Northeast
HUD Puts Grant Money Behind New LEED Standard
Washington, D.C.–The goal of LEED-ND is to help reduce sprawl, decrease automobile dependence, encourage healthy living and protect threatened species.
Sheldon Good & Company to Auction Six New Jersey Apartment Buildings
New York–The assets are being sold as part of the Chapter 11 bankruptcy of select rental complexes.
Robbinsville Town Center Receives N.J. Future Smart Growth Award
Newark, N.J.–Building pedestrian-friendly communities in auto-centric New Jersey can be difficult.
Domino Sugar Refinery to be Redeveloped Into Affordable Housing
New York–The factory closed in 2004.
Recession Hasn’t Slowed Lower Manhattan’s Growth
New York–In 2009, total sales outpaced supply in this neighborhood.
John C. Santora Named CEO of Client Solutions at Cushman & Wakefield
New York–John C. Santora has been named chief executive officer, client solutions at Cushman & Wakefield. This is a new position overseeing one of the firm’s largest operating units. Santora, who has served as president and chief executive officer for the firm’s Americas region since mid-2008, had previously served as global chief operating officer. He is based in New York. “As we streamline our operations to emphasize quality and consistency of service on a global basis, Santora is uniquely qualified to drive our global corporate services business forward,” says Glenn Rufrano, Cushman & Wakefield’s president and chief executive officer. “Global…
Freddie Mac Rolls Out Latest $1B K Certificate Offering
McLean, Va.–K Certificates are multifamily mortgage-backed securities.
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.