River Vale
REAL ESTATE
Home Is Where The Heart Is For Luxury Paramus Builder
It's where her family laid their roots after immigrating to the United States from Turkey. It's where she attended grade school, where she spent summers while studying finance and international business at New York University. Malki only left Paramus in 2004 when she married her husband, and the two moved...
Changes to Real Estate Broker Compensation: It’s a New Ball Game
The National Association of REALTORS® (NAR) just made a significant move, settling lawsuits over real estate commissions by agreeing to pay $418 million and rolling out changes across the Multiple Listing Services (MLS) nationwide. While they’re not admitting to any wrongdoing, these changes will impact how both buyers and sellers approach the market.
Is This The Most Expensive Home In New Jersey?
If you live in New Jersey then you know the most expensive price tag for a home here has to be among the highest in the nation. Anywhere else in America, the reaction to the cost of a home might be mixed, but here in the Garden State we only have one reaction. And that is to drop our jaw in disbelief.
Sale of Hawthorne Property Paves Way for Upscale Catering Facility
About two years ago, Michael Pasqualini passed by the property at 6 Saw Mill River Rd. in Hawthorne and thought the site of the old Gasho of Japan restaurant would be an ideal location for his growing catering ventures. He hoped to buy the land but was told by its...
Affordable Housing in the Bronx: New Units Open for Lottery in New York City
There is a new opportunity for individuals to enter an affordable housing lottery for units in a recently built six-story building in the Bronx. The lottery is for apartments located at 285 East 163rd Street, just a short distance away from Yankee Stadium. The building offers a variety of 35...
First Tenants Move In At All-New Apartment Towers In Westchester
A new development boasting two residential towers in the downtown area of a Westchester County city has welcomed its first tenants. The first move-ins at 25 North Lex, a mixed-use residential community in downtown White Plains on North Lexington Avenue, were announced by developer Greystar on …
Two Clinton Park Boasts Extensive Amenities in New Rochelle
In late July, downtown New Rochelle officially welcomed a new addition. RXR, the master developer behind the transformation of the area, celebrated the grand opening of Two Clinton Park. It’s the newest and most luxurious residential tower in its portfolio with 390 state-of-the-art apartments and extensive amenities. RXR was...
Landlord Accused of Discriminating Against Voucher Holders Must Pay
A landlord with dozens of apartment buildings in Brooklyn and Upper Manhattan will have to pay back prospective tenants it illegally rejected because they sought to use government housing vouchers to help pay rent. Under an agreement with New York Attorney General Letitia James, the property owner and manager, Shamco Management Corp., will also have […] The post Landlord Accused of Discriminating Against Voucher Holders Must Pay appeared first on THE CITY - NYC News.
SCALE Lending Provides $75 Million Bridge Loan for 294-Unit Project in Little Ferry, Jersey
LITTLE FERRY, N.J. — SCALE Lending, the debt financing arm of Slate Property Group, has provided a $75 million bridge loan for a 294-unit project that is nearing completion in the New York City suburb of Little Ferry. Located at 110 Bergen Turnpike, the asset is expected to receive its temporary certificate of occupancy during the current quarter. The property will also feature 8,356 square feet of retail space.
Manhattan-style luxury in Westchester: Inside one of New Ro's priciest apartment buildings
An on-site Tesla, rentable e-scooters, valet parking and a private library — how's that for amenities? With rents ranging from $2,000 to $8,000, Two Clinton Park is chock full of added value for renters, and is perhaps the most expensive apartment building in New Rochelle. ...
A Manhattan Office Tower Just Sold at a 97.5% Discount
A Midtown Manhattan office property recently sold in an unusual online auction at a 97.5 percent discount, a stark sign of the times in a struggling office sector. The 23-story glass building at 135 West 50th Street sold for $332 million in 2006, and it recently changed hands again in the auction at a mere $8.5 million.
