Northeast

A photo of New York City Rent Guidelines Board voting at the June 26th meeting

NYC Just Greenlit a Rent Freeze. What Happens Now?

It was a move promised by the mayor, and the industry’s reactions were mixed.

Exterior rendering of Edgemere Commons B2, an affordable housing project inside a Queens, N.Y., affordable housing redevelopment.

Tishman Speyer Lines Up $214M for Queens Affordable Project

The building is part of a larger redevelopment replacing a century-old hospital.

Exterior shot of The Grove Somerset, an upscale community in Somerset, NJ.

TruAmerica Enters the NYC Metro Market

It’s the second time the property has traded since 2020.

A chart of New York City's top multifamily sales of May 2026

Top 5 NYC Multifamily Building Sales—May 2026

These are the top five largest transactions in New York City, according to PropertyShark.

Exterior rendering of JFK Boulevard, a multifamily project in Jersey City, N.J.

Nasser Freres Lands $375M for Jersey City High-Rise

The project is scheduled for 2029 completion.

Rendering depicting an early version of Williamsburg Wharf with three towers complete.

New Empire Lands $75M for Brooklyn Condo Project

The financing package includes a $58 million senior loan.

Exterior shot of the former office building at 221 W. 41st St. in Manhattan, which Yellowstone will convert to a residential community.

Yellowstone Lands $480M for Manhattan Office Conversion

The property will undergo repositioning as a condo and rental community.

Rendering of 259 Lenox St., a multifamily project in Norwood, Mass.

Tremont Breaks Ground on Boston-Area Development

The company also received a $44.5 million construction loan for the upcoming community.

Photo of New York City Mayor Mamdani at a press conference revealing the Block by Block housing program in May 2026.

NYC Launches Supportive Preservation Program for 39,000 Units

The city’s budget allocation for supportive housing rose to $1 billion.

Rendering of Imperial Tower, a 56-story mixed-use development in Jersey City, N.J.

Myneni Properties JV Lands $220M for Jersey City Project

The mixed-use high-rise is slated for completion in 2028.