Rose Associates is promoting from within - but outside the family - in its search for a new president, choosing its chief investment officer Marc Ehrlich for the role, the multifamily developer and manager announced Thursday.
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Rose Associates, Inc., the New York-based multifamily real estate developer and manager, has recently appointed two individuals to the role of managing director. Alex Chin has been named managing director of finance and accounting, and John Nowak has been named managing director of construction.
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Rose Associates, Inc. (Rose), the New York-based multifamily real estate manager and developer, was recently selected by The Arden Group to manage Forty Six Fifty, a newly constructed multifamily building at 4650 Broadway in Manhattan.
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A joint venture between Rose Associates and Battery Global Advisors has obtained $112.7 million for the refinancing of Alexander Crossing, a recently completed 440-unit community in Yonkers, N.Y. Walker & Dunlop secured the note through Affinius Capital. Previous financing includes a $107.4 million construction loan originated in May 2021 from Bank of America, according to Yardi Matrix information. Two months later, Yonkers Industrial Development Agency also provided $3 million for the development. The Class A community broke ground in November 2021 and was topped out in 2022. Partners on the project included general contractor Callahan Construction Managers and architecture firm Perkins Eastman.
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The actual demolition of buildings at the United Hospital site at 406-408 Boston Post Road and 999 High St. in Port Chester has gotten underway following work to remediate site contamination.
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Rose Associates, the New York-based multifamily real estate developer, has announced that leasing is underway at 301 East 94th Street in Manhattan. The property, a complete reimagination of an existing hotel that has been fully renovated and transformed into a brand-new rental development by Rose and the Marmara Group, offers 106 apartments in studio-, one-, two- and three-bedroom configurations. In addition, there are 18 fully furnished, extended stay apartments in the building.
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We are thrilled to announce the Rose Associates Scholarship Award powered by Project Destined.
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Global Holdings, the international real estate development and investment firm founded and led by Eyal Ofer, today announced the launch of leasing at its newly-developed luxury rental property, Anagram Columbus Circle. The 26-story residential tower, located mere steps from Central Park, is a first of its kind offering crafted to create an elevated residential experience on par with its Billionaire’s Row neighbors. Rose Associates is the exclusive leasing and management firm for Anagram Columbus Circle. Pricing for a studio starts at $4,930 per month, 1 Beds starting at $6,630, 2 Beds starting at $9,950, 3 Beds starting at $19,500, 4 Beds starting at $26,150.
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Rose Associates, the New York-based multifamily real estate developer, has announced that pre-leasing is underway at Alexander Crossing in Yonkers, NY. The newly constructed property, a development of Rose Associates and Battery Global Advisors, offers 440 apartments in studio-, one-, two- and three-bedroom configurations. Located at 57 Alexander Street, the building is a short walk to the Metro North commuter rail and Amtrak train station.
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Rose Associates, Inc., the New York-based multifamily real estate developer and manager, has hired Jaclyn Pagnotta as Managing Director of Human Resources. A leading HR executive, Pagnotta joins at a time of tremendous growth for the company and will focus on developing and executing on HR strategies and initiatives that drive and support organizational effectiveness, cutting-edge talent management, and large-scale complex change management.
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Rose Associates, Inc., the New York-based multifamily real estate manager and developer, has been recognized as a national leader in resident satisfaction by the Grace Hill Kingsley Index. In addition to the Kingsley Excellence Award, Rose has been named an Elite 5 Multifamily Company and the number one manager in its category.
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