GEORGE VALLONE OF HOBOKEN BROWNSTONE COMPANY NAMED EXECUTIVE OFFICER OF NEW JERSEY BUILDER’S ASSOCATION

HOBOKEN, N.J. – April 21, 2011 – (RealEstateRama) — George Vallone, President of The Hoboken Brownstone Company, was recently named an Executive Officer of the New Jersey Builder’s Association (NJBA) at the 62nd annual Atlantic Builder’s Convention held earlier this month in Atlantic City.

Mr. Vallone was installed as Builder Vice President, placing him on the ladder to become President of the NJBA in five years, according to the leading trade association for the construction industry.  In his role, Mr. Vallone will serve on a variety of committees and be an active participant setting guidelines on important industry issues, including development, land use, legal, regulations, environmental, legislative and more.

“I’m extremely proud and honored to be named to this position and look forward to working with the diverse group of prominent industry professionals in the NJBA,” Mr. Vallone says.  “The organization plays a vital role in setting standards, advocating and representing before the NJ and Federal Legislative Bodies the interests for the entire spectrum of the construction industry and I’m excited to participate in these important initiatives.”

Mr. Vallone is a 31-year veteran of the real estate industry and has extensive experience developing urban housing through a socially conscious approach to development. Mr. Vallone and his co-founder partner for 31 years, Daniel Gans,  have been responsible for renovating brownstones, row houses and have built mid-rise and hi-rise condominiums in Hoboken.  His general contracting company, Inner City Construction, Inc., (ICCI), has built over 1,000 units of affordable housing for several non-profit church-affiliated and community-based groups and for-profit housing corporations in Jersey City, Newark, Paterson and Trenton. His development companies specialize in large, high-profile, urban mixed-use Brownfield redevelopment projects.

About Hoboken Brownstone Company
Based in Hoboken, The Hoboken Brownstone Company is a multi-faceted real estate development firm which has been active along New Jersey’s Hudson River “Gold Coast” for 31 years.

In 1999, Hoboken Brownstone Company purchased and master planned the 24-acre Maxwell House Coffee Factory site into a 1.8 million square foot community that won the NJ Future Award for “# 1 Mixed-Use Redevelopment in the State”. Their current and most innovative project to date is the redevelopment of a seven-acre Brownfield site in the Jersey Avenue Redevelopment Zone into Van Leer Place, a new mixed use neighborhood. The initial phase of 221 homes in the 481 residence community will be classified as a Demonstration Project under the NJ-Energy Master Plan. It will incorporate high performance building science technology; a Mass Wall Building Enclosure (AAC), Energy Recovery Ventilation (ERV), and Alternative Energy, (Geo-Thermal & Solar). Van Leer Place won the “2010 Governor’s Environmental Excellence Award in the Innovative Technology Category.”

The company takes a socially conscious approach towards development and is committed to community enhancement endeavors by introducing new home communities in urban locations that respect their surrounding neighborhoods and keep alive their historical validity. For additional information on The Hoboken Brownstone Company, please call 201-792-3814 or visit www.HBrownstone.com.

About the New Jersey Builders Association (NJBA)
The New Jersey Builders Association (NJBA) is the leading trade association for the construction industry. Members include residential and commercial builders, developers, remodelers, subcontractors, suppliers, engineers, architects, consultants and other professionals. NJBA serves as a resource for its members through continuing education and advocacy. NJBA and its members strive for a more vibrant, greener, and affordable housing market in New Jersey. Additional information is available at www.njba.org.

About CAHN Communications
CAHN Communications is a full-service public relations agency that produces results for a wide range of clients involved in real estate, hospitality, finance and restaurant activities.

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