Reported Oct 13, 2026 · Source: Real Estate NJ
AIRN Management has sold a multifamily development site in Guttenberg to cap off the long-running liquidation of a portfolio once held by a disgraced local developer. Price: Not disclosed. Source: Real Estate NJ.
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Read the full report at Real Estate NJ. What the article says:
AIRN Management has sold a multifamily development site in Guttenberg to cap off the long-running liquidation of a portfolio once held by a disgraced local developer.
Brokers with CBRE represented the seller, a court-appointed restructuring team, in the transaction at 6903 Adams St. A private builder purchased the site, which provides immediate access to well-known waterfront communities in Edgewater, West New York, Weehawken, Hoboken and Jersey City and is adjacent to an NJ Transit bus service stop.
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