Hillside
REAL ESTATE
Million-Dollar Listing: $1M Montclair Mansion Has Private Balcony, Gardens With Gazebo
The Colonial home at 5 Franklin Pl. has 5 bedrooms, 5 bathrooms, and is "20 years young," reads the listing. Represented by Elizabeth Morris & Vikram Vasisht of The Liz + Vikram Team, the house introduces itself with a circular driveway, and has a main level with a double height foyer.
Pool Was Selling Point For Bergen County Home That Went For $159K Over Asking Price
A Bergen County home with a lemonade porch and a picture-perfect pool sold for nearly $160,000 over asking price.The home at 228 Miller Road in Mahwah was listed in early April at $669,000 by Tony Nabhan of Keller Williams City Views Realty.On Friday, June 28, it sold for $858,000.A spokesperson fo…
Jazz-Era East Flatbush House With Fireplace, Garage Asks $930K
It has a modest exterior, but this East Flatbush semi-detached house appears move-in ready with a renovated interior and updated mechanicals. There is also a garage and a shared driveway. The wood-frame dwelling at 3316 Farragut Road is one of two matching sets of semi-detached houses with simple details, including...
Houses to be built on Hurricane Sandy-ravaged lots will be affordable for ‘firefighters, EMTs, nurses’
STATEN ISLAND, N.Y. — City officials visited Staten Island Tuesday to discuss a project set to transform lots ravaged by Hurricane Sandy into 23 new housing units. Those units will be spread across Midland Beach and South Beach in seven single-family and eight two-family homes, which will be sold to buyers at 80%-100% of the area median income or those who make about $111,000 to $150,000 annually, Stephen Erdman, the executive director of home ownership and shared equity at the New York City Department of Housing Preservation and Development (HPD).
Home offering 'luxury Italian living' listed for $4.95 million in this Bergen County town
North Jersey is known for having luxury homes inspired by styles all over the world, so it seems fitting that one of the most luxurious Italian-style estates currently on the market is located right here in Bergen County. Boasting more than 15,000-square-feet on 2.5 acres along the Hackensack River, the...
Affordable Housing Lottery Launched in New York City; Multiple Apartments Up for Lease under NYC Housing Connect
A new residential building in Bedford-Stuyvesant, Brooklyn, offers affordable housing options through a lottery system. The structure, consisting of 33 residences, was designed by Adam R. Taddonio and developed by Isaac Broyn under the 952 Bedford LLC. There are ten units available on NYC Housing Connect for residents with incomes...
Journal Square Resurgence Continues as Developers, Jersey City Officials Break Ground on Ambitous New Project
JERSEY CITY, NJ - With the backdrop of numerous pieces of earth moving equipment and the looming towers near the Journal Square transportation hub, Nasser Freres, along with numerous city and other officials, broke ground on a 28-story tower comprising 622 rental homes, as well as commercial and retail space last week. The new mixed-use development in Jersey City marks the beginning of a $300+ million project set to deliver in-demand residential, commercial, and retail space to the heart of the historic and well-connected Journal Square neighborhood.CLICK HERE TO SIGN UP FOR THE FREE TAPINTO.NET NEWSLETTER Rising at...
See all homes sold in Morris County, June 24 to June 30
The following is a listing of all home transfers in Morris County reported from June 24 to June 30. There were 159 transactions posted during this time. During this period, the median sale for the area was a 2,577-square-foot home on River Road in Montville that sold for $675,000. Budd...
See all homes sold in Essex County, June 24 to June 30
The following is a listing of all home transfers in Essex County reported from June 24 to June 30. There were 354 transactions posted during this time. During this period, the median sale for the area was a 1,531-square-foot home on Hawthorne Avenue in Glen Ridge that sold for $625,000.
Eight Homes Proposed for Former Mega Mansion ‘Lloyd Estate’
There was a previous plan to build a 60,000 square foot mega mansion in Montclair that would be bigger than the White House. Now, a new plan for the 5.48 acre site situated on Undercliff and Lloyd Roads along Eagle Rock Reservation proposes something different – eight new homes.
Manhattan is now a ‘buyer's market' as real estate prices fall and inventory rises
Manhattan home price declines are a result of rising inventory of apartments for sale, which are also taking longer to sell. The gap between buyer and seller expectations is narrowing, and more deals are closing. High rents in Manhattan are also helping sales as many potential buyers who were waiting...
Silverstein takes control over Brooklyn Tower in $672M deal
The real estate drama surrounding the Brooklyn Tower may be over. As first reported by Pincus Co, Silverstein Properties has taken over the tower’s rental, retail, and unsold condo units from JDS Development in a $672 million deal. Silverstein had provided a $240 million loan for the tower, which JDS defaulted on in 2019, leading to a foreclosure auction scheduled for June 1. The auction was delayed and eventually avoided after Michael Stern of JDS transferred a preferred equity piece in the tower to Silverstein in order to restructure his debt, according to The Real Deal.
Luxury NYC Condo Spotlight: 5 Beekman Street Unit 44A – Now Available
In the heart of New York City’s vibrant Financial District, the condo at 5 Beekman Street Unit 44A epitomizes the pinnacle of urban living and luxury. This 2-bedroom, 2.5-bathroom high-rise corner unit, priced at $15,000 per month, offers an extraordinary blend of comfort, style, and high-end amenities, wrapped in breathtaking panoramic views of the city’s iconic skyline, historic bridges, and sprawling rivers.
Select cities see rise in apartment space
The average size of a new apartment has increased by 27 sq feet from the previous year, according to data from RentCafe. Yahoo Finance Reporter Dani Romero to break down which cities are seeing an increase in available apartments with larger spaces and why. For more expert insight and the...
Lower East Side rental opens lottery for 196 affordable apartments, from $454/month
Rendering courtesy of NYC Department of Housing Preservation and Development. A housing lottery launched this week for 196 affordable apartments in a new rental building on the Lower East Side. Located at 165 Broome Street, the 15-story building offers tenants new residences in one of New York City’s trendiest neighborhoods. New Yorkers earning 30, 50, 70, and 80 percent of the area median income, or between $18,480 for a single person and $154,080 for a household of seven, can apply for the units, which range from $454/month studios to $2,949/month for a three bedroom.
14,200 Affordable Housing Units Built in 2023: NYC Sees Largest Increase in Decades, Focusing on Underserved Communities!
Affordable Housing Surge in NYC Benefits Lower-Income Black and Latino Communities Calls for Accountability and Policy Reform Amid District Disparities in Housing Production According to THE LATIN TIMES, in a significant development for New York City‘s housing landscape the construction of affordable housing saw a notable increase last year marking the highest levels in decades. […]
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