NORTH BERGEN, NJ—Completing a complex joint venture transaction, Philadelphia-based Post Brothers has acquired The Duchess, a build-to-suit project organized with Edgewater developer LWH Urban Renewal, for $166 million.
LWH built the River Road luxury high-rise for Post Brothers, in the deal that Gebroe-Hammer Associates organized.
Gebroe-Hammer Associates represented LWH and Post Brothers, in what managing director Joseph Brecher described as “a development JV, where the seller built it to the specs of the Post Brothers, with some of their materials and their own patented finishes and things of that nature. It was somewhat of a forward sale.”
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Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
