News & Media
Bogota Proves to be Bergen County’s Hidden Gem
Bogota, the quaint Bergen County borough tucked along the eastern edge of the Hackensack River, has long been a favorite of residents who appreciate its small-town setting that’s easily accessible to Manhattan just over five miles away.
Demand is high for waterfront rentals offering maintenance-free living
There is a unique lifestyle afforded to those who live in the Garden State’s waterfront rental communities. From Hudson County to the Jersey Shore, these residences offer an unbeatable location and amenities without the responsibilities of homeownership.
Adding Density and Mixed Use to One of New York City’s Outer Suburbs
By the end of 2019, the first families will move into new, million-dollar townhouses at Edge-on-Hudson, a $1 billion development that will eventually bring more than a thousand new luxury apartments, condominiums, and townhouses to Sleepy Hollow, New York. “We expect—not just hope—but we expect this to be wildly successful,” says Mayor Ken Wray, speaking at a tour of the development held by ULI Westchester/ Fairfield in October. “For the village, this is incredibly important.”
Seeking Economic Jolt, Sleepy Hollow Embraces Development
It would seem ripe for an eruption of not-in-my-backyard furor — an enormous development along the water. But instead, many in this corner of Westchester County welcome the project, believing it will provide the economic adrenaline that has long been needed, while resurrecting a long derelict industrial site…
Developers of 421-unit Bogota project land $60 million construction loan
A development team is moving forward with a new 421-unit luxury apartment project in Bogota with the help of a newly announced, $60 million loan arranged by Cushman & Wakefield. Brokers with the firm advised the borrowers, a joint venture of PCD Development LLC and Saber Real Estate Advisors LLC, in securing the financing. The construction loan will support the first phase of a riverfront, 13-acre development at 238 West Fort Lee Road.
Group will invest $175M in Long Branch’s Broadway Redevelopment
Long Branch Partners spent the better part of a year demolishing 53 buildings in the blighted Lower Broadway streetscape. Now, the real estate development group said the roughly nine-acre urban tract is “ready for site development.”
The Latest Luxury Rental Development Breaks Ground in White Plains
Saber Real Estate Advisors LLC, PCD Development LLC, and Circle Squared Alternative Investments broke ground on White Plains’ latest luxury rental development, The Duet. The $50 million development features two buildings located on Maple and Hale Avenues, and offers 127 units ranging from studio, one bedroom, and two bedrooms rentals, all with various layouts.
Waterfront Revitalization on the Hackensack River Breaks New Ground with Launch of The River Club in Bogota, NJ
As elected officials and community leaders gathered along a bend in the Hackensack River shoreline in Bogota, New Jersey on October 25, they marked the official groundbreaking for a project years in the making – one that signals continued revitalization on the Hackensack River waterfront in Bogota…
River Club Site in Bogota Sells for $17,000,000
Kathy Anderson, Managing Partner of Progress Capital, on behalf of River Development, negotiated the terms of the sale of ‘The River Club’. The proposed development sits on the site of the former Hess Oil Terminal and an adjacent parcel which was the former Sifford Pontiac site. The combined 13 acres is situated between West Fort Lee Road and the Hackensack River.
$1B waterfront development in Sleepy Hollow edges forward
On a recent scorching June afternoon, Diversified Realty Advisors founding partner Jonathan Stein walked to his black SUV and emerged with an item that resembled an oversized, silver briefcase. He placed it on the floor of his car, opened it up and pulled out a white drone…
Bogota Riverfront Development Moves Forward
An industrial area that was once home to more than half a dozen large oil tanks will soon be the site of luxury apartments. After years of borough Planning Board hearings, environmental cleanup and a lengthy permitting process, a large multifamily mixed-use development near the Hackensack River
Demolition starts for $250M mixed-use makeover of Poughkeepsie hospital
A former psychiatric hospital in the town Poughkeepsie that has been closed and decaying for 15 years could soon be transformed into a $250 million mixed-use development. Joint developers EnviroFinance Group LLC and Diversified Realty Advisors LLC held a kick off ceremony on July 13…
Sleepy Hollow Finally Breaks Ground On GM Site
For 20 years, a nearly 100-acre property of cement, rusted fences, and patches of grass sat undeveloped. The General Motors Assembly Plant at the Sleepy Hollow (nee North Tarrytown) waterfront ceased operations in 1996, leaving a major eyesore for the residents of the village and decades of debate about what would occupy the vacant terrain.
Plan Moves Forward to Redevelop Old GM Plant Site in Westchester County
A California developer that was a partner with Lehman Brothers Holding Inc. in several money-losing real estate deals has emerged as a key player in Westchester County’s long-delayed plan to develop a massive mixed-use project on the site of a former General Motors assembly plant.