Northeast
CetraRuddy Wins Residential Architect Magazine Award for One Madison Park
New York–CetraRuddy was recently honored with a Multi-Family Grand Award for its design of One Madison Park, a 50-story high-rise sheathed in clear and white glass.
The Avenue at South Orange Wins NJBA’s Rental Community of the Year
South Orange, N.J.–The Avenue at South Orange, a 79-residence luxury community, has been recognized for its high-end amenities, design touches and ideal location.
Ground Breaking for New 9/11 Memorial in N.J.
Weehawken, N.J.–Weehawken Mayor Richard Turner is leading officials from the Port Authority, Port Imperial Master Developer Roseland Property Company and other dignitaries today in ground-breaking ceremonies for a new 9/11 memorial to be built along the Hudson River in Weehawken.
New York City Residential Market Sees Positive Signs, But Multifamily Foreclosures Increased, Says Report
New York–Like anywhere else, New York has suffered the slings and arrows of the recession and housing slump, but according to the latest report by the Furman Center for Real Estate & Urban Policy, some positive signs emerged last year.
AKA Flexible-Stay Apartment Properties to Get $10M Makeover
New York–Korman Communities, owner of the AKA portfolio of flexible-stay apartments, is submitting four of its properties to upgrades at a total cost of $10 million.
Extell’s Riverside Center on Track for Late 2010s Completion
New York–The 3 million square-foot mixed-use Riverside Center is on track, and will include 2,500 apartment units and a 250-room hotel.
Phoenix, Orbach Form JV to Own Midtown Manhattan MF
New York–Phoenix Realty Group and the Orbach Group have formed a partnership that has acquired an interest in a 13-building residential portfolio on West 49th Street in Manhattan.
Historic Property in Maine to Become Affordable Seniors Housing
Lewiston, Maine–After having been vacant for about six years, the historic 81 Ash St. in Lewiston will be converted into an affordable 32-unit multifamily residence for seniors.
Boston Green Lights 385-Unit Apartment Project
Boston–Development of The Kensington has taken a big step forward with the Boston Redevelopment Authority signing off on plans for the $172 million project.
Griffin Court Condo Helps Drive Transformation of Hell’s Kitchen
New York–Griffin Court Condominium are helping Hell’s Kitchen become an increasingly artistic and coveted neighborhood in Manhattan.