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Developers go vertical with new home phase at Henley.

Publication: Real Estate Weekly
Publication Date: 26-AUG-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Amid intermittent signs that the recession may be near an end and the housing recovery is underway, joint venture partners Lennar Urban and Roseland Property Company have broken ground on a new phase of homes at Henley on Hudson at Port Imperial, the collection of European-inspired residences located along the Hudson River in Weehawken, N.J. facing midtown Manhattan.

Foundations are poured and framing is underway on the new six-story building which is expected to be completed in August, 2010.

The new construction activity reflects the developers' vast resources and commitment...

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