Multifamily

MAPLEWOOD, N.J. — J.G. Petrucci Co. has broken ground on its 50-unit apartment community, named The Station House, in Maplewood. The community is across from the Maplewood Memorial Park and adjacent to the Maplewood Train Station. The property, situated on the site of the former Maplewood Police Station, will consist of one- and two-bedroom apartments. The Township of Maplewood had named J.G. Petrucci as the master developer of the project in October 2011. The Station House is expected to be delivered in the spring of 2013.

NEW YORK CITY — 391 Leonard Street LLC has sold a 50,000-square-foot development site at 88 Richardson St. in the Williamsburg section of Brooklyn for $18 million. The site is comprised of three interconnecting properties. The buyer, 88 Richardson LLC, plans to develop luxury apartments on the site, which offers 160,000 buildable square feet. Robert Klein of Kalmon Dolgin Affiliates represented both parties in the transaction.

ELMWOOD PARK, N.J. — Riverfront Residential has completed the first phase of Riverwalk, an upscale rental community at 400 Riverfront Blvd. in Elmwood Park. Phase I of the project included the construction of 91 one- and two-bedroom apartments. When complete, the community will feature 158 rental residences and 17,000 square feet of ground-floor retail space. Amenities will include a fitness center and on-site parking. Niles Bolton Associates is the project architect.