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NEW DEVELOPMENT: Leasing underway at One Hudson; New look for Sutton classic

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● RELATED RENTALS Leasing launched at One Hudson Related Rentals announced the launch of leasing at One Hudson Yards, its 33- story luxury rental building at 530 West 30th Street . The tower features architecture by Davis Brody Bond , layouts by Ismael Leyva Architects and interiors by Andre Kikoski Architect . Benjamin Joseph, executive vice president at Related Companies , said, “The building provides a comprehensive lifestyle experience with best-in-class amenities and a prime location on the High Line at Hudson Yards.” The stone and glass building overlooks Heatherwick Studio ’s interactive design piece Vessel and The Shed, a new center for artistic invention designed by Diller Scofidio + Renfro in collaboration with Rockwell Group . One Hudson Yards has 178 apartments ranging from one- to three-bedrooms with one four-bedroom home on the penthouse level. Each apartment has 10 ft. ceilings, wide- plank grey oak floors , and extra-tall windows, a modern curtain wall façade an...

Inside the River House Apartments » Urban Milwaukee

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Sign-up for the Urban Milwaukee daily email River House Milwaukee’s newest luxury apartment complex is open for business. Residents have begun moving into the River House, a two- building apartment complex at 1785 N. Water St. consisting of 243 units. Developed by Atlanta- based Atlantic Realty Partners , the project marks the first entry into the city for the firm founded by two brothers originally from Whitefish Bay. The company, which has developed approximately 8,000 rental units across the country, has a handful of other developments in the Milwaukee area , including a cluster of buildings on W. State St. in Wauwatosa. I toured the complex in late January with property manager Alexis Criscimagna and Atlantic Realty Partners project manager Matthew Schossow . Criscimagna was upbeat, the first two units had residents and 17 leases were signed. The model units were recently finished and one floor a month was coming online in the first, six-story building. The second building will ...

Foxwood Apartments and Kensington Manor Apartments Sold in Memphis

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Multifamily in Greater Memphis has been experiencing a fair amount of activity as of late, with two apartment communities trading in just a few days’ time. One of these communities is the 220-unit Foxwood Apartments —located in the Bill Morris Parkway High - Tech Corridor submarket of the Bluff City. The 1972- built multifamily property was purchased for $2.27 million by Resource Real Estate Opportunity REIT . The 30- building development offers 212 ,000 square feet of leasable area, and community amenities include a fitness center, swimming pool, tennis courts, playground, clubhouse and onsite leasing office . Foxwood Apartments is located conveniently close to I-240 and Nonconnah Parkway , placing the community in proximity to major employmers such as FedEx World, Technicolor, Nike, Lenox Corporate Park and the Nonconnah Technology Corridor . Resource Real Estate Opportunity acquired Foxwood Apartments along with Park Forest Apartments in Oklahoma City, Okla. The company pai...

Do Landlords Have to Provide Refrigerators for Apartments for Rent? | Home Guides

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handling refrigerator repairs in the rental agreement." title="Ryan McVay/Photodisc/Getty Images" /> State your responsibility for handling refrigerator repairs in the rental agreement. While California law does not require landlords to provide refrigerators for tenants, if they do, then they set themselves up for additional responsibilities regarding the maintenance and operation of the appliance. A landlord could leave refrigerator repairs up to the tenant, but leaving the task to the tenant must be stated clearly in the rental agreement. Amenities California law classifies refrigerators as amenities rather than necessities in the consideration of habitability requirements placed on landlords. Landlords are not required to provide refrigerators for tenants to use, and the lack of a refrigerator does not make the property unfit for living. Other items that are considered amenities include washing machines , parking spaces and pools. Repairs If you furnish y...

StoneBridge Investments Acquires 272-Unit Veridian at Sandy Springs Apartment Community

ATLANTA, GA - StoneBridge Investments of Washington, DC has acquired Veridian at Sandy Springs, a 272- unit apartment community in the greater Atlanta submarket of Sandy Springs, for $32 million. The seller, a fund managed by Covenant Capital Group , LLC, was represented by Mike Kemether and Travis Presnell of Cushman & Wakefield. Elliott Throne, Gregg Shapiro, and Ware Shipman of HFF secured acquisition financing through a Freddie Mac loan .Built in 1980 and extensively renovated, Veridian is located at 1800 Windridge Drive within the Perimeter Center , a fast-growing “edge city” that encompasses three small cities: Brookhaven, Dunwoody, and Sandy Springs. It is Atlanta’s largest employment center , with more than 123,000 employees, 31 million square feet of office space, three major hospitals , and six million SF of retail space including the 1. 5 million SF Perimeter Center Mall .“Having acquired a neighboring apartment community , 550 Abernathy, earlier this year, we remai...

