Northeast
Townhome Community Sees Increase in Prices, Sales in 2010
Barnegat, N.J.–Whispering Hills, an 85-acre multifamily community in Barnegat, N.J., is now 45 percent sold.
Tax Expert, Capitol Hill Veteran Matthew Berger Joins NMHC Lobbying Team
Washington, D.C.–Matthew M. Berger has been named vice president of tax for the National Multi Housing Council (NMHC). Berger will have principal responsibility for federal tax legislation as part of the Joint Legislative Program of NMHC and the National Apartment Association (NAA). Berger brings extensive public and private sector experience to the position. Most recently, he served as economist and press secretary for the U.S. Senate Committee on small business and entrepreneurship, where he was Senator Olympia Snowe’s principal advisor on taxes, the economy and the federal budget. Prior to that he was National Tax Manager for Deloitte Tax LLP in Washington,…
Harlem Affordable Housing Development Uses CPC Loan for Green Retrofit Program
The retrofit project should be completed within a year, but could take less time.
Mary Alex Blanton Receives NCB’s 2010 Spirit of Cooperation Award
Washington, D.C.–NCB has named Mary Alex Blanton as the 2010 recipient of NCB Spirit of Cooperation Award. The honor was presented to Mary Alex at the Bank’s annual meeting held at The Ronald Reagan Building and International Trade Center in Washington, D.C. “Blanton’s contributions to the bank and the cooperative community for over a decade are countless,” says Charles Snyder, president and CEO of National Cooperative Bank. “She has played an instrumental role in the development and marketing of numerous new products, most recently the National Credit Union Foundation deposit program and Mission Deposits, which provide beneficial banking options for…
The Bozzuto Group Opens Doors to New Pennsylvania Apartment Development
Wyomissing Square is a new, mixed-use development.
First Large Scale Residential Installation of Fuel Cell in the World Takes Place in New Haven
The fuel cell will provide combustion-free power to the 500 residential units.
National Housing Trust and Enterprise Announce New Green Preservation Loan Product
A new lending program from Enterprise and the National Housing Trust Community Development Fund has been launched, which will provide nonprofit owners and developers capital to jump-start green retrofits of affordable rental communities.
Jersey City Condo Conversion of 150-Year-Old Factory Wins Preservation Award
The Jersey City Landmarks Conservancy has selected the Residences at Dixon Mills, a condo conversion in downtown Jersey City, to receive its 2010 Excellence in Preservation award.
Occupancies Down For Seniors Housing, But Not For Long
Occupancy rates for seniors housing fell in the first quarter of 2010, while rent growth continued during the same period, albeit at a slower pace than in the previous two years.
Jersey City’s Trump Plaza Residences Reaches 55 percent Sales Level
Trump Plaza Residences Jersey City has reached the 55 percent sales level, with 16 residences sold in March and April.