Affordable Housing
Q&A: Partnering Our Way Out of the Affordable Housing Crisis
Standard Cos.’ Steven Kahn discusses solutions for the shortage of affordable units in New York City and the impact of rent control laws on low-income and workforce housing.
Manhattan Affordable Project Breaks Ground
Asian Americans for Equality is developing the 14-story building in the East Village neighborhood.
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.
Bluestone Acquires Chattanooga Property
The firm picked up 1400 Chestnut Apartments, a 200-unit asset located in the center of downtown.
Related Urban Unveils $600M Miami Project
The firm is partnering with Miami-Dade County on the second phase of a 2,600-unit development plan.
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.
Bronx Affordable Housing Development Opens
The $52 million project is located in the Mount Eden neighborhood and will provide 126 units and supportive services.
LEED Silver Affordable Housing Asset Puts on Rooftop Solar
The power capacity is estimated to reduce the cost of electricity by as much as 50 percent and will pay for itself in nine to 10 years.
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.
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.