The Emerson, downtown Oak Park’s newest luxury apartments

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The Emerson is Oak Park’s newest full- amenity apartment community , boasting a steps-to-everything location and Target on-site. The Emerson offers a range of studio to 2-bedroom, 2-bath apartments in a mid-rise building and a 20-story tower that boasts views of the Chicago skyline. Studios rent from $1,712 a month, 1-bedrooms from $1,920 and 2-bedroom, 2-baths from $2,812. Floor plans and near real-time rent and availability info are online. [embedded content] Apartments have plank flooring in living areas, upscale kitchen and bath finishes, individual heating and air-conditioning, and in-unit washer / dryers. [embedded content] [embedded content] Join us in the videos for narrated tours of two 1- bedroom model apartments and a 2-bedroom, 2-bath model. The Emerson’s amenities include an expansive club room with a kitchen and dining area, a resort- style pool deck with grilling stations and a fire pit, and a fully- equipped fitness center with a separate group fitness area . The...

Affordable, Unsubsidized Housing Planned for Near West Oakland BART

Panoramic Interests is the developer who recently revised it’s design for 1,031 apartment units to be built near West Oakland BART (1). Previously, the plans called for 1,400 units, but was changed to 1,031 units by removing all of the one-bedrooms, and all but two studio apartments from the plans. Other interesting facts about the revised design include removing all luxury amenities such as gyms, pet spas and chef kitchens. Also removed from the floor plans are any empty corridors, to make most efficient use of the space to provide affordable, unsubsidized housing near a transportation hub. Also, no parking is provided for the complex, just seven spaces for car-sharing and deliveries. So occupants will be relying on public transit and car services. This is certainly a design for the post-modern era that should please the millennials. The estimated rents will be around $2,500 for 2 bedrooms and about $3,500 for a 4 bedroom unit. Instead of luxury amenities, the complex will include 2...

Waterfront condo listed at $1.345 million

Susan Mall of San Francisco recalls how her late mother, Alyne Salstone, came to choose her oceanview Sloan’s Curve condominium. Her parents had previously resided at another South End apartment down the coastal road at The Ambassador. “When my parents first came to Palm Beach from Chicago, they lived at The Ambassador, and then the Sloan’s Curve (development) was built, and, my mother loved that location,” Mall recalls. >> PHOTOS: Oceanview Sloan’s Curve condominium at 2100 S. Ocean Blvd. After her husband, Milton, died in 1980, Salstone decided to make Florida her primary home. She bought an apartment in Sloan’s Curve. She ultimately sold it, and later bought the one that was her home until her death a year ago. “Over the years, she made many friends, and played lots of bridge games,” her daughter recalls. Mall and one of her brothers are now in possession of the condo at No. 307-S at 2100 S. Ocean Blvd. It has been put up for sale, priced at $1.345 million by agent Cristina ...

Willow Springs Apartments sells for $13M

Colliers International in Greater Phoenix recently completed the sale of the 468-unit, Class C Willow Springs Apartments in Phoenix for $13.25 million or $28,312 per unit ($42.66 per square foot). Resort on 27th LLC of Los Angeles purchased the property, located at 4715 N. 27th Avenue, from MLCFC 2007- 7 North 27th Avenue LLC of Miami Beach, Florida. Bill Hahn, Jeffrey Sherman, and Trevor Koskovich, executive vice presidents with Colliers International ’s HSK Multifamily Southwest Team , represented both buyer and seller. Built in 1986, the apartment community consists of 14 three- story buildings constructed on a rectangular-shaped site, situated on 13 acres. The property is north of Indian School Road , south of Glenrosa Avenue and west of the I-17. Within 310,596 square feet of living space, the unit mix is 252 one bedroom/one bath, 108 two bedroom/one bath and 108 two bedroom/two bath apartments . Unit amenities include walk -in closets, dishwashers, storage rooms and priv...

Colliers International Completes $13M Sale of 468-Unit Willow Springs Apartments in Phoenix, Arizona

PHOENIX, AZ - Colliers International in Greater Phoenix recently completed the sale of the 468-unit, Class C Willow Springs Apartments in Phoenix for $13.25 million or $28,312 per unit ($42.66 per square foot).Resort on 27th LLC of Los Angeles purchased the property, located at 4715 N. 27th Avenue, from MLCFC 2007- 7 North 27th Avenue LLC of Miami Beach, Florida. Bill Hahn, Jeffrey Sherman, and Trevor Koskovich, executive vice presidents with Colliers International ’s HSK Multifamily Southwest Team , represented both buyer and seller. Built in 1986, the apartment community consists of 14 three- story buildings constructed on a rectangular-shaped site, situated on 13 acres. The property is north of Indian School Road , south of Glenrosa Avenue and west of the I-17. Within 310,596 square feet of living space, the unit mix is 252 one bedroom/one bath, 108 two bedroom/one bath and 108 two bedroom/two bath apartments . Unit amenities inclu...

