Deals - New York

Greystar Sells Class A Community in CT
Lowe Enterprises Investors bought the 374-unit luxury community located in the heart of Danbury, Conn. Greystar will continue to manage the property.
Luxury
Progress Capital Lands $26M for Mixed-Use Jersey City Project
The development, which is being built on the site of the former Fairmount Hospital, will feature 99 luxury apartments and 2,240 square feet of ground floor retail.
Luxury
Kushner Buys 360-Unit NJ Property
The company has acquired Prospect Place, a two-building community located in Hackensack, N.J., from Greystar.
Market Rate

  • Avanath Buys 3 Affordable Communities in NJ, MD

    Through its Affordable Housing III fund, the company bought two properties in Upper Marlboro, Md., and one in Wharton, N.J., with plans to upgrade the assets.

    04 April 2018 15:52

  • Manhattan Apartment Prices Continue to Drop: Halstead

    The median cost has remained unchanged from quarter four of 2017 but dropped 1 percent from the previous year, according to the company's most recent report.

    03 April 2018 15:21

  • Forest City Trades Brooklyn Property for $156M

    Principal Global Investors acquired 461 Dean, a 363-unit community—50 units of which are affordable—that opened in late 2016.

    30 March 2018 14:16

  • Kamson Corp. Sells NJ Community for $50M

    Gebroe-Hammer Associates arranged the sale of Forrest Hill Terrace Apartments, a 452-unit garden-style community located in Newark.

    27 March 2018 14:14

  • E&M Management Buys 2 NY Properties

    The two communities, located in Port Ewen and Kingston, traded for $44 million. The purchase was funded with a $33 million loan.

    23 March 2018 20:51

  • BEB Capital Grabs East Harlem Community

    The eight-story luxury apartment development, which opened in East Harlem in 2016, contains 29 units above one street-level retail space.

    06 March 2018 17:09

  • Stellar Management Expands NYC Portfolio

    The firm acquired a 42-unit building in Hamilton Heights, making it the owner of 37 percent of the residential properties along a five-block stretch of Broadway.

    21 February 2018 15:17

  • Northern NJ Development Site Trades for $17M

    The upcoming apartment community will be located on a former fuel farm, previously owned by Hess Corp. River Development acquired the facility in 2014, and has since demolished it, preparing the riverfront for luxury apartments.

    29 January 2018 15:26

  • JV Restructures Partnership for Brooklyn Redevelopment

    Greenland USA and Forest City Realty Trust reached an agreement to extend Greenland's ownership interest to 95 from 70 percent and decrease Forest City's interest to 5 from 30 percent for its Pacific Park Brooklyn mixed-use project.

    16 January 2018 18:15

  • Manhattan Conversion Project Lands $130M

    Eastern Consolidated arranged the construction loan on behalf of Delshah Capital for its adaptive reuse project, which will transform a medical facility into a luxury community in Morningside Heights.

    12 January 2018 17:31

  • Luxury Boutique Manhattan Property Lands $50M

    Aview Equities' 23-unit community underwent a multimillion-dollar revitalization in 2013, including complete renovation of the residential units, the repositioning of the retail space and upgrades to the common areas and building systems.

    05 January 2018 13:49

  • HFF Arranges NY Student Housing Sale

    An HFF team including Jose Cruz, Andrew Scandalios, Kevin O’Hearn, Michael Oliver, Stephen Simonelli, Jordan Avanzato and Ryan McBride represented the seller in the transaction.

    03 January 2018 15:36

  • Mortar Arch + Dev Nabs Brooklyn Development Site

    The developer plans to begin work on a new, five-story condo development at the Greenpoint site, beginning in the winter of 2018.

    21 December 2017 14:01

  • Long Island Apartments Sell for $8M

    Cushman & Wakefield represented the seller of three-story property, which was was built in 1959 and is located within walking distance of public transportation and retail options.

    18 December 2017 15:31

  • Henley USA Acquires Queens Apartments for $23M

    The company plans to renovate the 56-unit property in Jackson Heights, including upgrades to the heating systems and updating common areas.

    13 December 2017 14:55