Donald Trumpâ€s former Connecticut mansion that he bought at age 35 is for sale and featured this week at TopTenRealEstateDeals.com.

“Donald Trump’s First Mansion”

Donald Trump was born into the real estate business in 1946 in New York City where his father, Fred Trump, was a developer. Donald got a jump-start in the business while he was still in college in the 1960s working menial jobs at his father’s lower middle-class apartment complex in Cincinnati.  In 1971, he moved back to New York City where he took over his father’s company changing the name to The Trump Organization and earned a reputation as a fast-rising real estate tycoon on hotel, condominium and casino projects. In 1986, he made a deal with New York City Mayor Ed Koch to renovate Central Park’s Wollman Rink. The ice skating rink was going on its seventh year of renovations when Trump volunteered to finish and finance the restoration with his own money. He completed the job in just three months.With his business success and wealth, Trump owns a roster of mansions. His main home is a posh three-level penthouse at Trump Tower on New York’s Fifth Avenue where he also runs his vast business operations. Also in the Gotham area, in 1996 Trump purchased a 60-room mansion in Bedford, New York with three pools and a bowling alley. He later bought Albemarle, a 23,000-square-foot mansion, vineyard and winery on 2,000 acres in Virginia for $12.7 million, a fraction of the original asking price of $100 million. Trump also keeps a large home on Rodeo Drive in Beverly Hills.

When he isn’t running for president, firing someone or saying something controversial, Trump relaxes at his Mar-A-Lago mansion in Palm Beach, Florida that he purchased in 1985 for $10 million. The 1920’s mansion with 62,000 square feet and over 100 rooms was originally built for Post Cereal heiress, Marjorie Merriweather Post. Trump upgraded it to a private resort with initiation fees of $100,000, annual dues of $12,000 and nightly rates up to $3,000. Mar-A-Lago guests have included Bill Clinton, Regis Philbin, Tony Bennett and Barbara Walters.

Trump was only 35 in 1982 when he and wife, Ivana, purchased their first mansion, a 5.8 acre home on a peninsula in Greenwich, Connecticut for $4 million. Always a family-oriented business, Ivana was also remodeling the Plaza Hotel in Manhattan in the early 1980s and was able to incorporate many of the same materials in the decoration of their new home creating a residence dripping in gold leaf, elegant chandeliers and crown moldings. When they divorced in 1991 after 15 years of marriage, Ivana won the mansion in the property settlement. She sold the Greenwich home for $15 million in 1998, and the mansion’s new owners immediately began a renovation to tone it down to more livable neutrals and added tennis courts as well as a 4,000-square-foot addition which includes guest suites, a lap pool and a sauna. It is currently for sale at $54 million.

Originally built in 1939, the 19,773-square-foot Georgian Colonial-style main house and a guest house have eight bedrooms, thirteen baths, a three-story rotunda foyer with double grand staircase, formal rooms overlooking views of the pool, grounds and Long Island Sound, home theater, a putting green, multiple terraces and patios, tennis courts and three fully-equipped staff apartments.

Awaiting a new Greenwich billionaire resident, Donald Trumpâ€s former Connecticut mansion with major additions, six waterfront acres and private boat dock. The listing agent is Tamar Lurie of Coldwell Banker in Greenwich, Connecticut.

Real estate is never boring at TopTenRealEstateDeals. Check out today’s most entertaining, important and unusual real estate news stories of the week. News such as “Obama Vacation Home For Sale,” “Bacall’s Dakota Apartment Sells At Big Profit” and “New York’s First Penthouse.”

Visit TopTenRealEstateDeals.com for more historic, spectacular and celebrity homes.

The post Celebrity Homes: Donald Trump’s First Mansion Is For Sale $54 Million first appeared on River View Observer.

JERSEY CITY, N.J. – CBRE Group, Inc. announced today that it has arranged the sale of 2866 John F. Kennedy Boulevard in Jersey City, N.J. for approximately $1.2 million. The three-story mixed-use building is fully occupied, with Subway residing in its ground floor retail space and occupied multifamily apartments comprising the second and third floors. The 4,200-square-foot property is located in the heart of Journal Square, one of the most active markets in the Tri-State area. 

