Multifamily news in New York

Home Leasing, CPC Open $18M NY Apartments
The 72-unit Charlotte Square at the East End is the first of three new developments in Rochester. Construction on phases II and III are anticipated to begin in the fall of 2017.
Market Rate
Sustainable Queens Development Begins Leasing
Gotham Organization's and Brause Realty's property, called The Forge, includes 272 units and features environmentally friendly, luxury amenities.
Luxury
NJ Community Sells for $27M
A joint venture of C6 Real Estate Partners and Citymark Capital acquired the newly built, 100-unit River Edge at Garfield, which comprises one- and two-bedroom apartments ranging from 834 to 1,217 square feet.
Luxury

  • Cushman & Wakefield to Market NYC Beaux-Arts Community

    Measuring 42 feet wide, the building initially housed 14 families and their servants. Later converted to a hotel, the structure was reconverted to an apartment building in 1964.

    21 June 2017 17:26

  • Top 5 NYC multifamily sales

    Top 5 multifamily sales recorded in the month of May 2017

    19 June 2017 19:49

  • Toll Brothers Unveils Luxury Condos in Manhattan

    The development firm joined forces with Barry Rice Architects and Bernheimer Architecture to develop 100 Barrow, a 12-story, 33-unit luxury residential building that will welcome new residents this fall.

    19 June 2017 13:44

  • Maplewood Senior Living Breaks Ground on $270M NYC Community

    The 215-unit development featuring assisted living, enhanced care and memory care introduces the company's Inspir brand, which was created to deliver a new option for older adults seeking senior residences.

    16 June 2017 15:26

  • HUD, HCR, MDG Partner for $160M Bronx Preservation

    Michelangelo Apartments, a 494-unit affordable building, is a 43-year-old Mitchell-Lama community that will be renovated and preserved as affordable for another 40 years as a result of the deal.

    14 June 2017 16:56

  • Leasing Starts at Post Brothers’ The Duchess

    The 320-unit luxury apartment building is slated for completion later this year, and it is the firm’s first New Jersey project. Paris Forino and Vijay Kale Architects oversaw the building’s design.

    14 June 2017 15:44

  • Greystone Provides $60M HUD Loan for NY Skilled Nursing Facility

    The firm also secured a bridge-to-HUD loan to finance Kennedy Management's acquisition, rebranding and renovation of the 302-bed asset in 2015.

    12 June 2017 16:45

  • UA Builders Nabs Another Bronx Propco Project

    The construction firm is partnering with Badaly & Badaly Architects to deliver a 120,000-square-foot residential development in the West Bronx.

    12 June 2017 14:48

  • Soho Properties Launches Sales at 45 Park Place

    Construction broke ground on the 50-unit luxury condominium tower in June 2016, and the project is slated for completion in early 2019. Stribling Marketing Associates will lead the sales and marketing efforts for the property.

    07 June 2017 13:10

  • Silverback Condo Conversion a Tall Order in Brooklyn

    The development company will shepherd the conversion of a 29-story residential tower in New York City's Brooklyn Heights, making it the tallest condo building in the neighborhood.

    02 June 2017 15:08

  • Jersey City’s Urby Tower Partners With Airbnb

    Residents will be allowed to share their apartments by renting out a private room or the entire unit for as many as 30 days annually. The location is the second of a planned series of Urby developments set to open.

    30 May 2017 18:03

  • HFF Secures $50M Loan for NJ Community

    The company arranged the long-term fixes-rate loan on behalf borrower Capodagli Property Co. The 222-unit transit-oriented community offers convenient access into New York City and other major employment hubs.

    30 May 2017 09:11

  • NY Launches $20B Affordable Housing Initiative

    The five-year plan was created to combat homelessness and proposes $10 billion to create and preserve more than 110,000 units across the state, including 12,000 units is designed through the newly enacted "Affordable New York" program.

    25 May 2017 16:55

  • Tiffany Rufrano Joins Greystone Development

    Greystone has selected Rufrano as its new director of asset management. A former Paramount Group vice president, she brings more than a decade of experience in asset management, acquisitions, financing and investment banking.

    25 May 2017 15:25

  • WinnCos. Preserves NJ Affordable Housing

    The company joined with Greater Bergen Community Action to complete a project that will preserve affordable housing for 400 residents for 30 years in Jersey City.

    24 May 2017 14:52