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CUSHMAN & WAKEFIELD CLOSES HIGHEST PRICE PSF SALE IN N.J. HISTORY

JERSEY CITY, N.J. - April 14, 2011 - (RealEstateRama) -- In the highest price-per-square-foot investment sale transaction in New Jersey history, Cushman & Wakefield, Inc.’s Metropolitan Area Capital Markets Group has orchestrated the trade of 70 and 90 Hudson Street in Jersey City. CBREI acquired the trophy-quality office assets from Hartz Mountain Industries for $310 million.

CUSHMAN & WAKEFIELD BROKERS EXPANSION LEASE FOR SOLIX IN PARSIPPANY

PARSIPPANY, N.J. - April 13, 2011 - (RealEstateRama) -- Just more than a year ago, Solix, Inc., relocated its headquarters from Whippany, N.J. with its full-building occupancy of the 56,000-square-foot 30 Lanidex Plaza West. Now, the outsourcing firm has added 10,000 square feet at the adjoining 10 Lanidex Plaza West, represented in both long-term transactions by the East Rutherford, N.J.-based Cushman & Wakefield Inc. team of Peter Hamburger, Walter Schoenberg, Harlan Hollander, Robert Rudin, Jan Randall, and Nate Brzozowski.

IRONSTATE & KRE GROUP ANNOUNCE LEASE UP OF JERSEY CITY’S “225 GRAND”

JERSEY CITY, NJ - April 13, 2011 - (RealEstateRama) -- The developers of 225 Grand, the premium rental building in downtown Jersey City overlooking the Manhattan skyline and Statue of Liberty, announced today that all of the 348 luxury residences in the building have been leased just 10 months after hitting the market.

Six Men Indicted for Conspiring to Obtain More Than $2.6 Million in Home Loans...

TRENTON, NJ - April 121, 2011 - (RealEstateRama) -- Attorney General Paula T. Dow and Criminal Justice Director Stephen J. Taylor announced that six men were indicted today on charges that they stole more than $2.6 million from lenders by filing fraudulent mortgage loan applications.

NJ Home Inspector on negotiating needed repairs prior to closing

Manasquan, NJ - April 11, 2011 - (RealEstateRama) -- Well, now you have in your hands an inspection report listing material defects, maintenance recommendations and reams of information items. As a buyer, what is your next step? If your inspector was worth their salt, you will understand the issues clearly after reading the report. If not, you probably called your real estate agent to interpret the report for you, and he or she may be equally confused. Remember, it is not the agent's responsibility to decide for you what inspection items are important, however they can be a real help in knowing the mindset of the particular seller and what they are likely to do.

CRYSTAL POINT IN DOWNTOWN JERSEY CITY RECORDS MORE THAN 30 SALES IN JUST THREE...

JERSEY CITY, N.J. - April 8, 2011 - (RealEstateRama) -- Crystal Point in downtown Jersey City has unquestionably cemented its place atop the Hudson County real estate marketplace with more than 30 sales in just the first three months of 2011.

VICTOR KELLY OF RAIDER REALTY SIGNS TWO TENANTS AT LARKEN ASSOCIATES’ HILLSBOROUGH BUSINESS CENTER

HILLSBOROUGH, N.J. - April 8, 2011 - (RealEstateRama) -- Victor Kelly, Vice President of Raider Realty, exclusive broker for Larken Associates’ commercial properties, has announced two lease signings at Hillsborough Business Center, the 27-building complex of managed office style/flex warehouse and distribution facilities surrounded by Homestead Road, Stryker Lane and Raider Blvd.

SUMMERFIELDS SETTING THE BAR FOR NEW HOME SALES IN SOMERSET COUNTY

SOMERSET COUNTY, N.J. - April 7, 2011 - (RealEstateRama) -- Summerfields in Somerset County is quickly off to a record breaking sales pace with several homes already reserved in its recently-released second phase of non-age restricted, Energy-Star single-family residences.

DCA & HMFA Launch Consumer Education Initiative for Start of Homebuying Season

TRENTON, N.J. - April 7, 2011 - (RealEstateRama) -- To coincide with the traditional start of home buying season, the New Jersey Department of Community Affairs (DCA) and New Jersey Housing and Mortgage Finance Agency (HMFA) today launched The Road Home New Jersey, an education initiative that prospective first-time homebuyers can use to navigate the road to affordable home ownership

PRISM TAPS NEWMARK ASSOCIATES AS EXCLUSIVE AGENTS FOR 475 PROSPECT

WEST ORANGE, N.J. - April 6, 2011 - (RealEstateRama) -- Prism Capital Partners has named Newmark Associates as exclusive agents for 475 Prospect Avenue, a 38,000-square-foot, three-story class A asset that formerly served as part of prescription drug maker Organon USA's headquarters campus. For the Whippany, N.J.-based Newmark Associates, Judith Tell Feldman and Nancy Glick are heading the assignment.

With “Undercover House,” NJ Division of Consumer Affairs Continues Crackdown On Unregistered Home Improvement...

NEWARK, NJ - April 6, 2011 - (RealEstateRama) -- With the arrival of the spring home improvement season, the State Division of Consumer Affairs intensified efforts against unregistered home improvement contractors with an undercover operation at a vacant Gloucester County home.

