Hackensack’s Main Street Business Alliance Celebrates 15 Years, Honors Chairman Jerome Lombardo
HACKENSACK, NJ – Fifteen years since the Hackensack Main Street Business Alliance (MSBA) forged a bond to tackle issues facing the business community with the goal of revamping the local economy head-on, city leaders past and present congregated at the Stony Hill Inn on November 7 to celebrate the fruits of their labor in the […]
NJ Women in Real Estate initiative offers path toward industry careers
The Displaced Homemakers Network of New Jersey and the Center for Real Estate Education in Hackensack have partnered to create the NJ Women in Real Estate Education Initiative. Through this program, qualifying women may receive a grant to take a six-week real estate education course that will include, the required licensing class to become a New Jersey […]
Brand New Apartments Coming To Hackensack After $7.45M Sale Of Warehouse
Two adjoining Hackensack properties will soon be redeveloped into an apartment building as the result of the $7.45 million sale negotiation. The two 372,000-square-foot properties at 437-439 and 445-451 Main Street — most recently an office and warehouse for Holman Moving Systems — will become a a four-story apartment building with 235 units. Alexander Anderson […]
‘Empire West’ lights up The Sack
Alexander Anderson Capital Group and Minotaur Management Close on 241 Main Street in Hackensack in a $3.7 Million Transaction Alexander Anderson Real Estate Group to Name Property ‘Empire West,’ Restore it to its Art Deco Splendor and Market Office Space for Lease to Small and Midsized Businesses Alexander Anderson Capital Group, a real estate syndication arm and division of Alexander […]
ALEXANDER ANDERSON SEES OPPORTUNITY IN INCUBATOR SPACE
Alexander Anderson Real Estate Group’s incubator space in Pompton Lakes. – (ALEXANDER ANDERSON REAL ESTATE GROUP) For Eric Anderson, the CEO of Alexander Anderson Real Estate Group, there is an unmet demand for affordable space for entrepreneurs. “There is a shortage of opportunity for small businesses, and there’s a shortage of opportunity for businesses that […]
THIS NORTH JERSEY CITY IS IN MIDST OF RENAISSANCE, LOFT DEVELOPER SAYS
HACKENSACK — A Brooklyn developer plans to turn a warehouse once used for record storage into loft-style apartments. Minotaur Management purchased 17 Mercer Street last month for $1.275 million, according to a press release. The developer said the burgeoning city resembles the Brooklyn neighborhood of Bushwick before the real estate craze hit the area. “We […]
HACKENSACK BUILDING TO BE REDEVELOPED AS APARTMENTS
A 19th-century warehouse in downtown Hackensack has been sold to a developer that plans to turn the building into about 30 loft-style apartments. Minotaur Management of Hackensack paid $1.275 million for the building, at 17 Mercer St. The deal is the first multifamily investment in New Jersey for Minotaur, which has developed properties in the […]
THE REMAKING OF HACKENSACK’S DOWNTOWN IS IN FULL SWING
The city has approved four projects totaling 456 residential units and 11,000 square feet of retail space that are expected to break ground this year, city spokesman Phil Swibinski said. Hackensack has pushed to redevelop its downtown for more than a decade, but the real work started in 2015 when construction started on the Meridia […]
SYNDICATION GROUP FINDS FIRST DEALS IN ESSEX, BERGEN COUNTIES
The newly formed syndication arm of an area real estate firm has made its first two deals, closing on vacant office buildings in Newark and Hackensack that it now plans to reposition. The firm, Alexander Anderson Real Estate Group, announced that it has launched an entity known as Alexander Anderson Capital Group. The Hackensack-based organization’s […]