Northeast
Massive Harlem Mulitfamily Renovation Under Way
Work has started on the first phase of the redevelopment of Randolph Houses, which are in central Harlem in Manhattan.
Gilbane Development Launches Brown University Student Housing
Ground has been broken on the first purpose-built student housing community in Providence, R.I.
NYSERDA Announces Funding Opportunity for Multifamily Heating Improvement Measures
The New York State Energy Research and Development Authority has announced that $1.2 million in funding has been set aside to assist multifamily buildings in implementing improvements to heating systems.
Cristi Resciniti Promoted to CFO at Pennrose Management Co.
Cristi Resciniti, CPA, has been promoted to chief financial officer at Pennrose Management Co.
Michael Daly Joins Jonathan Rose Companies as COO
Jonathan Rose Companies, a green real estate development, investment and project management firm, has named Michael Daly chief operating officer of the firm.
Wood Partners Community in Hopkinton, Mass., Nearly Complete
Wood Partners has announced that construction is nearly completed at its $45 million development, Alta Legacy Farms, in Hopkinton, Mass. The 240-unit luxury community, located in the master-planned Legacy Farms project, opened for lease in July 2013 and is 43 percent leased.
Joint Venture Condo Development Set for NYC’s Upper East Side
Zeckendorf Development, Global Holdings and Park Sixty are developing 520 Park Ave., a 51-story luxury residential tower located at East 60th Street between Park and Madison Avenue, on Manhattan’s prestigious Upper East Side.
Tavivian Sporn to Handle Exclusive Leasing at 15 West 55th, 70 West 45th
Assa Properties has selected the Tavivian Sporn Team at Douglas Elliman Real Estate to handle exclusive leasing for new inventory at 15 West 55th Street and 70 West 45th Street in Manhattan.
Israeli Investor Clal Buys NJ Apartment Property
Clal US Waterton Associates have acquired Infinity Apartments, which is on Old River Rd. in Edgewater, N.J., for $48 million.
Jonathan Rose Companies Developing Mixed-Use Community in South Orange, N.J.
Jonathan Rose Companies is developing Third & Valley, a 215-apartment, mixed-use community in New Jersey’s township of South Orange Village.