Northeast
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.
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.