(Save the date: RealShare New Jersey comes to the Hyatt Regency, New Brunswick,NJ, September 19.)
WEEHAWKEN, NJ–It is condo-construction time again, at least atPort Imperial. Lennar Urban tells GlobeSt.com thatit will break ground next week on a new 74-unit building withmillion-dollar-plus units because buyer interest is rising again –particularly among foreign buyers.
Lennar is currently at work on a 36-unit addition to thesprawling Port Imperial complex on the Hudson River, at its Henleyon Hudson community. “We just topped out that building, and we’vealready sold 25 of the one-, two-, and three-bedroom units at anaverage price over $1 million,” says division presidentCraig Klingensmith.
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