Northeast
Urban Garden Unveiled at Rehabilitated Affordable Housing Buildings in Bronx
The New York City Department of Environmental Protection, Workforce Housing Group, Grow NYC, Banana Kelly Community Improvement Association, the Department of Housing Preservation and Development and other partners recently unveiled Kelly Street Green urban garden, which marked the final component of an extensive rehabilitation of five Bronx buildings.
Ideal Properties Group Launches New Luxury Community in Brooklyn
Brooklyn-based Ideal Properties Group is launching a new luxury rental building in the Park Slope neighborhood of Brooklyn.
Hines, MetLife to Develop Quincy, Mass., Waterfront Community
International real estate firm Hines, in conjunction with MetLife, has announced it will develop a mixed-use multifamily property on the Quincy, Mass., waterfront.
The Lightstone Group Names Mark C. Green Senior Vice President of Construction
The Lightstone Group, a privately held real estate company, has named Mark C. Green, veteran of nearly two decades in the real estate development industry, as its senior vice president of construction.
HDC Board Approves $372.5M in Bonds for 2,226 Affordable Housing Units in NY
The New York City Housing Development Corporation has approved the issuance of $372.56 million in bonds and $88.7 million in subordinate financing to fund 2,226 units of affordable housing in 16 developments in the Bronx, Brooklyn and Manhattan.
Perkins Eastman Research Collaborative and the Alzheimer’s Foundation of America Team Up to Identify Best Design Practices for Dementia Care Facilities
Perkins Eastman Research Collaborative and the Alzheimer’s Foundation of America announced the publication of the white paper, “Excellence in Design: Optimal Living Space for People With Alzheimer’s Disease and Related Dementias,” which details best design practices concerning residential care settings for individuals living with Alzheimer’s disease.
Ingerman Nears Completion on Collings Second Phase
The second and final phase of The Collings at The LumberYard, an apartment development in metro Philadelphia, has topped off.
Madison Apartment Group’s Anne-Marie Niklaus Named Regional VP of IREM
Philadelphia—Anne-Marie Niklaus, divisional vice president of Madison Apartment Group, LP, the multifamily operating arm of Equus Capital Partners, has been named 2015-2016 regional vice president for Region #2 of the Institute of Real Estate Management (IREM). With more than 18,000 members worldwide, IREM has been a trusted source for education, resources, information and membership for real estate management professionals for more than 70 years. During her two-year term, Niklaus will have oversight over IREM chapter activity throughout Pennsylvania, Delaware, New Jersey and New York. Anne Marie previously served in a number of chapter leadership positions, including President of IREM’s Delaware…
The Marketing Directors Expands NYC Office with New Hire
Dailey Wiese, a real estate professional with hands-on experience in the architecture and design industries, has joined The Marketing Directors as a marketing coordinator.
TODAY’S DEALS: NorthMarq’s Orlando Office Completes $38.6M CMBS Loans
NorthMarq Capital arranged financing for two multifamily transactions, one with interest-only; and CBRE/New England facilitates a $1.6 million sale of an East Boston industrial property that will be converted to transit-oriented residential use.