CBREâ€s Tri-State Investment Properties team of Charles Berger and Mark Silverman of New Jersey Investment Properties and Elli Klapper of New York Investment Properties represented the seller in the transaction. The CBRE team was able to secure record pricing in terms of price-per-unit, in-place cap rate and price per sq. ft. The transaction offers an excellent upside for the income buyer upon the expiration of current below-market leases. 

“The CBRE Investment Properties team is one of the most active in the Jersey City area, having closed three deals in the last month valuing approximately $25 million,” said Mr. Berger. “Journal Square is one of the hottest markets in the Tri-State region and we just recently put three more deals into contract for record pricing, with several more on the way. We are actively assisting owners in monetizing their commercial and multifamily properties and are working with buyers throughout the country who want to break into this booming market.”

Located directly across from the Journal Square path station, 2866 John F. Kennedy Boulevard is situated in a prime location for commuters. The area – which is in a clear upswing of retail and residential rentals – is surrounded by national and local retailers and is in the immediate vicinity of 30 projects in various stages of development.

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the worldâ€s largest commercial real estate services and investment firm (in terms of 2014 revenue).  The Company has more than 52,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 370 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at  www.cbre.com .

The post CBRE GROUP INC. ARRANGES RECORD SETTING SALE OF MIXED-USE PROPERTY FOR $1.2 MILLION IN JERSEY CITY first appeared on River View Observer.

JERSEY CITY, N.J. (February 18, 2015) – CBRE Group, Inc. announced that it has arranged the sale of 205-207 Union Street in Jersey City, N.J., for approximately $1.32 million. The 16-unit multifamily building has recently been fully renovated.

CBREâ€s New York Tri-State Investment Properties team of Charles Berger and Mark Silverman, of New Jersey Investment Properties, and Elli Klapper, of New York Investment Properties, served as the exclusive agents for the seller and procured the buyer in the transaction. The new owner plans to hold the property as an investment as they expand their existing portfolio in New Jersey.

“Being able to secure close to top market price-per-unit in the Bergen/Lafayette submarket displays the strong activity in Jersey Cityâ€s secondary markets,” said Mr. Berger. “The seller, a long-standing CBRE client, recognized the value of investing in Jersey City, one of the hottest markets in New Jersey and an area where our Investment Properties team has become very active.”

Located only one block from John F. Kennedy Blvd and several blocks from Martin Luther King Drive, 205-207 Union Street provides convenient access to New Jersey Transit Bus stops and the Martin Luther King Drive Light Rail station.

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the worldâ€s largest commercial real estate services and investment firm (in terms of 2014 revenue). The Company has more than 52,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 370 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.
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The post CBRE GROUP INC. ARRANGES SALE OF 16-UNIT MULTIFAMILY APARTMENT BUILDING IN JERSEY CITY FOR $1.32 MILLION first appeared on River View Observer.

 JERSEY CITY, N.J. (May 30, 2014) – NAI James E. Hanson, a leading New Jersey-based commercial real estate firm, today announced the $4.6-million sale of 106 Harbor Drive, a 65,000-square-foot, single-tenant warehouse property in Jersey City, N.J. The NAI team of Senior Vice President Tom Ryan and Vice President Barry Cohorsky represented the propertyâ€s seller, a family investor.

Subsequently, Cohorsky and Ryan represented the propertyâ€s new owner, CenterPoint Harbor LLC, in a 54,000-square-foot lease transaction with Iron Mountain Information Management LLC. An information management, records management and data protection services company with locations throughout the UK, Europe and North America, Iron Mountain Information Management signed a 10-year lease.

Located within the Hudson Waterfront Industrial Cluster, 106 Harbor Drive benefits from on-site property management. The property is situated on 2.7 acres, and provides excellent access to the Port of New York and New Jersey, Routes 1 and 9, the Holland Tunnel and the New Jersey Turnpike.

“The property provided CenterPoint, which has been aggressively pursuing industrial opportunities in the port markets, with an opportunity to expand its market share,” Cohorsky said. “CenterPoint has acquired nearly 3 million square feet over the past several years. The companyâ€s strategy is validated by the signing of a long-term lease with a multinational company.”