24th Annual Sales and Marketing (SAM) Awards Honors Creative Excellence, Industry Achievement

Atlantic City, NJ - April 6, 2011 - (RealEstateRama) -- The New Jersey Builders Association (NJBA) honored the industry’s most creative, skillful and successful projects at the 24th< Annual Sales and Marketing (SAM) Awards Banquet, kicking-off the 62nd Atlantic Builders Convention on April 5, 2011. Each year, the SAM Awards recognizes excellence in residential design and marketing programs within New Jersey; this year was no exception. Builders, as well as companies that supply products and services to the building industry are eligible for a SAM Award.

Commissioner Considine Reminds Consumers that Standard Homeowners Insurance Does Not Cover Flood Damage

TRENTON, NJ - April 5, 2011 - (RealEstateRama) -- New Jersey Department of Banking and Insurance (DOBI) Commissioner Tom Considine today reminded consumers that most homeowners or renter’s insurance policies do not cover flood damage. Homeowners or renters can purchase flood insurance provided by the National Flood Insurance Program (NFIP), a federal program which is the primary provider of flood insurance, through their insurance broker or carrier.

JOAN VERPLANCK TO JOIN CUSHMAN & WAKEFIELD’S NEW JERSEY TEAM

MORRISTOWN, N.J. - April 5, 2011 - (RealEstateRama) -- Joan Verplanck, former New Jersey Chamber of Commerce president, will be joining Cushman & Wakefield, in Morristown as senior director. She brings with her 24 years of experience guiding economic development initiatives and job creation in New Jersey

CUSHMAN & WAKEFIELD REPS OPTIMER IN JERSEY CITY OFFICE LEASE

JERSEY CITY, N.J. - April 5, 2011 - (RealEstateRama) -- San Diego-based Optimer Pharmaceuticals, Inc. has leased 14,000 square feet of office space at 101 Hudson Street in Jersey City, announced commercial real estate services firm Cushman & Wakefield, Inc. The biopharmaceutical company recently opened its first East Coast office at the property.

POINTE AT TURNBURY RESIDENTS ENJOY MAINTENANCE-FREE LIVING

MONMOUTH JUNCTION, N.J. - April 5, 2011 - (RealEstateRama) -- For many people, spring is a time of new life and new possibilities. It is the crack of the bat, the warmth of the sun and the honey-lavender scent of flowers. But for homeowners, spring means strenuous yardwork and weekend afternoons spent cleaning the garage.

RESIDENCES AT HENLEY ON HUDSON SURPASSES 50% SOLD

WEEHAWKEN, NJ - April 5, 2011 - (RealEstateRama) -- An impressive sales surge since the beginning of the year at The Residences at Henley on Hudson has pushed the luxury condominium community in Weehawken, NJ facing midtown Manhattan beyond the 50% sold mark

SUPREME COURT TO HEAR HOUSING APPEALS

Trenton, NJ - April 4, 2011 - (RealEstateRama) -- The New Jersey Supreme Court has granted all the petitions for certification of the October 8, 2010 Appellate Division decision which invalidated COAH’s third round regulations. The League of Municipalities was one of the parties seeking an appeal, as well another group of municipalities which suggested a solution to the Court. The League asked the Court to hear all of the petitions so as to get a comprehensive decision that can provide guidance to municipalities. We are obviously pleased with the Court’s decision

DCA & HMFA Announce New Home Rehabilitation Program for Camden City Homeowners

CAMDEN, N.J. - April 4, 2011 - (RealEstateRama) -- New Jersey Department of Community Affairs (DCA) Commissioner Lori Grifa today announced that the New Jersey Housing and Mortgage Finance Agency (HMFA) is partnering with the City of Camden and a host of government, nonprofit and private organizations to launch a new home rehabilitation program for eligible Camden homeowners. The Camden Program Offering Widespread Energy Recovery (POWER) Residential initiative will provide up to $16,000 in financial assistance per household for essential home repairs and energy efficiency improvements. The announcement took place at Cramer Hill Community Center in Camden.

HOBOKEN BROWNSTONE’S GEORGE VALLONE TO HEADLINE ECONOMIC REDEVELOPMENT FORUM AT 2011 NATIONAL BROWNFIELDS CONFERENCE

HOBOKEN, N.J. - April 4, 2011 - (RealEstateRama) -- George Vallone, President of The Hoboken Brownstone Company, will headline a new forum designed to provide owners of contaminated properties the opportunity to market their assets to the real estate development industry at the 2011 National Brownfields Conference April 3rd-5th in Philadelphia.

Popular Government & Nonprofit Press Releases

Lautenberg Announces Millions in New Funding for Housing in New Jersey

WASHINGTON, D.C. - March 18, 2009 - (RealEstateRama) — Today, Senator Frank R. Lautenberg (D-NJ) announced millions of dollars in new funding for New Jersey’s public housing authorities to rehabilitate and modernize public housing units in New Jersey. The capital improvement money was included in the American Recovery and Reinvestment Act signed into law by President Obama.

Recent Government & Nonprofit Press Releases

Norcross Announces $200K+ for Affordable Housing in Camden

U.S. Congressman Donald Norcross (NJ-01) today announced that Saint Joseph’s Carpenter Society will receive $207,500 in federal funding from the U.S. Department of Housing and Urban Development’s (HUD) NeighborWorks America program to help provide affordable housing in Camden.