Gerber/Somma Associates.The Hackensack Hackensack, city, United States Hackensack, city (1990 pop. 37,049), seat of Bergen co., NE N.J., on the Hackensack River, a residential and industrial suburb of New York City; settled 1647, inc. as a city 1921. , NJ-based real estate firm of Gerber/Somma Associates has locked-up two sales in Hudson Hudson, towns, United States Hudson. 1 Industrial town (1990 pop. 17,233), Middlesex co., E central Mass., on the Assabet River, in an apple-growing region; settled c.1699, inc. 1866. County for a combined price of $750,000. The dual transactions were announced jointly by G/S G/S Gray-Scale G/S Guidance System G/S Ground Speed G/S Glide Slope officials Harold Gerber and Frank Somma. Both multi-family deals were handled by regional representative Steven Gerber, who noted that the initial sale involved a 27-unit mid-rise apartment building at 118 Jewett Avenue in Jersey City, NJ, which was acquired by a Brooklyn, NY-based diversified diversified (di·verˑ·s investment group whose purchase marked its second foray in the Jersey City market within 12 months. Both were arranged by G/S. The seller, Hudson Realty realty n. a short form of "real estate." (See: real estate) REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property. Management, was represented by Athan Mergus, Esq. The second sale also took place in Jersey City and entailed the four-story residential rental project at 78 Romaine Avenue, which was also owned by Hudson Realty. Ideally situated near the hub of Journal Square, the apartment property boasts all five-room layouts. The purchaser, a venture development investor headquartered in Martinville, NJ, has already embarked upon a major renovation program designed to upgrade the project's infrastructure. |
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