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REAL ESTATE
What are North Jersey's priciest ZIP codes? Here are the top five
For $22.5 million, you could buy Nascar legend Tony Stewart's 415-acre Hidden Hollow Ranch in Indiana, completed with a 8,700-gallon, two-story freshwater aquarium; a 1,500-gallon stream filled with a koi fish; a waterfall; and two separate buildings on the property for a guest house and a workshop. Or, for the...
Inside the late Ivana Trump's opulent Versailles-inspired Upper East Side townhouse on the market for $19.5 million
Donald Trump's ex-wife Ivana Trump was known for her glamorous life and so it is no surprise that her Upper East Side townhouse, on the market for $19.5 million, is just as opulent and grand. See inside the home here...
Refusal To Expand Housing Opportunities Renders Four Of The Five Rockland County Towns Ineligible For State Funding
Only Ramapo, And Villages Of Haverstraw, Nyack & Kaser On Path To Participate In State’s Pro-Housing Community Program. For years, the Town of Clarkstown has been seeking millions of dollars in New York State grants, including money from the Downtown Revitalization Initiative (DRI), for its stalled Transit Oriented Development project in Nanuet.
Garden Communities Announces The Jefferson in Hackensack is Approaching Lease-Up
The third and final phase of The Jefferson in Uptown Hackensack has achieved full lease-up, according to developer Garden Communities. One of the largest new-construction offerings in its revitalized city, the community includes 377 luxury rental residences featuring oversized layouts, resort-style indoor and outdoor amenities, and a commuter-friendly address with a host of neighborhood conveniences.
Phase Two Of Starhill Affordable Housing Complex Breaks Ground At 1600 Grand Avenue In Morris Heights, The Bronx
Services for the UnderServed and Bronx Pro Group recently celebrated the groundbreaking for phase two of Starhill, an affordable housing project at 1600 Grand Avenue in Morris Heights, The Bronx. The project will add 244 affordable apartments to the property, with 74 of which designated as supportive housing for formerly homeless individuals and families. On-site supportive care services will be provided by Services for the UnderServed. The project was designed by Marvel Architects.
Alpine, Fields Grade adding four new eateries to Bergen-Lafayette rental portfolio in Jersey City
Starling at 66 Monitor St. in Jersey City — Courtesy: Alpine Residential/Fields Grade. The developers of several apartment buildings in Jersey City’s growing Bergen-Lafayette neighborhood are welcoming four new dining options to the portfolio. According to the firms, Alpine Residential and Fields Grade, the additions include a breakfast...
Armani-branded condos snag Manhattan’s priciest contract
The Giorgio Armani Residences once again nabbed the top spot in Manhattan’s luxury market, marking the fourth time the branded condo has landed a top deal this year. The penthouse at 760 Madison Avenue, asking $32.5 million, was the most expensive of 20 homes asking $4 million or more to find buyers last week, according to Olshan Realty’s weekly report.
Urban Square Obtains Construction Debt for Jersey City Multifamily
JLL Capital Markets secured $13.1 million in construction financing for the development of Vroom Street Apartments, a 42-unit mid-rise luxury apartment building to be located at 72-76 Vroom St. in the Journal Square submarket of Jersey City. A JLL team led by director Max Custer and associate Salvatore Buzzerio represented the borrower, Urban Square Properties, to secure the two-year loan through First Bank.
IPA Arranges $50M Refi on Newly Renovated SoHo Mixed-Use
IPA Capital Markets, a division of Marcus & Millichap specializing in capital markets services for major private and institutional clients, closed the $50-million refinancing of a newly renovated, Class A mixed-use office and retail property located at 580 Broadway in Manhattan’s SoHo neighborhood. Matthew Polci, Steven Buchwald and Rachael Krawiecki secured the financing for the property.
SL Green Reaches Sellout at Giorgio Armani Residences
SL Green Realty Corp. announced the sellout of the exclusive Giorgio Armani Residences on Manhattan’s Upper East Side. All 10 residential units within the luxury condominium project are now under contract for gross consideration totaling $168.2 million. The sales are expected to close in the fourth quarter of 2024.
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