Regions Northeast
The Orbach Group Acquires Miry Run Apartments in New Jersey
Aug 19, 2008

The Orbach Group has purchased the Miry Run Apartments, a nine-building complex housing 144 units.  The  acquisition is the second Hamilton, N.J. property in the company’s portfolio, joining Victoria Apartments, bringing the Hamilton total to 460 units.  The Miry Run Apartments complex consists of one- and two-bedroom units. The Orbach Group will make minor renovations throughout the complex. The company's other Hamilton property – the 316- unit Victoria Apartments – was purchased three years ago.  The firm has been active in Mercer County.  The acquisition of Miry Run increases the company’s holdings in the Princeton corridor to more than 1,000 units.  In addition to these two apartment complexes, The Orbach Group owns a portfolio of residential properties spanning New Jersey in areas including Cherry Hill, Lakewood, Ewing and Hackensack.  The firm recently expanded its presence in the Northeast by entering the New York City real estate market with the purchase of 13 buildings on West 49th Street in Manhattan across the street from World Wide Plaza.  The buildings contain a total of 254 units of residential and a number of storefronts.

 
Recent Northeast Headlines
Proposed $1B Philadelphia Skyscraper Gets Zoning Approvals, Awaits City OK
Nov. 21, 2008
The American Commerce Center, a $1 billion, mixed-use skyscraper proposed for 1800 Arch St., in Philadelphia’s Center City, moved another step closer to reality this week when the city’s planning commission unanimously approved zoning changes for the 1.5-acre site.
pier 57 NYC's Pier 57 Attracts Trio of Renovation Proposals
Nov. 21, 2008
At the edge of Manhattan’s Meat Packing District in Chelsea, Pier 57 abuts an area that has seen a burst of activity over the last decade. Located at the end of West 15th St. and encompassing some 375,000 square feet of waterfront space plus rooftop area, the pier is now the focus for three bids for renovation.
CBRE Promotes 4 to SVP
Nov. 18, 2008
CB Richard Ellis has promoted Sacha Zarba, Doug Lehman, Andrew Sussman and Bill Mooney to senior vice president.  They were previously first vice presidents.
Redevelopment Authority Approves 4 Boston Projects
Nov. 18, 2008
Boston Mayor Thomas Menino announced that four projects totaling more than $75 million in private investment have received approvals from the Boston redevelopment authority’s board of directors.
$2B Deal for Pair of NYC Offices Reportedly Falls Through
Nov. 18, 2008
Two New York City office properties are back on the market, as a deal under which George Comfort & Sons would have acquired the assets--1540 Broadway and Worldwide Plaza--for some $2 billion has fallen through.