The Bronx heats up: Developers digging deeper in Mott Haven and Fordham
The Bronx is having a big week on the development front. Arian Liton filed plans for a 99-unit mixed-use project at 36 Bruckner Boulevard in Mott Haven, Crain’s reported. The plans call for a 10-story, 81,000-square-foot building with retail and community facility space on the ground floor, as well as 20 parking spots.
Affordable housing lottery opens near Yankee Stadium
THE BRONX, N.Y. (PIX11) — A new affordable housing lottery has opened for units in a newly constructed six-story building in the Bronx. The lottery is for 285 East 163rd Street Apartments, a few blocks from Yankee Stadium. The building has 35 available units, including one-bedroom and two-bedroom apartments. Some of the building’s amenities include […]
See all homes sold in Fort Lee, Aug. 12 to Aug. 18
The following is a listing of all home transfers in Fort Lee reported from Aug. 12 to Aug. 18. There were 2 transactions posted during this time. During this period, the median sale for the area was a 917-square-foot home on Old Palisade Road in Fort Lee that sold for $465,000.
Plaza District office slated for demolition
Office conversions have been a buzzy topic since the start of the pandemic, but some building owners find it easier to tear down their properties and start anew. Williams Equities filed plans to raze the 24-story office property at 655 Madison Avenue in Midtown Manhattan, Crain’s reported. The landlord appears to co-own the 200,000-square-foot property with Jamestown.
Luxury rental near Fordham University opens lottery for 50 apartments, from $2,200/month
Rendering courtesy of the NYC Department of Housing Preservation and Development. A housing lottery has opened for 50 mixed-income apartments at a new luxury rental near Fordham University in the Bronx. Located at 4720 3rd Avenue in Belmont, the Arabella offers residents brand-new units and modern amenities, all in a prime location. New Yorkers earning 80 and 130 percent of the area median income can apply for the units, priced from $2,206/month for one-bedroom apartments to $3,950/month for three bedrooms.
Work Nears Completion On 27-Story Apartment Tower In Westchester
The superstructure of a 27-story luxury apartment tower located in the downtown area of a Westchester County city has been completed. The topping off of 33 Westchester Place in downtown New Rochelle, a tower that will contain 315 luxury apartments, was held on Monday, Aug. 19, accord…
Montclair Planning Board Tackles Affordable Housing Issues
MONTCLAIR, NJ - The Montclair Planning Board’s August 19 meeting seemed at time to give viewers at home (there was practically no one attending in person) a sense of déjà vu, the sense that they had lived through this very meeting before. The primary topic of the meeting was affordable housing, and as it turned out once the meeting got started in earnest, Planning Director Janice Talley simply repeated her presentation from a Township Council meeting held three weeks earlier. So even though it was an old hat for Mayor Renée Baskerville and Councilor-at-Large Carmel Loughman, the...
NYC Offers $174,000 West Side Co-Ops Close To Central Park
New York City is planning to sell apartments on the Upper West Side of Manhattan just two blocks from Central Park for as low as $173,801. The 17 studio and one-bedroom units in the pre-war walk-up building come with hardwood floors and air conditioning, and will be sold via a lottery to New Yorkers making less than 120% of the area’s median income and who have no more than about $280,000 of assets. More than 10,000 people have already applied ahead of the Aug. 27 deadline.
Leonard Bernstein’s family sells NYC penthouse where they held parties and tended to the maestro’s affairs
The family of the celebrated late conductor Leonard Bernstein has sold a Midtown Manhattan penthouse — one where they often congregated, held parties and tended to the maestro’s business at the Parc Vendome, Gimme Shelter has learned. The final sale price, we hear: $3 million, down from its final ask of $3.65 million. The new owners are Broadway and television producer Flody Suarez and his partner, Gino Filippone, a broker with the Corcoran Group, who repped the pair in the transaction. A large residence in the NYC building where Barbra Streisand lived for decades lists for $10M While Bernstein famously lived at...
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