Kevin Tartaglione
Senior Vice President and COO
Advance Realty Development
Although the overall residential market has suffered in recent years, Tartaglione has seen no letup in demand within the rental sector in Hudson County. In March the firm announced plans for Willow14, a 140-unit luxury apartment complex in Hoboken, N.J., with 22,000 sq ft of retail space. The project is scheduled to break ground this year, with completion set for 2013. Were very bullish on that location, he says. Hoboken, in general, is a very vibrant market that continues to demand quality housing.
Del-Sano Contracting
2037 Morris Ave.,Union, N.J.
CEO: Angelo Del Russo
Founded: 1975
Whats New:In February the firm broke ground on the Newark Clinton Avenue Homes, a 56-unit, four-story apartment complex for low-income and veteran families in Newark, N.J.
Actual | Actual | Actual | Forecast | Forecast | |
---|---|---|---|---|---|
Total Construction | 2007 | 2008 | 2009 | 2010 | 2011 |
($ Millions) | $793 | $916 | $843 | $1,101 | $843 |
Non-residential | $257 | $140 | $307 | $123 | $232 |
Commercial and Manufacturing | $93 | $93 | $224 | $88 | $136 |
Stores and Shopping Centers | $9 | $38 | $19 | $36 | $17 |
Office and Bank Buildings | $31 | $6 | $106 | $15 | $48 |
Hotels and Motels | $3 | $0 | $0 | $1 | $9 |
Other Commercial Buildings | $49 | $50 | $98 | $37 | $61 |
Manufacturing Buildings | $0 | $0 | $0 | $0 | $0 |
Institutional | $164 | $47 | $83 | $35 | $96 |
Education Buildings | $108 | $5 | $56 | $15 | $53 |
Health-Care Facilities | $4 | $18 | $4 | $12 | $12 |
Other Institutional Buildings | $52 | $24 | $23 | $8 | $31 |
Residential | $351 | $291 | $344 | $61 | $174 |
Single Family | $18 | $13 | $7 | $8 | $11 |
Multifamily | $334 | $278 | $337 | $53 | $163 |
Total Non-building | $185 | $485 | $192 | $917 | $437 |
Highways and Bridges | $45 | $243 | $82 | $117 | $355 |
Other Public Works | $49 | $174 | $51 | $274 | $43 |
Environmental Public Works | $91 | $66 | $59 | $56 | $4 |
Electric Utilities | $0 | $2 | $0 | $471 | $36 |