5-30-14

www.marejournal.com O wners , D evelopers & M anagers F eaturing S afety & S ecurity Victor Kaplan of Prestige Group handles the entire transaction Prestige Group sells 24 apartment units for $785,000 in Lindenwold, NJ L INDENWOLD, NJ — Richard Natow , president of Prestige M id A tlantic Real Estate Journal — Section B

tor Kaplan , vice president, handled the entire transaction from marketing the property for sale, contract negotiations through to a successful settle- ment. Victor Kaplan said “The property had significant up- side potential. There are laun- dry hook-ups in the basement which the new owner can gen- erate income by installing coin operated laundry machines. In addition, the utilities can be changed to separately meter each unit.” Kaplan continues, “The building, being all two bedroom units was attrac- tive to the Buyer. The Seller financing and current New Jersey State Green Card were both advantages in the sale of this property.” n

Group, Inc. announced that Prestige Group, Inc. was respon- sible for the sale of “San- ta Fe Apart- ments”, a 24 unit multi-

Victor Kaplan

HI-LIGHTS May 30 - June 12, 2014 family property in Linden- wold. The address is 2137- 2139 South White Horse Pike which is located in Camden

2137-2139 South White Horse Pike bedroomapartments. There is plenty of on-site parking. The apartment building was purchased by a private invest- ment group for $ 785,000. The

County. “Santa Fe Apartments” is situated on 1.5 acres and con- sists of two brick buildings each consisting of 12, two

Seller was “ID Investments, LLC”. Prestige Group was respon- sible for the listing and sale side of this transaction. Vic-

Kean breaks ground on new, high-tech academic building Gruskin Group designs ‘Sister’ Gateway Building for Kean University

Featuring Safety & Security

Morris Ave. Gruskin Group designed the building with a number of unique high tech features, including: •A state-of-the-art, 500-seat auditorium that features a Meyer Sound “Constellation” active acoustic system. •An interactive audience collaboration system that allows up to 100 students to post content from their own devices, including cell phones, tablets, and laptops, up on the main screen. •A 30-foot wide by 7-foot high, interactive iTouch wall located in the building lobby which allows students to draw, research, play games, search online, and collaborate with each other. To interact with the iTouch wall, students only need to use their hands and fingers to gesture, becoming virtual markers, pens, and pointers. “The auditorium will be an exciting space for learning or just being in the audience be- cause the technology will turn the room acoustically into a world-class classroom, lecture hall, stadium, movie theatre,

UNION, NJ — Gruskin Group , a design firm, has designed a new academic building for Kean Univer- sity’s Union, NJ, campus. The multi-story, 114,700 s/f, mixed-use academic build- ing will be home to Kean’s Health and Computer Sci- ences programs. The building is a “sister” to the recently opened Green Lane building, an award winning building also designed by Gruskin Group. Kean recently broke ground on the North Avenue Academic Building, which is expected to be completed by July 2015. While the Green Lane Build- ing was designed to act as a western gateway to the cam- pus, this new multipurpose, six-story academic building will provide an architectural anchor to the eastern end of campus, and will be linked to the main campus with flow- ing paths and outdoor seating passing through a park-like setting to the west of the build- ing. This link will extend the pedestrian friendly campus plan, and further enhance the definition of the campus along

Widener University of Chester, PA selects IMC 5-9B

3B

North Avenue Academic Building rendering

IBS announces completion of Itanium-compatible code set

intimate meeting space or even Carnegie Hall,” said Kenneth Gruskin, AIA , principal of Gruskin Group. ”For example, with the press of a button, stu- dents can ask a question using normal conversation volumes without a microphone regard- less of where the student is sit- ting. This is achieved though the placement of 118 speakers and 75 microphones which, when processed through Mey- ers Constellation Processor, creates the virtual acoustics of a small classroom. “Overall, the building de- sign embraces the evolving reality that today’s plugged- in, technology-savvy students

can learn as much outside the classroom as in it. They no longer need to go to a library to find a book or do research, since the university library is now essentially in the palm of their hand,” said Gruskin. “The building is also designed to facilitate new ways for stu- dents and faculty to interact, socialize, engage, learn, and study both in and outside the classroom, via its numer- ous lounges, breakout spaces, intimate nooks, outdoor ter- races, and even corridors that become gathering spots using integrated technologies and the students’ own personal devices.” n

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www.marejournal.com ALSO INSIDE NJAA................................10B Green Buildings........11-15B USGBC NJ........................15B IREM......................... 16-IBCB

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