Market Rate Housing - New York

  • On the Market: 5 Interesting Listings for the Week of 4/30

    This week's listings include a newly renovated age-restricted community in Vegas and a turnkey asset in central Richmond, Va.

    04 May 2018 15:39
  • Kushner Buys 360-Unit NJ Property

    The company has acquired Prospect Place, a two-building community located in Hackensack, N.J., from Greystar.

    05 April 2018 13:22
  • 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
  • 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
  • RXR Tops Off Brooklyn Mixed-Use

    The 810 Fulton St. development in Fort Greene will offer 393,000 square feet of residential and retail space across 12 floors. The project is scheduled for completion in 2019.

    14 February 2018 15:35
  • NJ Community Lands $19M Fannie Mae Loan

    AMS Acquisitions purchased the 85-unit Silk Lofts, an adaptive reuse of a former Maidenform factory in Bayonne, N.J.

    09 February 2018 15:20
  • Airbnb Intensifies Gentrification Across NYC Communities: Report

    According to a ShareBetter coalition report, short-term rentals have removed as many as 13,500 housing units yearly, with 66 percent of revenue being derived from illegal listings.

    02 February 2018 14:33
  • 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
  • Berkadia Secures $40M Refi for NJ Community

    The 752-unit Brookchester Apartments is a garden-style community in New Milford, N.J., located 20 minutes from New York City.

    15 January 2018 14:50
  • Brooklyn Community Lands $92M

    Greystone Bassuk arranged the 10-year permanent loan with Union Bank on behalf of The Hudson Cos. for The Parkline, a 254-unit building located in Prospect Lefferts Gardens.

    03 January 2018 15:55
  • 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
  • Jonathan Rose Begins Leasing Brooklyn Community

    Caesura, named after a pause in the middle of a line of music or poetry, features 123 studios and one- and two-bedroom apartments, in addition to 34 furnished micro units. Move-ins will begin in February 2018.

    12 December 2017 17:20
  • 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