JLL Capital Markets announced today it closed the $114.45 million sale of the 360-unit Prospect Place Apartments in Hackensack, New Jersey.
JLL represented the seller, Kushner Companies, to complete the sale to the buyers, Khosla Capital LLC and DKJ Equity LLC.
Prospect Place Apartments total 428,040 rentable square feet and consist of one-, two- and three-bedroom floorplan options. Built in 1995 and 2005, the property was recently renovated, with updated units including in-home washers and dryers, hardwood-style flooring, stainless steel appliances and granite countertops. The building is pet-friendly and features top of the market community amenities including two fitness centers, game room, swimming pool, resident lounge and business center as well as garage parking. The buyer has immense opportunity to continue updating original units.
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Robert Ray Comstock, a fixture in the New Jersey press corps from the 1950s through the 1980s who served as Executive Editor of The Record for more than a decade, died Thursday. He was 93.
Comstock also had stints working as the press director for Gov. Brendan Byrne, as an associate professor at Rutgers University, and after leaving journalism, working in public relations.
Comstock died of complications from COVID-19.
Described by one former reporter as running The Record’s newsroom with “an iron fist and a velvet glove,” Comstock oversaw the newspaper in the pre-internet age when print was still king. His tenure at the helm of the paper covered everything from the Iran hostage crisis to President Ronald Reagan being shot to the Challenger space shuttle explosion and the Iran-Contra scandal of the late 1980s.
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It’s June 17, 1896, and Norwegian polar explorer Fridtjof Nansen is waking up after another frigid night spent on Franz Josef Land. It’s an uninhabited archipelago north of Siberia in the Arctic Ocean. With his assistant Hjalmar Johansen still snoozing nearby, Nansen starts a fire, tosses some meat into a pot to make soup, and climbs atop a rocky hill to admire the view.
That’s when he hears it the unmistakable sound of dogs barking. He’s shocked, because their last sled dog died months ago.
The two explorers haven’t laid eyes on another human since they abandoned their ice-bound ship, the