About NAI James E. Hanson

Since 1955, NAI James E. Hanson has been a leading independent full-service brokerage commercial real estate and property management firm serving a diverse client list. NAI Hanson offers its clients strategic solutions and provides comprehensive value-added services such as office, industrial and retail brokerage, investment sales, land sales, management, government services and financing expertise.

NAI Hanson is also one of the original members of NAI Global, an international commercial real estate network with 400 offices spanning the globe. For more information on NAI James E. Hanson, contact William C. Hanson, SIOR, at the companyâ€s Hackensack office at 201-488-5800 or visit www.naihanson.com.

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The post NAI Hanson Facilitates $4.6-Million Sale of Jersey City Warehouse and Subsequent Lease Signing first appeared on River View Observer.

The foot patrols, which are being made possible with the additional 22 officers who are set to be sworn in Friday, will be added in areas throughout the city where needed, the Police Department. In addition, the Office of Emergency Management & Homeland Security will unveil a new piece of equipment that will add to crime deterrence capabilities. 

“Public safety has always been mission number one for this administration,” said Mayor Healy. “One of our goals this year was acquiring grant funding to hire new officers and we have done that. We will continue to seek funding to hire more officers so thereby adding to our police presence throughout the city.”

In July, the U.S. Department of Justice awarded the City $1.85 million through the COPS hiring program to hire 15 new officers. The additional seven officers in the new class are paid for through the municipal budget. Additionally in April, the City hired 13 officers through lateral transfers from other police departments.

With the 22 new recruits, the Police Department will have a total of 806 sworn personnel. When Mayor Healy took office in 2004, he quickly worked to hire new police officers as the Department was at an all-time low with only 789 officers. By 2008, under the leadership of Mayor Healy, ranks in the department had risen to 905 sworn officers, but that number has dropped with massive retirements taking place in recent years and due to the fiscal challenges that have faced municipalities across the state.

“We suffered a significant reduction in staff due to retirements over the past two to three years,” said Police Chief Tom Comey. “We have been working with the administration to identify funding, including federal grant funds, to hire additional officers to replenish our ranks. We are pleased to be able to add these officers in the areas where they will be needed.”

 The “Eye in the Sky” surveillance tower, which is a $100,000 piece of police equipment, was acquired by the Office of Emergency Management & Homeland Security through the state Urban Area Security Initiative (UASI) program. Used by Police Departments around the nation, including the NYPD, this piece of technology allows law enforcement to rise above a second story roof line. It is used for crowd management, emergency response, port security, and is widely considered a successful crime deterrent apparatus.

“Having an ‘Eye in the Sky†allows our Police Department to have a 360 degree vantage point for surveillance,” said Greg Kierce, Director of OEM & Homeland Security. “We know this is an effective deterrent and are pleased to be able to have this valuable tool as part of our crime fighting arsenal.”

The post Jersey City Mayor Healy & Police Chief Comey to Announce Two Crime Fighting Initiatives first appeared on River View Observer.

HOBOKEN, NJ—November 28, 2011—Hoboken Hudson Tea Complex has added a new member: 1450 Washington, 157 luxury condominiums.

On Thurs., Nov. 10 representatives from Toll Brothers thanked area brokers for helping them sell 40 percent of the new property. “And thatâ€s before we even opened a sales office,” stated Ben Jogodnik, senior vice president of Toll Brothers as he addressed his guests.

Toll Brothers City Living, which is developing Hudson Tea and Maxwell Place, a total of nearly 3,000 luxury condominiums in Hobokenâ€s north end expects the new property to be completed in May 2012.

“Consistent sales at Maxwell Place and Hudson Tea were dissipating our inventory to the point where we would run out by next spring, inspiring us to start construction at 1450 Washington,” continued Jogodnik. “Our loyal local brokers and buyers have been tremendous partners in our efforts to solidify the Hoboken waterfront as a great location to live, whether youâ€re single, just married or starting a family.”

Homes in the 12-story building are priced from the high $300,000s for studios (none are currently available) to the upper $900,000s for large three-bedrooms.

