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NJ rental property trades for $43M
08
Woodmont Properties has sold a newly constructed apartment property in Jersey’s Bayside Cove neighborhood for $43.5 million. Gebroe-Hammer Associates announced
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Celebrating the best of New York City real estate
08
Last week, we held our 121st Annual Banquet at the New York Hilton Midtown, sponsored by FTI Consulting and Xceligent. We were proud to welcome more than
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HFZ funds fintech venture upturning security deposits
08
Obligo Inc., a financial technology company serving the real estate market, has completed a $5 million financing round. Obligo has developed a new financial
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Alloy cuts off the gas for all-electric Flatbush tower
08
100 Flatbush will be the first all electric building in the city. Alloy Development announced that 100 Flatbush, the first tower of its planned 80 Flatbush
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Colliers brokers trade of NJ retail complex
06
Colliers International announced it has arranged the sale of Lenox Plaza, a 50,000 s/f retail complex located in Woodland Park, New Jersey.
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Hampshire JV pays $31M for NJ shopping center
08
Hampshire US REIT (UHREIT) and joint venture partner MCB Real Estate has acquired Lawnside Commons, a 151,076 s/f shopping center at 310 White Horse Pike
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Multifamily finance non-profit announces plan to go carbon neutral
07
The Community Preservation Corporation (CPC), a nonprofit affordable housing and community revitalization finance company, has committed to attaining carbon
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Real estate industry bulks up green team
07
The city’s new Climate Advisory Board is weighted with experts from the real estate industry. Empire State Realty trust boss Tony Malkin as well
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Enterprise updates standards for affordable green building
08
Enterprise Community Partners has launched the 2020 Enterprise Green Communities Criteria, which set the standard for green affordable housing construction nationwide.
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One million construction workers axed in April
08
Construction employment declined by 975,000 jobs in April as a new survey by the Associated General Contractors of America and data from construction technology
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Cuomo extends eviction moratorium, promises help for landlords
09
Governor Andrew Cuomo has extended New York’s eviction moratorium through August 20 and promised he is “working on relief” for landlords.
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Landlords kicked when they’re down, says RSA
07
New York’s biggest rent regulated landlord group has accused the city of using the ongoing pandemic crisis as an excuse to kick them when they’re down.