voke Lofts, located at 34 Grove Street in Worcester, Mass.