Northeast

Enterprise Names Judi Kende Vice President and New York Market Leader

Enterprise Community Partners Inc. (Enterprise) announced that Judi Kende has joined as vice president and New York market leader after working eight years at the Low Income Investment Fund (LIIF).

KRE Group, Ironstate NJ City Development Fully Leased

The Marketing Directors have announced that the lease-up at Kushner Real Estate Group and Ironstate Development’s new luxury building in Jersey City, N.J., has set a city leasing record after inking more than 100 leases at the 422-unit community, 18 Park, within about four weeks of its initial lease-up campaign.

Keeping the Faith in Philly: Barzilay Develops Apartments Within a Church

Try to convince Barzilay Development founder and CEO Alon Barzilay that someone should preserve and redevelop Philadelphia’s historic structures, and you’d surely be preaching to the choir. Barzilay has announced his company’s Sanctuary Lofts, an apartment project built within a 125-year-old church, is now available for lease.

Thomas O’Brien Named President of LCOR

LCOR, a fully integrated real estate company specializing in property development, investment and management, announced that its chief operating officer, Thomas O’Brien, a 30-year veteran of the company, will succeed Peter DiLullo as president of LCOR, effective July 1.

Williamsburg Adaptive Reuse Near Completion

The Williamsburg neighborhood of Brooklyn has been a residential hotspot for some time now—ever since Brooklyn was discovered by hipsters and people tired of paying Manhattan rents—and the latest of a swarm of recent residential developments, 172 North 10th St., is nearly finished. The project is an adaptive reuse.

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.