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Original Northeast commercial real estate news & events for New York, New Jersey, Boston, Philadelphia, and other northeastern US states, plus expert insights, commentary and analysis into secondary and tertiary regional and local markets.
The Collective extends the concept of “experiential retail” to “experiential housing” with a $450 million development that will border Williamsburg and Brooklyn.
“Rents throughout the North Jersey Metro continue their advance, and are expected to do so through year-end 2020 and beyond,” says Ken Uranowitz, Gebroe-Hammer president.
In addition to providing cultural events and performances for the community, the university affiliation will provide professional-level learning opportunities to students in multiple disciplines, including cinematography, audio work, lighting work and aesthetics.
Specifically, Transwestern Commercial and Devencore will work together on cross-border occupier, agency and capital market opportunities, and will also provide research, marketing and consulting support for existing and future clients.
Hudson Group secured approvals from the Boston Planning & Development Agency Board of Directors last week for 150 Kneeland St., a 21-story, 230-room hotel.
There will be winners and losers under the retailer's reorganization but many mall owners have made contingency plans for this very event, according to CBRE.