Stamford, CT
Glenview House
11 Glenbrook Road
Glenview Apartments LLC, a joint venture of Hannah Real Estate Investors, Glenview Partners and Stillwater Investment, began construction in March on the mixed-use building that will have 146 residential rental units and 15,000 square feet of retail space. Residents will have access to an outdoor swimming pool, club room and fitness center. The building is scheduled for completion in summer 2008. Bank of America provided $66 million in construction and acquisition financing for the project. Contact: www.hannahrealestateinvestors.com.
Cliffside Park, NJ
Aurora Over the Hudson
Sales recently opened for Pinnacle Downtown’s two-tower, 131-unit condominium project. Two- and three-bedroom units range in size from 1,800 to 3,300 square feet and are priced from $1 to $2.5 million. Many units will have floor-to-ceiling windows and glass terraces. Yoo by Starck designed the project. Contact: www.auroraoverthehudson.com.
Edgewater, NJ
Peninsula at City Place
Units are ready for immediate occupancy at Savanna Partners’ three-building, 201-unit rental-to-condominium conversion. The one- to three-bedroom units range in size from 837 to 1,698 square feet and are priced from the low $400,000s to $1.3 million. Core Group Marketing is the marketing and sales agent. Contact: www.peninsulanj.com.
Hoboken, NJ
Metrostop
Sales have begun at Metro Homes’ 11-story, 119-unit condominium, which is located next to the Ninth Street light rail station. Prices for the one- and two-bedroom units range from $395,000 to $900,000. Occupancy is expected to begin in June 2008. The Marketing Directors Inc. is the sales and marketing agent. Contact: www.metrostophoboken.com.
Jersey City, NJ
Arcade Condominiums
50 Journal Square
Construction has begun on the luxury condominium conversion of an eight-story 1920s office building. D6 Developments LLC and Jarmel Kizel Architects and Engineers are developing the project, which will have seven 1,500-square-foot full-floor units and 3,000 square feet of ground-floor retail space.
Palisades Park, NJ
Trio
Tarragon Development is building the three-building, 196-unit condominium complex. The nine-story buildings will have one- to three-bedroom units priced from the mid-$300,000s. More than half of the first building’s units have been sold, and some of the second building’s units have been released for sale. Contact: www.triocondos.com.
Sales Update
Stamford, CT
Eastside Commons
East Main Street and Lafayette Street
The 112-unit condominium community was 25 percent sold as of mid-March after sales began earlier in the year. Construction is under way, with completion slated for summer 2008. Citibank provided a $44 million construction and acquisition loan for the project. Contact: www.liveateastside.com.
Asbury Park, NJ
The Esperanza
Sales will open this spring for the two-building, 224-unit project developed by Metro Homes. Prices for the studio to four-bedroom units will start in the low $300,000s. The Marketing Directors Inc. is the sales and marketing agent. Contact: www.the-esperanza.com.
Jersey City, NJ
Hamilton Square
25 McWilliams Place
Sales for the first phase of Exeter Property Company’s new development on the former site of St. Francis Hospital were expected to begin in mid-April. Prices for the 126 loft-style studio to three-bedroom units will range from the $270,000s to more than $1.3 million. When completed, the development will have 300 condominium units, 24,000 square feet of retail space and an underground parking facility. Charles Jordan of H. Thomas O’Hara Architect PLLC designed the project. Contact: www.livingonthepark.com.