Northeast

Heidi Burkhart to Receive Affordable Housing Finance Young Leader Award

Heidi Burkhart of Dane Professional Consulting Group, an affordable housing brokerage based in New York City, will be receiving the Affordable Housing Finance Young Leader Award during the 2013 Affordable Housing Developers’ Summit in Chicago.

Manhattan Condos Sell at Frenetic Clip

As a measure of the revived (and accelerating) demand for condos in Manhattan, 182 West 82nd Street is more than half sold after a month on the market.

Enterprise CEO Terri Ludwig Wins Female Innovator of the Year

Terri Ludwig, president and CEO of Enterprise Community Partners Inc., was honored with a Gold Stevie® Award as Female Innovator of the Year at the 10th annual Stevie® Awards for Women in Business.

JMP Holdings/Canoe Brook Complete Second Phase of N.J. Apartments

The second phase of Highlands at Hilltop in Verona, N.J., has opened. The phase, which is adjacent to the first phase, adds 130 rental units to the community, as well as a 6,000 square-foot club room, outdoor pool, computer center, billiards, a golf simulator and other amenities.

Three-Way JV Acquires Building at 84 Williams Street in Downtown Manhattan

A joint venture between Korman Communities, Shorewood Real Estate Group and Prodigy Network has announced that it has acquired the building at 84 William Street in Downtown Manhattan.

Toll Brothers Announces Agreement to Purchase Shapell Homes; Acquisition Will Significantly Expand Toll’s California Presen

Toll Brothers Inc. and Shapell Industries Inc. announced that they have entered into a definitive purchase agreement under which Toll Brothers will acquire the home building business of Shapell in a stock acquisition for approximately $1.60 billion in cash.

Pennrose Completes The Gateway at Summerset

The final phase of construction is complete at The Gateway at Summerset, a high-end apartment community in the Squirrel Hill neighborhood of Pittsburgh.

Arbor Appoints Kevin Hern as Vice President

Arbor Commercial Mortgage LLC announced the appointment of Kevin Hern as vice president.

WinnResidential NYC Hands Out 20,000 Pounds of Produce in the Bronx

Recently, 21 employees from WinnResidential’s NYC office joined volunteers from New York Cares and NYSE Euronext to participate in the City Harvest “Mobile Market.”

50 United Nations Plaza Unveils 88 Luxury Condos

Zeckendorf Development and Global Holdings held a sales launch event for 50 United Nations Plaza to unveil the views and prices of 88 condominiums across from the United Nations HQ, geared towards the luxury client.