Fall Start Seen For Route 120 Apartments

Lebanon— The apartment complex to be built behind the Element hotel on Route 120 in Lebanon moved has moved a step closer to reality as the developer has filed his plans and sought permission from the city to begin construction. Manchester developer Dick Anagnost filed a permit application with the Lebanon’s city planning department to begin construction on a $4 million, three- story apartment building . He hopes to be able to break ground on the project this fall and have it ready for occupancy next summer, according to Anagnost. The apartment building is the first in a planned 153- unit residential complex in Altaria Lebanon Park , a mixed commercial and residential development spanning 65 acres of which the 4-year-old Element hotel was the first phase. Anagnost expects the entire five- building apartment project to be completed by 2019 at a cost “all-in, probably $20 million to $30 million,” he said in an interview. And even though construction on the project has not yet beg...

Charleston apartment complex sells for $22.9 million | Business

The sale of apartment complexes continues throughout the Charleston region. Most recently, Atlanta-based Radco Cos. paid $22.9 million for the 198-unit former Woodbridge Apartment Homes in West Ashley. The complex at 2040 Ashley River Road is now called Radius at West Ashley . The sale price included $14.1 million in mortgage debt, according to Charleston County property records . The purchase marks the company's sixth acquisition this year and its second multifamily asset in the Charleston region. It also owns Greenwood at Ashley River at 6520 Dorchester Road. The previous owner of Radius at West Ashley was New Jersey-based  Raia Properties , which paid $14.5 million for the complex in 2006. Radco Residential will manage Radius. Radco plans to spend $3 million, or about $15,000 per unit, to upgrade the community. It was built in separate phases in 1972 and 2003 in 11 buildings on 16 acres. Renovations will include cabinetry, appliances, flooring, lighting, countertops and pa...

Serge Azria Is Flipping His Pricy Penthouse at Celebrity-Packed TriBeCa Building – WWD

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While the likes of Harry Styles, Jake Gyllenhaal, Rebel Wilson and Meg Ryan are moving into 443 Greenwich Street — Manhattan’s most celebrity-filled condominium — fashion mogul Serge Azria is moving out. The creative force behind Joie, Equipment and Current/Elliott paid $14.3 million for it in February, but is flipping the three bedroom, 3,471-square- foot duplex apartment for $17.3 million. The posh penthouse comes with its own private elevator entrance to both floors and a rooftop terrace complete with an outdoor kitchen. It appears to have been an investment property as he never actually lived in it, according to the listing. While this is the first penthouse resale, Azria is not the first celebrity to flip a condo at the building. “Austin Powers” star Mike Myers sold his four-bedroom pad without ever living there after it became too small for him when he had another child. 443 Greenwich Street ’s amenities include a 71- foot indoor swimming pool , children’s playroom, a...

New Wicker Park Lofts now leasing apartments

Wicker Park Lofts , 1515-17 W Haddon, Chicago" src="http://i.yochicago.com/images/hpmain/116/305116.jpg?preset=yosize" class="imgfull" alt="image" /> Lease-up is underway at Wicker Park Lofts , a 40- unit apartment building at 1515 – 1517 W Haddon. The transit-oriented development, which is nearing completion, is just 570 feet from the Division Blue Line stop and a short walk from popular bars, restaurants and shops. Wicker Park Lofts , 1515-17 W Haddon, Chicago, at arrow" src="http://i.yochicago.com/images/hpmain/118/305118.jpg?preset=yosize" class="imgfull" alt="image" /> Wicker Park Lofts is a short walk from the ball field, gyms and pool at Pulaski Park. Wicker Park Lofts takes advantage of the property’s uniquely-shaped site and offers studio, 1-, 2- and 3-bedroom “soft loft” apartments. The units feature top -of-the-line finishes and state-of-the- art design elements . Fourth and fifth- floor apartmen...

The RADCO Companies Complete Acquisition of 198-Unit Apartment Community for $23 Million

CHARLESTON, SC - The RADCO Companies , one of the nation’s leading opportunistic real estate developers , completed its sixth acquisition of 2017 with the closing of Woodbridge Apartment Homes in Charleston, South Carolina . This is RADCO’s 72nd acquisition since 2011, its seventh community in South Carolina , and its second community in the Charleston market.The 198-unit, Class B property has been renamed Radius at West Ashley. Radius at West Ashley will be proudly managed by RADCO Residential, the Company’s proprietary management platform . Radius at West Ashley is favorably located in the heart of the West Ashley submarket of Charleston, just minutes away from downtown Charleston, College of Charleston, MUSC, and scenic South Carolina beaches . The community’s location and accessibility to major roads allows for an easy commute to the area’s major office facilities and employers, including Boeing. Additionally, Charleston was also recently ranked the 8th best place in t...