Northeast
Mission Cap Surpasses $1B in Residential Transactions
Mission Capital Advisors, a national real estate capital markets solutions firm, announced that its residential trading group has surpassed $1 billion in offered transactions for 2013.
La Cite Development’s Village Lofts First Modular Development in Hempstead
Village Lofts, the first modular multifamily rental development to come to Long Island’s Nassau County, received a gala grand opening last week.
Joe Scholes Promoted to Senior Vice President at FirstService Residential
FirstService Residential New York, a property management company in the New York metropolitan area, announced that Joe Scholes has been promoted to the position of senior vice president.
The Dolben Company Hires Two Regional Property Managers
The Dolben Company Inc., a full-service Boston-based real estate company, announced that Marie Moraski and Brian Shapiro have been promoted to the role of regional property manager.
BLT and Metrovest Unveil Third Rental Building at The Beacon in Jersey City, NJ
Co-developers BLT and Metrovest have unveiled their latest building, The Paramount, within the companies’ Jersey City, N.J. development The Beacon, following on the heels of successful lease-ups of its two other buildings, Mercury and Orpheum, earlier this year.
CBT Architects-Designed Charlesview Residences Open in Boston
The newly opened Charlesview Residences development, designed by CBT Architects, signals a bright new day for long-time residents of the structure it supplants, the dilapidated, 42-year-old Charlesview Apartments in Boston.
Architect Forms New NY Firm, Works on Multifamily
Martin Kapell, until recently a partner at WASA/Studio A, has formed a new architecture firm in Hudson Square in Lower Manhattan: think! architecture and design.
New Boston Fund and Asian Community Development Corp. Kick Off Construction on 362-Unit Mixed-Income Community
New Boston Fund Inc. and the Asian Community Development Corporation have announced the closing of financing and the beginning of construction on the mixed-income community One Greenway, located on Hudson Street in Boston’s Chinatown neighborhood.
Brooklyn Heights Apartment Reports Rapid Leasing
In another example of the strong demand for new apartments in New York City, 184 Joralemon, which began leasing only this summer, is now more than half leased, according to Ideal Properties Group, with rents ranging from $4,260 to $5,600 per month.
Ariel Property Advisors Sells Pair of Multifamily Buildings in New York
Ariel Property Advisors announced that it has sold the adjoining properties at 556-562 West 126th Street in New York for $15 million, which comes totals about $284,615 per square foot.