Passaic
REAL ESTATE
Cervelli: Tenants wanted for ground-floor, rooftop commercial space at Passaic loft project
135 South St. in Passaic — Courtesy: Cervelli Real Estate and Property Management. The owner of a loft-style apartment building in Passaic has tapped Cervelli Real Estate and Property Management as its leasing team for the property’s commercial space. The brokerage firm said the offering at 135 South...
JLL Closed the Sale of a 226-unit Apartment Complex Avalon Hackensack at Riverside in New Jersey
JLL Capital Markets announced the sale of Avalon Hackensack at Riverside, a multifamily community containing 226 apartment homes located at 414 Hackensack Avenue in Hackensack, New Jersey. JLL worked on behalf of the seller. Residents also enjoy a variety of community features including a swimming pool with grilling area, resident...
How to buy an apartment in NYC for less than $13,000 (yes, this is legit)
If you’re looking for a long-term and affordable place to call home, a new housing lottery is giving New Yorkers the chance to buy a co-op apartment well below market rate: Clayton Apartments in Harlem. Studio to three-bedroom apartments will cost between $12,615 and $29,367. Prices are so low...
Jersey City launches affordable housing lottery portal
Jersey City Mayor Steven Fulop has partnered with the Department of Housing, Economic Development, and Commerce and the Division of Affordable Housing to launch an affordable housing lottery portal, offering low- and medium-income households the opportunity to search and apply for affordable housing in Jersey City.
Homeownership a Possibility for Immigrant Families Who Sued Bay Ridge Landlord
A group of 20 immigrant families who faced eviction after being defrauded of millions of dollars by their landlord are now on the path to homeownership after a nonprofit affordable housing developer stepped in to purchase the building. Residents of 345 Ovington Avenue paid over $5 million to developer Xi...
Listed for $3.7M, Bauhaus-inspired mansion in Montclair feels like a 'tree house'
Tucked among the grand and historic homes that line Montclair's South Mountain Avenue is a modern mansion with sleek lines and seamless functionality that stands out from the rest. On the market for $3.7 million, the home at 251 South Mountain Ave. was created by AIA architect Barry Jay Kaplan and designed by Satomi Yoshida-Katz of Yoshida+Zanon Design Atrium. The style of the home was inspired by Bauhaus, a style of German design that uses geometric shapes...
Building of the Day: 7 Everit Street
Brooklyn, one building at a time. Name: Former stable, warehouse, now residential Address: 7 Everit Street Cross Streets: Old Fulton Street and Doughty Street Neighborhood: Fulton Ferry/Dumbo Year Built: Perhaps as early as 1850 Architectural Style: Mid-19th century stable, with modern alterations Architect: Unknown Landmarked: Yes, part of Fulton Ferry Historic District (1977) The story:…
Tips to organize your home for sale
NEW YORK (PIX11) – As interest rates remain high, it only gets harder to sell your home or apartment. Lisa Simonsen, a luxury real estate expert joins New York Living to share some tips on how to organize your home to make it stand out in this dour housing market.
Chatham Residents 'Workshop' Options for River Road/Watchung Redevelopment that is Coming with Affordable Housing Agreement
CHATHAM, NJ -- Chatham residents who complained about the 245-unit Ivy apartments at the corner of River Road and Watchung Avenue after the plans were set, are getting a second chance to have their say about redevelopment in the same neighborhood. Chatham residents rolled up their sleeves and broke into three groups on Thursday night, discussing and writing down their priorities for redevelopment in what is known as the "Gateway" zoning area at a public workshop coordinated by Chatham's redevelopment planner Fran Reiner at Borough Hall.CLICK HERE TO SIGN UP FOR THE FREE TAPINTO.NET NEWSLETTER Reiner went over the public...
Newark Earns $4M Federal Grant for Affordable Housing
The city of Newark has been awarded $4 million as part of a federal grant program for advancing affordable housing. The funding is part of the Biden administration’s PRO Housing innovation program, which selected Newark as one of 21 communities out of 175 applicants. The city plans to use...
Housing lottery launches for 30 rent-stabilized apartments in Manhattan’s Garment District
Housing lottery applications are open for 30 rent-stabilized apartments at a new development in the Garment District in Midtown Manhattan. New Yorkers who earn $31,612 to $218,010 are eligible to apply, depending on the size of the household. Rents start at $823 for a studio. The doorman building at 341...
New amenities debut at 336-unit Jersey City project by Fields Grade, Ursa Development
The Devan at 3 New York Ave. in Jersey City — Courtesy: CoStar Group Inc. The developers of a new 336-unit apartment building at the border of Jersey City and Hoboken have debuted a series of indoor and outdoor amenities at the upscale property. The partners, Fields Grade and...
Goldman Sachs Provides $97M in Construction Financing for Harlem MF Building
Elie Fouerti’s Fouerti Realty has secured $97 million in construction financing for a 209-unit residential development in East Harlem, New York. The deal, first reported by PincusCO, involves a $78.9 million senior loan and an $18 million subordinate loan from Goldman Sachs. The new building, located at 205 East...
Developers of 477-unit West Side Square project in Jersey City ink $169 million financing deal
The development known as West Side Square is slated to bring 477 apartments and retail space to a site at the corner of Broadway and West Side Avenue in Jersey City, with completion slated for 2026. — Courtesy: West Side Square Development Fund. A development group has landed more...
You can own Uncle Junior’s house from The Sopranos
You can officially own a piece of TV history, for a cool $579,000: the Newark property that served as the home of The Sopranos character Corrado John Soprano Jr., better known as Uncle Junior (Dominic Chianese), has hit the market. Though the show sets the abode in the New Jersey township of Belleville, the real-life house is actually located at 380 Highland Avenue in the Forest Hill neighborhood of downtown Newark.
NYC budget deal includes new $2B housing investment, reverses all library cuts: sources
Mayor Adams and Council Speaker Adrienne Adams are expected to announce a deal on a city government budget Friday that averts various cuts pushed by the mayor — including to libraries — and allocates a fresh $2 billion in spending on affordable and public housing, the Daily News has learned. The capital housing allocation is expected to bankroll programs focused on both preserving and creating ...
Shortage Predates the Pandemic
According to a new report from Construction Coverage, a website that compares construction software and insurance, the current housing shortage—which is now estimated to be between 4 million and 7 million homes—can trace its beginnings to long before the COVID-19 pandemic. In the 10 years following the Great Recession, the United States constructed fewer new homes than in any other decade since the 1960s.
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