Affordable Housing - New York

  • Luxury Boutique Community in Brooklyn Hits the Market

    Meridian Capital Group will handle the sale of the recently completed Brooklyn Grand, a two-building residential and retail development in Williamsburg.

    05 December 2017 21:13
  • Brooklyn Residential Tower Lands $218M Refi

    Located in Brooklyn Cultural District Fort Greene, the Gotham Organization's 586-unit Ashland offers residents a wide range of amenities, including a 17,000-square-foot Gotham Market.

    09 November 2017 15:34
  • JV to Build 274 Affordable Units in Brooklyn

    HPD and HDC designated the joint venture between MHANY Management, Urban Builders Collaborative and Cypress Hills Local Development Corp. to develop Chestnut Commons, which will be East New York’s largest affordable community.

    31 October 2017 13:49
  • Breaking Ground Opens 1st Affordable Community

    Designed by COOKFOX Architects, Park House is an $86 million, 248-unit project in the Bronx, built to accommodate low- and very low-income families.

    06 October 2017 15:07
  • SG Blocks to Develop Largest Projects in Company History

    The developer of container-based structures plains to build two low-income housing projects totaling 390,000 square feet in New York State. Both multistory buildings will be fully modular.

    05 October 2017 14:59
  • Emerald Equity Lands $129M for Bronx Portfolio

    Sabal Capital Partners closed on 34 Freddie Mac Small Business Loans on behalf of Emerald. Comprising more than 850 units, this marks the largest Small Balance Loan transaction through the Freddie Mac SBL program since it was created in 2014.

    05 October 2017 14:11
  • New Destiny Breaks Ground on Affordable Bronx Community

    The Jennings will feature 42 units for low-income households. Alex Gorlin is the architect and Lettire Construction is the general contractor.

    04 September 2017 16:13
  • Supportive Housing Coming to Brooklyn

    Comunilife and NYC Health + Hospitals broke ground on a $28 million, 89-unit community that will provide housing to low-income residents and individuals with behavioral health issues.

    22 August 2017 13:57
  • Can You Afford to Live in NYC?

    Only nine out of the 139 neighborhoods included in a RentHop study have median asking rents that can be afforded with 35 percent of the area median income.

    21 August 2017 12:37
  • 948 Affordable Units Preserved in the Bronx

    LIHC Investment Group, Belveron Partners and Camber Property Group will rehabilitate Stevenson Commons in the New York City borough. The initiative is moving forward through an agreement with the New York City Housing Development Corp.

    14 August 2017 16:22
  • WinnCos. Eyes $19M Rehab for NJ Affordable Community

    The firm plans to make significant interior and exterior upgrades to the newly acquired Bridgeton Villas Apartments, a 156-unit community in Bridgeton, N.J.

    03 August 2017 15:26
  • Affordable NJ Community Changes Hands

    The new owner acquired Berkeley Terrace for a price tag of $12.2 million and plans to invest in extensive renovations. The project is slated for completion by August 2018.

    31 July 2017 10:36
  • Omni Breaks Ground on $68M Affordable Bronx Community

    The 15-story Morris II Apartments will comprise 154 units with a 4,000-square-foot ground-floor community space, and 30 percent of the units will be permanently affordable.

    28 July 2017 16:29
  • Phase 2 of Brooklyn Affordable Project on Track

    A joint venture of The Hudson Cos. and BEC New Communities has closed on the financing and acquisition of BEC Continuum Resyndication, which includes 550 units across 43 properties.

    06 July 2017 16:05
  • Unveiled: Brook Avenue Apartments in the Bronx

    Yuco Real Estate Co.'s $25 million, 66-unit development was financed under Mayor De Blasio's Housing New York plan.

    28 June 2017 14:33