Northeast

Philadelphia Office Skyscraper is Now Luxury Condo

Aria, a condominium project on 1425 Locust St. in Philadelphia, was the city’s first high-rise office tower, formerly known as the Lewis Tower Building. I

Darren M. Wolberg Joins KeyBank Capital Markets as Head of Mortgage Trading

Darren M. Wolberg has joined KeyBanc Capital Markets Inc. as head of mortgage trading, based in New York City.

For Rent Media Solutions Promotes Wendy Froehlich to AVP of Marketing

For Rent Media Solutions a division of Dominion Enterprises, recently promoted Wendy Froehlich to assistant vice president of marketing.

NY Condo Buyers Seeking an Out Lose ILSA Case

In a case of first impression in New York–that is, a matter of law that the New York courts haven’t considered before–Judge Denise Cote of the Southern District of New York has ruled against the plaintiffs, two condo buyers, in a lawsuit involving the Interstate Land Sales Full Disclosure Act (ILSA).

Fairfax County, Va. Honors Home Properties for Commitment to ‘Green’ Construction

The Fairfax County Department of Public Works and Environmental Services has presented a Land Conservation Award to the newly constructed apartment community, The Courts at Huntington Station in Alexandria, Va., owned by Home Properties, Inc.

U.S. Energy Group’s iPhone App Allows Easy Control for Property Managers

The U.S. Energy Group has released USE-Mobile, providing property managers with the ability to control their buildings with their mobile devices, including iPhones, Blackberrys and other smart phones.

2011 Budget Proposal Is Good With Regards to Housing

Clare Duncan, policy associate at the NHC, explains how the funding for HUD will go toward achieving some of its key goals.

RCA Acquires Real Estate Econometrics

Real Capital Analytics has acquired Real Estate Econometrics, bringing that company’s founder, Sam Chandan, on board as RCA’s global chief economist and executive vice president, and a member of RCA’s management committee. Chandan holds a Ph.D. in applied economics from the Wharton School of the University of Pennsylvania, where he currently serves as adjunct professor of real estate.

First Smoke-Free Rental Community in N.J.; Good for Health As Well As Turnover Costs

The second phase of Alexan CityView, a Trammell Crow Residential apartment community on the Peninsula at Bayonne Harbor, N.J. is designed to be 100 percent smoke-free. It is the first of its kind in New Jersey and nearly unheard of in the New York Metropolitan marketplace.

New LEED Credential Expands to Canada

The Green Building Certification Institute, which provides third-party confirmation of LEED building certification and LEED professional credentialing, has launched the LEED Green Associate (Tier I) credential in Canada. According to the Green Building Certification Institute, the new credential–launched only in 2009–is its fastest growing, having been earned by about 4,500 people worldwide already.