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Kushner Real Estate Group, also known as the KRE Group is an American real estate development company based in Bridgewater, New Jersey. [citation needed] The company has developed, owns, and manages properties throughout New Jersey, New York, and Pennsylvania, including more than 6,000,000 square feet of commercial industrial, and retail property, and more than 9,000 existing apartments, with ...
Kushner since shifted focus from his New Jersey real estate operations to the New York market. In July 2007, the Kushner Companies sold 17,500 apartments in the states of New Jersey, Pennsylvania, Delaware, Maryland and New York, valued at $2 billion. [26] [27] Before that sale, the Companies had employed approximately 800 people. [23]
In 1955, the complex was sold to New York real estate investor and manager Henry Moscowitz, owner of the Argo Corporation. [13] The Ivy Hill apartments were originally solidly middle-class. Nearly a fifth of all residents were transplants from New York City and 22% of the residents commuted into the great metropolis. [12]
The company was listed on the New York Stock Exchange in 2012; 40 million shares were sold at $27 each, raising US$1.08 billion. [5] In 2013, the company moved its head office from Parsippany-Troy Hills, New Jersey to Madison, New Jersey. [6] Ryan Schneider succeeded Richard A. Smith as chief executive officer in 2017. [1]
The company was founded in 1949 as Cali Associates by John J. Cali, Angelo R. Cali, and Edward Leshowitz. [6] [7] In the 1950s, Cali Associates was a developer of single family homes in northern New Jersey. [8] In 1969, the company completed construction of its first office building, 14 Commerce Drive, in Cranford Business Park, Cranford, New ...
This page was last edited on 16 February 2024, at 22:59 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
With these new holdings, NRT reached its 100th acquisition mark. [3] In 2000, NRT set a "real estate industry record, surpassing $100 billion in closed sales volume" and acquired Fred Sands Realtors, a $5 billion company based in Los Angeles. [3] By the end of the year, NRT had acquired over 150 companies. NRT entered the Columbus, Ohio, New ...
Sol Atlas (1907–1973), Long Island real estate developer responsible for the Miracle Mile [2] Gary Barnett (1956–), founder of the Extell Development Company (known for One57 a.k.a. "The Billionaire Building") [3] Joseph Barry (1933–), co-founder of the New Jersey-focused Applied Housing Company and the Hudson Reporter newspaper chain [4]
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