Category : Residential

New York, New Jersey emerge as foreclosure leaders
FeaturedResidential

New York, New Jersey emerge as foreclosure leaders

REW
by REW1352
By Orlando Lee Rodriguez After years of being insulated from the distressed property crisis facing the single-family asset class, the New York City region now has one of the country’s highest foreclosure rates.
Residential

Mack-Cali starts construction on first new apartment development

REW Staff
by REW Staff874
Mack-Cali Realty Corporation broke ground last week on its first new-construction residential project since acquiring multi-family developer Roseland in October, 2012. Executives from Mack-Cali and its Roseland subsidiary joined Weehawken, NJ, Mayor Richard Turner and officials from the Township of Weehawken and Hudson County to start construction on RiverParc at Port Imperial, a 280-unit luxury rental building on the Hudson Riverfront.
Residential

Veracity sells out Queens development

REW Staff
by REW Staff562
Veracity Development, a NoLita based firm located at 199 Lafayette Street, has sold all 45 units of its 3830 Parsons Boulevard property. This 38,000 s/f, ground-up construction includes luxury residential units and medical offices.  Amenities comprise a lobby concierge service, a common rooftop, and an on-premise attended parking garage; to...
Photo GalleryResidential

REBNY Roundtable tackles residential challenges

REW Staff
by REW Staff641
The Real Estate Board of New York’s (REBNY’s) Annual Breakfast Roundtable Discussion hosted by the Downtown Committee on Friday, June 14 drew in residential real estate professionals eager for insight and tips on navigating the challenges of today’s real estate market. Residential experts including brokers, appraisers and mortgage bankers shared...
Residential

Mary-Louise Parker sells Village co-op

REW Staff
by REW Staff1190
Weeds actress Mary-Louise Parker has sold her Village co-op for $7.45 million. Corcoran agent Laura Rozos brought the five-bedroom, 4.5 bath, pre-war duplex at 32 Washington Square to market in March listed at $6.99 million,
FeaturedResidential

NoMad condo earns star among World’s Most Famous neighbors

REW
by REW1018
Sandwiched between the Village and Midtown, Madison Square would naturally seem like an investment no-brainer, but landmarking of the area has made new development difficult to achieve. Enter 241 Fifth Avenue, one of the only new developments to go up within the Madison Square North Historic District.
Residential

Who’s who

REW Staff
by REW Staff808
Brown Harris Stevens Nicholas Palance named to a new role, BOND makes new hire, Alex Cho joins Citi Habitats
Residential

New Development

REW Staff
by REW Staff767
● ny lions group / craig axelrod Speed reading at The Bindery Modern Spaces announced that The Bindery in Long Island City is half sold two months after opening. The 20-unit building, scheduled to be completed June, hit the market in early spring and sold one of the homes at...
Construction & DesignFeaturedResidential

Mack-Cali announces newest Gold Coast apartment building

REW Staff
by REW Staff628
Mack-Cali Realty and its subsidiary, Roseland, are set to break ground on a new 280-unit luxury rental unit on Jersey’s Gold Coast. The developer will be joined by officials from the Township of Weehawken next Wednesday for a ceremonial dirt-digging for what’s being called RiverParc. The $100 million building will be the latest addition to the Port Imperial mixed-use master planned development which spans more than two-and-a-half miles of waterfront property facing Midtown Manhattan.
Residents follow business on migration to Manhattan south
Deals & DealmakersFeaturedResidential

Residents follow business on migration to Manhattan south

REW
by REW1135
The movement of New Yorkers choosing to live below 23rd Street continues to trend upward, even as vacancy rates edge lower and rents particularly for larger units, move toward record-high levels. With newer tech companies and start-ups concentrated from Chelsea/Flatiron area south through Union Square to SoHo, rents are following the trend of demand steaming from workers looking to walk to their jobs. “I think Silicon Alley is a significant force,” said Jonathan Miller, president of Miller Samuel Inc. SoHo and Tribeca lead in median rents at $5,245 a month. Wall Street and Battery Park City come in second at $3,600 per month.