Affordable Housing - Northeast
Cities
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Manhattan Affordable Project Breaks Ground
Asian Americans for Equality is developing the 14-story building in the East Village neighborhood.
19 November 2019 14:20 -
Mack-Cali Lands $300M for Jersey City Tower
The REIT has secured financing to build a 750-unit luxury community five blocks from the waterfront.
18 November 2019 21:17 -
Wilmington Community Changes Hands in $7M Deal
River Commons Apartments received financing from Fannie Mae, while the Delaware State Housing Authority provided an additional subordinate debt loan.
15 November 2019 14:42 -
Bronx Affordable Housing Development Opens
The $52 million project is located in the Mount Eden neighborhood and will provide 126 units and supportive services.
14 November 2019 16:14 -
Phase 1 of $300M Bronx Development Begins
More than 180 units will be built in the initial phase of the Peninsula, a five-building development on the former site of a juvenile detention facility.
12 November 2019 14:54 -
CAPREIT Acquires Delaware Community
Greysteel’s Ari Firoozabadi and Henry Mathies acted on behalf of the seller and procured the buyer for Vinings at Christiana.
11 November 2019 19:51 -
Newark Affordable Housing Breaks Ground
The Michaels Organization and its partners began work on Somerset Brownstones, a $19 million development in New Jersey's Central Ward neighborhood.
11 November 2019 19:40 -
Brooklyn Affordable Community Breaks Ground
Trinity Financial Inc. and the New York City Housing Authority are bringing the 180-unit property to the borough's Brownsville neighborhood.
11 November 2019 14:23 -
Queens’ T-Building: From Hospital to Affordable Housing Community
Dunn Development Corp. has started work on transforming the historic structure into a 200-unit affordable housing property, slated for completion in 2021.
06 November 2019 06:51 -
Pembrook CEO: Affordable Housing Can Be Top Performing
Stuart Boesky, CEO of Pembrook Capital Management, explains how affordable rental housing can be a successful investment, even in times of economic distress.
05 November 2019 15:43 -
Manhattan Rental Property Lands $215M Refi
The part-affordable community is located within Essex Crossing, a mixed-use development that will eventually house more than 1,000 apartment units.
30 October 2019 14:26 -
1st Phase of Bronx Mixed-Use Project Delivers
Breaking Ground and its partner Comunilife Inc. have opened the first affordable building as part of a 1.1 million-square-foot development.
30 October 2019 13:49 -
Q&A: Raising the Bar for Green Affordable Housing
Enterprise Community Partners’ Krista Egger offers a sneak peek of the updated framework for improving the health and well-being of low-income residents.
25 October 2019 14:21 -
Fairstead Affordable Buys Harlem Apartments for $76M
A HUD Project Based Section 8 contract and HPD Article 11 regulatory agreement will enable the multifamily portfolio to remain affordable for 40 years.
18 October 2019 13:30 -
Manhattan Communities Get $119M Refi
The owner secured the Fannie Mae financing in preparation for the expiration of the city's 421a tax abatement program.
11 October 2019 13:19