Deals - New York

  • 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
  • Stamford Community Commands $67M

    TH Real Estate sold The Wescott Apartments in Stamford, Conn., to a New Jersey-based investor, while Pensam Residential and Freddie Mac provided a preferred equity investment to facilitate the acquisition.

    11 December 2017 22:17
  • Meridian Sells 2 Brooklyn Apartment Buildings

    The East Flatbush Portfolio, comprising two elevator buildings, has been sold for $26.5 million. The corner location and up-to-date condition of the properties require no additional maintenance.

    11 December 2017 21:26
  • LichtensteinRE Closes $11M All Cash Sale

    The off-market sale of the renovated multifamily property in the Bronx’s Tremont neighborhood offers an excellent investment opportunity as rents increase.

    08 December 2017 20:36
  • Meridian Sells Brooklyn Community for $18M

    The firm sold the 60-unit, post-war building to S. Antonio Realty. The average unit size is 1,050 square feet.

    08 November 2017 15:49
  • Greystar Nabs NJ Community for $70M

    Cushman & Wakefield represented the seller, Invesco Real Estate, in the disposition of the amenity-filled, 115-unit property located in Hoboken, N.J.

    03 November 2017 14:09
  • Jehovah’s Witnesses Sells Historic Brooklyn Asset

    Formerly a hotel known as “the aristocrat of Brooklyn Heights,” the 295-unit The Towers will be redeveloped into Brooklyn’s first luxury senior housing community.

    02 November 2017 15:28
  • Brooklyn Luxury Condo Sets Sales Record

    The 14-unit 868 Lorimer On The Park is 50 percent sold within three months of The Serhant Team launching sales. The property also includes Greenpoint neighborhood‘s most expensive condo sale.

    18 October 2017 19:59
  • 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