“Throughout Hudson County, which has been undergoing a wave of development in recent years, experienced investors have a renewed sense of enthusiasm for existing apartment buildings that would benefit from modest upgrades – mostly to kitchens and baths,” says Nicolaou.
RSC designed the facility to be one of the nation's first schools to meet LEED Platinum standards and requirements for sustainability. The school will also feature a hydroponic rooftop garden for students to grow their own food to be used in the culinary kitchen lab.
Construction is set to begin this month on Chelsea Senior Living of Shrewsbury, a $29.3 million, 73,000-square foot community targeted to open in the third quarter of 2018. It's one of three new developments planned by Capitol Seniors Housing in New Jersey.
"River Edge is a rare off-market acquisition of luxury multifamily units in tightly constrained Bergen County, NJ,” says Brian DiSalvo, C6 principal. “We are excited to bring institutional ownership and management standards to the value creation plan for this asset."
The proposed legislation would allow the issuance of non-transferable liquor permits in a narrow class of transit-oriented districts designated for redevelopment. For the immediate future, that definition only applies to Hackensack.
The intense interest in Lehigh Valley locations is driving up costs and making land more difficult to find, says Del Markward, SIOR. Markward has been brokering land in the region since 1995 and is president-elect of the national SIOR organization. Listen to an exclusive audio interview.
EVESHAM TOWNSHIP, NJ—The busy Whole Foods store on Route 73 in this Burlington County suburb of Philadelphia continues to pack in shoppers, as observers…