Northeast

Elizabeth Ann Stribling-Kivlan Named President of Stribling & Associates

Stribling & Associates has announced that Elizabeth Ann Stribling-Kivlan has been named president of the 32-year-old firm.

Pennrose Selected as Winner of the Philadelphia Business Journal and The Forum of Executive Women’s Inaugural Advancing Women Award

Pennrose, a real estate firm developing and managing multifamily communities for over 35 years, announced that the Philadelphia Business Journal and The Forum of Executive Women have selected the company as the local winner for the Inaugural Advancing Women Award.

Michaels Development and the Housing Authority Develop Affordable Housing Community in South Camden

Michaels Development has teamed with the U.S. Department of Housing and Urban Development to open Morgan Village, a new 40-unit rental townhouse community serving low- and moderate-income families in the Morgan Village neighborhood of South Camden.

Ken Uranowitz Named President of Gebroe-Hammer Associates

Ken Uranowitz has been named president of Livingston-based Gebroe-Hammer Associates, the region’s dominant commercial real estate brokerage firm, announced Chairman Alan Gebroe.

CPC Refinances Syracuse Apartment Community

The Community Preservation Corp. has provided a $5.48 million loan to refinance a mortgage on the Remington Gardens apartments in Syracuse.

Shimon Shkury Addresses Israel-America Chamber of Commerce in Tel Aviv

Shimon Shkuryy, president of Ariel Property Advisors, addressed about 200 attendees at the Israel-America Chamber of Commerce’s Third Annual Real Estate Seminar in Tel Aviv.

Co-Op City Gets $621M Refi

The long and storied history of Co-op City in the Bronx added another chapter recently when owner Riverbay Corp. and Wells Fargo closed on a deal to refinance the mortgage on the property to the tune of $621 million.

Red Capital Analytics Introduces the Industry’s First Comprehensive Suite of Price Indices for Commercial Real Estate

Real Capital Analytics (RCA) recently announced the launch of the RCA Commercial Property Price Indices (RCA CPPI).

Ground Broken on Hudson Yards, The Largest Undeveloped Property in Manhattan

Construction began today at Hudson Yards, formerly the largest undeveloped property in Manhattan. Related Companies and Oxford Property Group broke ground on the site, which, when completed, will feature retail space and 5,000 residences.

Post Brothers Incorporates VITA Technology to Enhance Worker Safety

In a move that sets it apart from other real estate and construction companies, Post Brothers Apartments recently announced it will implement the VITA Products Inc. Emergency Response Profile (ERP) Safety Platform for its workforce.