Northeast
Rental Tower to Rise in Brooklyn
A new amenity-rich, 50-plus-story rental tower will be constructed in Brooklyn later this year.
Harlem Condos Successfully Selling
APEX Condominiums, a new luxury building in Harlem, N.Y., is 70 percent sold, according to RCG Longview, a real estate operating and investment management firm, and The Marketing Directors Inc., the marketing firm for the building.
First Westchester County Affordable Assisted Living Facility Opens
The Westchester Center for Independent & Assisted Living has opened in Yonkers as the first facility in Westchester County, N.Y., to offer an Medicaid-funded assisted living model of care to seniors, regardless of their income level.
Award-winning 40 Park Helping Transform Downtown Morristown
Four years ago, the former Epstein’s Department Store in downtown Morristown, N.J., was given new life as 40 Park, an upscale, mixed-use development featuring more than 200 luxury condominiums and rental residences.
Renters Show 'Tremendous Response' to Phase One at 25 Broad
Real estate investment and development company LCOR announced that Phase One at 25 Broad, comprising 209 of the planned 307 units, is 70 percent leased.
Manhattan Successfully Lures Renters to Luxury Buildings
The Continental, a new luxury building in New York, is already fully leased.
Study Links Troubled NYC Multifamily Housing and Risk of Deterioration of Nearby Buildings
A new study reveals that over-mortgaged and foreclosed multifamily buildings increase the risk of deterioration of nearby buildings and raise costs to New York City private owners.
According to Market Report, Long Island City, N.Y., is Thriving
Last year was a very good year for Long Island City, N.Y., which leveraged the rising rents in Manhattan and Brooklyn to attract many first-time residents.
Related Begins Renovation of N.J. Affordable Housing Property
Related Affordable is undertaking the renovation and preservation of 96 units of affordable housing in New Jersey.
Duplicative Façade Inspection Legislation Vetoed in New Jersey
N.J. governor Chris Christie vetoed controversial legislation that would require additional inspections of high-rise building facades and exteriors in New Jersey.