Northeast
Silverstone Buys Manhattan Mixed-Use Properties for $71M
Silverstone Property Group has bought seven contiguous buildings in the Kips Bay section of Manhattan for $71.5 million that form a mixed-use package of residential and retail space.
President Jan Berman Elected to Green Light New York Board of Directors
Jan Berman, president of MechoSystems, has been elected to the Board of Directors of Green Light New York (GLNY). His nomination was unanimously approved.
Construction Begins on Three-Way JV Partnership Community in Rahway, N.J.
Construction has commenced on a 116-unit Sterling Properties, AST Development and Hearstone Development joint venture community in the heart of Rahway’s Arts and Central Business District.
WinnDevelopment Completes Rehab of Huntington Woods
The rehabilitation of Huntington Woods, a 280-unit, mixed-use apartment community in Bristol, Conn., is complete
Avesta Housing’s Pearl Place II Achieves LEED Platinum Certification
Avesta Housing, with the help of Thornton Tomasetti Inc., has achieved LEED Platinum certification from the U.S. Green Building Council for its Pearl Place II community in Portland, Maine’s Bayside neighborhood.
Mack Real Estate Group Begins Leasing Luxury Apartments in NYC’s Williamsburg
Mack Real Estate Group has launched leasing at 50 North 5th, a seven-story, 229-unit luxury rental property in Williamsburg’s sought-after Northside, with aptsandlofts.com serving as its exclusive marketing and leasing agent.
CPC Oversees $10M Construction Loan for Affordable Community
Westchester County real estate developer Ken Kearney and Rehabilitation Support Services Inc. have obtained a $10.5 million construction loan to build Highridge Gardens, a multifamily development in Poughkeepsie.
The Solomon Organization Acquires Harrisburg Multifamily Property
An affiliate of the Solomon Organization has acquired Ivy Ridge Apartments and Townhomes, a 218-unit rental community in Swatara Tonwship, Pa.
The Lightstone Group’s Gantry Park Landing More Than 50 Percent Leased
New York-based aptsandlofts.com has leased more than 50 percent of The Lighthouse Group’s Gantry Park Landing community, which has been on the market for a little more than 10 weeks.
BNE Real Estate Group Opens Luxury Apartments in Fort Lee, N.J.
BNE Real Estate Group has finished development on Twenty50, a luxury rental building in Fort Lee, N.J., which overlooks the George Washington Bridge, Hudson River and New York City skyline.