The development is the first new condominium to break ground in Hoboken since the Company began its last project, the 376-unit Building B at Maxwell Place, in 2007.

“Similar to our other Hoboken properties, 1450 Washington delivers the set of high-end features that create a truly luxurious environment,” says Mr. Jogodnik. “The North End has made incredible progress in seven years, and the expectations of residents are more pronounced than when the area was predominately undeveloped. We can address not only the preferences of the customers we have been seeing, but also create new home types and amenity packages that will attract an even broader group of customers.”

Amenities in the new community will consist of a 24-hour concierge, fitness center, childrenâ€s playroom, landscaped courtyard with walkway, community rooftop terrace with BBQs, private rooftop terraces (15 for sale), shuttle service to PATH train, garage parking available, over 23,000 sq. ft. of on-site retail, future community pool, waterfront walkway and park.

Home features include nine foot ceilings, hardwood flooring, bay windows in some homes along Washington and 15^th, washer/dryer, glass (or granite) countertops, Bosch stainless steel appliances, four-piece master baths in two and three BR homes, three-piece master baths in studio, one and one plus den homes, and balconies in many homes.

About Toll Brothers

Toll Brothers City Living is the urban development division of Toll Brothers, Inc. a FORTUNE 1,000 Company. Toll Brothers City living is bringing the same quality, value and service familiar to its luxury homebuyers throughout the country, to some of the most dynamic urban markets in the country including Manhattan, Brooklyn and Queens, New York; Hoboken and Jersey City, New Jersey; and Philadelphia, Pennsylvania. Toll Brothers City Living communities combine the energy of an urban lifestyle with unparalleled amenities, spectacular architecture, and the expertise of the nationâ€s leading builder of luxury homes. For over 40 years, Toll Brothers has taken pride in the recognition received from its homeowners and peers. The Company is currently building in 21 states and has been honored with the three most coveted awards in the home building industry: Americaâ€s Best Builder, the National Housing Quality Award, and Builder of the Year. For more information, visit TollBrothersCityLiving.com.

The post Toll Brothers Launches 1450 Washington with Event for 90 Hoboken Brokers first appeared on River View Observer.

Located in the historic Hamilton Park section of Jersey City, the portfolio consists of two well-maintained apartment buildings, containing a total of seven apartments, two stores and six garages. Each lot measures 25 feet by 100 feet, and one property has four, two-bedroom apartments, while the other has three, three-bedroom units. The buildings are a short walk to the Pavonia-Newport PATH station, and close to the Newport Centre Mall and top-rated Dr. Ronald McNair Academic High School.
“The property attracted many showings because it’s in a very desirable and safe area full of young people and families,” said Kunnapas. “The City recently renovated the nearby actual Hamilton Park with new plantings and light fixtures, two dog runs, an upgraded playground and basketball court, and refurnished gazebo. As a result, the neighborhood has experienced a great deal of development including the addition of luxury condominiums and rehabilitation of historic brownstones.”

About NAI James E. Hanson
Since 1955, NAI James E. Hanson has been a leading independent full-service brokerage commercial real estate and property management firm serving a diverse client list. NAI Hanson offers its clients strategic solutions and provides comprehensive value-added services such as office, industrial and retail brokerage, investment sales, land sales, management, government services and financing expertise.

NAI Hanson is also one of the original members of NAI Global, an international commercial real estate network with over 350 offices spanning the globe. For more information on NAI James E. Hanson, contact William C. Hanson, SIOR, at the company’s Hackensack office at 201-488-5800 or visit www.naihanson.com.

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The post Real Estate VIEWS -NAI HANSON COMPLETES SALE OF MIXED-USE PORTFOLIO IN HISTORIC JERSEY CITY NEIGHBORHOOD first appeared on River View Observer.

2 FAMILY  Duplex Owners Apartment 4 bedrooms, 2 full baths, one with a Jacuzzi, tub and steam shower room. 5 year old roof, modern 2 bedroom rental apartment, plus finished basement. Garage parking and 3 car D/W parking .

YOU WILL NOT BE DISAPPOINTED

$425,000 Negotiable

Call Nancy D- 201-9887802

Exit on the Hudson Realty

– 201-437-0411

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