Northeast

Monmouth County Apartment Development Under Way

Sterling Properties and AST Development Corp. have broken ground on Verdana Howell, a 220-unit apartment building in Howell, a town in Monmouth County in central New Jersey.

Interest Shown in New Staten Island Luxury Building

A new luxury building, called The Pointe, on the North Shore of Staten Island, N.Y., has already attracted a lot of attention among buyers.

Manhattan Multifamily Sees Price Increases

According to Brown Harris Stevens’ first quarter 2012 Manhattan Residential Market Report, the average Manhattan apartment sale price was about $1.483 million, up 9 percent from the same period in 2011.

How to Minimize Property Damage in the Event of a Wildfire

As summer approaches and the temperatures go up, it is important for multifamily owners and property managers to protect their buildings from wildfires.

CIS to Redevelop Distressed Apartments into Affordable Units

Community Investment Strategies has partnered with the township of North Brunswick to redevelop the distressed Oak Leaf Village Apartments into 183 new affordable apartment rental units.

Multifamily Had the Most Sizzle in Brooklyn CRE in 2011

Like in much of the rest of the country, Brooklyn has excited the interest of investors on the hunt for multifamily properties.

New Manhattan Apartments Feature Souped-up Daylighting Glass

A New York apartment building is the world’s first large residential project to use a combination of glass fiber veils that act as a controlled light diffuser.

River Park Estates Benefits from Procida Funding's 100 Mile Fund

The developer of River Park Estates, a 10-unit town home development in North Bergen, N.J., has obtained a $3.5 million bridge loan to permit completion of the project.

Half of Condominiums Now Sold at The Story House in Manhattan

The Story House, a boutique condominium located in Manhattan’s Flatiron district, is preparing for its first closings this spring. As it does, developer Manhattan Skyline has announced that the property is now 50 percent sold.

Englewood, N.J., Condo Project Completed

The Pinnacle Cos. has completed work on The M at Englewood South, a condominium project in Bergen County.