(Read more on the multifamily market.)
CLIFFSIDE PARK, NJ-Construction is just under way for AuroraOver the Hudson, a two-tower residential condo development here.The project is being done by Aurora Development, a joint venture ofa trio of developers, Pinnacle Downtown of Chatham, Kohl Partnersof Teaneck and the locally based Craftex Builders Inc.
Aurora Over the Hudson, located on the Palisades overlooking theHudson River opposite Manhattan, carries a construction price tagof $150 million. Its 131 units will encompass two- andthree-bedroom units in two, 11-story towers. The residences areslated for delivery by the developers in 2010.
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